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China's smaller manufacturers look to catch the automation wave

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China's manufacturing sector is embracing automation, with some factories already operating with minimal human intervention. While larger companies invest heavily, smaller businesses adopt a hybrid approach, integrating technology to assist workers. This shift raises concerns about job losses and the cost of modernization for SMEs. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/jnbmZh8 >
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SpaceX IPO could make Musk an almost instant trillionaire

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from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/3tVAI5U >
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CBDT acts against intermediaries filing tax returns with bogus deduction claims

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from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/cQafSqr >
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Eighth Pay Commission: Railways to trim costs to accommodate higher wages; maintenance, procurement, energy sectors in focus

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Indian Railways is implementing significant cost-cutting measures in maintenance, procurement, and energy to bolster its finances. This proactive approach aims to absorb anticipated wage increases from the Eighth Pay Commission, projected to be substantial. The railway is focusing on operational efficiency and increased freight revenue to manage the financial impact. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/Po06sCH >
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Fidelity International acquires 6.3% stake in Meesho

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from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/A2FW0Ke >
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Retail inflation inches up to 0.7% as some food prices rise

India's retail inflation saw a slight increase in November, reaching 0.7% from October's record low, driven by rising costs of vegetables, eggs, meat, fish, and spices. Experts anticipate inflation to remain subdued for now, though a surge in tomato prices could impact future trends. The Reserve Bank of India recently reduced its policy repo rate. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/D0sBdYy >
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Laws governing insurance, stock markets to be rewritten

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The Union Cabinet has approved significant reforms for the stock market and insurance sectors. The plan includes allowing 100% foreign investment in insurance, aiming to boost penetration and consumer choice. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/hOqisxv >
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