China celebrates 'Golden Week' in October. Many take the time to holiday abroad and it's customary to treat yourself as well as others. With nearly half a billion expected to travel it's big business outside of Asia too. Bloomberg's Caroline Hyde went to see how one high-end restaurant chain is looking to profit on the Chinese vacation. (Source: Bloomberg)

Duck and caviar: Why Chinese spend so much this week

In addition, the companies are targeting export markets, including Southeast Asia, Africa, and West Asia, that may boost their business in the long run

Business Standard

the rising demand for premium helmets is also helping Studds Accessories expand its profit margins

From YouTube CEO Neal Mohan to Bill Gates, top tech leaders are limiting their children's screen time as studies link social media to teen anxiety and governments move towards age bans

But for many industry experts, the real story was that the technical gap between OpenAI's so-called foundational AI model and everyone else had become practically nonexistent

The Maharashtra government routed routine procurement of medicines and medical equipment through the state-run Haffkine institute using Advance Contingent bills, leaving 559 bills worth Rs 2,226.32 crore pending for adjustment at the end of 2024-25, CAG has said.
Advance Contingent (AC) bills are a type of government bill used to draw money in advance for urgent or unforeseen expenses, when it is not practical to wait for detailed bills or vouchers.
According to a report by the Comptroller and Auditor General (CAG), tabled on the last day of the winter session of the state legislature on Sunday, pending AC bills accounted for 63.03 per cent of the total AC bills, in violation of Rule 282(2) of the Maharashtra Treasury Rules, which bars withdrawal of funds unless required for immediate disbursement.
The report identified the Medical Education and Drugs Department as the biggest defaulter with Rs 2,212 crore of Detailed Contingent (DC) bills pending, followed by the Public Health ...

According to a report by the Comptroller and Auditor General (CAG), tabled on the last day of the winter session of the state legislature, pending AC bills accounted for 63.03% of total AC bills

Press Trust of India

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ICEGATE enables e-filing and customs payments by traders; RMS automates risk-based scrutiny; and ICES handles backend assessment and clearance workflows at Customs locations

Healthcare industry body NATHEALTH has asked the government to increase public spending on healthcare to over 2.5 per cent of GDP with urgent action to tackle non-communicable diseases, including tax deductions of up to Rs 10,000 on individuals for preventive health check-ups.
In its pre-Budget recommendations to the government, NATHEALTH said it outlined a roadmap to strengthen healthcare delivery, foster innovation, and expand insurance and preventive coverage.
The recommendations call for a balanced mix of fiscal support, structural reforms, and public-private collaboration to build a robust, future-ready health system, it said in a statement.
In its recommendations, NATHEALTH asked the sector to be declared 'core infrastructure' and create a healthcare infrastructure fund of Rs 50,000 crore, saying currently there is limited access to long-term, lower-cost capital for hospitals and diagnostic networks.
New projects have long gestational periods requiring flexible mid-term ...

In its pre-Budget recommendations to the government, NATHEALTH said it outlined a roadmap to strengthen healthcare delivery, foster innovation, and expand insurance and preventive coverage

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Duck and caviar: Why Chinese spend so much this week

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