blackjack double down
Manhattan Business Lawyer Peter Zinkovetsky Releases Comprehensive Article on Managing Business in Manhattan 12-04-2024 10:42 PM CET | Politics, Law & Society Press release from: ABNewswire Manhattan business lawyer [ https://www.avenuelawfirm.com/manhattan-business-lawyer/ ] Peter Zinkovetsky of Avenue Law Firm has released an in-depth article examining the legal complexities of running, growing, and safeguarding businesses in Manhattan, New York. The article provides valuable insights for business owners, entrepreneurs, and investors who are handling the fast-paced and competitive Manhattan business environment. "New York City's business landscape is one of the most dynamic and challenging in the world," said Manhattan business lawyer Peter Zinkovetsky. "Whether launching a startup or managing an established enterprise, understanding and addressing the legal aspects of business is critical for long-term success." The article highlights several key areas of business law that are particularly important for operating in Manhattan, including compliance with labor laws, managing contracts, protecting intellectual property, and mitigating legal risks. According to Manhattan business lawyer Peter Zinkovetsky, the legal framework in New York City can be daunting, but with the right legal guidance, businesses can position themselves for sustainable growth. Zinkovetsky's article underscores that running a business in Manhattan involves more than just daily operations; it requires addressing a wide range of legal requirements. Labor laws, for instance, are a major concern for businesses of all sizes. Non-compliance can lead to penalties and reputational damage, making legal compliance a crucial part of business operations. "Labor laws in Manhattan are layered and complex," Zinkovetsky explained. "From workplace safety to anti-discrimination measures, businesses need to understand and adhere to these rules to protect their employees and their operations." The article also explores the importance of managing contracts and agreements. Zinkovetsky emphasizes that contracts-whether they involve leases, supplier agreements, or employment terms-must be carefully drafted to protect a company's interests and remain legally enforceable. For businesses in Manhattan, intellectual property (IP) often represents a critical asset. Zinkovetsky's article encourages business owners to protect their trademarks, patents, copyrights, and trade secrets through proper registration and legal oversight. The article also emphasizes the importance of mitigating legal risks. Zinkovetsky advises businesses to implement robust compliance programs, maintain workplace safety, and seek legal support when entering into complex agreements. By proactively addressing potential liabilities, businesses can avoid disputes and maintain their competitive advantage. Disputes are a reality for many businesses, and Zinkovetsky's article provides guidance on handling conflicts with employees, partners, shareholders, or other parties. Alternative dispute resolution methods, such as arbitration and mediation, are highlighted as cost-effective options for resolving disputes without resorting to litigation. "Mediation and arbitration can often preserve business relationships while resolving conflicts efficiently," Zinkovetsky said. "However, when litigation is unavoidable, thorough preparation and strong legal representation are key." Zinkovetsky explains that business litigation in Manhattan typically involves filing complaints in either the New York Supreme Court or the U.S. District Court for the Southern District of New York. The discovery process, trials, and potential appeals all require careful legal strategy to ensure a favorable outcome. Another critical focus of the article is the legal aspects of mergers, acquisitions, and business expansion. Zinkovetsky outlines the steps involved in structuring deals, conducting due diligence, and ensuring regulatory compliance. For businesses looking to grow, these processes can present both opportunities and challenges. As Manhattan businesses expand, they often encounter new legal challenges, which may include entering foreign markets, accessing capital through public offerings, or restructuring operations. Zinkovetsky's article emphasizes the importance of legal counsel in supporting businesses through these transitions. Businesses looking to understand Manhattan's legal landscape can benefit from the guidance and support outlined in Zinkovetsky's article. Addressing legal risks and opportunities directly allows business owners to focus on what they do best-growing and innovating in one of the world's most competitive markets. About Avenue Law Firm: Avenue Law Firm is a trusted legal practice serving businesses in Manhattan. Led by attorney Peter Zinkovetsky, the firm provides comprehensive legal services tailored to the unique needs of business owners, entrepreneurs, and investors. Avenue Law Firm is dedicated to helping clients understand business law, offering strategic solutions to protect their interests and support long-term success. Embeds: Youtube Video: https://www.youtube.com/watch?v=maIdWH7N9yo GMB: https://www.google.com/maps?cid=14223199020890935024 Email and website Email: peter@avenuelawfirm.com Website: https://www.avenuelawfirm.com/ Media Contact Company Name: Avenue Law Firm Contact Person: Peter Zinkovetsky Email:Send Email [ https://www.abnewswire.com/email_contact_us.php?pr=manhattan-business-lawyer-peter-zinkovetsky-releases-comprehensive-article-on-managing-business-in-manhattan ] Phone: (212) 729-4090 Address:505 Park Ave Suite 202 City: New York State: New York 10022 Country: United States Website: https://avenuelawfirm.com/ This release was published on openPR.Texans WR Nico Collins says he was fined for tossing TD ball to kidCelebrating, introspection, and, of course, making memories are all part of the New Year. Smartphones are now capable of shooting beautiful pictures thanks to developments in mobile photography. This post examines some of the top cellphones on the market right now, ideal for recording your New Year's celebrations. Also Read | Moto G85 to Poco X6 Pro: Top 5 best gaming mobile phones of 2024 under Rs 20,000 1. iPhone 16 Pro and iPhone 16 Pro Max Apple's most recent flagship has a strong camera system that is led by a 48MP quad-pixel primary sensor. Even in difficult low-light situations, this results in outstanding image quality with remarkable detail and dynamic range. You can now take beautiful close-ups of complex details and festive decorations thanks to the inclusion of a 48MP ultra-wide camera with autofocus and macro capabilities. While the sophisticated computational photographic technologies, such the Photonic Engine, guarantee breathtaking images in a variety of lighting conditions, the 5x telephoto lens (now available on both Pro versions) brings far-off fireworks and celebrations closer. Also Read | CMF Phone 1 to Redmi A4: 2024's best 5 budget smartphones under Rs 20,000 With support for 4K 120 frames per second, video recording has also greatly improved, allowing for fluid and dramatic footage of the New Year's festivities. Using spatial audio recording gives your films a more immersive quality and faithfully captures the atmosphere of the celebrations. 2. Oppo Find X8 Pro The Oppo Find X8 Pro places a strong emphasis on display quality and zoom capabilities. It has two periscope telephoto lenses with Sony LYT-600 and Sony IMX858 sensors and a quad 50MP back camera system with up to 6x optical zoom. Because of these features, it's a great option for taking remarkably clear pictures of far-off objects, such fireworks on New Year's Eve. It also has a 50MP ultra-wide camera with a Sony LYT-808 primary sensor and a Samsung S5KJN5 sensor, which produces amazing group photos and outstanding low-light performance. The smartphone has a 6.8-inch 1.5K 120Hz LTPO micro-curved AMOLED display from BOE, which improves the viewing experience of images and movies with its rich colors and fluid scrolling. With its potent MediaTek Dimensity 9400 SoC, 5910mAh battery, and 80W rapid charging, it offers smooth performance for simple photo capture and editing. Also Read | Realme 14x 5G vs Poco M7 Pro 5G: Which budget smartphone is better? 3. Vivo X100 Ultra The Vivo X100 Ultra has an innovative camera setup that includes a 200MP ISOCELL HP9 periscope camera for remarkable zoom capabilities and a 1-inch Sony LYT-900 sensor on the primary camera for unmatched image clarity. It has Vivo's in-house BlueImage algorithm, which produces beautiful backlit and low-light images that are ideal for documenting nighttime events and New Year's Eve fireworks. With support for Dolby Vision and 4K 120 frames per second, the Vivo X100 Ultra is also an excellent video recorder. The phone could only be available in specific areas, though. Also Read | Xiaomi 14 to Poco F6: Top 5 mid-range smartphones offering premium features of 2024 4. Xiaomi 14 Ultra A very complete camera system is provided by the Xiaomi 14 Ultra. A 1-inch Sony LYT-900 primary sensor with a variable aperture is part of the quad rear camera arrangement, giving you more control over depth of field. This offers remarkable adaptability for a range of shooting situations when paired with a 50MP ultrawide lens, a 50MP 3.2x telephoto lens, and a 50MP 5x periscope telephoto lens, all of which include Leica Summilux optics. Top-tier performance is guaranteed by the Snapdragon 8 Gen 3, and you are kept energized all day long by the large battery that charges quickly. Its attractiveness is further increased by its sturdy construction and IP68 rating. Also Read | GOOD news for WhatsApp users! You can now scan documents with your phone’s camera; Here’s how 5. Vivo X200 Pro With its 50MP Sony LYT-818 primary sensor, 1/1.28-inch size, and sophisticated picture processing, the Vivo X200 Pro is a flexible option for New Year's photography. It has a 200MP telephoto lens with a 3.7x optical zoom to take close-up pictures of fine details. For superior visibility, the smartphone has a 6.78-inch LTPO AMOLED display with a remarkable peak brightness of 4500 nits. It has a fast Dimensity 9400 CPU with up to 16GB of RAM, and it supports Dolby Vision for better video quality and 4K illuminated portraits. The Vivo X200 Pro's powerful 6000mAh battery and quick charging guarantee continuous operation for recording priceless moments. Also Read | Elon Musk’s X HIKES subscription prices in India by 35%: Here’s how much it will cost you2. Golden City Heights
Kolkata: India's ambition to own at least a tenth of 6G technology patents globally looks challenging as the country has yet to secure billions of dollars in funding for 6G research and upgrade existing 4G/5G networks to support the sixth-generation wireless broadband technology, analysts and industry experts said. Top industry executives have decried the government's modest ₹1,100 crore FY25 budgetary allocation, amounting to 0.03% of the GDP, for telecom-related R&D, including allocations towards the IndiaAI Mission and design-linked incentive scheme. They termed it an unrealistic and feeble attempt to aspire for leadership on the global 6G stage. More so, since the actual FY25 budgetary allocation to the Department of Telecommunications (DoT) for R&D is just Rs 400 crore. In comparison, China, already a strong player in 6G research, has earmarked a $1.55-trillion fund for telecom R&D. As per industry estimates, China and the US have set aside around 2-3% of their respective GDPs for tech R&D. "The government has an aspiration that Indian entities should own at least 10% of overall 6G patents by 2030, but the country faces significant challenges in pursuing 6G leadership, particularly in infrastructure readiness and securing adequate funding for research and development," global professional services firm Grant Thornton said in a report. Artificial Intelligence(AI) Master in Python Language Quickly Using the ChatGPT Open AI By - Metla Sudha Sekhar, IT Specialist and Developer View Program Marketing Digital Marketing Masterclass by Pam Moore By - Pam Moore, Digital Transformation and Social Media Expert View Program Leadership Business Storytelling Masterclass By - Ameen Haque, Founder of Storywallahs View Program Web Development JavaScript Essentials: Unlock AI-Driven Insights with ChatGPT By - Metla Sudha Sekhar, IT Specialist and Developer View Program Finance A2Z Of Finance: Finance Beginner Course By - elearnmarkets, Financial Education by StockEdge View Program Office Productivity Zero to Hero in Microsoft Excel: Complete Excel guide 2024 By - Metla Sudha Sekhar, IT Specialist and Developer View Program Entrepreneurship From Idea to Product: A Startup Development Guide By - Dr. Anu Khanchandani, Startup Coach with more than 25 years of experience View Program Entrepreneurship Marketing & Sales Strategies for Startups: From Concept to Conversion By - Dr. Anu Khanchandani, Startup Coach with more than 25 years of experience View Program Marketing Digital marketing - Wordpress Website Development By - Shraddha Somani, Digital Marketing Trainer, Consultant, Strategiest and Subject Matter expert View Program Astrology Vastu Shastra Course By - Sachenkumar Rai, Vastu Shashtri View Program Entrepreneurship Crafting a Powerful Startup Value Proposition By - Dr. Anu Khanchandani, Startup Coach with more than 25 years of experience View Program Artificial Intelligence(AI) Basics of Generative AI: Unveiling Tomorrow's Innovations By - Metla Sudha Sekhar, IT Specialist and Developer View Program Entrepreneurship Startup Fundraising: Essential Tactics for Securing Capital By - Dr. Anu Khanchandani, Startup Coach with more than 25 years of experience View Program Entrepreneurship Building Your Winning Startup Team: Key Strategies for Success By - Dr. Anu Khanchandani, Startup Coach with more than 25 years of experience View Program Office Productivity Mastering Microsoft Office: Word, Excel, PowerPoint, and 365 By - Metla Sudha Sekhar, IT Specialist and Developer View Program Web Development Mastering Full Stack Development: From Frontend to Backend Excellence By - Metla Sudha Sekhar, IT Specialist and Developer View Program Marketing Future of Marketing & Branding Masterclass By - Dr. David Aaker, Professor Emeritus at the Haas School of Business, UC Berkeley, Author | Speaker | Thought Leader | Branding Consultant View Program Web Development Intermediate Java Mastery: Method, Collections, and Beyond By - Metla Sudha Sekhar, IT Specialist and Developer View Program Finance AI and Generative AI for Finance By - Hariom Tatsat, Vice President- Quantitative Analytics at Barclays View Program Strategy Succession Planning Masterclass By - Nigel Penny, Global Strategy Advisor: NSP Strategy Facilitation Ltd. View Program Office Productivity Advanced Excel Course - Financial Calculations & Excel Made Easy By - Anirudh Saraf, Founder- Saraf A & Associates, Chartered Accountant View Program Office Productivity Microsoft Word Mastery: From Beginner to Expert By - CA Raj K Agrawal, Chartered Accountant View Program India's other key challenge, it added, would be grappling with high investments entailed in upgrading the existing 4G and 5G infrastructure to support 6G services. Experts at Grant Thornton also said that once 6G technology arrives, operational expenses for maintaining and optimising 6G networks would be significant too, including costs relating to energy consumption, network monitoring and technical support. 6G technology is slated to pave the way for faster broadband networks powered by artificial intelligence, allowing automated infrastructure optimisation. With data speeds exceeding 100 Gbps, it is estimated to be over 100 times faster than 5G mobile broadband, promising a latency of nearly one microsecond or 1,000 times lower than the millisecond latency of 5G. This sharp reduction can significantly benefit in applications like self-driving cars and factory smart management, say industry experts. 6G is also expected to leverage terahertz frequencies, offering significantly wider bandwidths than 5G. But "if the goal is to secure a significant 10% share in the global 6G patents pool, it's essential to align funding proportionately and establish a well-structured and focused R&D framework," Parag Kar, telecom sector veteran and former vice president (government affairs) of Qualcomm India, told ET. A senior telecom industry executive said the near ₹83,468 crore unused corpus with the Universal Services Obligation Fund (USOF) can ideally be tapped to provide bulk of the initial funding to drive 6G research. To be sure, Grant Thornton notes that major telcos like Reliance Jio are making initial investment in 6G technology. Nominations for ET MSME Awards are now open. The last day to apply is December 15, 2024. Click here to submit your entry for any one or more of the 22 categories and stand a chance to win a prestigious award. (You can now subscribe to our Economic Times WhatsApp channel )Chandigarh, Dec 30 (IANS): Farmers have announced a 'Punjab Bandh' on Monday leading to the expected closure of all shops across the state and disruptions in road and rail services. However, emergency services will continue to operate. There will also be no supply of milk, fruits, and vegetables until the protest ends on Monday evening as several trade organisations lent their support to the bandh. "Farmer union leaders will enforce a chakka jam on roads and rail lines from 7 a.m. to 4 p.m. Government and private institutions are requested to stay closed. Only emergency vehicles, such as ambulances, marriage vehicles, or anyone in a dire emergency, will be allowed to pass," reports quoted a senior farm leader as saying. The decision to give a call for a 'Punjab bandh' was taken last week by the Samyukta Kisan Morcha (Non-political) and Kisan Mazdoor Morcha (KMM). Sarwan Singh Pandher -- who happens to be the coordinator of both forums -- said traders, transporters, employees unions, toll plaza workers, labour, ex-servicemen, Sarpanches and teachers' unions, social and other bodies, and some other sections have lent their support to the bandh. Farmers under the banner of SKM (Non-Political) and KMM have been camping at Shambhu and Khanauri border points between Punjab and Haryana since February 13 after their march to Delhi was stopped by security forces. With Jagjit Singh Dallewal's indefinite hunger strike entering its 34th day on Sunday, farmer leaders at Khanauri said they have been following the Gandhian way to continue their protest and it is up to the government to decide whether it wants to use force to evict their senior leader. He further said the farmers wanted to make it clear that whatever situation arises the responsibility will lie with the Centre and the constitutional bodies. Rail movement and road traffic will remain closed on Monday. In support of the farmers' Bandh call, bus services in Punjab will remain suspended on Monday. While the PRTC bus services will be shut for four hours, from 10 a.m. to 2 p.m., the private bus operators have announced their full support, thus declaring the suspension of services across the state from 7 a.m. to 4 p.m. on Monday. Besides a legal guarantee on the MSP for crops, the farmers are demanding a debt waiver, pension for farmers and farm labourers, no hike in the electricity tariff, withdrawal of police cases and "justice" for the victims of the 2021 Lakhimpur Kheri violence. Reinstatement of the Land Acquisition Act, 2013 and compensation to the families of the farmers who died during a previous agitation in 2020-21 are also part of their demands. This bandh, the farmer leader said, will force the Centre to accept the demands of farmers. He slammed the Union government for failing to accept the demands of farmers. Farmers under the banner of SKM (Non-Political) and KMM have been camping at Shambhu and Khanauri border points between Punjab and Haryana since February 13 after security forces stopped their march to Delhi. A "jatha" (group) of 101 farmers made three attempts to enter Delhi on foot on December 6, December 8, and again on December 14. Security personnel in Haryana prevented them from proceeding. There will be a complete bandh on December 30, farmer leader Sarwan Singh Pandher said. However, emergency services will remain operational. Punjab farmer leader Sarwan Singh Pandher said the call for a 'Punjab bandh' on December 30 is getting good support from various sections. The decision to give a call for a 'Punjab bandh' was taken last week by the Samyukta Kisan Morcha (Non-political) and Kisan Mazdoor Morcha. To ensure the success of the bandh, SKM (Non-political) and KMM convened a meeting of transporters, employees, traders and others at the Khanauri protest site last Thursday.
Suns may get Kevin Durant back vs. up-and-down Jazz
Earlier this year, Hollywood actor Gal Gadot welcomed her fourth daughter, Ori, into the world. However, in a heartfelt revelation, Gadot shared that the journey to Ori’s birth was fraught with significant health challenges. The actor disclosed she was diagnosed with Cerebral Venous Thrombosis (CVT), a rare but serious condition involving a blood clot in the brain. Gadot explains that approximately 3 in 100,000 pregnant women over 30 are diagnosed with CVT, emphasizing the importance of awareness and early detection. On Monday morning, Gal Gadot took to her social media to share her deeply personal experience. Alongside a touching photograph of herself holding her newborn daughter in the hospital, she wrote about the struggles and lessons she learned during this trying period. “This year has been one of profound challenges and deep reflections, and I’ve wrestled with how, or even if, to share a personal story,” Gadot began. “At the end, I decided to let my heart guide me. Perhaps this is my way of processing everything, of pulling back the curtain on the fragile reality behind the curated moments we share on social media. Most of all, I hope that by sharing, I can raise awareness and support others who may face something similar.” How Was This Diagnosed? In February, during the eighth month of her pregnancy, Gadot began experiencing persistent and debilitating headaches. Despite weeks of suffering, she initially dismissed the symptoms until an MRI revealed the cause: a massive blood clot in her brain. This diagnosis of CVT was a stark wake-up call for the actor and her family. “In one moment, my family and I were faced with how fragile life can be,” she wrote. “It was a stark reminder of how quickly everything can change, and amid a difficult year, all I wanted was to hold on and live.” Gadot was rushed to Cedars-Sinai Medical Center, where she underwent emergency surgery to treat the condition. Despite the uncertainty and fear surrounding the situation, her daughter Ori was born during this challenging time. The name Ori, meaning “my light,” was chosen deliberately to symbolize hope and resilience. “Thanks to an extraordinary team of doctors and weeks of dedicated care, I made it through and began the road to recovery. Today, I am fully healed and filled with gratitude for the life I’ve been given back,” Gadot shared. Reflecting on her experience, Gadot emphasized the importance of listening to one’s body. She urged others to pay attention to symptoms such as persistent headaches or discomfort, as these can often signal underlying health issues. “Pain, discomfort, or even subtle changes often carry a deeper meaning, and being attuned to your body can be life-saving,” she wrote. Gadot also underscored the need for greater awareness of CVT, especially among pregnant women. While CVT is rare, it remains a serious condition that requires immediate medical attention. According to medical experts, the condition occurs when a blood clot forms in the brain’s venous sinuses, preventing proper blood drainage. This can lead to increased pressure inside the brain, resulting in symptoms like severe headaches, vision problems, or even seizures. All You Need to Know About Cerebral Venous Thrombosis Cerebral Venous Thrombosis (CVT) is a rare form of stroke that primarily affects young adults and children, with a slightly higher incidence in women due to pregnancy and hormonal factors. Symptoms of CVT: - Severe, persistent headaches - Vision disturbances - Seizures - Nausea or vomiting - Neurological deficits, such as weakness or difficulty speaking Risk Factors: - Pregnancy, especially in the third trimester or postpartum period - Use of oral contraceptives - Blood clotting disorders - Dehydration - Infections, including meningitis Diagnosis and Treatment: Timely diagnosis of CVT is crucial. Imaging techniques such as MRI or CT scans with venography are typically used to identify the condition. Treatment focuses on dissolving the clot and preventing further complications. This often involves anticoagulant medications and, in severe cases, surgical intervention. With prompt treatment, most patients recover fully, although some may experience lingering neurological symptoms. Early recognition and management are key to reducing the risk of long-term complications. Get Latest News Live on Times Now along with Breaking News and Top Headlines from Health and around the world.PARIS (AP) — France’s far-right and left-wing lawmakers joined together Wednesday in a historic no-confidence vote prompted by budget disputes that forces Prime Minister Michel Barnier and his Cabinet members to resign, a first since 1962 . The National Assembly approved the motion by 331 votes. A minimum of 288 were needed. President Emmanuel Macron insisted he will serve the rest of his term until 2027. However, he will need to appoint a new prime minister for the second time after July’s legislative elections led to a deeply divided parliament. Macron will address the French on Thursday evening, his office said, without providing details. Barnier is expected to formally resign by then. A conservative appointed in September, Barnier becomes the shortest-serving prime minister in France’s modern Republic. “I can tell you that it will remain an honor for me to have served France and the French with dignity,” Barnier said in his final speech before the vote. “This no-confidence motion... will make everything more serious and more difficult. That’s what I’m sure of,” he said. Wednesday's crucial vote rose from fierce opposition to Barnier's proposed budget. The National Assembly, France’s lower house of parliament, is deeply fractured, with no single party holding a majority. It comprises three major blocs: Macron’s centrist allies, the left-wing coalition New Popular Front, and the far-right National Rally. Both opposition blocs, typically at odds, are uniting against Barnier, accusing him of imposing austerity measures and failing to address citizens’ needs. Speaking on TF1 television after the vote, National Rally leader Marine Le Pen said “we had a choice to make, and our choice is to protect the French” from a “toxic” budget. Le Pen also accused Macron of being “largely responsible for the current situation,” adding that “the pressure on the President of the Republic will get stronger and stronger.” Speaking at the National Assembly ahead of the vote, hard-left lawmaker Eric Coquerel had called on the government to “stop pretending the lights will go out,” noting the possibility of an emergency law to levy taxes from Jan. 1, based on this year’s rules. “The special law will prevent a shutdown. It will allow us to get through the end of the year by delaying the budget by a few weeks,” Coquerel said. Macron must appoint a new prime minister, but the fragmented parliament remains unchanged. No new legislative elections can be held until at least July, creating a potential stalemate for policymakers. Macron said discussions about him potentially resigning were “make-believe politics” during a trip to Saudi Arabia earlier this week, according to French media reports. “I’m here because I’ve been elected twice by the French people,” Macron said. He was also reported as saying: “We must not scare people with such things. We have a strong economy.” While France is not at risk of a U.S.-style government shutdown, political instability could spook financial markets. France is under pressure from the European Union to reduce its colossal debt. The country’s deficit is estimated to reach 6% of gross domestic product this year and analysts say it could rise to 7% next year without drastic adjustments. The political instability could push up French interest rates, digging the debt even further. Carsten Brzeski, global chief of macro at ING Bank, said uncertainty over France’s future government and finances is deterring investment and growth. “The impact of France not having a government would clearly be negative for the growth of France and hence the Eurozone,” Brzeski said. France has seen bond market borrowing costs rise, bringing back ugly memories of the Greek debt crisis and default in 2010-2012. Analysts say France is far from a similar crisis because much of its outstanding debt does not come due for years, and because its bonds remain in demand due to a shortage of German government bonds. Additionally, the European Central Bank could intervene to lower French borrowing costs in case of extreme market turmoil, though the bar for that remains high. —- AP Journalist David McHugh in Frankfurt, Germany, contributed to the story.
New Delhi, Dec 30 (PTI) With the rapid evolution of channels like quick-commerce and the emergence of ONDC, the Indian retail industry is 'cautiously optimistic' for 2025, in which new-age technologies such as AI and automation will play a crucial role, driving efficiency and personalisation. The New Year could be a period of transformation for the Indian retail industry, one of the fastest-growing globally, where the contemporary retail landscape is rapidly evolving, influenced by the preferences of digital-first generation Gen Z and retail tech. Also Read | Kolkata Fatafat Result Today: Kolkata FF Result for December 30, 2024 Declared, Check Winning Numbers and Result Chart of Satta Matka-Type Lottery Game. Helped by tailwinds such as rising disposable income, rapid urbanisation, the rise of non-metro tier II cities, and growing middle class along with a digitally-savvy consumer base, the organised retail sector is poised to grow expanding its play further with a customer-centric approach. "FY25 is likely to see continued focus on building supply chain efficiencies, along with upgrades to logistics hubs and tracking systems to meet fast delivery demands. Employment generation in quick commerce, logistics, and related sectors is also expected to continue," said EY India Tax Leader for Retail Practice Paresh Parekh. Also Read | Shillong Teer Results Today, December 30 2024: Winning Numbers, Result Chart for Shillong Morning Teer, Shillong Night Teer, Khanapara Teer, Juwai Teer and Jowai Ladrymbai. Indian consumers, influenced by global exposure and digital technologies, are prioritising higher quality and value for money. This has resulted in a shift in spending from luxuries to essentials or more affordable options. "Despite these challenges, the outlook for 2025 remains positive, driven by demographic trends, urbanisation, digital growth, and the aspirations of a young, dynamic middle class," he said. Parekh expects an increase in foreign investments in the retail sector and a continuance of consolidation led by PE firms and strategic acquisitions. According to the Retailers Association of India (RAI), the Indian retail sector in 2024 has witnessed a mix of challenges and opportunities. "Growth was subdued in the first half, with marginal consumption increases and cautious consumer spending. Many retailers struggled to achieve like-for-like growth, reflecting shifting consumer priorities," said its CEO Kumar Rajagopalan adding "Despite this, the year also brought innovation and resilience." Retailers have embraced technology to enhance operations and customer experience and initiatives like ONDC are creating exciting new opportunities, particularly in reaching untapped markets. "Looking ahead, the sector remains cautiously optimistic. The festive and wedding seasons have boosted momentum, and with strategic planning, retailers can sustain growth into 2025," he said. The Indian retail sector contributes around 10 per cent to its GDP and according to the latest annual report of leading retailer, Reliance it is expected to cross USD 1.4 trillion by 2027. It is also poised to become the third-largest market by 2030. Over the emergence of quick commerce, Deloitte India partner, consumer products and retail sector Anand Ramanathan said it is a "viable business model" and it is here to stay. 2024 has been disruptive for the retail sector, which besides the emergence of quick commerce, also saw the revival of mass consumption and the value retail segment for the first time since the pandemic. "100 million middle-income households will be added this decade to the economy. 2025 will continue to see the impact of this growth in middle-income households with further momentum in mass consumption. This will have a positive impact across sectors including fashion, home and food services," said Ramanathan. Puneet Mansukhani Sector Head - Retail KPMG said in 2024 retailers faced significant challenges due to inflation impacting profitability and supply chain disruptions. "These issues required strategic pricing adjustments and innovative solutions to maintain smooth operations. The festive season did see some uptake as compared to the previous year but overall the customer was cautious. "The ecommerce spend in the tier 2 and 3 cities was stronger than urban and the trend is likely to continue which makes the retailers feel bullish and optimistic in 2025," he said. Over the outlook for 2025 for the retail industry, he said continued advancements in AI and automation are "expected to drive efficiency and personalisation" in retail, enhancing customer engagement and operational efficiency. Moreover "increased use of data analytics will enable more personalised shopping experiences, catering to individual consumer preferences," he said. Retailers will likely focus more on sustainability and transparency in their supply chains, responding to consumer demand for ethical practices. However, Mansukhani also hinted towards economic uncertainty and said "Inflation and economic volatility may continue to pose challenges, affecting consumer spending patterns." (This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff may not have modified or edited the content body)Title: Tragic Incident of Thai Female Singer Paralyzed After Three Massages Sparks Warning
SCOTTISH DAILY MAIL COMMENT: A basket case of tax and spend profligacy, this woeful SNP Budget is a sure-fire blueprint for failure
As we bid farewell to the era of "lying flat" in savings, let us embrace a new era of financial empowerment and resilience. By prioritizing rational consumption, tightening our wallets, and cultivating healthy saving habits, we can secure our financial future and build a solid foundation for long-term prosperity. Let us pave the way for a brighter and more financially secure tomorrow, one prudent decision at a time.