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Bhavish Aggarwal-led Ola Electric saw its inventory crashing to about Rs 90 a chunk within the morning trade on Monday, as aggrieved prospects flooded social media platforms again with a myriad of issues with its flagship electric two-wheeler. The Indian unit of the Korean carmaker is reportedly providing a discount of Rs 186 per share to eligible workers within the IPO. The ASX200 has dropped zero.1 per cent, with losses by consumer discretionary and tech firms outweighing features by goldminers and oil producers.

Governor Genia additionally introduced the Bank’s Vision 2050, launched in line with the anniversary celebrations. Shells, significantly the Kina and Toea, were not solely mediums of commerce but additionally symbols of wealth, social standing, and cultural practices. “Deeply embedded in our traditions and cultural practices, shell cash also represented social status, and it was utilized in marriages, deaths, and other vital ceremonies and events,” Genia defined. The arrival of colonisers marked a turning level in the country’s financial historical past, leading to the introduction of up to date currencies on 19 April 1975. “These modern currencies served as both financial instruments and national emblems of our independence and unity as a nation,” Genia famous. She offered insights into the cultural significance of the Kina and Toea, explaining that the word “Kina” is present in each the Pidgin and Kuanua languages and describes the priceless pearl shell extensively traded in PNG’s Highlands and Coastal regions.

Personal finance contributor Christopher Liew explains some of the downsides of obsessive frugality and presents some tips about how to steadiness frugal living with dwelling your every day life. Financial Independence and Early Retirement is a rising motion for individuals looking to retire earlier than the standard age. Personal finance contributor Christopher Liew digs into the origins of the FIRE formulation and outlines steps to implement it in your life. Personal finance contributor Christopher Liew offers practical tips for parents who wish to give their youngsters abilities to develop intelligent cash habits early on of their lives. The Tax-Free Savings Account could be a powerful financial savings tool and investment automobile. Financial contributor Christopher Liew explains how they work and tips on how to take full advantage of them so you can reach your monetary goals sooner.

Two main rail carriers had locked out more than 9,000 staff before the federal government ordered arbitration. Hotels in a dozen cities may see picket strains as housekeepers and different employees fight for greater wages and decrease workloads. A prolonged shutdown may deal a big blow to the economic system because the employees control main commercial choke points. Forecasters are warning of the life-threatening dangers as the storm approaches the US coast.

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The Kina and Toea Exhibition was launched on 29 August and continued from 30 August to 6 September 2024 at the National Museum & Art Gallery in Port Moresby. The exhibition offered an opportunity to explore the fascinating historical past of PNG foreign money and its distinctive place within the nation’s development. Displaying cultural richness and variety, attendees have been reminded of the significance of currency as a reflection of PNG identification, values, and traditions. The Assistant Governor of Corporate Affairs, Mr Ron Sikar, gave the opening speech and formally declared the exhibition open on behalf of the Governor of BPNG, Elizabeth Genia, in her absence. “It is an honour to face earlier than you right now as we open the Kina and Toea Exhibition, a showcase of our nation’s rich and evolving economic historical past as part of the Bank’s fiftieth anniversary celebrations,” Governor Genia said. She highlighted that the event is particularly vital as it precedes the 50th anniversary of each the country’s forex and the nation itself.

The physician denies understanding who Lucy Letby was till he was requested to apologise to her seven months later. Daniel Khalife is accused of collecting sensitive army info for Iran and escaping from jail in September 2023. Former Liverpool manager Jurgen Klopp appointed global head of soccer at Red Bull. Forecasters are warning of the life-threatening dangers because Business News the storm approaches Florida. Laura HellerI’d love to know why it is so exhausting to foster government growth from within… Oil prices have surged amid escalating tensions within the Middle East, with merchants hedging towards a “worst-case state of affairs” that would see prices climb to $100 a barrel.