According to a KPMG report, productivity is identified as the leading catalyst for growth within manufacturing. Firms that excel in boosting productivity tend to see notable increases in both profits and market valuation. For large manufacturers, meaningful productivity improvements require transformative approaches. Meanwhile, small factories are shown to have lower per-worker output. Leveraging digital solutions and cultivating a positive workplace culture will be essential for driving productivity forward.

Global food prices rise 1.9%, says UN body; highest since 2022 amid weather, war disruptions
https://timesofindia.indiatimes.com/business/international-business/global-food-prices-rise-1-9-says-un-body-highest-since-2022-amid-weather-war-disruptions/articleshow/133797409.cms

Food prices worldwide hit the highest levels since late 2022 in August, fueled by unpredictable weather conditions and rising geopolitical conflicts. These factors, coupled with interruptions to trade pathways, are raising alarms over the supply of vital commodities. This troubling update was shared by the UN Food and Agriculture Organization on Friday, underscoring the increasing vulnerabilities of global food systems.

Son loses gifted flat after neglecting parents; why he may still inherit it later
https://timesofindia.indiatimes.com/business/india-business/parents-gifted-their-son-a-flat-on-condition-he-care-for-them-after-he-neglected-them-bombay-hc-cancelled-the-gift-but-heres-why-he-may-still-inherit-it-later/articleshow/133795029.cms

A recent Bombay High Court case involved a son who was directed to vacate his father’s flat after the court found that he had failed to honour the condition attached to the gift of the property. The flat had been transferred to him on the understanding that he would take care of his parents, an obligation he did not fulfil.

Europe is moving its gold out of America; where is it headed
https://timesofindia.indiatimes.com/business/international-business/europe-is-moving-its-gold-out-of-america-where-is-it-headed/articleshow/133824849.cms

In a strategic maneuver amidst rising global tensions, the Netherlands has transferred part of its gold reserves to London, seeking more immediate access in times of crisis. The Dutch central bank cites London as a hub for the most liquid gold trading. This shift underscores a larger trend among central banks worldwide, which have been diversifying their gold holdings following the aftermath of the financial crisis.

FPIs turn sellers again, pull out Rs 7,443 crore from Indian equities in first week of September
https://timesofindia.indiatimes.com/business/india-business/fpis-turn-sellers-again-pull-out-rs-7443-crore-from-indian-equities-in-first-week-of-september/articleshow/133826044.cms

In early September, foreign portfolio investors pulled out Rs 7,443 crore from Indian equities after experiencing two months of net investments. This retreat was influenced by soaring crude oil prices and stable US bond yields, which dampened investor enthusiasm. Additionally, foreign entities maintained their selling spree in the Indian debt market. Future FPI movements will likely be determined by global factors such as bond yields and inflation statistics.

Rs 1 lakh gold investment becomes Rs 3.28 lakh in 5 years: 228% return plus interest
https://timesofindia.indiatimes.com/business/india-business/gold-bond-bought-at-rs-4682-now-worth-rs-15334-sgb-gives-228-return-rs-1-lakh-becomes-rs-3-28-lakh-plus-2-5-annual-interest-premature-redemption-due-september-7/articleshow/133827872.cms

The Reserve Bank of India (RBI) has announced the premature redemption price for the SGB 2021-22 Series VI, which was issued on September 7, 2021. In a statement, the RBI has said that investors in this gold bond series will be able to exercise the premature redemption option from September 7, 2026.

Onion prices still make eyes water despite Centre's Rs 35/kg buffer sale
https://timesofindia.indiatimes.com/business/india-business/onion-prices-still-make-eyes-water-despite-centres-rs-35/kg-buffer-sale/articleshow/133831552.cms

In a move to curb soaring onion prices, the government is implementing subsidized sales, dispersing around four thousand tonnes of onions to seventeen cities. With fresh kharif onion arrivals anticipated from mid-October, the supply situation is set to improve, although the recent rabi crop suffered from unexpected rains, complicating storage. This initiative aims to alleviate the financial burden on consumers struggling with high prices.

Crude prices, Fed bets and more: What’s in store for markets this week
https://timesofindia.indiatimes.com/business/india-business/crude-prices-fed-bets-and-more-whats-in-store-for-markets-this-week/articleshow/133833323.cms