Blinkit Introduces 10-Minute Return and Exchange Feature for Apparel in Select Cities: Business News Updates for October 16, 2024


Today’s Business News Highlights: Stay Updated on the Latest from the Business World, Stock Market, and More!

In today’s business news highlights, Blinkit, a popular online delivery platform, has introduced a new feature that allows customers to return and exchange apparel within 10 minutes of delivery in select cities. This feature aims to address issues related to size and fit, providing a convenient solution for customers in Mumbai, Bengaluru, Hyderabad, and Pune.

In other news, the prices of eight common medicines used to treat various ailments are set to increase due to rising costs of ingredients, production, and exchange rates. This move comes after drug manufacturers applied for price hikes to offset their rising expenses.

Royal Enfield is gearing up to unveil its first electric motorcycle on November 4, which may be named ‘Flying Flea’ as a tribute to a World War II motorcycle. The teaser of the electric bike showcases a retro-style bobber design, adding excitement to the electric vehicle market.

Central government employees can expect a 3% hike in Dearness Allowance (DA) with three months’ arrears, following a delay in the announcement earlier this year. The increase in DA is anticipated to be announced shortly before Diwali, providing relief to government employees.

Additionally, Apple has launched the iPad Mini in India, featuring the A17 Pro chip for enhanced performance and AI capabilities. The compact tablet offers a range of features and is now available for purchase in the Indian market.

Stay tuned for more updates on business news, stock market trends, and the latest developments in the world of business. Follow our live blog for real-time updates on key industry players like Bill Gates, Elon Musk, Mukesh Ambani, and Gautam Adani, as well as updates on gold and silver prices. Stay informed and stay ahead in the world of business.

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