Summary of Business News LIVE Updates Today September 4, 2024: SpiceJet to lease 10 new planes for the upcoming travel season: Report

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    Canva Raises Prices, India Skips Hike

    Canva, the popular graphic design platform, is raising its subscription prices globally, but India remains unaffected for now. Canva Pro, Teams, and Enterprise subscription pricing for users in India will remain unchanged. However, the price increase is on the horizon for India. The update comes as Canva adds new features powered by Artificial Intelligence (AI).

    SpiceJet to Lease 10 New Planes for Upcoming Travel Season

    SpiceJet, the Indian low-cost carrier, is reportedly set to lease 10 new Boeing 737 planes to cover 60 destinations ahead of the upcoming travel season. SpiceJet's leasing costs are currently between $180-190 million per annum for 38 aircraft.

    • SpiceJet will lease 10 Boeing 737 planes.
    • The aircraft will be used to cover 60 destinations.

    Apple iPhone 16 Series Price Leaked

    The new iPhone 16 series, including the Pro models, is expected to launch on September 9 with new AI features. Leaks suggest a major price bump for the new iPhone models.

    • The iPhone 16 series is expected to launch on September 9.
    • The series will include Pro models with new AI features.
    • The price of the new iPhone 16 series is expected to increase.

    PNB Revises Savings Bank Account Service Charges

    Punjab National Bank (PNB) has revised its service charges for savings bank accounts. The revision includes a minimum average balance, issuing demand drafts, duplicate DDs, cheque return costs, and locker rent charges.

    • The revision includes a minimum average balance.
    • Issuing demand drafts, duplicate DDs, and cheque return costs have been revised.
    • Locker rent charges have also been updated.

    Air India Launches AI-Powered Baggage Tracking

    Air India has launched an AI-powered feature that allows passengers to track their checked-in baggage. The feature provides real-time updates on baggage status through a scan of the baggage tag.

    Nvidia's Jensen Huang Loses $10 Billion

    Nvidia CEO Jensen Huang experienced a significant wealth wipeout, losing $10 billion in a single day. The decline in chip stocks and an antitrust probe by the US Justice Department contributed to the drop.

    • Jensen Huang's net worth dropped to $94.9 billion.
    • The decline was due to the drop in chip stocks and an antitrust probe.

    Gold Rate Today

    The price of 10 grams of 24 carat gold is Rs. 72638.0/10 grams in Delhi, whereas 1 kg of silver is Rs. 82440.0/Kg in Delhi.

    Adani Enterprises Kicks off First Bond Sale for Individuals

    Adani Enterprises is aiming to diversify funding by issuing bonds for individual investors. The company is looking to raise up to 8 billion rupees through this first bond sale.

    • Adani Enterprises is issuing bonds for individual investors.
    • The company aims to raise up to 8 billion rupees.
    • This is the first bond sale aimed at individual investors.

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