Should you be worried about WeWork India’s ₹3,000cr IPO?

**Should You Be Worried About WeWork India’s ₹3,000 Crore IPO?**

*By Dwaipayan Roy | October 7, 2025 | 8:02 PM*

WeWork India’s ₹3,000 crore initial public offering (IPO) has come under scrutiny, with proxy advisory firm InGovern raising significant concerns over its structure and pre-listing conditions. Shriram Subramanian, the founder of InGovern, highlighted issues that cast doubt on the promoters’ intent, the company’s financial sustainability, and governance oversight.

### IPO Structure: No Fresh Capital Infusion

The IPO is structured as a full offer for sale (OFS), meaning that no new capital will be infused into the company through this process. Instead, existing shareholders are offloading shares, which raises questions about the use of proceeds and the company’s future funding needs.

### Major Concerns Raised by InGovern

**Temporary Release of Pledged Promoter Shares**

A key concern flagged by InGovern is the temporary release of promoter shares that were pledged before the IPO. Over 53% of WeWork India’s pre-IPO shares, held by Embassy Buildcon, had been pledged against borrowings amounting to approximately ₹2,065 crore. These pledges were revoked mainly to facilitate the IPO. According to Subramanian, if the listing did not occur, the shares would have to be re-pledged within 45 days. This arrangement raises questions about the promoters’ commitment and the stability of their holdings.

**Ongoing Financial Challenges**

WeWork India continues to face operating cash losses, a challenge complicated by lease agreements treated as debt obligations. Nearly 43% of the company’s FY25 revenue went toward lease payouts. Subramanian expressed concern over the promoters’ use of a pure OFS to deleverage, noting that the company’s brief profit in FY25 was largely due to a deferred-tax gain rather than operational performance.

**Governance and Compliance Red Flags**

Repeated audit qualifications have been highlighted as a potential red flag. From FY22 to FY24, WeWork India reported material weaknesses in internal controls, including poor vendor documentation and issues with related-party transparency. Moreover, the promoters face several pending enforcement proceedings under the aegis of the Central Bureau of Investigation (CBI), the Enforcement Directorate (ED), and the Prevention of Corruption Act, spotlighting serious governance concerns.

### Market Risks: Dependence on the WeWork Brand

InGovern also flagged WeWork India’s dependence on the WeWork Global brand as a critical risk factor. The company operates under a 99-year license, which is contingent on promoter control and regulatory compliance. Any conviction or significant change in promoters could jeopardize these brand rights, posing an existential threat to the business model.

### Despite Concerns, Strong Anchor Participation

Despite these multiple concerns, the IPO attracted strong anchor investor interest, raising ₹1,348 crore from 67 investors including well-known names like ICICI Prudential Mutual Fund and HDFC Mutual Fund.

**Takeaway:** While WeWork India’s IPO garnered a solid market response, investors should carefully weigh the significant financial, governance, and structural risks highlighted by InGovern before making investment decisions.
https://www.newsbytesapp.com/news/business/wework-india-s-3-000cr-ipo-under-ingovern-s-scanner-here-s-why/story

Paytm launches AI Soundbox for small businesses: How it works

**Paytm Launches AI Soundbox for Small Businesses: How It Works**
*By Dwaipayan Roy | Oct 07, 2025, 08:03 PM*

Paytm has introduced the AI Soundbox, a revolutionary device designed to help small and medium enterprises (SMEs) streamline their daily operations and payments more efficiently. The new product was unveiled at the Global Fintech Festival 2025, marking a significant step forward in bringing advanced technology to India’s business landscape.

### What Is the AI Soundbox?
The AI Soundbox is an enhanced version of Paytm’s popular payment Soundbox series. What sets this device apart is its conversational AI capability, allowing merchants to interact in 11 Indian languages. This feature makes business transactions and management more accessible for a diverse range of users across the country.

### Enhanced Features for Business Intelligence
Beyond handling payments, the AI assistant embedded in the Soundbox can answer queries related to payments, sales trends, and overall business performance. Paytm describes the device as a “business intelligence assistant,” providing real-time insights that help merchants make informed decisions without needing complex software.

The Android-based device features dual screens—one displays payment updates, while the other facilitates easy interaction with the AI assistant. It supports dynamic QR codes alongside tap and insert card transactions, ensuring versatile payment options for customers.

### Transforming Small Businesses with AI
The AI Soundbox is aimed at empowering India’s extensive network of small businesses, from local kirana stores to cafes and retail chains. By integrating artificial intelligence into everyday business interactions, Paytm hopes to simplify operations and enhance business intelligence at the grassroots level.

Vijay Shekhar Sharma, Founder and CEO of Paytm, highlighted that this launch signals a new era of intelligent devices tailored for businesses across India.

### Reliable Connectivity for Smooth Operations
Equipped with Wi-Fi connectivity, the AI Soundbox assures stable performance for indoor settings such as restaurants and supermarkets. Additionally, 4G support is built-in to maintain seamless transaction processing in outdoor or high-traffic areas.

With this launch, Paytm continues to innovate in the fintech space by providing accessible and smart technology solutions that cater specifically to the needs of India’s small and medium enterprises.
https://www.newsbytesapp.com/news/science/paytm-introduces-ai-soundbox-for-smes-here-s-what-it-offers/story

N32,000 minimum pension: FEPPPAN urges Tinubu to include excluded DBS pensioners

**Showers Encomium on Tinubu Over Efforts on Retirees’ Welfare**

The Federal Parastatals and Private Sector Pensioners Association of Nigeria (FEPPPAN) has urged President Bola Ahmed Tinubu to extend the recently approved N32,000 minimum pension to retirees of seven defunct parastatals who were omitted from the increase.

The association described such inclusion as a just and befitting Pensioners Day gift that would further demonstrate the President’s commitment to fairness, inclusiveness, and justice for all retirees.

In its 2025 Pensioners Day Celebration message, jointly signed by the President General, Elder Benjamin Amakko, and the General Secretary, Mr. Franklin Erinle, FEPPPAN appealed to President Tinubu to graciously direct the National Salaries, Incomes and Wages Commission (NSIWC) to include pensioners from the seven defunct parastatals who were wrongly excluded from the N32,000 pension increase.

The affected entities, the statement noted, include the Power Holding Company of Nigeria (PHCN), NITEL/MTEL, Peoples Bank, Assurance Bank, NICON Insurance, Nigeria Insurance, and the Petroleum Institutes.

FEPPPAN expressed deep appreciation to President Tinubu for his administration’s continued commitment to improving the welfare of retirees, especially for ensuring regular and prompt payment of pensions across the country.

The association said the President’s compassion has brought renewed hope and dignity to many senior citizens who once suffered neglect, noting in particular his approval of palliatives for pensioners to ease the hardship caused by fuel subsidy removal.

“That gesture speaks volumes of a listening and humane leader,” the statement read.

However, FEPPPAN urged the Federal Government to release the three-month N25,000 palliative already approved by the President to cushion the effects of the subsidy removal on pensioners nationwide.

The Association also called on all tiers of government—federal, state, and local—to prioritize pensioners’ welfare by ensuring prompt payment of pensions and gratuities, and by providing affordable healthcare and housing tailored to the needs of senior citizens.

“These are not privileges; they are rights earned through decades of loyal service to our beloved country,” FEPPPAN declared.

Celebrating Nigeria’s senior citizens as heroes of service, the Association saluted the strength, dignity, and legacy of pensioners who gave their best years to the growth and stability of the nation.

“You are the pillars upon which our nation stands tall,” it said. “You gave your youth, your strength, your skills, and your best years in service to Nigeria. Today, we say with pride: You are our pride, our inspiration, and our moral compass.”

The message, titled *A Salute to Our Heroes: Celebrating the Strength, Dignity, and Legacy of Nigeria’s Senior Citizens*, described October 5 as a special day in the heart of every pensioner—one proclaimed in 2021 by former President Muhammadu Buhari as the National Pensioners and Senior Citizens Day, set aside to honour the invaluable contributions of the nation’s elders to peace and progress.

FEPPPAN urged every pensioner to wear this day as a badge of honour, adding that their labour and sacrifices are written not only in national policy but also in the living memory of the nation they helped to build.

The Association praised pensioners as beacons of integrity, discipline, and service, whose legacy continues to inspire younger generations.

“Your story teaches that dedication and integrity are never in vain,” it stated, stressing that the Nigeria of today stands firmly on the foundation of their sacrifices.

Reaffirming its dedication to protecting the rights and welfare of retirees, FEPPPAN pledged to continue engaging constructively with government to ensure that no pensioner is left behind.

Finally, the Association extended goodwill to all senior citizens, both in the public and private sectors, wishing them good health, long life, peace of mind, and the respect they truly deserve.
https://tribuneonlineng.com/n32000-minimum-pension-fepppan-urges-tinubu-to-include-excluded-dbs-pensioners/

EU Council calls for life sciences investment fund

EU governments are planning to launch a European Life Sciences Investment Fund as part of a coordinated strategy to make Europe a more attractive destination for private investment in research and innovation.

At a meeting held in Brussels on September 30, research ministers approved Council conclusions focused on life sciences for enhancing EU competitiveness. These conclusions call on the European Commission to explore the feasibility of establishing a dedicated fund through the European Investment Fund (EIF), which is part of the European Investment Bank Group.

Strong and innovative life sciences are essential for the Union’s sustainable global competitiveness, sovereignty, security, and autonomy. They play a crucial role in ensuring the health and wellbeing of European citizens, addressing societal and environmental challenges, and supporting the green transition.
https://sciencebusiness.net/news/r-d-funding/life-sciences/eu-council-calls-life-sciences-investment-fund

Greene ‘disgusted’ if health care tax credits expire and premiums double

Rep. Marjorie Taylor Greene (R-Ga.) has signaled a willingness to negotiate with Democrats on their health care demands, marking a notable break from her party on an issue central to the ongoing government shutdown standoff.

In a lengthy post on the social platform X, Greene expressed her strong opposition to the potential impacts of the shutdown. She stated that she is “absolutely disgusted” at the possibility that health insurance premiums could double if the Affordable Care Act provisions are not protected.

Her comments suggest a rare shift toward bipartisan dialogue amid a fraught political environment, as discussions continue over the government’s future funding and related policy demands.
https://thehill.com/homenews/house/5542078-greene-breaks-republican-health-care/

ICTSI plows $130M as Subic terminals get fresh term

MANILA, Philippines – International Container Terminal Services Inc. (ICTSI), led by tycoon Enrique Razon Jr., has earmarked more than $130 million to bolster its Subic port operations following the extension of its concession agreements for an additional 25 years.

The listed global ports operator announced that its subsidiaries, Subic Bay International Terminal Corp. and ICTSI Subic Inc., will spearhead these developments aimed at enhancing capacity and efficiency at the Subic port. This significant investment underscores ICTSI’s commitment to strengthening its presence and service quality in the region.
https://business.inquirer.net/551035/ictsi-plows-130m-as-subic-terminals-get-fresh-term

You’ll Never Guess the Salaries of These 15 Undesirable Jobs – Are You Tempted?

Ever wondered about the high-paying jobs that are often shunned due to their inherent dangers or other reasons? Those that seem to hold little appeal? If curiosity has piqued your interest, get ready to delve into a list of undesirable occupations that surprisingly come with impressive paychecks.

How much do these jobs make? What makes them unattractive to most? Discover the world of these seldom-chosen professions and satisfy your curiosity by uncovering their earnings. Prepare to be surprised as we explore the fascinating intersection of money, risk, and occupational choices.

### 1. Sewage Inspector

Let’s dive into our list. First, we have the sewage inspector. A sewage inspector is responsible for inspecting and monitoring sewage systems in a given area to ensure they function properly and safely. They may work for government agencies, private companies, or consulting firms.

Their main duties include conducting inspections of sewage systems, identifying and reporting issues, and ensuring all systems comply with codes and regulations. They may also investigate complaints related to sewage systems and respond to emergencies such as spills or leaks.

This job is undesirable due to the nature of the work—it involves unpleasant environments, exposure to hazardous materials, and foul odors. Additionally, it can be physically demanding and requires working in confined spaces. Specialized training and certification are also necessary, making qualified candidates harder to find.

According to the Bureau of Labor Statistics, the median annual salary for environmental compliance inspectors, which includes sewage inspectors, is $71,130. Salaries can vary depending on location, experience, and employer.

### 2. Bull Semen Collector

A bull semen collector collects semen from bulls for artificial insemination. The process involves using an electro-ejaculation device to stimulate the bull’s reproductive organs and collect the semen using a specialized tool. The semen is then stored for laboratory analysis or direct use.

This job requires comfort working with large, powerful animals and handling their reproductive organs. It can be physically demanding and may involve long hours.

The average annual salary for an animal breeder, including bull semen collectors, is around $43,650.

### 3. Crime Scene Cleaner

Crime scene cleaners work in challenging and hazardous conditions. They must be trained to use personal protective equipment (PPE) and cleaning agents to avoid exposure to bloodborne pathogens and infectious diseases.

Besides the physical demands, this job is emotionally taxing. Cleaners often encounter gruesome scenes that can cause psychological trauma or trigger anxiety and depression. They also need to maintain confidentiality and handle sensitive situations with professionalism and compassion.

The Bureau of Labor Statistics reports the median annual salary for crime scene cleaners is approximately $43,900, though this can vary depending on location, experience, and company size.

### 4. Medical Tester

Clinical trial testers participate in medical research studies to assess the safety and effectiveness of new treatments, drugs, or medical devices. Both healthy individuals and those with specific medical conditions may participate.

Testers follow study protocols involving blood tests, imaging scans, medication administration, or even surgeries to help evaluate the treatment’s impact on a broader population.

Despite the importance of this role, many hesitate to participate due to concerns over potential side effects from experimental treatments. Clinical trial testers usually do not receive a salary but may be compensated for their time and related expenses, such as travel or childcare. Compensation varies widely depending on the study’s duration and complexity, ranging from a few hundred to several thousand dollars.

### 5. Police Officer

Police officers are responsible for maintaining public safety, enforcing laws, and responding to emergencies. They work across various environments, including neighborhoods, highways, and specialized units like SWAT or detective divisions.

Though vital to society, the role involves physical danger, emotional stress, and long hours, which can deter many from pursuing this career. Recent incidents involving police brutality and racial profiling have also impacted public trust.

According to the Bureau of Labor Statistics, police officers and detectives earn a median annual salary of $67,290, with benefits such as health insurance and retirement plans commonly provided. Salaries vary based on location, experience, and rank.

### 6. Snake Milker

Snake milkers extract venom from snakes for medical and research purposes. This profession requires extensive knowledge of snake behavior and venom, along with specialized tools and techniques to safely collect venom.

Working with venomous snakes involves significant physical risks, including life-threatening bites, demanding high levels of skill and concentration.

In the United States, the average annual salary for snake milkers ranges between $30,000 and $50,000, depending on experience, location, and employer.

### 7. Embalmer

Embalmers prepare deceased bodies for funeral services, burial, or cremation. Their tasks include cleaning, disinfecting, and replacing bodily fluids with embalming fluid, as well as setting facial features for a peaceful appearance. They also dress the body and apply makeup to enhance its look.

This job is emotionally and physically demanding. Embalmers often handle bodies from traumatic situations and must pay close attention to detail while managing delicate tissue.

According to the Bureau of Labor Statistics, the median annual salary for funeral service workers, which includes embalmers, is $56,900. Some embalmers earn over $80,000 per year.

### 8. Sanitation Worker

Sanitation workers, also known as garbage collectors or waste management workers, are responsible for collecting and disposing of waste and recyclable materials. Their duties include operating garbage trucks, picking up bins, and ensuring proper waste disposal.

The job is physically demanding, often involving heavy lifting, unpleasant odors, and exposure to hazardous materials. Working conditions can be challenging, and hours may be irregular.

The Bureau of Labor Statistics reports a median annual wage of $38,990 for refuse and recyclable material collectors, with earnings up to $50,000 for those willing to get their hands dirty.

### 9. Oil Rig Worker

Oil rig workers operate and maintain offshore oil rigs. Responsibilities include overseeing drilling equipment, regulating oil flow, handling material transfers, and ensuring safety compliance.

Working on oil rigs is hazardous, involving harsh conditions, high risk of accidents, and long periods away from home. Strict adherence to safety protocols and physical stamina are essential.

The Bureau of Labor Statistics cites a median annual salary of $51,590 for derrick operators, a type of oil rig worker. Salaries vary based on experience, location, and job responsibilities.

### 10. Slaughterhouse Worker

Slaughterhouse workers slaughter animals and prepare them for meat processing. Their work involves using tools and machinery to stun, bleed, and dismember animals such as cows, pigs, and chickens.

This physically demanding job takes place in noisy, dirty environments with exposure to hazardous substances including blood, feces, and chemicals. Workers face injury risks from sharp tools and potential exposure to animal-borne diseases.

Due to these challenges, many hesitate to enter this field, resulting in a high turnover rate.

According to the Bureau of Labor Statistics, slaughterers and meat packers have a median annual wage of $29,360. No formal education is required to start.

### 11. Portable Toilet Cleaner

Portable toilet cleaners maintain and sanitize portable toilets found at outdoor events, construction sites, and other locations lacking traditional restroom facilities.

Their duties include emptying waste tanks, sanitizing surfaces, restocking supplies, and performing routine maintenance.

This job is often considered undesirable because it involves frequent handling of human waste and exposure to strong odors, making it physically and emotionally challenging.

Despite this, portable toilet cleaners provide an essential service, keeping public areas clean and sanitary.

The Bureau of Labor Statistics lists the median annual salary for janitors and cleaners, including portable toilet cleaners, at $28,110.

### 12. Elevator Installer

Elevator installers install, repair, and maintain elevators and lifts in public and private buildings. They read blueprints, install components, and conduct routine maintenance.

This specialized job requires physical fitness and involves working at heights and in confined spaces. Due to its specialized nature and safety risks, there is a shortage of qualified installers.

Elevator installers typically complete a four-year apprenticeship. They earn a median annual wage of $84,990, with salaries varying by experience, location, and industry.

### 13. Landfill Operator

Landfill operators manage and maintain waste disposal sites. Their duties include overseeing daily operations, coordinating with waste haulers, and supervising staff to ensure safe waste handling and prevent environmental hazards.

This role is often viewed as undesirable due to physical demands, exposure to unpleasant odors and hazardous materials, plus the stigma attached to waste management.

According to the Bureau of Labor Statistics, landfill operators earn a median annual salary of $44,840.

Despite the challenges, they play a crucial role in waste management and environmental safety.

### 14. Coal Miner

Coal miners extract coal from underground or surface mines using specialized equipment. The job involves strenuous physical activity and can lead to long-term health issues like lung disease and chronic back pain.

Additionally, declining demand for coal has limited job prospects.

The Bureau of Labor Statistics reports a median annual wage of $47,040 for mining occupations, including coal miners.

Despite risks and challenges, coal miners remain essential to the mining sector and energy production.

### 15. Crab Fisherman

Crab fishermen catch crabs commercially by setting traps, baiting them, and retrieving the catch. The work is physically demanding, dangerous, and often seasonal.

It is considered among the most hazardous professions worldwide due to extreme weather conditions and the risk involved. Financial compensation often does not match the risks.

Nevertheless, crab fishermen supply crabs to the seafood industry, supporting processors, restaurants, and markets.

The median annual wage for fishermen and fishing workers, including crab fishermen, is $52,435, with top earners making between $52,435 and $132,077.

These jobs may not be appealing for many due to their risks and challenges, but they offer impressive paychecks and remain vital to various industries. Whether it’s the health hazards, emotional strain, or physical demands, these professions remind us of the complex balance between risk and reward in the workforce.
https://radicalfire.com/undesirable-jobs/

Mahindra launches new Bolero range with added features, reduced prices

Mahindra Launches New Bolero Range with Added Features and Reduced Prices

By Akash Pandey | Oct 06, 2025, 05:13 PM

Mahindra has unveiled an updated lineup of its popular SUVs, the Bolero and Bolero Neo, for the 2025 model year. These refreshed models come with updated styling, enhanced features, and competitively reduced prices, making them more appealing to a wide range of buyers.

Pricing and Variants

The standard Bolero now starts at an attractive price of ₹7.99 lakh (ex-showroom), while the Bolero Neo begins at ₹8.49 lakh. Both models also introduce new top-end variants that blend modern touches with their rugged, trusted character.

The Bolero is offered in three variants for 2025:

  • B4: Entry-level variant priced at ₹7.99 lakh, down from ₹8.79 lakh.
  • B6: Mid-spec variant priced at ₹8.69 lakh.
  • B8: New flagship variant priced at ₹9.69 lakh.

This pricing strategy aims to make the Bolero more accessible to first-time SUV buyers, while providing added value across all trims.

Feature and Safety Upgrades

The entry-level B4 variant retains its focus on essential features, sporting vinyl seats and a practical interior. The B6 mid-spec variant now benefits from fabric upholstery and a touchscreen infotainment system, enhancing comfort and convenience.

The flagship B8 variant brings premium upgrades such as leatherette upholstery, diamond-cut alloy wheels, fog lamps, and static bending headlamps. These features elevate both the visual appeal and everyday usability of the Bolero.

For the first time, the Bolero is equipped with a 17.8cm touchscreen infotainment system that includes steering-mounted controls. Additional new features include a Driver Information System (DIS) to display key vehicle data and USB Type-C charging ports for greater practicality.

Design Enhancements

Mahindra has refreshed the Bolero’s exterior with a new grille design across all variants and introduced a “Stealth Black” color option, lending the SUV a more premium and imposing stance.

Updates to the Bolero Neo

Targeted at urban and semi-urban buyers seeking ruggedness in a compact SUV, the Bolero Neo receives significant updates for 2025. It features a revised front grille with horizontal accents and new 16-inch alloy wheels, while maintaining its signature boxy silhouette and tailgate-mounted spare wheel.

Two new exterior colors, Jeans Blue and Concrete Gray, have been added to the palette to enhance the Neo’s visual appeal.

Inside, the Bolero Neo boasts a major technology upgrade with a larger 22.8cm (9-inch) touchscreen infotainment system supporting Android Auto and Apple CarPlay, along with a rear-view camera for added convenience. The cabin now features a fresh dual-tone theme, updated materials, and a USB Type-C port.

Performance

Under the hood, the Bolero Neo continues to be powered by the reliable 1.5-liter mHawk100 diesel engine, delivering 100hp and 260Nm of torque. This is paired exclusively with a 5-speed manual transmission, ensuring a balance of power and efficiency for daily driving.

Conclusion

With refreshed styling, enhanced features, and attractive pricing, the 2025 Mahindra Bolero and Bolero Neo deliver improved value and modern conveniences while retaining their rugged charm. These updates reinforce their position as popular choices for buyers looking for practical and dependable SUVs.

https://www.newsbytesapp.com/news/auto/mahindra-bolero-bolero-neo-get-major-updates-for-2025/story

CGHS rates revised after 15 years: How it affects you

**CGHS Rates Revised After 15 Years: How It Affects You**
*By Mudit Dube | Oct 06, 2025, 05:28 PM*

**What’s the Story?**

The Union Health Ministry has announced a significant overhaul of the Central Government Health Services (CGHS) scheme for the first time since 2014. The revised rates for nearly 2,000 medical procedures will come into effect from October 13, 2025.

This new rate structure takes into account several important factors, including accreditation status, hospital type, city classification, and ward entitlement, aiming to better reflect current healthcare realities.

**Scheme Revamp: Addressing Complaints from Beneficiaries and Hospitals**

The revision comes amid growing complaints from CGHS beneficiaries about the denial of cashless treatment by empanelled hospitals. Many patients reported having to pay out of pocket and then wait months for reimbursement.

Hospitals, meanwhile, argued that the government-set package rates had become outdated and failed to keep pace with medical inflation over the past 11 years.

The newly introduced multi-dimensional rate structure seeks to address these issues, ensuring fair compensation for hospitals and smoother access to cashless treatment for patients.

**New Rate Structure: Based on Ward Entitlement**

The revised framework applies to all categories of CGHS cardholders, with rates anchored to the cost of a semi-private room, which serves as the base package rate.

– **General Ward Entitlement**: A 5% reduction in rates applies.
– **Private Ward Entitlement**: Rates increase by 5% compared to the base.

Additionally, consultations at hospitals and healthcare organizations accredited by NABH or NABL will be charged at the standard base rate. Non-accredited healthcare organizations will have rates 15% lower than those for accredited hospitals.

**City-Wise Rate Variations Introduced**

To accommodate geographical cost differences, the scheme now includes tier-wise rate variations for CGHS-empanelled hospitals located in Tier I, II, and III cities:

– Rates in **Tier II cities** will be 10% lower than in Tier I.
– Rates in **Tier III cities** will be 20% lower than in Tier I.

However, rates for radiotherapy, investigations, day-care procedures, and minor procedures that do not require hospital admission will remain consistent across all ward entitlements and city classifications.

**Beneficiary Coverage and Implementation**

CGHS primarily serves central government employees, pensioners, and their dependent family members. As of October 5, 2025, the scheme covers approximately 4.26 million beneficiaries across 80 cities in India.

The Union Health Ministry has instructed all healthcare organizations under the CGHS network to submit an undertaking confirming their acceptance of the new rates’ terms and conditions by October 13. Failure to comply will result in de-paneling from the scheme.

**What This Means for You**

If you are a CGHS beneficiary, the revised rates could affect the costs associated with your medical procedures depending on your ward entitlement, your city, and the accreditation status of the hospital you visit.

For hospitals and healthcare providers, accepting the new terms is mandatory to continue serving CGHS patients and to receive government reimbursements under the updated framework.

Stay informed and check with your CGHS-appointed healthcare provider about how these changes may impact your access to services and reimbursements going forward.
https://www.newsbytesapp.com/news/business/new-cghs-rate-structure-effective-from-october-13/story

Bitcoin Keeps Breaking Records, But Each Halving Cycle Delivers Smaller Gains

**Bitcoin’s Historical Price Trajectory Shows Shrinking Post-Halving Gains**

Bitcoin (BTC) has exhibited a clear historical price pattern: after each halving, the asset climbs to new highs. However, recent data reveal that the magnitude of these post-halving gains has steadily diminished over time, particularly since the second halving.

**Returns Are Shrinking Fast**

Bitcoin halvings reduce the rate at which new coins enter circulation by slashing block rewards. Since 2012, block rewards have dropped by 87.5%—from 25 BTC to the current 3.125 BTC—fueling scarcity-driven narratives that traditionally support Bitcoin’s upward price momentum.

Over this period, Bitcoin’s value has surged more than 9,110-fold, reaching a high of $109,000 on September 1, 2025. Just a month later, the cryptocurrency climbed above $120,000.

Despite these impressive numbers, CoinGecko reports that post-halving returns have significantly waned. The second halving cycle in 2017 delivered peak gains of 29x, the 2021 cycle saw returns drop to 6.7x, and the latest 2025 cycle has produced a comparatively modest 93.1% increase.

Interestingly, this cycle’s rhythm shifted when Bitcoin hit a record $73,400 in March 2024—months before the fourth halving—challenging historical expectations about the timing of peak prices.

**Market Activity Explodes**

Market activity has grown exponentially alongside Bitcoin’s price, with daily trading volumes soaring from roughly $20 million in 2013 to nearly $30 billion in 2025. This heightened activity has not deterred publicly listed companies from adopting Bitcoin as a treasury asset.

As of October 3, nearly 1,040,061 BTC were held by almost 200 publicly listed firms, accounting for almost 5% of the total BTC supply. Leading this corporate adoption is Strategy, which holds 640,031 BTC—representing 63.2% of all corporate-held Bitcoin—and recently added another 4,048 BTC on September 2.

Several new companies have also made significant moves into Bitcoin. Twenty One, backed by Tether, Bitfinex, Cantor Fitzgerald, and SoftBank, has purchased 43,514 BTC since May, becoming the third-largest corporate holder.

Meanwhile, US-based healthcare firm KindlyMD expanded its holdings through a merger with Nakamoto BTC Holdings, adding 5,765 BTC and announcing plans to raise $5 billion to further grow its treasury.

Internationally, organizations like MetaPlanet in Japan and Treasury BV in Europe are building sizable Bitcoin treasuries. Treasury BV recently raised $147 million to acquire more than 1,000 BTC.

**Bitcoin’s Backbone Strengthens**

As institutional holdings climb, the Bitcoin network itself is growing stronger. The network’s mining hash rate has been on a steady upward trajectory, driven by increasing participation from both individual miners and institutional players.

Over the past year alone, the hash rate surged 88%, rising from 670 million TH/s to 1.266 ZH/s.

The US mining ecosystem has expanded significantly under the Trump administration, aided in part by the relocation of Chinese mining hardware manufacturers—such as Bitmain, Canaan, and MicroBT—to the US. These moves were driven by tariffs and regulatory pressures in China.

Domestic firms including HIVE, Hut 8, Marathon, and CleanSpark have increasingly prioritized alternative energy sources for their new mining facilities, bolstering the network’s sustainability.

Adding momentum to this trend, Eric Trump recently co-founded American Bitcoin Corp, which debuted on the Nasdaq, further signaling growing institutional interest in Bitcoin mining and infrastructure.

**In summary**, while Bitcoin continues to break price records and attract institutional adoption, the post-halving price gains have compressed over time. This evolving landscape reflects a maturing asset class supported by expanding network infrastructure and increasing corporate treasury participation.
https://bitcoinethereumnews.com/bitcoin/bitcoin-keeps-breaking-records-but-each-halving-cycle-delivers-smaller-gains/?utm_source=rss&utm_medium=rss&utm_campaign=bitcoin-keeps-breaking-records-but-each-halving-cycle-delivers-smaller-gains