The Indian government is hesitant to increase the income ceiling for the Other Backward Classes (OBC) creamy layer due to concerns of resentment. Currently, an OBC family earning over Rs 8 lakh is considered "creamy layer" and ineligible for job and education quotas. The government believes that Rs 8 lakh is already a high enough bar and fears that raising it further may lead to copycat demands from other sections.
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Apple CEO Tim Cook may have hinted at iPhone price hike, here's what he said
Apple's CEO, Tim Cook, has indicated that rising computer memory costs are increasingly impacting the company's finances. While Apple absorbed initial increases, significantly higher expenses are expected from the June quarter onwards. This situation, coupled with supply chain issues for advanced processors affecting Macs, suggests potential price hikes for consumers as Apple explores various options. from Times of India https://ift.tt/rnhcE7O via IFTTT
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