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News and analysis from the world of business and finance.

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#AlibabaGroup Holding Ltd. is calling off an initial public offering for its Cainiao logistics arm, shelving a much-anticipated debut that could have raised more than $1 billion.

Read here: https://www.read.ht/SUkN
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#PersonalFinance | Axis Bank's recent devaluation of its credit cards, notably the Magnus card, has sparked discontent among customers, leading some to contemplate moving their banking affairs to other institutions.

(Shipra Singh & Shashwat Mohanty report)

Read here: https://www.read.ht/SUld
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#PersonalFinance | Bank fixed deposits (FDs) continue to be popular investment products not just among senior citizens who are looking for guaranteed income, but also among investors who can't stomach risks.

Here is a list of banks that offer the highest #FD rates for deposits up to ₹1 crore over various tenures.
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#MintPodcast 🎙️| A snowballing governance nightmare for corporate India?

#TopOfTheMorning is a daily podcast in which we bring you all the action from the global markets and the business world to kick-start your day on a well-informed note.

Listen in 👇

https://www.read.ht/SVFC
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Tweak in rule brings relief to banks, AIFs | #CarDekho looks to raise $100-150 mn | Over 2 dozen directors pull candidatures during vote

Read today's Mint e-paper here: https://epaper.livemint.com
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Here's a compilation of interesting numbers that matter!

Read the #NewsInNumbers on Mint app every weekday: https://mintiphone.page.link/Hy8V

#ApolloPipes #ApolloGroup #IPO #GujratTitans #ShubmanGill #ChennaiSuperKings #IPL2024
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#StocksToWatch | Here are top stocks that could be in focus today!

Read here: https://www.read.ht/SVFH
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#MintCharts | India retained its top position among major emerging markets (EMs) in the February edition of Mint’s monthly EM tracker, buoyed by robust domestic growth and a sharp rebound in exports.

The rupee’s performance against the US dollar, while modest, outshone that of its peers, as did the achievements of the domestic stock market.

India’s solid standing is particularly advantageous for the Modi government as it approaches the Lok Sabha elections.
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Today's #MintMetric by Bibek Debroy!
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#PersonalFinance | P2P lenders have temporarily frozen liquid schemes amid increased RBI scrutiny and to promote longer lock-in periods, reflecting ambiguity in P2P operations & concerns over asset-liability mismatch

(Sashind Ningthoukhongjam writes)

Read here: https://www.read.ht/SVGM
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#Mint20BestFunds | We have hand-picked 20 #mutualfunds for your portfolio that have jumped through hoops of good returns, low risk, good portfolio hygiene and our own qualitative research.

#PersonalFinance
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The second-hand car industry has gained significant traction among women buyers in recent years. According to the used car retailing platform Spinny, women accounted for 46% of the share in the used-car sales in March this year.

(Mansi Jaswal reports)

Read here: https://www.read.ht/SVO0
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Jailed gangster-turned-politician, Mukhtar Ansari died due to cardiac arrest on Thursday after he was admitted to a hospital in Uttar Pradesh's Banda district because of his health condition.

He was rushed to the hospital in an unconscious state after he complained of vomiting.

Read here: https://www.read.ht/SVgO
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With sterling gains, markets close FY24 | Consultancy firms see rise in poaching amid war for talent | Al Gore firm, CapitaLand eye Radiance acquisition

Read today's Mint e-paper here: https://epaper.livemint.com
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