After a long gap, private consumption has seen a sharp increase in the first quarter of FY25. Mint looks at the importance of this development, what has caused the revival and what it means for India’s economic growth going forward.

(Madhavan N writes)

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InMobi Pte Ltd expects its consumer tech unit Glance to turn profitable next fiscal year, and plans to list it separately later, CEO Naveen Tewari said, more than five years after it floated the subsidiary to diversify its core ad tech business

(Ranjani Raghavan & Samiksha Goel report)

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The central government’s India Semiconductor Mission (ISM) is preparing a fresh incentive package to attract overseas chipmakers, packagers, testers and component suppliers into the country’s semiconductor ecosystem, according to its top executive.

(Shouvik Das reports)

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Apple Event 2024 | Apple iPhone16 vs iPhone 16 Pro difference gets narrower than ever

In this video, let's take a look at the top 5 features that make upgrading to even the base model of iPhone 16 worth it.

Watch here 🎥 https://www.youtube.com/watch?v=ryDp7BGqh64

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#PersonalFinance | The series follows Bella's journey from a privileged life to independence after a scandal.

It explores themes of collaboration, loyalty, and the necessity of financial security, all wrapped in a fun and engaging storyline.

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International crude oil prices crashed to a 33-month low (near a three-year low) today, with the benchmark Brent crude futures sinking below $70 a barrel for the first time since Dec 2021.

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The Reserve Bank of India has fined HDFC Bank Limited Rs1.91 crore and penalized Axis Bank Limited ₹1 crore.

https://www.livemint.com/news/hdfc-bank-fined-rs-1-91-crore-axis-bank-penalized-rs-1-crore-for-non-compliance-with-rbi-directions-11725986844555.html

Personal Finance | Here is the journey of Instagram influencer Sukhneet Wadhwa who transitioned from a savings-focused approach to mutual funds after her divorce

(Sashind Ningthoukhongjam reports)

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Mint Podcast 🎙️ | Apple's new iPhone expected to sell well in India
👉 The Indian equities markets rose for a second consecutive trading session yesterday
👉 Startup IPOs are surging, but investors should stay cautious and focus on long-term potential, advises Abhishek Mukherjee
👉 Apple's new iPhones could drive AI adoption and boost sales in India, despite AI's current status as a luxury feature
Listen in 🔽https://open.spotify.com/episode/0lqJCHCXWBT2nxv9Raiom2

Apple may ride iPhone 16 to $15 billion sales in India | JSW Neo Energy, 2 more in shortlist for $1 bn O2 Power deal | Biryani boom drives surge in demand for basmati rice

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Here's a snapshot of financial markets for you.

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Here's a compilation of interesting numbers that matter!

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Mint Charts | Indians' dietary patterns show gaps in meeting nutritional guidelines, with high food prices worsening the cost of a balanced diet. Recent CPI data reveals that inflation for key diet items has outpaced overall inflation.

Read today's Plain Facts to know why India struggles to eat right: https://www.read.ht/ScKy

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Just a Thought

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Stocks To Watch | Here are top stocks that could be in focus today!

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Apple’s AI-heavy iPhone16 is set to drive record-breaking sales in India this festive season, with forecasts of a 20% sales boost in the December quarter and $15 billion revenue milestone for 2024-25.

(Shouvik Das reports)

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