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)

Read here: https://www.read.ht/ScKu

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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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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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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Spain’s Zelestra plans to invest $5 billion in India to build 10GW of wind and solar power capacity by the end of the decade, a top executive said, doubling its previous target of achieving 5GW by 2026.

(Rituraj Baruah reports)

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Basmati rice demand has surged as biryani becomes a popular fast food in India, driven by online food delivery services.

LT Foods reports 24% growth in institutional business, with biryani orders leading on platforms like Swiggy and Zomato, reflecting a shift in consumer habits.

(Suneera Tandon reports)

Read our in-depth analysis 🔗https://www.read.ht/ScLM

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Ten new age companies have made their stock market debuts in 2024 so far, including Go Digit, Awfis and Ola Electric. Their shares have maintained momentum post listing as well. But investors must draw lessons from a lethal military formation described in the Mahabharata.

(Abhishek Mukherjee writes)

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Axis Bank’s Achievers' Club contest, started in October 2023, is under RBI review. It aimed to reward rural business top performers in categories like current accounts and loan targets, with winners set to be honoured at various locations.

(Shayan Ghosh reports)

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Vinesh Phogat launched a verbal attack on the Indian Olympic Association chief, PT Usha, accusing her of clicking photographs with her on a hospital bed during the Paris Olympics and politicising the matter without offering much help.

Read here: https://www.read.ht/ScLW

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Just a couple of hours after the mega Kamala Harris vs Donald Trump US Presidential debate, popstar Taylor Swift put up an Instagram post endorsing Kamala and the Democrats. Interestingly, Swift signed off her post as 'Childless Cat Lady'.

This was essentially a jab at the Republicans, because their vice presidential candidate JD Vance had earlier referred to senior democrats as a 'bunch of childless cat ladies'.

Watch here 🎥 https://www.youtube.com/watch?v=zGZDczI2AaU

ED said has provisionally attached proceeds of crime in the form of immovable properties and bank balances amounting to ₹29.75 crore in a case of PNB fraud by fugitive businessman Nirav Modi.

Read here: https://www.read.ht/ScLa