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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)

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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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Power your day with market insights and business updates trusted by the industry’s top leader Swarup Mohanty!

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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 πŸŽ₯ https://www.youtube.com/watch?v=zGZDczI2AaU
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ED said has provisionally attached proceeds of crime in the form of immovable properties and bank balances amounting to β‚Ή29.75 crore in a case of PNB fraud by fugitive businessman Nirav Modi.

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Mint Podcast πŸŽ™οΈ | What's wrong with a millet burger bun?

πŸ‘‰ Bigbasket's quick commerce thrives in both big cities and smaller towns, with plans to expand its product range and dark stores

πŸ‘‰ Influencers may face exclusivity clauses in long-term contracts, impacting the β‚Ή1,900 crore influencer marketing industry

πŸ‘‰ McDonald's new millet bun sparks debate among nutritionists over health benefits and public health goals

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https://open.spotify.com/episode/7b8n28U5yT3f3rYC60ylbR
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E-mobility, roads, health cover get a β‚Ή1 tn cheque | Amazon CCI case in last leg; fine may be based on turnover | AI will force a transformation of tech infra

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Here's a compilation of interesting numbers that matter!

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Mint Charts | Gold prices hit a record $2,530 per ounce last month, driven by factors including China's growing gold reserves. Despite falling inflation and strong equities, China's central bank's gold holdings surged to 2,264 tonnes by July 2024.

Read today’s Plain Facts that looks at the interplay of various factors driving up gold prices: https://www.read.ht/ScLs

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#JustaThought

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πŸ“Œ Today's Mint Metric!

Read latest stories, expert columns, recommendations, best strategies, breaking story analysis by Bibek Debroy: https://www.livemint.com/authors/bibek-debroy
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#QuoteOfTheDay

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Personal Finance | Managing your NRI child's finances? Avoid FEMA violations by securing a Power of Attorney (PoA) to stay compliant and penalty-free. Legal peace of mind is key to safeguarding your family's financial future

(Anil Poste writes)

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Personal Finance | Non-resident Indians (NRIs) can open NRE fixed deposits with different Indian banks. The benefit of an NRI deposit is that it can be opened simply by making inward remittance to India in any freely convertible currency.

NRE FDs can be opened & managed online too with Indian banks. NRIs can also obtain loan against NRE FDs which can be used for a variety of purposes.These loans can be granted to the NRI in India or outside India (by overseas branch of Indian banks) or even third parties.

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

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India is set to pull up global e-commerce giant Amazon for alleged violations of competition law, under tighter rules that allow levying penalties based on a conglomerate's global turnover.

(Gireesh Chandra Prasad reports)

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