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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Last week, as India celebrated nutrition week, McDonald’s unveiled a “multi-millet bun" for its burgers, lauding it for “extra goodness". But nutritionists said this could mislead consumers and objected to a top public research institute partnering with the company. Mint explains.

(Sayantan Bera writes)

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For influencers banking on a barrage of partnerships to enhance income during the festival period, there is a sobering reality. Companies are increasingly demanding exclusivity and avoiding creators who promote multiple brands.

(Pratishtha Bagai reports)

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A decade ago, Micromax spotted an opportunity in the mobile handsets business and disrupted the market with affordable products. At its peak, in 2014, it briefly became the largest mobile phone player in India. What happened next has lessons for the current crop of wearables startups.

(Sumant Banerji writes)

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Real estate and construction firms are giving out incentives to blue-collared workers to retain them on site this festive season. This is happening on the back of a severe manpower crunch in these industries, as a host of factors weans the workers away to other sectors.

(Devina Sengupta reports)

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Indian comedian and actor Vir Das will host the 2024 International Emmys, becoming the first Indian to do so. The announcement was made by the International Academy of Television Arts & Sciences.

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

#MarketsWithMint | Nifty 50, Sensex hits life-time high. Experts list out these 5 reasons

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Veteran CPI(M) leader Sitaram Yechury has passed away after being admitted to #AIIMS New Delhi for acute respiratory tract infection.

More details: https://shorturl.at/tVxvc

#Exclusive | Former Chief Minister of Haryana, Bhupinder Singh Hooda has said that fielding Vinesh Phogat in the upcoming Assembly election is Congress party’s token of gratitude for the Olympian wrestler’s services to the country.

Read more: https://shorturl.at/WkiSi

Crypto ‘Kuber’ Ashish Singhal: ‘Want To Make Money Equal For All…’ | Rollin’ With The Boss

While most were still trying to determine if cryptocurrencies are a good asset class for investments, Ashish Singhal saw an even bigger opportunity. A platform on which users can compare the prices of various cryptocurrencies. That led to the launch of Coinswitch in 2017.

https://www.youtube.com/watch?v=BgcVzgM4JkM

Jaishankar On BRICS vs G7: You Won't Let Anyone Enter G7, We Formed Our Own Club

External Affairs Minister Dr S Jaishankar when asked on the need for #BRICS, responded by saying that it was formed after G7 shut it's door on developing economies.

Watch to listen his full response! https://www.youtube.com/watch?v=cNZkd1I2MhI

Personal Finance | Living in Singapore, Harshit and Prabhjot face high living costs, prompting them to seek medical care in India. Here is how they invest their money and plan for the future.

(Aprajita Sharma writes)

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Personal Finance | Whether you are planning overseas travel or want to send money abroad, it is always a good idea to shop around for the best forex exchange rate.

Here's a list of INR to USD forex rates offered by some of the major banks & travel aggregators.

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Mint Podcast 🎙️ | Why did the markets hit record highs yesterday?
👉 Indian stocks hit new highs with Nifty and Sensex rising, driven by hopes for global rate cuts
👉 RBI allows Sumitomo Mitsui to buy 51% of Yes Bank but limits voting rights to 26%
👉 New VC firms struggle as investors prefer higher returns from public markets
Listen in 🔽https://open.spotify.com/episode/6WecTbcORDc7m5sAufmL8A

Stocks scale new highs as investors bet on rate cuts | VC partners going solo sweat for funds as markets stay hot | IAS toppers may get to break free of ads

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

Here's a snapshot of financial markets for you.

Read the Mint Newsletter: https://www.livemint.com/mint-top-newsletter/minttopofthemorning13092024.html

Here's a compilation of interesting numbers that matter!

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Mint Charts | Apple's new AI-powered iPhone 16 may have received a tepid response from its shareholders, but in India, it's driving high expectations for record sales.

Analysts predict a 20% sales boost in the next three months amid the country's peak festive season.

The starting price of the base model is Rs 79,900. Pre-bookings in India start today, and sales will begin from 20 September.

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📌 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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