Gold rate today surged near half per cent in early morning deals whereas silver rate today hit 32-month high in domestic market.
https://www.livemint.com/market/stock-market-news/gold-rate-today-advances-on-weak-us-dollar-silver-price-hits-32-month-high-11681187055969.html
https://www.livemint.com/market/stock-market-news/gold-rate-today-advances-on-weak-us-dollar-silver-price-hits-32-month-high-11681187055969.html
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Gold rate today advances on weak US dollar. Silver price hits 32-month high
Gold rate today is trading in broader $1,980 to $2,050 per ounce range, say experts
Nearly half of employees who can work from home have a hybrid arrangement, while just over a third are fully on-site & 20% are fully remote, data from #WFH Research show.
https://www.livemint.com/news/world/people-working-in-the-office-spend-25-more-time-on-career-development-11681215389166.html
https://www.livemint.com/news/world/people-working-in-the-office-spend-25-more-time-on-career-development-11681215389166.html
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People working in the office spend 25% more time on career development
Those who came into work devoted about 40 more minutes a week to mentoring others, nearly 25 more in formal training and about 15 additional minutes each week doing professional development and learning activities
#IMF slightly lowered its outlook for the global economy, while predicting that most countries will avoid a recession this year despite economic and geopolitical concerns.
https://www.livemint.com/news/imf-lowers-2023-global-growth-forecast-to-2-8-warns-of-half-decade-of-low-growth-11681218704994.html
https://www.livemint.com/news/imf-lowers-2023-global-growth-forecast-to-2-8-warns-of-half-decade-of-low-growth-11681218704994.html
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IMF lowers 2023 global growth forecast to 2.8%, warns of half-decade of low growth
The IMF predicted the global economy will grow by 2.8 percent this year and three percent in 2024
#Twitter has ceased to be an independent company after merging with a newly formed shell firm called X Corp., driving speculation about what #ElonMusk intends for the social media platform.
https://www.livemint.com/technology/tech-news/twitter-becomes-x-corp-as-musk-advances-everything-app-hopes-11681222381844.html
https://www.livemint.com/technology/tech-news/twitter-becomes-x-corp-as-musk-advances-everything-app-hopes-11681222381844.html
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Twitter becomes X Corp as Musk advances ‘everything app’ hopes
Twitter ‘no longer exists’ after being merged with X Corp., according to an April 4 document submitted in a California court for a lawsuit filed against the company and its former CEO, Jack Dorsey, last year by conservative activist Laura Loomer
Higher global food prices following #Russia’s invasion of #Ukraine have brought renewed focus to the issue of food security.
https://www.livemint.com/economy/recurrent-food-insecurity-shocks-to-worsen-macroeconomic-situation-in-emerging-markets-moodys-11681222888089.html
https://www.livemint.com/economy/recurrent-food-insecurity-shocks-to-worsen-macroeconomic-situation-in-emerging-markets-moodys-11681222888089.html
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Recurrent food insecurity shocks to worsen macroeconomic situation in emerging markets: Moody’s
The difficulties relating to food supply shocks are greater for emerging and frontier markets, where a higher share of food in household spending combines with other vulnerabilities, such as generally higher exposure to environmental and social risks, says…
The largest wine producer in the country, #SulaVineyards announced March 2023 quarterly sales figures.
In Q4, Sula recorded the highest-ever annual revenues in both its own brands and wine tourism business.
https://www.livemint.com/companies/news/sula-vineyards-own-brand-sales-up-15-at-rs-104-3-cr-wine-tourism-biz-up-18-11681223747383.html
In Q4, Sula recorded the highest-ever annual revenues in both its own brands and wine tourism business.
https://www.livemint.com/companies/news/sula-vineyards-own-brand-sales-up-15-at-rs-104-3-cr-wine-tourism-biz-up-18-11681223747383.html
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Sula Vineyards own brand sales up 15% at ₹104.3 cr, wine tourism business up 18% in Q4
Sula Vineyards' own brands sales volumes crossed 1 million cases, with Elite & Premium wines surging past the 5 lakh case mark for the first time.
Surpassing the global uncertainty & headwinds, Indian economy will continue to perform well and maintain its position of being one of the fastest growing economy in the world, said a top official of the International Monetary Fund.
Read here: https://www.livemint.com/economy/indian-economy-continues-to-perform-well-remains-one-of-the-fastest-growing-in-world-imf-11681227050100.html
Read here: https://www.livemint.com/economy/indian-economy-continues-to-perform-well-remains-one-of-the-fastest-growing-in-world-imf-11681227050100.html
#PersonalFinance | Rental income from commercial & residential real estate is typically the most favoured choice when it comes to additional sources of income.
https://www.livemint.com/money/personal-finance/should-you-buy-or-rent-a-house-amid-the-prevailing-rate-cycle-11681224770234.html
https://www.livemint.com/money/personal-finance/should-you-buy-or-rent-a-house-amid-the-prevailing-rate-cycle-11681224770234.html
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Should you buy or rent a house amid the prevailing rate cycle?
Rental income from commercial and residential real estate is typically the most favoured choice when it comes to additional sources of income.
The current year has been fruitful for the crypto as it has gained nearly 84% so far, making #Bitcoin top-performing asset in the respective market in Q1 of 2023.
https://www.livemint.com/market/cryptocurrency/bitcoin-crosses-30k-setting-new-price-high-for-2023-are-investors-warming-up-to-the-crypto-11681227708522.html
https://www.livemint.com/market/cryptocurrency/bitcoin-crosses-30k-setting-new-price-high-for-2023-are-investors-warming-up-to-the-crypto-11681227708522.html
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Bitcoin crosses $30k, setting new price high for 2023. Are investors warming up to the crypto?
The current year has been fruitful for the crypto as it has gained nearly 84% so far, making Bitcoin top-performing asset in the respective market in Q1 of 2023. The latest sharp rally does indicate a growing interest in cryptocurrencies among Indian investors.
Requirement for fresh talent capable of handling crypto, AI & climate-related arbitration is on the rise, and private law colleges have stepped up efforts to cater to the growing demand.
https://www.livemint.com/companies/news/law-schools-bring-in-ai-climate-courses-11681235749497.html
https://www.livemint.com/companies/news/law-schools-bring-in-ai-climate-courses-11681235749497.html
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Law schools put AI, crypto, climate courses in motion
Need for fresh talent capable of handling crypto, data, AI is on the rise.Mumbai-based BITS Law School has launched courses on forensic science, metaverse, crypto
#Musk broke the news of #Twitter's merger with X Corp. to his 134 million followers via a cryptic tweet that included the letter "X".
https://www.livemint.com/news/india/twitter-isn-t-a-legal-company-anymore-here-s-what-you-should-know-11681257482771.html
https://www.livemint.com/news/india/twitter-isn-t-a-legal-company-anymore-here-s-what-you-should-know-11681257482771.html
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Twitter isn't a legal company anymore. Here's what you should know
According to an April filing in a California court, Twitter 'no longer exists' and has merged with X corp
#Switzerland's parliament failed to approve the $120.5 billion of financial guarantees used to rescue #CreditSuisse last month, in a first-round vote that was largely symbolic given the state had committed the funds.
https://www.livemint.com/news/world/credit-suisse-rescue-receives-initial-snub-from-swiss-parliament-11681271862400.html
https://www.livemint.com/news/world/credit-suisse-rescue-receives-initial-snub-from-swiss-parliament-11681271862400.html
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Credit Suisse rescue receives initial snub from Swiss parliament
Switzerland's upper house had approved the rescue, meaning the two chambers of the legislative body will vote again on Wednesday.
#IMF expected the economic growth to improve to 3.5 per cent in #Pakistan, inflation to stay elevated at 22 per cent and the unemployment rate to slightly decline to 6.8 per cent for the next fiscal year.
Read here: livemint.com/news/world/imf-slashes-pak-s-growth-to-0-5-for-fy23-key-worrisome-economic-indicators-11681271645834.html
Read here: livemint.com/news/world/imf-slashes-pak-s-growth-to-0-5-for-fy23-key-worrisome-economic-indicators-11681271645834.html
Under his leadership, the #MahindraGroup, with a valuation of $19 billion, expanded its portfolio beyond tractors and sports utility vehicles, venturing into software services, hospitality and real estate sectors.
Read here: https://www.livemint.com/news/india/mahindra-mahindra-former-chairman-keshub-mahindra-passes-away-11681276766566.html
Read here: https://www.livemint.com/news/india/mahindra-mahindra-former-chairman-keshub-mahindra-passes-away-11681276766566.html
#LIC has raised its stakes in four of the six companies – #AdaniGreenEnergy, #AdaniTotalGas, #AdaniEnterprises and #AdaniTransmission, while it has trimmed its stakes in two others – #AmbujaCements and #AdaniPorts & Special Economic Zone.
Read here: https://livemint.com/market/stock-market-news/lic-raises-stake-in-4-adani-group-companies-in-q4-post-hindenburg-saga-11681270636188.html
Read here: https://livemint.com/market/stock-market-news/lic-raises-stake-in-4-adani-group-companies-in-q4-post-hindenburg-saga-11681270636188.html
#Zelensky last December had a telephone conversation with PM #Modi and thanked him for humanitarian support.
Read here: https://livemint.com/news/india/ukraine-president-zelensky-writes-to-pm-modi-seeks-more-humanitarian-aid-11681275319259.html
Read here: https://livemint.com/news/india/ukraine-president-zelensky-writes-to-pm-modi-seeks-more-humanitarian-aid-11681275319259.html
#Zerodha will form a joint venture with smallcase for its foray into the mutual fund business. Nithin Kamath, founder and CEO of Zerodha, confirmed the development on Twitter.
https://www.livemint.com/money/personal-finance/zerodha-to-form-joint-venture-with-smallcase-for-mutual-fund-foray-11681293386850.html
https://www.livemint.com/money/personal-finance/zerodha-to-form-joint-venture-with-smallcase-for-mutual-fund-foray-11681293386850.html
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Zerodha to form joint venture with smallcase for mutual fund foray
Zerodha had received in-principal approval from Sebi on its mutual fund application in September 2021
Walmart-owned Indian digital payments app #PhonePe has raised $100 million from US private equity firm General Atlantic and its investors, at a pre-money valuation of $12 billion.
https://www.livemint.com/companies/news/phonepe-raises-another-100-mn-from-general-atlantic-its-co-investors-11681293208925.html
https://www.livemint.com/companies/news/phonepe-raises-another-100-mn-from-general-atlantic-its-co-investors-11681293208925.html
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PhonePe raises another $100 mn from General Atlantic, its co-investors
With this tranche, PhonePe has raised $750Mn from several global investors.
#RBI will likely keep interest rates unchanged at least until the end of this fiscal year as it evaluates the delayed impact of previous hikes on economic growth and high inflation, a Reuters poll of economists showed.
https://www.livemint.com/economy/rbi-to-extend-rate-pause-through-year-end-likely-done-hiking-reuters-poll-11681287270923.html
https://www.livemint.com/economy/rbi-to-extend-rate-pause-through-year-end-likely-done-hiking-reuters-poll-11681287270923.html
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RBI to extend rate pause through year-end, likely done hiking: Reuters poll
A new Reuters poll of economists shows that RBI may keep interest rates changed until the end of the year
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India's annual retail #inflation eased to 5.66% in March from 6.44% the previous month, government data showed on Wednesday.
A Reuters poll of 39 economists had forecast an annual inflation rate of 5.80% in March.
Read here: https://www.livemint.com/news/india/indias-retail-inflation-eases-to-5-66-in-march-11681301735074.html
A Reuters poll of 39 economists had forecast an annual inflation rate of 5.80% in March.
Read here: https://www.livemint.com/news/india/indias-retail-inflation-eases-to-5-66-in-march-11681301735074.html
Tata Consultancy Services (#TCS) missed street's estimates for the fourth quarter of FY23.
The IT giant garnered a consolidated PAT of ₹11,392 crore in Q4FY23, registering a growth of 14.8% YoY.
Read here: https://www.livemint.com/companies/news/tcs-q4-result-2023-live-share-price-expectations-dividend-net-profit-revenue-quarterly-result-11681283218218.html
The IT giant garnered a consolidated PAT of ₹11,392 crore in Q4FY23, registering a growth of 14.8% YoY.
Read here: https://www.livemint.com/companies/news/tcs-q4-result-2023-live-share-price-expectations-dividend-net-profit-revenue-quarterly-result-11681283218218.html