Bank fixed deposits (#FDs) continue to be popular investment products not just among senior citizens, who are looking for guaranteed income, but also among investors who can't stomach risk.

Here is a list of banks that offer the highest #FDrates for deposits up to Rs 1 crore over various tenures.

#Reddit, social news aggregation and content rating company, is laying off 5% of its workforce & slowing hiring as part of company's restructuring efforts.

The move aims to address priorities, including funding projects and achieving its goal of breaking even next year, the report said. #Layoffs2023

Read here: https://www.livemint.com/companies/news/reddit-to-lay-off-about-5-of-workforce-report-11686080090201.html

#MintSnapView | While few will mourn the end of the comatose state-owned telco, the government would be foolish to let go of its top technical minds.

https://livemint.com/opinion/online-views/as-mtnl-dies-its-expertise-must-live-on-11686122364053.html

US President #JoeBiden's top official for the Indo-Pacific region hoped that #PMModi's visit this month "consecrates" the relationship with India as the most important for the United States in the world.

https://www.livemint.com/news/world/ahead-of-pm-modis-us-visit-biden-admin-hails-india-us-nsa-to-visit-delhi-next-week-11686108277634.html

#Tesla has reportedly shown interest in the proposal put forth by the Indian government to not only assemble its cars domestically but also establish a vendor base in the country.

Read here: https://www.livemint.com/companies/news/elon-musk-s-tesla-to-set-up-vendor-base-in-india-initially-focus-on-domestic-vehicle-assembly-report-11686102899329.html

The race for #IndiGo’s wide-body aircraft order has narrowed to two finalists, the #Boeing B787 Dreamliner and the #Airbus A330.

https://www.livemint.com/companies/dreamliner-airbus-a330-compete-for-indigo-order-11686162192248.html

Attrition among women has been higher than male colleagues and called it ‘unusual’, noted #TCS's chief human resources officer Milind Lakkad. TCS is clear that work from office for newcomers and junior management leads to more collaboration.



Read here: https://www.livemint.com/companies/news/back-to-office-takes-toll-on-womentcs-11686162407060.html

The MPC retained the repo rate at 6.5% once again at its second bimonthly meeting took place over a three-day period beginning on Tuesday, June 6, and ending today.

The first bimonthly policy meeting for the new fiscal year 2023–24, which was held on April 6 also had the same outcome as India sees its #inflation dropping.

Read here: https://www.livemint.com/market/stock-market-news/rbi-monetary-policy-repo-rate-remains-unchanged-at-65-11686194680961.html

OECD said that despite an impressive growth and development record, daunting challenges remain for #India.

Read here: https://www.livemint.com/news/india/oecd-forecasts-india-s-economic-growth-to-moderate-to-6-in-fy24-due-to-weak-global-demand-and-high-interest-rates-11686159539645.html

The five-door #Jimny holds significant export potential for #MarutiSuzuki, as it aims to sell 60,000 units in international markets in FY24, double the 30,000- 40,000 unit sales target it has set for the domestic market.

https://www.livemint.com/news/india/maruti-suzuki-launches-flagship-jimny-off-roader-to-compete-with-mahindra-thar-aims-to-double-segment-volumes-11686159173643.html

Senior living complexes are typically located on the outskirts of cities, offering a serene and peaceful environment, and at a relatively affordable rate compared to properties within city limits.

Read here: https://www.livemint.com/money/personal-finance/retirement-communities-a-serene-and-active-lifestyle-for-seniors-11686158825922.html

The government's violent repression of widespread public protests is now in its sixth month. And this week it conducted naval exercises with #China and #Russia off its southern coast.

https://www.livemint.com/politics/iran-wants-a-detente-with-its-neighbours-but-not-with-america-11686210775895.html

Asian markets traded higher on Friday following overnight gains in US #stocks with the S&P 500 entering into a bull market.

Japan’s equity market snapped a two-day fall while Australian shares also turned positive after a three days’ fall.

https://www.livemint.com/market/stock-market-news/global-market-sgx-nifty-to-wall-streets-new-bull-market-key-triggers-for-the-indian-stock-market-11686274173104.html

Dragged down by weak global cues, Indian #stockmarket snapped four days winning streak and finished lower on Thursday.

https://www.livemint.com/market/stock-market-news/buy-or-sell-vaishali-parekh-recommends-three-stocks-to-buy-today-9th-june-11686272227774.html

#StocksToWatch | Here are the top 10 stocks that could be in focus in today's trade

https://www.livemint.com/market/stock-market-news/stocks-to-watch-kotak-hdfc-bank-tata-power-delhivery-iifl-finance-11686270679797.html

#Instagram, the popular social-media site owned by #Meta Platforms, helps connect and promote a vast network of accounts openly devoted to the commission and purchase of underage-sex content.

https://www.livemint.com/companies/news/instagram-links-vast-pedophile-network-11686247158937.html

#PersonalFinance | Online bond platforms (#OBPs) such as Golden Pi, Jiraaf or Wint Wealth have gained significant traction in India, providing individuals with a convenient and accessible means to invest in bonds.

The new rules allow OBPs to offer only listed bonds, mandating them to get a stockbrokers licence if they wish to facilitate debt investments.

Read here: https://www.livemint.com/money/personal-finance/regulation-of-online-bond-platforms-in-india-uncertainties-and-risks-of-unlisted-bonds-11686244655569.html

#Hiring activity in May declined by 7% YoY, according to Foundit Insights Tracker, due to economic slowdown and cost-cutting.

Only three sectors saw an increase in demand, with HR & Admin roles witnessing an 8% growth.

Read here: https://www.livemint.com/economy/hiring-activity-sees-slowdown-in-may-as-recruitment-falls-7-yoy-tier-2-cities-show-resilience-report-11686281728019.html

#Gold rate today edged higher in early morning deals amid market buzz of US Fed interest rate-pause.

https://www.livemint.com/market/commodities/gold-silver-rate-edge-higher-on-us-feds-rate-pause-buzz-should-you-buy-now-11686283948522.html

IBBI has also proposed to give more flexibility to creditors to come up with their claims after a company is admitted into bankruptcy proceedings.

https://www.livemint.com/companies/ibbi-seeks-changes-to-empower-investors-11686244602239.html

#Opinion | Innovation in policy and education is necessary to regulate a world clouded by uncertainty amid fast-evolving technology.

https://www.livemint.com/opinion/columns/governance-must-keep-pace-with-an-increasingly-unknown-future-11686247330616.html