The index of industrial production (#IIP) in India rose 4.2% on an annual basis in the month of April from 1.1% in March and 6.7% in April 2022.

India's industrial production growth slipped to a five-month low of 1.1% in March. The previous lowest level of growth was recorded in October 2022 at a contraction of 4.1%

Read here: https://www.livemint.com/news/india/indias-industrial-production-up-4-2-in-april-from-1-1-in-march-11686571803962.html

Sebi's directions come after the regulator found that #SubhashChandra and #PunitGoenka siphoned off funds for their own benefits from their listed entity #ZEEL.

Read here: https://www.livemint.com/companies/news/sebi-bans-subhash-chandra-punit-goenka-from-holding-directorial-key-managerial-roles-over-siphoning-of-funds-at-zee-11686584079121.html

#MintCharts | Data compiled by Surfshark suggests that #India has been one of the biggest victims of data breaches since 2020.

Earlier in the day, reports suggested that #CoWIN platform had been compromised. However, the Centre has denied the claims and said the platform was safe.

Indian stocks broke two days losing streak on Monday as two out of three benchmark indices ended higher following positive global market cues ahead of key #inflation data.

https://www.livemint.com/market/stock-market-news/buy-or-sell-vaishali-parekh-recommends-three-stocks-to-buy-today-13th-june-11686617774887.html

Following strong global cues ahead of key inflation data, Indian #stockmarket witnessed some buying interest and two out of three key benchmark indices finished in green territory on Monday.

https://www.livemint.com/market/stock-market-news/day-trading-guide-for-stock-market-today-buy-or-sell-dividend-stocks-to-f-o-ban-list-key-details-here-11686621135162.html

Sebi barred #Zee Entertainment Enterprises Ltd promoters #SubhashChandra & son #PunitGoenka from holding key roles, including board positions and top executive positions, in any publicly traded company.

https://www.livemint.com/companies/news/sebi-bars-chandra-son-punit-from-holding-key-posts-11686596050954.html

#PersonalFinance | Any individual can draft a #will that outlines how they would like their assets to be distributed after their deaths.

Having a will can simplify the inheritance process for family members of the deceased and spares them from lengthy and costlier legal procedures.

Read here: https://livemint.com/money/personal-finance/importance-of-a-will-in-financial-planning-guidelines-for-drafting-a-will-mint-interview-with-rishabh-shroff-11686591315651.html

#Opinion | India’s drug regulators—whose authority is divided between the federal & state governments—need to work harder to raise their standards to those prevailing in the Western world.

Read here: https://www.livemint.com/opinion/columns/india-ought-to-work-far-harder-at-being-the-world-s-pharmacy-11686592081507.html

The cost of a 24-hour advance purchase #airfare for a non-stop flight from #Delhi to #Mumbai, which is currently priced at approximately ₹14,000, is considered one of the highest domestic fares globally.

https://www.livemint.com/news/india/delhimumbai-airfares-soar-to-14-000-ranking-among-the-worlds-highest-11686623885212.html

‘Outright lie’ by #JackDorsey: Rajeev Chandrashekhar reacts to claim of India threatening to shut down #Twitter.

Here is his full statement

https://www.livemint.com/news/india/outright-lie-by-jack-dorsey-rajeev-chandrashekhar-reacts-to-claim-of-india-threatening-to-shut-down-twitter-11686626460027.html

#China's central bank lowered a short-term lending rate for the first time in 10 months, in a bid to restore market confidence and prop up a stalling post-pandemic recovery in the world's second-largest economy.

https://www.livemint.com/news/world/china-cuts-short-term-borrowing-costs-as-economy-slows-peoples-bank-of-china-11686628010606.html

#Sebi has banned Subhash Chandra, chairman of Essel Group & Punit Goenka, the CEO of #Zee Entertainment Enterprises (ZEEL) from holding a director or Key Managerial Personnel in any listed company or its subsidiaries until further orders.

Sebi's directions come after the regulator found that Subhash Chandra & Punit Goenka siphoned off funds for their own benefits from their listed entity ZEEL.

Read here: https://www.livemint.com/companies/news/sebi-bans-subhash-chandra-punit-goenka-from-holding-directorial-key-managerial-roles-over-siphoning-of-funds-at-zee-11686584079121.html

#PersonalFinance | The loan eligibility of an individual is determined by his repayment capacity, which in turn is determined by the disposable income available for spending after all necessary expenses.

Got a question? #AskMint

https://www.livemint.com/money/personal-finance/understanding-foir-how-your-disposable-income-affects-your-loan-eligibility-despite-having-a-high-credit-score-11686591409256.html

The Centre may bring in a new law to allow private coal mining companies to choose between Coal Mines Provident Fund Organisation (CMPFO) and the #EPFO for their employees.

https://www.livemint.com/news/india/new-delhi-mulls-law-to-allow-private-coal-miners-to-choose-between-cmpfo-and-epfo-for-employees-easing-burden-on-cmpfo-11686592608633.html

#PersonalFinance | India is on the cusp of a multi-decade growth in some consumer discretionary categories, making it very exciting and interesting for those who believe in bottom-up stock selection.

https://www.livemint.com/money/personal-finance/how-discretionary-spending-boom-aids-consumer-stocks-11686591347074.html

Average flat sizes in #Mumbai Metro Region have witnessed a decline of 20% in the first quarter of the current fiscal year.

https://www.livemint.com/news/india/flat-sizes-shrink-in-mumbai-region-by-20-in-q1-fy2024-says-report-11686622681031.html

#Gold rate today edged higher amid speculations of rate-pause decision coming out of the US Fed meeting scheduled from 13th June to 14th June 2023.

https://www.livemint.com/market/commodities/gold-rates-today-edge-higher-on-rate-pause-bets-from-us-fed-meeting-11686630080208.html

The Indian #rupee opened flat at 82.43 against the US dollar as softer greenback and strong domestic macroeconomic data supported the local unit, while a rise in #crudeoil prices kept a check.

https://www.livemint.com/market/stock-market-news/rupee-opens-flat-at-82-43-against-the-us-dollar-11686627108055.html

#MRF became the first Indian stock to touch one lakh per share mark today.

The stock opened at ₹99,500 on #BSE against the previous close of ₹98,939.70 and touched an all-time high of ₹1,00,300 in morning trade.

Read here: https://www.livemint.com/market/stock-market-news/mrf-becomes-the-first-indian-stock-to-touch-1-lakh-per-share-mark-11686628707255.html

#PersonalFinance | Building a portfolio is a complex exercise, & it has to be maintained too. One must keep in mind the volatility risk of the asset class, liquidity, lock-in rules & taxation.

Here's a look at how four commonly used asset types - equity, cash, gold & fixed income - have done in different periods.

#SilvioBerlusconi, who made his fortune in real estate and television before plunging into politics, was a central – albeit controversial – figure in #Italy's political arena for three decades.

https://www.livemint.com/opinion/online-views/mint-explainer-what-is-silvio-berlusconi-s-legacy-11686650486070.html