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

#Hyderabad has become the frontrunner in adding new office space even as commercial real-estate markets across #India remain depressed.

https://www.livemint.com/opinion/online-views/mint-explainer-will-ghost-offices-soon-haunt-hyderabad-11686652994715.html

#US national security adviser #JakeSullivan arrived in #NewDelhi on Tuesday as #India and the US look to secure a landmark defence deal ahead of Prime Minister #NarendraModi’s visit to #America, starting 21 June.



Read here: https://www.livemint.com/news/world/us-nsa-jake-sullivan-arrives-in-delhi-jet-engine-deal-likely-on-agenda-11686652753781.html

The high net-worth individual population is projected to experience a remarkable 80% increase by 2031, positioning #India as one of the world's fastest-growing wealth markets during this period.

Read here: https://www.livemint.com/news/india/henley-report-2023-6-500-hnis-to-leave-india-uk-russia-to-attract-millionaires-wealth-to-grow-by-80-by-2031-11686653453424.html

#Accenture is planning to hire, and buy more companies working in the #AI space and train more employees with the latest technologies.

Read here: https://www.livemint.com/companies/news/accentures-ai-practice-to-have-80-000-employees-11686661260461.html

As #China builds its diplomatic role in the #MiddleEast, its companies are also now racing to expand in a region that is more open to #US competitors than it has been in years.


https://www.livemint.com/specials/chinese-businesses-look-to-new-frontiers-in-middle-east-11686666384438.html

While it's a good practice to file income tax returns early, experts have a warning for the early birds: your annual income statement could be outdated.

https://www.livemint.com/money/personal-finance/why-you-should-avoid-filing-tax-returns-before-15-june-11686674063937.html

#DonaldTrump headed to the Miami courthouse Tuesday where he will face federal charges of mishandling #US government secrets — the latest and most serious in a string of probes threatening his bid to win back the #WhiteHouse.

https://www.livemint.com/news/world/trump-to-surrender-to-face-charges-in-secret-documents-case-11686678278722.html

There is no improvement in biases against women in a decade, with almost nine out of 10 men and women worldwide still holding such biases today, said the latest Gender Social Norms Index (GSNI) report.

https://www.livemint.com/news/world/no-improvement-in-biases-against-women-in-a-decade-un-report-11686693840290.html