About 85% of North American LPs expect their VC portfolios to see a down round, while among European LPs, 72% expect a reduction in valuation of firms in their investment portfolios.

https://www.livemint.com/companies/news/lps-in-asia-pac-more-bullish-than-counterparts-in-us-eu-11686770036978.html

#Opinion | India’s official statistical apparatus traces its origin to the colonial era, a time when the principal focus of the administrative system was maintaining law and order, and ensuring revenue collection.

https://www.livemint.com/opinion/columns/revolutionizing-official-statistics-the-untapped-potential-of-administrative-records-and-regulatory-filings-in-india-11686764643435.html

#Opinion | The SEC's regulation of cryptocurrencies as securities could lead to blockchain leadership passing over to regulated banks, providing financial stability.

https://www.livemint.com/opinion/columns/altcoindelete-wall-street-welcomes-a-crypto-crackdown-11686765317981.html

#RBI chief #ShaktikantaDas was honoured with the title of ‘Governor of the Year’ for 2023 by Central Banking in London.

The award recognised his role as the RBI chief in managing inflation and skilfully handling India's banking system during crises like COVID pandemic and global turmoils.

Read here: https://www.livemint.com/news/india/rbi-chief-shaktikanta-das-honoured-with-governor-of-the-year-award-at-central-banking-awards-2023london-11686723134489.html

#India is considering rule changes to bolster insurance penetration in the country as more companies, including foreigners, line up to enter the segment.

https://www.livemint.com/news/india/india-contemplates-regulatory-revisions-to-stimulate-731-billion-insurance-sector-11686805973331.html

We collated a list of 10 stocks from mid and smallcap space that could give healthy returns in the next one-year timeframe.

https://www.livemint.com/market/stock-market-news/midcaps-smallcaps-at-record-high-10-stocks-that-can-give-you-healthy-returns-in-one-two-year-11686807158018.html

As per the mutual funds data compiled by PRIME Database, Asset Management Companies (AMCs) have trimmed stake in six out of 10 #AdaniGroup shares in May 2023.

https://www.livemint.com/market/stock-market-news/adani-power-to-adani-enterprises-mutual-funds-sold-these-adani-shares-in-may-2023-11686812184241.html

#MintExplainer | Jerome Powell and his team may have paused the federal funds rate after 10 straight hikes, but that doesn’t mean the Fed is done raising rates.

https://www.livemint.com/opinion/online-views/mint-explainer-why-the-us-federal-reserve-didn-t-raise-rates-11686812540278.html

#MintCharts | The record was set by speedcubing legend Max Park of the US.

The problem with the division is not the principle—that polluters should pay—but that it is stuck in the past.

https://www.livemint.com/money/what-would-the-perfect-climate-change-lender-look-like-11686821574983.html

Here are the quick, healthy dinners nutrition researchers make for themselves. All can be thrown together in 10 minutes or less, they said.

https://www.livemint.com/weekend/a-quick-healthy-meal-does-exist-11686826540255.html

#NikhilKamath, co-founder of #Zerodha, known for starting his career as a teenager, has revealed that he hated going to school as it taught him to only be scared of things and become a conformist.



Read here: https://www.livemint.com/news/india/school-taught-me-to-be-a-conformist-zerodhas-nikhil-kamath-reveals-why-he-quit-education-11686831487329.html

A higher equity stake will likely make #SIA more committed to improving the service standards of #AirIndia through better training and processes.

https://www.livemint.com/companies/news/sia-may-raise-stake-in-air-india-to-40-11686849328252.html

#Russia maintained its position as the leading supplier of crude oil to #India in April, with imports from conventional West Asian sources witnessing a decline.

https://www.livemint.com/news/india/russia-emerges-as-top-crude-oil-supplier-to-india-in-april-with-imports-valued-at-3-97-billion-11686849318774.html

PM #NarendraModi will lead a yoga session at the #UNHeadquarters on June 21 for #InternationalDayOfYoga, which he proposed to establish as an annual celebration in 2014.

The session is expected to draw attendees including top UN officials, ambassadors, envoys, and delegates from member states.

Read here: https://livemint.com/news/prime-minister-modi-to-lead-yoga-session-at-un-headquarters-on-international-day-of-yoga-on-june-21-11686884641693.html

According to the report, the top three destinations for high-net-worth individuals migration in 2023 are predicted to be #Australia, the #UAE, #Singapore and the #UnitedStates.

https://www.livemint.com/news/world/wealthy-indians-are-leaving-the-country-3-key-reasons-why-11686817069668.html

The #Kerala milk cooperative has called #Karnataka's #Nandini an 'unethical practice'.

https://www.livemint.com/politics/news/kerala-milma-vs-karnatkas-nandini-takes-centre-stage-after-nandini-vs-amul-heres-why-11686908256922.html

The ramifications of the tech sector #layoffs extend to remittance flows, considering that 36% of #India's remittances can be attributed to highly skilled migrants primarily in three high-income destinations: the #US, #UK and #Singapore.

Read here: https://www.livemint.com/economy/remittances-to-india-fall-in-2023-on-us-tech-layoffs-11686937043396.html

The share of 10-15 tonne trucks that run on CNG has fallen sharply from a peak of 38% at the end of fiscal year 2022, to just 4% in the first two months of the ongoing fiscal, industry data sourced by Mint showed.

https://www.livemint.com/companies/news/cng-truck-sales-see-drastic-fall-as-buyers-favour-diesel-11686940472407.html

The huge success of #Hindi dubs of #Telugu, #Tamil and #Kannada movies across northern India has prompted the #Malayalam film industry, too, to gradually foray into the Hindi belt.

https://www.livemint.com/industry/media/in-spotlight-malayalam-films-seek-pan-india-fame-11686937039503.html

#DanielEllsberg, the famed whistleblower who leaked the #PentagonPapers exposing the #US government's doubts and deceit about the #VietnamWar, has died at the age of 92.

Read here: https://www.livemint.com/news/world/vietnamera-whistleblower-daniel-ellsberg-who-leaked-pentagon-papers-dies-at-92-11686976578971.html