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
https://www.livemint.com/market/stock-market-news/adani-power-to-adani-enterprises-mutual-funds-sold-these-adani-shares-in-may-2023-11686812184241.html
mint
Adani Power to Adani Enterprises: Mutual funds sold these Adani shares in May 2023
Mutual funds have trimmed stake in six out of 10 Adani group shares in May 2023, according to data compiled by PRIME Database
#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
https://www.livemint.com/opinion/online-views/mint-explainer-why-the-us-federal-reserve-didn-t-raise-rates-11686812540278.html
mint
Mint Explainer: Why the US Federal Reserve didn’t raise rates
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
#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
https://www.livemint.com/money/what-would-the-perfect-climate-change-lender-look-like-11686821574983.html
mint
What would the perfect climate-change lender look like?
Welcome to a second Bretton Woods
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
https://www.livemint.com/weekend/a-quick-healthy-meal-does-exist-11686826540255.html
mint
A Quick, Healthy Meal Does Exist
Lean into canned foods, embrace frozen veggies and make breakfast for dinner
#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
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
https://www.livemint.com/companies/news/sia-may-raise-stake-in-air-india-to-40-11686849328252.html
mint
SIA may raise stake in Air India to 40%
SIA and the Tata group have had initial talks regarding the potential increase in stake in response to a request from the Singapore-based airline
#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
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
mint
Russia remains top oil source for India in Apr
Imports from Russia during the month was a fourfold rise from year ago
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
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
https://www.livemint.com/news/world/wealthy-indians-are-leaving-the-country-3-key-reasons-why-11686817069668.html
mint
Wealthy Indians are leaving the country: 3 key reasons why
6,500 HNWIs are likely to leave India in 2023, making it the second-highest country in terms of HNWI outflow after China. Top destinations for migration are Australia, UAE, Singapore and the US.
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
https://www.livemint.com/politics/news/kerala-milma-vs-karnatkas-nandini-takes-centre-stage-after-nandini-vs-amul-heres-why-11686908256922.html
mint
The Milk Debate: After Nandini vs Amul, now Kerala's Milma takes centre stage. Here's why
Kerala minister J Chinchu Rani has said that Karnataka's Nandini is of poor quality. The statement comes after Nandini opened parlours in Mamallapuram, Kochi in 2023. Reports have stated that Nandini plans to expand its outlets into other states as well.
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
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
https://www.livemint.com/companies/news/cng-truck-sales-see-drastic-fall-as-buyers-favour-diesel-11686940472407.html
mint
CNG truck sales see drastic fall as buyers favour diesel
The share of 10-15 tonne trucks running on compressed natural gas (CNG) in India has fallen from 38% to just 4% in the first two months of the 2022 fiscal year, according to industry data
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
https://www.livemint.com/industry/media/in-spotlight-malayalam-films-seek-pan-india-fame-11686937039503.html
mint
In spotlight: Malayalam films seek pan-India fame
In recent weeks, two films starring Tovino Thomas—2018 and Ajayante Randam Moshanam (ARM)—released the Hindi dubs, while Marakkar: Arabikadalinte Simham, featuring Mohanlal, also tested the waters
#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
Read here: https://www.livemint.com/news/world/vietnamera-whistleblower-daniel-ellsberg-who-leaked-pentagon-papers-dies-at-92-11686976578971.html
#WallStreet has been salivating over imagined riches in #China for a long time. Now it finally has its chance—but things aren't exactly going to plan.
https://www.livemint.com/market/wall-street-s-china-dream-gets-frustratedagain-11686976775558.html
https://www.livemint.com/market/wall-street-s-china-dream-gets-frustratedagain-11686976775558.html
mint
Wall Street’s China Dream Gets Frustrated—Again
China showing rather less promise than expected recently
As per the data received from RTI, between April 2015-December 2016, Currency Note Press in #Nashik had printed 375.450 million pieces of the newly designed ₹500 notes, however, #RBI has a record of only 345.000 million pieces.
https://www.livemint.com/news/india/rs-500-notes-worth-rs-88-032-5-crore-missing-from-indian-economy-report-11686986592766.html
https://www.livemint.com/news/india/rs-500-notes-worth-rs-88-032-5-crore-missing-from-indian-economy-report-11686986592766.html
mint
₹500 notes worth ₹88,032.5 crore missing from Indian economy: Report
Activist has claimed that 1,760.65 million ₹500 notes, worth ₹88,032.5 crore have gone missing from the Indian economy.
US Secretary of State #AntonyBlinken has arrived in Beijing on a high-stakes diplomatic mission to try to cool exploding US-China tensions that have set many around the world on edge.
https://www.livemint.com/news/world/antony-blinken-arrives-in-beijing-becomes-1st-us-state-secretary-to-visit-in-5-years-11687051044571.html
https://www.livemint.com/news/world/antony-blinken-arrives-in-beijing-becomes-1st-us-state-secretary-to-visit-in-5-years-11687051044571.html
mint
Antony Blinken arrives in Beijing; becomes 1st US State Secretary to visit in 5 years
Antony Blinken is on a two-day visit to China to stabilize the relationship between the two countries amid rising tensions. During his visit, Blinken is expected to hold high-stakes meetings with Chinese officials, including Foreign Minister Qin Gang and…
"Beginning in early June 2023, #Microsoft identified surges in traffic against some services that temporarily impacted availability'" the company said in a blog post.
https://www.livemint.com/companies/news/microsoft-says-early-june-service-outages-were-cyberattacks-11687050263379.html
https://www.livemint.com/companies/news/microsoft-says-early-june-service-outages-were-cyberattacks-11687050263379.html
mint
Microsoft says early June service outages were cyberattacks
Microsoft confirms cyberattacks caused recent outages but says no evidence of customer data being accessed or compromised.
US President #JoeBiden, who has been in the news over some of the biggest gaffes during his public appearances, again left the audience puzzled when he signed off his speech with “God save the Queen, man".
https://www.livemint.com/news/world/joe-biden-mocked-for-ending-gun-control-speech-with-god-save-the-queen-man-11687001359285.html
https://www.livemint.com/news/world/joe-biden-mocked-for-ending-gun-control-speech-with-god-save-the-queen-man-11687001359285.html
mint
Joe Biden mocked for ending gun control speech with ‘God save the Queen, man’
US President Joe Biden ended his speech at the University of Hartford with ‘God save the Queen, man’, leaving the audience puzzled since Queen Elizabeth died in September 2022
Finance Minister Nirmala Sitharaman has asked senior officials to further strengthen the #GST registration process using technology as part of efforts to check fake GST registrations.
https://www.livemint.com/news/india/use-technology-to-strengthen-gst-registration-fm-to-officials-11687002997873.html
https://www.livemint.com/news/india/use-technology-to-strengthen-gst-registration-fm-to-officials-11687002997873.html
mint
Use technology to strengthen GST registration: FM to officials
The finance minister called for a nation-wide campaign to explain the objectives of the special drive to weed out fake entities