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
National Security Advisor #AjitDoval opined that the partition of India could have been avoided if Netaji Subhas Chandra Bose had been around at the time.
https://www.livemint.com/news/india/india-wouldnt-be-partitioned-if-nsa-doval-cites-subhas-chandra-bose-gandhi-11687003890106.html
https://www.livemint.com/news/india/india-wouldnt-be-partitioned-if-nsa-doval-cites-subhas-chandra-bose-gandhi-11687003890106.html
mint
‘India wouldn't be partitioned if…’: NSA Doval cites Subhas Chandra Bose, Gandhi
NSA Ajit Doval said India's partition could have been avoided if Subhas Bose had been there at the time. He lauded Bose's audacity to challenge Gandhi and the British Empire.
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#Opinion | India’s high #GDP growth has got policymakers excited but we must not lose sight of our flagging manufacturing sector that needs a major revival for the sake of prosperity and employment.
Read here: https://www.livemint.com/opinion/columns/indias-manufacturing-sector-faces-worsening-decline-implications-for-growth-employment-and-income-11686851477882.html
Read here: https://www.livemint.com/opinion/columns/indias-manufacturing-sector-faces-worsening-decline-implications-for-growth-employment-and-income-11686851477882.html
India-Russia ties have continued to deepen amid the Ukraine war, with coal and oil imports rising sharply.
https://www.livemint.com/news/india/india-looks-to-buy-extra-coal-from-russia-oil-import-likely-to-rise-further-says-ongc-chief-11687007019914.html
https://www.livemint.com/news/india/india-looks-to-buy-extra-coal-from-russia-oil-import-likely-to-rise-further-says-ongc-chief-11687007019914.html
mint
India looks to buy extra coal from Russia, oil import likely to rise further says ONGC chief
RUSSIA-OIL-INDIA:ONGC chief expects Russian oil to make up 30% of India's imports -Interfax
Generative-#AI startups are rolling in billions of dollars of funding, but they could already be headed for failure if they can’t get the right data—and that won’t be an easy feat.
https://www.livemint.com/companies/start-ups/ai-startups-have-tons-of-cash-but-not-enough-data-that-s-a-problem-11687004278181.html
https://www.livemint.com/companies/start-ups/ai-startups-have-tons-of-cash-but-not-enough-data-that-s-a-problem-11687004278181.html
mint
AI Startups Have Tons of Cash, but Not Enough Data. That’s a Problem.
Big companies aren’t so willing to share proprietary data with startups looking to power their large-language models
Russian President Vladimir Putin has confirmed the deployment of the nuclear weapons in #Belarus, saying it was a reminder to the West “who are thinking about inflicting a strategic defeat" on #Russia.
https://www.livemint.com/news/vladimir-putin-says-nuclear-bombs-in-belarus-are-warning-to-west-threatens-more-deployments-11687005551951.html
https://www.livemint.com/news/vladimir-putin-says-nuclear-bombs-in-belarus-are-warning-to-west-threatens-more-deployments-11687005551951.html
mint
Vladimir Putin says nuclear bombs in Belarus are warning to West, threatens more deployments
Russian President Putin confirms the deployment of nuclear weapons in Belarus as a warning to the West and threatens further deployment by the end of summer.
#Sensex and #Nifty settled on a high note, while the indices closed at fresh lifetime highs on Friday following gains in banking, financial and capital goods stocks amid a firm trend in the global market.
https://www.livemint.com/market/stock-market-news/stock-market-triggers-global-cues-macro-data-among-factors-that-may-drive-sensex-nifty-this-week-11687021164473.html
https://www.livemint.com/market/stock-market-news/stock-market-triggers-global-cues-macro-data-among-factors-that-may-drive-sensex-nifty-this-week-11687021164473.html
mint
Stock market triggers: Global cues, macro data among factors that may drive Sensex, Nifty this week
On Friday, Sensex closed 467 points, or 0.74 per cent, higher at 63,384.58 while the Nifty ended the day with a gain of 138 points, or 0.74 per cent, at 18,826.
#PersonalFinance | When filing #incometax returns, it is crucial to pre-validate the bank account, especially if taxpayers are expecting a tax refund for any excess #tax paid.
https://www.livemint.com/money/personal-finance/itr-filing-2023-list-of-banks-for-tax-payments-available-at-e-pay-tax-service-11686978545832.html
https://www.livemint.com/money/personal-finance/itr-filing-2023-list-of-banks-for-tax-payments-available-at-e-pay-tax-service-11686978545832.html
mint
ITR filing 2023: List of banks for tax payments available at e-pay tax service
ITR filing 2023: Taxpayers should pre-validate their bank accounts when filing income tax returns to receive refunds. E-Pay Tax service is now enabled for DCB Bank, bringing the total to 25 banks available for tax payments
It's been another busy week in the world of #AI, with a number of major stories making headlines.
Here are a few of the highlights
https://www.livemint.com/ai/ai-weekly-roundup-google-s-new-shopping-features-to-accenture-investing-3-billion-in-ai-space-here-s-how-ai-made-head-11687079571062.html
Here are a few of the highlights
https://www.livemint.com/ai/ai-weekly-roundup-google-s-new-shopping-features-to-accenture-investing-3-billion-in-ai-space-here-s-how-ai-made-head-11687079571062.html
mint
AI weekly roundup: Google’s new shopping features to Accenture investing $3 billion in AI space, here’s how AI made head
IT consulting firm Accenture to invest 3 billion dollar in AI over three years, Google unveils Generative AI shopping features, and Meta introduces its human-like AI model and other top news.
#PersonalFinance | Corporate bonds offer an alternative investment option where you can invest in high-quality bonds that potentially provide higher returns than fixed deposits.
Got a question? #AskMint
https://www.livemint.com/money/ask-mint-money/is-there-a-good-investment-option-for-capital-growth-and-safety-11686854566743.html
Got a question? #AskMint
https://www.livemint.com/money/ask-mint-money/is-there-a-good-investment-option-for-capital-growth-and-safety-11686854566743.html
mint
Is there a good investment option for capital growth and safety?
Investor with ?40 lakh savings for 5 years with periodic withdrawals should build a diversified portfolio with exposure to debt & equity asset classes. Corporate bonds and debt mutual funds are recommended for capital preservation, while equity mutual funds…