After a pause on hikes by the #RBI & the US #Fed, market participants became optimistic that the era of aggressive rate hikes was over & the coming months will see a reduction in interest rates.
https://www.livemint.com/market/stock-market-news/rate-hike-era-may-not-end-soon-should-you-be-cautious-11687583355136.html
https://www.livemint.com/market/stock-market-news/rate-hike-era-may-not-end-soon-should-you-be-cautious-11687583355136.html
mint
Rate hike era may not end soon; should you be cautious?
Many central banks raised interest rates in June. The US Federal Reserve and Reserve Bank of India paused hikes, but both have warned that inflation remains above their targets and a pause in rate hikes does not signify the end of the tightening phase.
Consumer confidence among urban Indians weakened in June, declining 2.6 percentage points sequentially, according to the Refinitiv-Ipsos India Primary Consumer Sentiment Index.
https://www.livemint.com/economy/consumer-confidence-among-urban-indians-weakened-in-june-refinitiv-ipsos-india-primary-consumer-sentiment-index-11687593385773.html
https://www.livemint.com/economy/consumer-confidence-among-urban-indians-weakened-in-june-refinitiv-ipsos-india-primary-consumer-sentiment-index-11687593385773.html
mint
Consumer confidence weakens in June: Ipsos
Demand for jobs continues to far outstrip supply and most companies are going slow with recruitment due to the global slowdown, because of a prolonged war and high inflation levels. Unfortunately, the Indian economy is not insulated and has been impacted.
Prime Minister Narendra Modi has been conferred with 'Order of the Nile' award in Cairo by Egyptian President Abdel Fattah al-Sisi. ‘Order of the Nile’ is #Egypt's highest state honour. #PMModiEgyptVisit
Read here: https://www.livemint.com/news/pm-modi-awarded-order-of-the-nile-egypts-highest-state-honour-top-points-11687686086135.html
Read here: https://www.livemint.com/news/pm-modi-awarded-order-of-the-nile-egypts-highest-state-honour-top-points-11687686086135.html
On account of global markets extending their declines for the week and edging towards their worst week since March, Indian #stockmarket ended lower on second day in a row.
https://www.livemint.com/market/stock-market-news/day-trading-guide-from-buy-or-sell-to-dividend-stocks-to-watch-today-june-26-11687743907604.html
https://www.livemint.com/market/stock-market-news/day-trading-guide-from-buy-or-sell-to-dividend-stocks-to-watch-today-june-26-11687743907604.html
mint
Day trading guide: From buy or sell to dividend stocks to watch today — June 26
Day trading stocks: Market experts have recommended six stocks to buy today — Marico, United Spirits, NTPC, BEL, Aditya Birla Capital and Whirlpool
US Secretary of State Antony Blinken questioned the leadership power of Russian President Vladimir Putin after the unprecedented challenge by #WagnerGroup fighters.
https://www.livemint.com/news/world/wagner-mutiny-stirs-questions-on-russian-president-putins-power-11687742466527.html
https://www.livemint.com/news/world/wagner-mutiny-stirs-questions-on-russian-president-putins-power-11687742466527.html
mint
Wagner mutiny stirs questions on Russian President Putin's power
US Secretary of State Antony Blinken questions Russian President Vladimir Putin's leadership power after the challenge by Wagner Group fighters, stating that the turmoil in Russia has weakened Putin.
#MintCharts | The warning bells about #India’s fast-growing #diabetes crisis have been sounded off for some time now.
A recent health ministry-funded study by the Indian Council of Medical Research has confirmed the worst. Over 100 million Indians are now estimated to be living with diabetes, constituting 11.4% of the population, & 136 million (15.3%) are prediabetic.
A recent health ministry-funded study by the Indian Council of Medical Research has confirmed the worst. Over 100 million Indians are now estimated to be living with diabetes, constituting 11.4% of the population, & 136 million (15.3%) are prediabetic.
#PersonalFinance | Car loans 🚗 are usually of 3 to 5 years, but some lenders may offer loans for up to 7 years too.
A loan for longer may mean smaller equated monthly instalments (#EMIs), which makes the car seen more affordable, but overall, you pay more as interest.
A loan for longer may mean smaller equated monthly instalments (#EMIs), which makes the car seen more affordable, but overall, you pay more as interest.
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Prime Minister Narendra Modi returned to Delhi after concluding his visit to #US and #Egypt during which several landmark agreements were signed.
https://www.livemint.com/news/india/pm-modi-returns-to-india-after-his-landmark-visit-to-us-egypt-11687722580068.html
https://www.livemint.com/news/india/pm-modi-returns-to-india-after-his-landmark-visit-to-us-egypt-11687722580068.html
mint
PM Modi returns to India after his landmark visit to US, Egypt
PM Modi returned to India after his after his visit to US and Egypt. He was welcomed by BJP president JP Nadda and party MPs at Delhi airport.
There will be five #bankholidays falling this week. Out of these 4 bank holidays this week, one will be a Sunday while rest four will be state specific.
Here we list out full details in regard to bank holidays falling this week: https://www.livemint.com/industry/banking/bank-holidays-this-week-banks-to-remain-closed-for-five-days-full-list-here-11687747615241.html
Here we list out full details in regard to bank holidays falling this week: https://www.livemint.com/industry/banking/bank-holidays-this-week-banks-to-remain-closed-for-five-days-full-list-here-11687747615241.html
#Opinion | A strange nature of #India’s affluent is that even as they worry about their support staff bringing down the aesthetics of their habitats, they do not do much to help them look any better.
(By Manu Joseph)
Read here: https://www.livemint.com/opinion/columns/the-invisible-help-india-s-class-divide-and-the-aesthetics-of-wealth-and-poverty-in-urban-spaces-11687716928989.html
(By Manu Joseph)
Read here: https://www.livemint.com/opinion/columns/the-invisible-help-india-s-class-divide-and-the-aesthetics-of-wealth-and-poverty-in-urban-spaces-11687716928989.html
The Indian #rupee opened marginally higher against the US dollar following mixed Asian currencies as the turmoil in Russia over the weekend had a little impact on investors’ risk appetite and the dollar index.
https://www.livemint.com/market/stock-market-news/rupee-opens-3-paise-higher-at-82-against-the-us-dollar-11687750059337.html
https://www.livemint.com/market/stock-market-news/rupee-opens-3-paise-higher-at-82-against-the-us-dollar-11687750059337.html
mint
Rupee opens 3 paise higher at 82 against the US dollar
The offshore Chinese yuan will be closely watched by Asian FX following its recent slide. The currency last week slid 1.2%, its worst performance since February.
Indian assets are currently presenting a more promising outlook compared to their Indonesian counterparts, as the battle for supremacy between Asia's top-yielding major markets unfolds.
https://www.livemint.com/economy/indian-rupee-becomes-standout-choice-for-investors-with-asia-focus-11687740207606.html
https://www.livemint.com/economy/indian-rupee-becomes-standout-choice-for-investors-with-asia-focus-11687740207606.html
mint
Indian Rupee becomes standout choice for investors with Asia focus
Indian assets are currently presenting a more promising outlook compared to their Indonesian counterparts, with the Indian rupee offering higher bond yields and relative stability due to central bank interventions.
PM Modi responded to US President #JoeBiden's tweet and said that the friendship between #India and the US is a force for global good which will make the planet better and more sustainable.
https://www.livemint.com/news/india/friendship-between-india-us-can-make-planet-more-sustainable-pm-modis-response-to-bidens-tweet-11687740044512.html
https://www.livemint.com/news/india/friendship-between-india-us-can-make-planet-more-sustainable-pm-modis-response-to-bidens-tweet-11687740044512.html
mint
‘Friendship between India, US can make planet more sustainable’: PM Modi's response to Biden's tweet
Prime Minister Modi responded to President Biden's tweet, agreeing that the friendship between India and the US is a force for global good, and that his recent visit will strengthen their bond even more.
The report claimed that the #EPFO data showed that Think and Learn Pvt Ltd, the parent company of #Byju’s, has not paid the PF money.
https://www.livemint.com/companies/news/tech-startup-byju-s-hasn-t-paid-epf-money-for-employees-months-report-11687764832231.html
https://www.livemint.com/companies/news/tech-startup-byju-s-hasn-t-paid-epf-money-for-employees-months-report-11687764832231.html
mint
Byju’s hasn’t paid EPF money to employees for months: Report
Edtech startup Byju's has not deposited provident fund contributions for most of its employees in FY24, indicating financial trouble, according to reports
#AdaniPower Limited successfully achieved commercial operations of its power plant located in Godda District in Jharkhand, the company said in its stock exchange filing.
https://www.livemint.com/companies/news/adani-power-commissions-thermal-plant-in-jharkhand-stock-up-2-85-percent-bangladesh-11687766437588.html
https://www.livemint.com/companies/news/adani-power-commissions-thermal-plant-in-jharkhand-stock-up-2-85-percent-bangladesh-11687766437588.html
mint
Adani Power commissions second unit of Jharkhand's thermal plant, stock up 2.85%
Adani power successfully commissioned another unit of its Godda thermal power plant in Jharkhand on Sunday
#RBI Governor Shaktikanta Das said that since the decision to withdraw ₹2,000 notes was announced, more than two-thirds of the total ₹2,000 currency notes in circulation have returned to the system.
Read here: https://www.livemint.com/news/more-than-two-thirds-of-rs-2000-notes-returned-within-1-month-of-withdrawal-rbi-11687688597124.html
Read here: https://www.livemint.com/news/more-than-two-thirds-of-rs-2000-notes-returned-within-1-month-of-withdrawal-rbi-11687688597124.html
Edtech unicorn #Byju’s has not deposited the provident fund (PF) money for most of its employees in FY24.
Read here: https://www.livemint.com/companies/news/tech-startup-byju-s-hasn-t-paid-epf-money-for-employees-months-report-11687764832231.html
Read here: https://www.livemint.com/companies/news/tech-startup-byju-s-hasn-t-paid-epf-money-for-employees-months-report-11687764832231.html
Online retailing in the country may cross the levels of organized retail by 2030 as more Indians make their shopping decisions online, a new report said, though traditional retailing will remain dominant.
https://www.livemint.com/news/india/online-retail-in-india-to-surpass-organized-retail-by-2030-deloitte-report-says-11687715205339.html
https://www.livemint.com/news/india/online-retail-in-india-to-surpass-organized-retail-by-2030-deloitte-report-says-11687715205339.html
mint
E-commerce may cross modern retail by 2030: Deloitte
Modern retail, comprising malls and supermarkets, may more than double to $230 billion by 2030, while online retail grows 2.5 times to reach $325 billion
"We continue to be watchful on the inflation front. We expect inflation to be at 5.1%t in #FY24, and we will continue to strive and get it down to 4%," said #RBI Governor Shaktikanta Das.
https://www.livemint.com/economy/rbi-will-strive-to-get-inflation-down-to-4-el-nino-a-challenge-for-food-inflation-shaktikanta-das-11687690311042.html
https://www.livemint.com/economy/rbi-will-strive-to-get-inflation-down-to-4-el-nino-a-challenge-for-food-inflation-shaktikanta-das-11687690311042.html
mint
El Nino a challenge; RBI striving for 4% CPI: Shaktikanta Das
‘Although there is an expectation of a normal monsoon, there are concerns around El Nino. We will have to see how serious it is. Other challenges are primarily weather-related events, which can have an impact on food inflation,’ Das said, adding that we will…
The Securities Appellate Tribunal (SAT) deferred hearing on Essel Group chairman Subhash Chandra and #ZEE MD and CEO Punit Goenka's plea.
https://www.livemint.com/companies/people/sat-defers-hearing-on-subhash-chandra-punit-goenkas-appeal-challenging-sebis-interim-order-till-27-june-11687770138653.html
https://www.livemint.com/companies/people/sat-defers-hearing-on-subhash-chandra-punit-goenkas-appeal-challenging-sebis-interim-order-till-27-june-11687770138653.html
mint
SAT defers hearing on Subhash Chandra, Punit Goenka's appeal challenging Sebi's interim order till 27 June
Securities Appellate Tribunal (SAT) has deferred the hearing of Essel Group chairman Subhash Chandra and ZEE MD & CEO Punit Goenka's plea against SEBI's order barring them from holding positions in listed companies
The Employees Provident Fund Organisation (#EPFO) is likely to extend the deadline by three months for higher EPS pension, The Economic Times has reported citing sources.
https://www.livemint.com/money/personal-finance/epfo-likely-to-extend-deadline-to-apply-for-higher-pension-report-11687768823555.html
https://www.livemint.com/money/personal-finance/epfo-likely-to-extend-deadline-to-apply-for-higher-pension-report-11687768823555.html
mint
EPFO likely to extend deadline to apply for higher pension: Report
The EPFO is expected to extend the deadline for higher EPS pension by three months The deadline ends today and has already been extended twice