#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
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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
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‘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
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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
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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
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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
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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
#MintSnapView | Modi’s visit to the US enhances #India’s geopolitical salience & improves global – not just American – business confidence in the Indian economy.
The specific deals that have been signed or promised reflect this reality.
Read here: https://www.livemint.com/opinion/online-views/modis-us-visit-underlines-india-s-growing-geopolitical-heft-11687766462905.html
The specific deals that have been signed or promised reflect this reality.
Read here: https://www.livemint.com/opinion/online-views/modis-us-visit-underlines-india-s-growing-geopolitical-heft-11687766462905.html
The central government approved ₹56,415 crore in interest-free and long-term capital expenditure loans to 16 states for fiscal 2023-24 so far, the ministry of finance said in a statement.
https://www.livemint.com/economy/government-approves-rs-56-415-crore-interest-free-loans-to-16-states-for-capital-expenditure-in-202324-11687780129564.html
https://www.livemint.com/economy/government-approves-rs-56-415-crore-interest-free-loans-to-16-states-for-capital-expenditure-in-202324-11687780129564.html
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Centre approves ₹56,415 crore as interest-free, long-term capex loans to 16 states so far in FY24
The scheme for financial assistance to states for capital investment/expenditure, introduced by the Centre in 2020-21 amid the coronavirus pandemic, has played a vital role in stimulating capital spending by the states.
The Wall Street closed lower on Monday, as investors were wary of betting on riskier assets before seeing the outcome of #Russia's aborted weekend mutiny.
https://www.livemint.com/market/stock-market-news/global-markets-update-wall-street-slip-crude-gains-on-russia-tensions-rate-hike-worries-11687815250883.html
https://www.livemint.com/market/stock-market-news/global-markets-update-wall-street-slip-crude-gains-on-russia-tensions-rate-hike-worries-11687815250883.html
mint
Global markets update: Wall Street slip, crude gains on Russia tensions, rate hike worries
The Dow Jones fell 12.72 points, or 0.04%, to 33,714.71, the S&P 500 lost 19.51 points, or 0.45%, to 4,328.82 and the Nasdaq dropped 156.74 points, or 1.16%, to 13,335.78
Private equity investors Blackstone Inc., BPEA EQT, CVC Capital Partners, & General Atlantic Service Co. Lp are competing to acquire Mumbai-based Indira IVF Hospital Pvt. Ltd amid rising demand for infertility treatments.
https://www.livemint.com/companies/blackstone-general-atlantic-2-other-pes-vie-for-indira-ivf-11687799697325.html
https://www.livemint.com/companies/blackstone-general-atlantic-2-other-pes-vie-for-indira-ivf-11687799697325.html
mint
Blackstone, General Atlantic, 2 other PEs vie for Indira IVF
The PE investors are seeking majority control of the in-vitro fertilization (IVF) treatment chain, which is seeking a valuation of over $1 billion
TCS has named a new head to oversee the hiring of temporary workers amid an internal probe into the bribes-for-jobs scandal that has led to the sacking of at least 15 executives & the blacklisting of eight staffing firms.
https://www.livemint.com/companies/tcs-names-new-head-of-hiring-amid-probe-11687799384687.html
https://www.livemint.com/companies/tcs-names-new-head-of-hiring-amid-probe-11687799384687.html
mint
TCS names new head of hiring amid probe
Bribery investigation leads to 15 sackings and ban on 8 firms
BCCI is scrambling to find a new jersey sponsor and title partner after the exit of #Byju’s & #Mastercard Inc., even as costly advertising, new regulations, and a funding winter combine to depress sentiment.
https://www.livemint.com/companies/news/cloud-over-bcci-earnings-as-search-for-sponsors-continues-11687801320053.html
https://www.livemint.com/companies/news/cloud-over-bcci-earnings-as-search-for-sponsors-continues-11687801320053.html
mint
Cloud over BCCI earnings as search for sponsors continues
On 15 June, BCCI invited applications for the Indian team’s jersey rights, setting the base price at a 40% discount from last winning bid