Cash-trapped #GoFirst on Wednesday has submitted its revival plan to civil aviation regulator Directorate General of Civil Aviation proposing to restart operations at the earliest possible, according to news report.

https://www.livemint.com/companies/news/go-first-submits-revival-plans-to-dgca-resume-operations-with-26-flights-report-11687967999761.html

What effective strategies can help generate a steady income stream during retirement? — Vijay Kuppa writes.

Read here: https://livemint.com/money/personal-finance/retirement-planning-and-portfolio-rebalancing-expert-advice-for-a-55-year-old-with-5-93-crore-investment-portfolio-11687969715729.html

Sebi’s board approved a proposal to cut the time period for listing of shares on exchanges after their initial public offerings (IPOs) from six days to three.

https://www.livemint.com/market/stock-market-news/sebi-shortens-ipo-listing-timelines-11687976351166.html

Rajiv Jain’s GQG Partners acquired an additional $1 billion worth of shares in #AdaniGroup companies from the promoter group, boosting the US-based fund’s total investment in the Indian conglomerate to $3.4 billion.

https://www.livemint.com/companies/news/jains-gqg-boosts-adani-investments-11687976815108.html

#PersonalFinance | Quant’s ESG Fund delivered good returns, but its investment strategy and choice of stocks was questionable and the churn unbelievably high.

Read here: https://livemint.com/money/personal-finance/quants-esg-fund-outperforms-with-low-ratings-raises-questions-on-investment-strategy-and-fund-management-11687969682240.html

Equity benchmarks hit new highs on Wednesday, as robust foreign fund inflows and the advance of the southwest monsoon boosted investor sentiment.

https://www.livemint.com/market/markets-hit-record-highs-adani-stocks-lead-rally-11687977083182.html

On account of #BakriEid2023 festival being celebrated across nation, trading at #NSE (National Exchange) and #BSE (Bombay Stock Exchange) will remain suspended on Thursday.

https://www.livemint.com/market/stock-market-news/stock-market-holiday-today-nse-bse-to-remain-closed-today-for-bakri-eid-2023-aka-eid-ul-adha-2023-11688002321859.html

Under the EPC mode, the government invests in the development of a station and only opens bids for private parties to execute the works.

https://www.livemint.com/companies/news/redevelopment-of-delhi-s-new-delhi-railway-station-stalls-as-bids-exceed-budget-by-3040-11687969550503.html

Jerome Powell said he did not see inflation falling to the central bank’s target rate this year or next year adding that the central bank will likely raise rates further.

https://www.livemint.com/market/stock-market-news/asian-markets-gain-amid-mixed-trend-from-us-stocks-after-fed-hints-more-interest-rate-hikes-ahead-11688002122564.html

An analysis of the gross merchandise value (GMV) data shows that #Zomato has maintained its market share sequentially at about 55% in the second half of 2022.

https://www.livemint.com/market/mark-to-market/zomato-maintains-market-share-dominance-in-fierce-battle-with-swiggy-analysts-optimistic-on-future-growth-11687970722824.html

In India, a fresh #engineering graduate was taking an average annual starting #salary of ₹4.57 lakh last year, around 15% higher than the academic year 2020-21, according to the National Institutional Ranking Framework report.

Read here: https://www.livemint.com/news/india/average-annual-salary-of-engineering-freshers-increased-by-15-in-5-years-report-11688008507045.html

The wait time for first-time tourist #visa interviews in the United States has been reduced by over 50%, United States Ambassador to India Eric Garcetti said.

He further emphasised that the goal for 2023 is to process at least one million visas & highlighted the improved speed of visa processing in #India.

Read here: https://www.livemint.com/news/india/us-to-issue-one-million-tourist-visas-in-india-this-year-interview-wait-time-cut-by-50-11688011243667.html

#PersonalFinance | There are many institutions that help first-time woman borrowers with no credit history and informal sources of income.

Got a question? #AskMint

https://livemint.com/money/personal-finance/navigating-home-loans-for-informal-income-sources-and-staff-loans-tips-from-an-expert-11687798591376.html

The US 10-year bond yield, which represents the interest rate on 10-year US government bonds, has been displaying stability in recent times.

https://www.livemint.com/market/stock-market-news/us-10-year-bond-yield-end-40-year-bearish-cycle-here-s-how-it-could-impact-your-investments-11688009330517.html

Tech executives and employees in #SiliconValley are embracing psychedelics like ketamine, psilocybin, and LSD as potential catalysts for business breakthroughs.

https://www.livemint.com/news/world/elon-musk-sergey-brin-reportedly-taking-ketamine-magic-mushroom-tesla-ceo-says-better-option-than-11688006452319.html

#HDFCBank #HDFC merger news boosted the Indian stock market, with #Nifty hitting an all-time high, as the combined entity is expected to create significant synergies and boost profitability.

https://www.livemint.com/market/stock-market-news/how-hdfc-bank-hdfc-merger-boosted-sensex-nifty-to-life-time-high-explained-11688011467212.html

#PersonalFinance | When investing in corporate bonds and FDs, try to diversify among various issuers and not take excessive credit risk.

Got a question? #AskMint

https://www.livemint.com/money/personal-finance/retirement-planning-and-portfolio-rebalancing-expert-advice-for-a-55-year-old-with-5-93-crore-investment-portfolio-11687969715729.html

#Opinion | Economists' #GDP forecasts are often inaccurate due to the flexibility and varying variables used in their analysis, as well as unforeseen events.

https://www.livemint.com/opinion/columns/the-chaos-of-gdp-forecasts-why-economists-are-often-off-the-mark-with-their-predictions-11687970012772.html

A report by CBRE South Asia has showed that nearly 77% of tall buildings in India are located in the financial capital #Mumbai.

The report also states that the city also commands premium prices compared to most other cities which also makes construction of tall buildings economically viable.

Read here: https://www.livemint.com/news/india/nearly-77-of-indias-skyline-are-located-in-mumbai-report-11688016061826.html

#AjayBanga, the President of the World Bank, has been recognised on the Carnegie Corporation of New York's annual "Great Immigrants" list.

He is lauded for his contributions and efforts in enriching America and its democracy.

Read here: https://www.livemint.com/news/world/world-bank-president-ajay-banga-named-in-us-great-immigrants-list-of-2023-11688020162096.html

Procter & Gamble India will invest ₹2,000 crore to establish a new personal healthcare manufacturing facility in Gujarat.

The new plant spread across a 50,000 sq metre area in Sanand will produce products that are part of P&G’s global healthcare portfolio, especially digestives, a company statement said.

Read here: https://www.livemint.com/companies/news/pg-india-to-invest-rs-2-000-crore-it-set-up-export-hub-in-gujarat-11688013716744.html