About 70% of the insurance firm's hiring is now through referrals and their dependency on HR consultants is about 10%.
https://www.livemint.com/news/india/insurance-firms-in-new-push-to-hire-retain-employees-11688146571483.html
https://www.livemint.com/news/india/insurance-firms-in-new-push-to-hire-retain-employees-11688146571483.html
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Insurance firms in new push to hire, retain employees
Insurance companies poaching from each other are seeing 40% plus attrition on the sales side and this is pushing firms to come up with strategies to stem the tide.
What does #HDFCBank-#HDFC merger mean for Indian stock market — explained
Read here: https://www.livemint.com/market/stock-market-news/what-does-hdfc-bank-hdfc-merger-mean-for-indian-stock-market-explained-in-five-points-11688182138702.html
Read here: https://www.livemint.com/market/stock-market-news/what-does-hdfc-bank-hdfc-merger-mean-for-indian-stock-market-explained-in-five-points-11688182138702.html
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The two-time #Oscar-winning actor #KevinSpacey entered a not-guilty plea to a dozen sexual assault accusations during a #London courtroom trial.
Read here: https://www.livemint.com/news/world/as-sex-offence-trial-begins-uk-prosecutor-calls-kevin-spacey-a-sexual-bully-11688182631733.html
Read here: https://www.livemint.com/news/world/as-sex-offence-trial-begins-uk-prosecutor-calls-kevin-spacey-a-sexual-bully-11688182631733.html
The protestors turned violent in many areas prompting police to arrest more than 800 people till now. #France administration also informed that more than 200 police personnel are injured.
https://www.livemint.com/news/world/who-was-nehal-why-his-death-triggered-violent-protests-in-france-11688201180578.html
https://www.livemint.com/news/world/who-was-nehal-why-his-death-triggered-violent-protests-in-france-11688201180578.html
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Who was Nehal? Why his death triggered violent protests in France
France protests: Thousands of people are on the road demanding justice for 17-year-old Nehal who was shot dead on Tuesday morning during a failed traffic stop in the suburbs of Paris
Here's how the #HDFC-#HDFCBank merger will impact #FD investors
Read here: https://livemint.com/market/stock-market-news/heres-how-the-hdfc-hdfc-bank-merger-will-impact-fd-investors-11688208560820.html
Read here: https://livemint.com/market/stock-market-news/heres-how-the-hdfc-hdfc-bank-merger-will-impact-fd-investors-11688208560820.html
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#China is actively engaging in a significant natural gas acquisition campaign, and government officials are encouraging importers to continue striking deals even as the global energy crisis subsides.
https://www.livemint.com/news/world/chinas-insatiable-natural-gas-purchases-signal-unabated-energy-demand-11688263405335.html
https://www.livemint.com/news/world/chinas-insatiable-natural-gas-purchases-signal-unabated-energy-demand-11688263405335.html
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Energy demand ahead? Here's what China's insatiable natural gas purchases signal
China is continuing its push to secure long-term contracts for LNG imports in order to enhance energy security and avoid future shortages. China is on track to become the world's top importer of LNG in 2023 and has been signing more long-term contracts than…
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Indian markets will be influenced by banking stocks, foreign fund flows, global trends, auto and metal stocks, active IPOs, and stocks trading ex-dividend in the upcoming week.
https://www.livemint.com/market/stock-market-news/hdfc-merger-fomc-meeting-minutes-fii-flows-to-dictate-markets-this-week-what-should-traders-expect-in-nifty-sensex-11688234906071.html
https://www.livemint.com/market/stock-market-news/hdfc-merger-fomc-meeting-minutes-fii-flows-to-dictate-markets-this-week-what-should-traders-expect-in-nifty-sensex-11688234906071.html
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HDFC merger, FOMC meeting minutes, FII flows to dictate markets this week; what should traders expect?
Indian markets will be influenced by banking stocks, foreign fund flows, global trends, auto and metal stocks, active IPOs, and stocks trading ex-dividend in the upcoming week. The Sensex and Nifty 50 ended the previous week with gains of 2.5-3%.
A group of anonymous individuals claimed that ChatGPT creator #OpenAI Inc is stealing a vast amount of personal information to train its #artificialintelligence models in a heedless hunt for profits.
https://www.livemint.com/technology/tech-news/openai-in-trouble-chatgpt-creator-sued-for-theft-of-private-data-11688269311957.html
https://www.livemint.com/technology/tech-news/openai-in-trouble-chatgpt-creator-sued-for-theft-of-private-data-11688269311957.html
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OpenAI in trouble: ChatGPT creator sued for theft of ‘private data’
Anonymous individuals have filed a lawsuit against OpenAI, alleging that the company stole personal information to train its AI models. The lawsuit seeks class action status and cites $3 billion in potential damages.
An impressive 35 companies have already announced bonus shares in 2023, according to data that was available on the BSE as of the 1st of July 2023.
https://www.livemint.com/market/stock-market-news/bonus-shares-2023-these-three-stocks-to-trade-ex-bonus-next-week-roto-pumps-kansai-nerolac-and-bhansali-engg-11688211538512.html
https://www.livemint.com/market/stock-market-news/bonus-shares-2023-these-three-stocks-to-trade-ex-bonus-next-week-roto-pumps-kansai-nerolac-and-bhansali-engg-11688211538512.html
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Bonus shares 2023: These three stocks to trade ex-bonus next week. Details here
35 companies have announced bonus share issues in 2023. Roto Pumps, Kansai Nerolac, and Bhansali Engg are among the companies issuing bonus shares.
The foreign portfolio investors (#FPIs) pumped in ₹47,148 crore in Indian equities in June, the highest monthly buying of the year.
https://www.livemint.com/market/stock-market-news/fpis-buying-highest-in-june-with-inflow-of-rs-47-148-crore-in-indian-stocks-pumps-in-rs-76-407-crore-in-h1-2023-11688214601374.html
https://www.livemint.com/market/stock-market-news/fpis-buying-highest-in-june-with-inflow-of-rs-47-148-crore-in-indian-stocks-pumps-in-rs-76-407-crore-in-h1-2023-11688214601374.html
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FPIs buying highest in June with inflow of ₹47,148 crore in Indian stocks; pumps in ₹76,407 crore in H1 2023
FPIs invested ₹47,148 crore in Indian equities in June, making it the best monthly buying in 2023. This marks the fourth consecutive month of net buying by FPIs in Indian stocks. The sustained buying is likely driven by the country's improving macroeconomic…
The Centre said it has has revised the crop residue management guidelines for Punjab, Haryana, Uttar Pradesh, and Delhi, to help tackle the challenge of stubble burning in these states and improve air quality.
https://www.livemint.com/industry/agriculture/government-revises-crop-residue-management-guidelines-for-northern-states-11688214673013.html
https://www.livemint.com/industry/agriculture/government-revises-crop-residue-management-guidelines-for-northern-states-11688214673013.html
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Government revises crop residue management guidelines for northern states
The Centre and state governments will jointly provide financial support of 65% of the project cost, while the industry, as primary promoter, will contribute 25%.
PM Modi said that the government is providing ₹50,000 annual benefits to each farmer with ₹6.5 lakh crore allocated to the agriculture sector.
https://www.livemint.com/news/india/pm-modi-lists-out-rs-6-5-lakh-crore-worth-benefits-for-farmers-calls-it-modis-guarantee-11688214284026.html
https://www.livemint.com/news/india/pm-modi-lists-out-rs-6-5-lakh-crore-worth-benefits-for-farmers-calls-it-modis-guarantee-11688214284026.html
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PM Modi lists out ₹6.5 lakh crore worth benefits for farmers, calls it 'Modi's guarantee'
PM Modi listed out the benefits for farmers in terms of fertilizer subsidy, foodgrains procurement, and PM-KISAN
#Opinion | The central aim of a typical family is to provide an unfair advantage to the family’s children. Economic inequality is far less unnatural than people think.
https://www.livemint.com/opinion/online-views/us-supreme-court-s-ruling-on-affirmative-action-a-historic-moment-in-the-eternal-battle-of-two-flawed-arguments-11688321016249.html
https://www.livemint.com/opinion/online-views/us-supreme-court-s-ruling-on-affirmative-action-a-historic-moment-in-the-eternal-battle-of-two-flawed-arguments-11688321016249.html
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A contest of two faulty arguments familiar to Indians
The affirmative action debate misses the point of what a truly compassionate society should aim to achieve.
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#PersonalFinance | The introduction of 24 rabbits to Australia in 1859 led to a rapid increase in their population due to lack of predators. This demonstrates the power of #compounding, which takes time to show significant results.
https://www.livemint.com/money/personal-finance/the-unstoppable-power-of-compounding-from-24-rabbits-to-10-billion-lessons-for-investing-and-the-ppf-11688316262417.html
https://www.livemint.com/money/personal-finance/the-unstoppable-power-of-compounding-from-24-rabbits-to-10-billion-lessons-for-investing-and-the-ppf-11688316262417.html
mint
What rabbits tell you about power of compounding
The introduction of 24 rabbits to Australia in 1859 led to a rapid increase in their population due to lack of predators. This demonstrates the power of compounding, which takes time to show significant results. This lesson applies to investing, where compounding…
#PersonalFinance | F&O trading is a high-risk business and new investors, many of whom relied on online course subscriptions, suffered losses.
Market experts say it is important to hire a good broker if you decide to dabble in the F&O segment. But, choosing the right broker is not an easy affair either.
Read here: https://www.livemint.com/money/personal-finance/risky-business-90-of-f-o-traders-suffer-losses-choosing-the-right-broker-crucial-insights-from-retail-investors-11688314448420.html
Market experts say it is important to hire a good broker if you decide to dabble in the F&O segment. But, choosing the right broker is not an easy affair either.
Read here: https://www.livemint.com/money/personal-finance/risky-business-90-of-f-o-traders-suffer-losses-choosing-the-right-broker-crucial-insights-from-retail-investors-11688314448420.html
Chinese billionaire and Alibaba Group co-founder #JackMa's unexpected visit to #Pakistan has created a stir among observers.
During his visit, Jack Ma avoided interactions with government officials and media persons. He resided at a private location and left on June 30 via a private jet registered under the name of VP-CMA which is owned by Jet Aviation.
Read here: https://www.livemint.com/news/world/alibaba-group-cofounder-jack-mas-visit-to-pakistan-creates-stir-among-observers-report-11688352845643.html
During his visit, Jack Ma avoided interactions with government officials and media persons. He resided at a private location and left on June 30 via a private jet registered under the name of VP-CMA which is owned by Jet Aviation.
Read here: https://www.livemint.com/news/world/alibaba-group-cofounder-jack-mas-visit-to-pakistan-creates-stir-among-observers-report-11688352845643.html
In June, India's manufacturing sector demonstrated significant growth, positioning itself as the second-fastest expansion of the year, albeit at a slightly slower pace compared to May.
Read here: https://www.livemint.com/news/india/indias-factory-growth-softenes-slightly-in-june-but-stays-strong-11688348313462.html
Read here: https://www.livemint.com/news/india/indias-factory-growth-softenes-slightly-in-june-but-stays-strong-11688348313462.html
Tesla Inc., the billionaire #ElonMusk-led EV maker, posted record sales in the April-June quarter with deliveries rising 83% from a year ago, beating analysts estimates.
The auto major’s vehicle sales rose 10% QoQ to 466,140 vehicles units in the April to June, while it was 83% higher from a year earlier, as price cuts and US federal credits helped make its electric vehicles more affordable.
Read here: https://www.livemint.com/companies/company-results/tesla-second-quarter-sales-beat-estimates-jump-83-from-a-year-ago-driven-by-tax-credits-price-cuts-11688355085676.html
The auto major’s vehicle sales rose 10% QoQ to 466,140 vehicles units in the April to June, while it was 83% higher from a year earlier, as price cuts and US federal credits helped make its electric vehicles more affordable.
Read here: https://www.livemint.com/companies/company-results/tesla-second-quarter-sales-beat-estimates-jump-83-from-a-year-ago-driven-by-tax-credits-price-cuts-11688355085676.html
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The current market rally, characterized by broader participation of stocks compared to the two previous ones and bolstered by robust #FPI investments, is projected to maintain its momentum.
https://www.livemint.com/market/stock-market-news/robust-fpi-inflows-fuel-gains-in-stocks-11688319781272.html
https://www.livemint.com/market/stock-market-news/robust-fpi-inflows-fuel-gains-in-stocks-11688319781272.html
mint
Robust FPI inflows fuel gains in stocks
Market experts see the current rally becoming more broad-based.The US economy could have a soft landing despite the possibility of further interest rate hikes
Bajaj Auto, the two and three-wheeler manufacturer, reported a 2% on-year fall in its total sales volume for the month of June 2023, largely dragged by lower exports.
https://www.livemint.com/companies/company-results/bajaj-auto-june-sales-fall-2-yoy-to-3-4-lakh-units-on-lower-exports-two-wheeler-sales-decline-7-11688358514128.html
https://www.livemint.com/companies/company-results/bajaj-auto-june-sales-fall-2-yoy-to-3-4-lakh-units-on-lower-exports-two-wheeler-sales-decline-7-11688358514128.html
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Bajaj Auto June sales fall 2% YoY to 3.4 lakh units on lower exports; two-wheeler sales decline 7%
Bajaj Auto’s domestic sales for the month increased 45% to 1,99,983 units from 1,38,351 units, while exports fell 32% to 1,40,998 units from 2,08,653 units, YoY.
The Indian #rupee opened 4 paise higher against the US dollar amid upbeat risk appetite and FII inflows into domestic equities.
https://www.livemint.com/market/stock-market-news/rupee-gains-4-paise-to-open-at-82-00-against-the-us-dollar-11688355771259.html
https://www.livemint.com/market/stock-market-news/rupee-gains-4-paise-to-open-at-82-00-against-the-us-dollar-11688355771259.html
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Rupee gains 4 paise to open at 82.00 against the US dollar
The dollar index was little changed at 102.96.