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

#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

#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

#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

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

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

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 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

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

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

The National Company Law Appellate Tribunal (#NCLAT) has set aside the #NCLT order admitting IndusInd's insolvency plea against #Zee Ent, according to media reports.

https://www.livemint.com/news/india/nclat-sets-aside-nclts-order-on-indusinds-insolvency-plea-against-zee-ent-11688365669138.html

#Afghanistan is the least peaceful country in the world for the fifth consecutive year, according to the 'Global Peace Index 2022' report released by the Institute for Economics and Peace (IEP). #Taliban reacted to the findings and called it ‘unjust’.

Read here: https://www.livemint.com/news/world/afghanistan-least-peaceful-country-in-world-for-5th-consecutive-year-report-11688344588785.html

#MintCharts | #Tomato prices have shot up since the beginning of June by an average of 85-90%. In several cities, prices have doubled or tripled.

In Ahmedabad, prices rose from an average of ₹22 per kg on 1 June to ₹80 per kg on 27 June—an increase of 264%, the most among large cities. Hyderabad has so far seen the least increase in prices over the course of June, by 23%.

In a significant move, the #DelhiHighCourt rejected the PIL challenging the Reserve Bank of India's move to withdraw ₹2,000 notes on Monday.

https://www.livemint.com/news/india/delhi-hc-rejects-pil-challenging-rbis-move-to-withdraw-rs-2000-notes-reserve-bank-of-india-11688364368696.html

States in India’s north-east holding rich #hydropower potential may get central grants to pick equity stakes in hydropower projects under a new policy.

https://www.livemint.com/economy/centre-may-offer-grants-to-ne-states-for-hydropower-projects-11688321148729.html

India’s drug price regulator has capped the price of two formulations and the retail price of 51 new drugs that are largely used for treating #diabetes and #mentalhealth conditions like #depression and #anxiety.

https://www.livemint.com/news/india/indias-drug-regulator-caps-prices-of-diabetes-and-mental-health-drugs-to-combat-rising-incidence-of-diabetes-and-anxiety-11688315866618.html

#DelhiHighCourt dismisses bail plea of former deputy CM #ManishSisodia in money laundering case relating to excise policy scam.

https://www.livemint.com/politics/news/delhi-high-court-dismisses-bail-plea-of-former-deputy-cm-manish-sisodia-in-money-laundering-case-relating-to-excise-poli-11688375721352.html

#SpiceJet on 3 July has announced that it has settled its ₹100 crore payment to City Union Bank. As per the company's statement, the last tranche of ₹25 crore was paid on 30 June, 2023.

https://www.livemint.com/news/india/spicejet-repays-entire-rs-100-crore-loan-to-city-union-bank-after-final-tranche-of-rs-25-crore-11688372804256.html

Reliance ADA Group Chairman Anil Ambani #AnilAmbani appeared before Enforcement Directorate (ED), in connection with a Foreign Exchange Management Act, 1999 (FEMA) case, according to reports.

Read here: https://www.livemint.com/companies/people/anil-ambani-questioned-by-enforcement-directorate-in-fema-case-reports-11688380272982.html

#Opinion | There will always be inequality because that is the instinctive objective of individual ambition. 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.

Read here: 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

#HeroMotoCorp on Monday stepped into #India’s ballooning market for premium lifestyle motorcycles with the launch of #HarleyDavidsonX440, a fully indigenized 440cc motorcycle it has co-created with the #Milwaukee-based cult motorbike maker.



Read here: https://www.livemint.com/companies/news/hero-rolls-out-440cc-harley-at-2-29-lakh-11688408126333.html