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
mint
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
mint
Rupee gains 4 paise to open at 82.00 against the US dollar
The dollar index was little changed at 102.96.
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
https://www.livemint.com/news/india/nclat-sets-aside-nclts-order-on-indusinds-insolvency-plea-against-zee-ent-11688365669138.html
mint
NCLAT sets aside NCLT's order on IndusInd's insolvency plea against Zee Ent
NCLAT sets aside NCLT's order admitting IndusInd's insolvency plea against Zee Ent, media reports say.
#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
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 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
https://www.livemint.com/news/india/delhi-hc-rejects-pil-challenging-rbis-move-to-withdraw-rs-2000-notes-reserve-bank-of-india-11688364368696.html
mint
Delhi HC rejects PIL challenging RBI's move to withdraw ₹2000 notes
Delhi High Court has rejected the PIL challenging the RBI's decision to withdraw ₹2,000 notes
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
https://www.livemint.com/economy/centre-may-offer-grants-to-ne-states-for-hydropower-projects-11688321148729.html
mint
Centre may offer grants to NE states for hydropower projects
The Union power ministry has proposed a new hydropower policy that will facilitate such grants
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
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
mint
Diabetes, anxiety drugs to cost less as price caps set in
The NPPA move to fix the ceiling for retail prices of different combinations of diabetes drugs comes soon after the ICMR said in a report the number of Indian diabetes patients has jumped by 44% in four years—from 70 million in 2019 to more than 100 million…
#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
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
mint
Excise policy scam: Delhi High Court dismisses bail plea of former deputy CM Manish Sisodia
Delhi High Court dismisses bail plea of former deputy CM Manish Sisodia in money laundering case relating to excise policy scam
#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
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
mint
SpiceJet share price jumps 12% as it repays ₹100-crore loan to City Union Bank
SpiceJet has settled its ₹100 crore payment to City Union Bank, with the last tranche of ₹25 crore paid on 30 June, 2023. The repayment follows a settlement agreement with Nordic Aviation Capital.
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
Read here: https://www.livemint.com/companies/people/anil-ambani-questioned-by-enforcement-directorate-in-fema-case-reports-11688380272982.html
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#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
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
Read here: https://www.livemint.com/companies/news/hero-rolls-out-440cc-harley-at-2-29-lakh-11688408126333.html
#StarSports and #JioCinema, the event's broadcasters, accumulated ₹4,700 crore through advertising. Franchises earned about ₹1,450 crore and #BCCI got about ₹430 crore.
Read here: https://www.livemint.com/industry/media/ipl-2023-ad-revenue-crosses-10-000-crore-11688402922149.html
Read here: https://www.livemint.com/industry/media/ipl-2023-ad-revenue-crosses-10-000-crore-11688402922149.html
As an investment avenue, agricultural land offers good returns, particularly if it is located near upcoming government infrastructure projects such as highways and airports.
https://www.livemint.com/money/personal-finance/the-importance-of-buying-agricultural-land-insights-and-risks-11688405401248.html
https://www.livemint.com/money/personal-finance/the-importance-of-buying-agricultural-land-insights-and-risks-11688405401248.html
mint
Want to invest in agricultural land? Here's what you ought to know
The primary challenge to buying such land is in ensuring a clear title deed without any encumbrances.
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The non-fiction category had a rocky start to the year, lagging behind adult and young adult fiction until the launch of #Spare by the #DukeOfSussex.
Read here: https://www.livemint.com/news/world/prince-harrys-memoir-spare-becomes-one-of-the-best-selling-books-of-2023-11688431519954.html
Read here: https://www.livemint.com/news/world/prince-harrys-memoir-spare-becomes-one-of-the-best-selling-books-of-2023-11688431519954.html
The decision to launch #Threads comes in the midst of various controversies surrounding #Twitter, such as user limitations and issues with Bluesky, a competing platform founded by #JackDorsey.
https://www.livemint.com/news/meta-to-launch-a-new-twitter-competitor-threads-this-week-all-you-need-to-know-11688431623110.html
https://www.livemint.com/news/meta-to-launch-a-new-twitter-competitor-threads-this-week-all-you-need-to-know-11688431623110.html
mint
Threads: Mark Zuckerberg's Meta Twitter-killer is here; All you need to know
Meta, the parent company of Facebook, is set to launch Threads, a Twitter competitor, on July 6. Threads aims to provide an alternative platform for social networking and discussions, addressing concerns raised about Twitter's limitations and controversies.
"#HealthifyMe increased its gross margins from 26% in 2016 to 72% in 2020 and this is solely because of our #AI capabilities," founder and CEO Tushar Vashisht said in an interview with Mint.
https://www.livemint.com/news/healthifyme-to-launch-online-store-this-quarter-ceo-tushar-vashisht-rules-out-ipo-plans-near-term-11688402855255.html
https://www.livemint.com/news/healthifyme-to-launch-online-store-this-quarter-ceo-tushar-vashisht-rules-out-ipo-plans-near-term-11688402855255.html
mint
HealthifyMe's CEO Tushar Vashisht rules out IPO plans in near term; talks about AI initiatives
The company’s founder and CEO Tushar Vashisht spoke to Mint in a freewheeling conversation about HealthifyMe’s IPO plans, AI-based nutritionist Ria, further expansions and his upcoming musical concert.
#ElonMusk stumped netizens once again with his move to limit the number of posts on microblogging site #Twitter which he now owns.
https://www.livemint.com/news/india/why-is-musk-angry-and-why-is-openai-being-sued-11688448802931.html
https://www.livemint.com/news/india/why-is-musk-angry-and-why-is-openai-being-sued-11688448802931.html
mint
Mint Explainer: Why did Elon Musk cap the number of Twitter posts you can read?
The move is meant to tackle ‘data scraping’, a practice that has sparked lawsuits against OpenAI and Microsoft. What is it and why does it matter so much?
Effortless sinking-themed headlines awaited. "Titanic" became the first movie to earn $1bn and won 11 Oscars.
https://www.livemint.com/specials/twentyfive-years-on-titanic-feels-like-a-prophecy-11688455164079.html
https://www.livemint.com/specials/twentyfive-years-on-titanic-feels-like-a-prophecy-11688455164079.html
mint
Twenty-five years on, “Titanic” feels like a prophecy
We are all Rose and Jack now