#Zerodha is facing a backlash from users after an app glitch caused some traders to lose money. The glitch occurred on July 07, 2023, and affected users who were trying to place sell orders.

https://www.livemint.com/market/why-people-are-outraging-out-app-glitch-that-made-them-lose-money-zerodha-11688896679413.html

On Friday, a lot of traders complained on Twitter that they couldn't get out of their Sensex option transactions on Zerodha, which the low-cost brokerage claimed was caused by "issue with the internet service providers (ISPs)".

https://www.livemint.com/market/why-people-are-outraging-out-app-glitch-that-made-them-lose-money-zerodha-11688896679413.html

#MintSnapView | If there’s demand for MSIL’s vehicles, that’s a sign of rural income rebound or at least of rising confidence amongst middle-income buyers in the rural and semi-urban segments.

https://www.livemint.com/opinion/online-views/indias-fortunes-are-tightly-intertwined-with-marutis-11688714218904.html

#China’s consumer inflation rate eased to zero in June while factory-gate prices fell further, underlining continued weakness in demand and adding to concerns about the threat of deflation in the economy.

https://www.livemint.com/news/world/chinas-consumer-inflation-rate-slows-to-zero-amid-falling-factory-gate-prices-deflation-threat-lingers-11688954482120.html

The decision by the United States to supply #Ukraine with cluster bombs has caused concern among key US allies.

https://www.livemint.com/news/world/what-are-cluster-bombs-us-sending-to-ukraine-and-why-over-100-countries-have-banned-it-explained-11688954387988.html

#PersonalFinance | The accumulated PF balance to the credit of the employee as on the date of cessation of employment, is exempt from tax, if he/she has rendered continuous service for five years or more.

https://www.livemint.com/money/personal-finance/tax-implications-of-epf-interest-during-periods-of-non-contribution-expert-opinion-11688917967676.html

#PersonalFinance | Will it be government or private schools? If it is the latter, what is its reputation and how is the fee structure? Should you choose a nearby school or opt for outstation boarding?

These are questions that trouble every parent when it is time to put their children in #school.

Read here: https://www.livemint.com/money/personal-finance/factors-that-decide-the-right-school-for-your-child-boards-reputation-and-cost-structure-11688918023724.html

Indian #creditcard holders owed their banks ₹2 trillion in dues by April, the first time this milestone was reached.

Banks will be delighted at the growth in this business, but high outstanding dues also present a risk.

https://www.livemint.com/industry/banking/credit-card-dues-at-2-tn-by-apr-mark-a-milestone-11688909501655.html

Indian startups raised $3.8 billion in the first half of 2023 (January to June), falling by a massive 36% as compared to the fundraising in H1 of 2022. This is also the lowest six-month funding in the last four years, as per PwC India research report.


https://www.livemint.com/companies/news/indian-startups-raise-3-8-bn-in-h1-2023-lowest-half-yearly-funding-in-4-years-saas-d2c-fintech-top-invested-sectors-11688915814259.html

Company results season for first quarter of the current financial year is going to kick-start on 12th July 2023 with the declaration of Q1 results by TCS followed by HCL Technologies.

https://www.livemint.com/market/stock-market-news/q1-results-2023-tcs-hcl-tech-wipro-tata-steel-others-to-announce-q1-results-this-week-11688958841744.html

Vivek Johri has indicated that any potential changes to Goods and Services Tax (#GST) rates will require careful consideration and may need to be implemented gradually.

https://www.livemint.com/economy/rationalisation-in-gst-rates-should-be-implemented-gradually-cbic-chairman-vivek-johri-11688961133108.html

The Securities Appellate Tribunal refused to grant interim stay on #SEBI’s order against Essel Group chairman #SubashChandra & Zee Entertainment Enterprises MD & CEO #PunitGoenka’s plea over a ban on the duo by India markets regulator from holding board positions in public listed companies for a year.

Read here: https://www.livemint.com/companies/news/sat-refuses-to-grant-stay-on-sebi-order-against-punit-goenka-subash-chandra-11688969296576.html

Kal Airways has denied any possibility of an amicable settlement with #SpiceJet, stating that the matter has been finalised by the Supreme Court of India.

Read here: https://www.livemint.com/companies/news/no-amicable-settlement-with-spicejet-kal-airways-11688970689695.html

The Indian alcoholic beverage market is experiencing intensifying rivalry spurred by the launch of several new spirits.

https://www.livemint.com/companies/news/intensifying-rivalry-in-indian-alcoholic-beverage-market-as-companies-launch-new-spirits-to-meet-growing-demand-11688968540119.html

The Hyundai Exter has entered the Indian market at a starting price of 5,99,900, whereas the top-spec variant is priced at ₹9,31,990.

This SUV comes equipped with an engine that delivers an impressive power output of 81.86 bhp and a torque of 113.8 Nm, available in both the manual transmission (MT) and automated manual transmission (AMT) variants.

https://www.livemint.com/auto-news/hyundai-exter-suv-launched-in-india-at-a-starting-price-of-rs-5-99-900-11688963958757.html

India is among a number of countries, including Mexico and Brazil, that are benefitting from increased foreign corporate investment aimed at both domestic & international demand through “friend-shoring" and “near-shoring".

https://www.livemint.com/economy/india-top-emerging-market-for-investing-in-em-debt-invesco-report-11688982338557.html

Gary Marcus and Anka Reuel argue that global governance must be prioritised to address the risks of bias, misinformation or worse.

https://www.livemint.com/ai/artificial-intelligence/the-world-needs-an-international-agency-for-artificial-intelligence-say-two-ai-experts-11688983006805.html

An Odisha-based private news channel Odisha TV launched an AI-generated news anchor named 'Lisa'. An artificial woman clad in Odisha's handloom saree will present news both in Odia and English for OTV Network's television and digital platforms, a company release said.

As per the company's statement, OTV is gifting Odia television journalism its first #ArtificialIntelligence (AI) news anchor, Lisa, it said.

https://www.livemint.com/news/india/odisha-gets-1st-ai-generated-news-anchor-lisa-watch-11688969170338.html

Budget airline #GoFirst has invited investor interest through a court-appointed administrator as part of its ongoing insolvency, with the Wadia Group expected to participate in the process.

https://www.livemint.com/companies/news/go-first-airline-seeks-investor-interest-as-part-of-insolvency-process-11688980881037.html

Domestic #pharmaceutical industry will likely hit $57 billion by FY25, along with expansion in operating margins by 100-150 basis points (bps), according to a report by CareEdge Ratings.

https://www.livemint.com/news/india/indian-pharmaceutical-industry-expected-to-reach-57-billion-by-fy25-with-improved-margins-report-11688979047839.html

#Foxconn is ending its joint venture with #Vedanta Ltd to make semiconductors in India & will remove its name from the fully-owned entity.

Meanwhile, after Foxconn's withdrawal from chip JV, Vedanta says it has lined up other potential partners to set up India's first foundry.

Read here: https://www.livemint.com/companies/news/foxconn-pulls-out-of-india-chip-jv-with-vedanta-11688986364272.html