The Central government has collected Rs 4.75 trillion in direct taxes after adjusting for refunds, so far this financial year, up to 9 July, the Central Board of Direct Taxes (CBDT) said.
https://www.livemint.com/news/india/centre-collects-rs-4-75-trillion-in-net-direct-tax-receipts-so-far-this-year-11689003833410.html
https://www.livemint.com/news/india/centre-collects-rs-4-75-trillion-in-net-direct-tax-receipts-so-far-this-year-11689003833410.html
#PersonalFinance | There are eight pension fund managers to choose from & one of the ways to do that is by tracking the returns.
Here is a breakdown of the performance of different funds - equity fund, government bond fund & corporate bond fund - of the private sector NPS.
Here is a breakdown of the performance of different funds - equity fund, government bond fund & corporate bond fund - of the private sector NPS.
#TataMotors shares on Monday hit a record high after its Jaguar Land Rover (JLR) unit reported 30% year-on-year jump in global wholesale dispatches in the June quarter of this fiscal year.
Read here: https://www.livemint.com/market/stock-market-news/tata-motors-becomes-16th-most-valued-automaker-beats-kia-corporation-mcap-11688991650852.html
Read here: https://www.livemint.com/market/stock-market-news/tata-motors-becomes-16th-most-valued-automaker-beats-kia-corporation-mcap-11688991650852.html
Jayshree Ullal and Indra Nooyi are among four Indian-origin women who have made it to the #Forbes list of America's 100 most successful self-made women, with a combined net worth of a $4.06 billion.
Read here: https://livemint.com/news/world/four-indian-origin-biz-leaders-in-2023-forbes-100-richest-self-made-women-list-11688992651990.html
Read here: https://livemint.com/news/world/four-indian-origin-biz-leaders-in-2023-forbes-100-richest-self-made-women-list-11688992651990.html
Shares of Apple, Microsoft among others heavyweight US stocks declined on Monday after #Nasdaq Inc announced the rebalance of its Nasdaq 100 index.
https://www.livemint.com/market/stock-market-news/nasdaq-100-rebalance-apple-microsoft-other-heavyweight-stocks-fall-ahead-of-index-s-special-rebalance-11689045451742.html
https://www.livemint.com/market/stock-market-news/nasdaq-100-rebalance-apple-microsoft-other-heavyweight-stocks-fall-ahead-of-index-s-special-rebalance-11689045451742.html
mint
Nasdaq 100 Rebalance: Apple, Microsoft, other heavyweight stocks fall ahead of index’s special rebalance
Apple share price declined 1.1% with its market capitalization at $2.967 trillion, while shares of Alphabet and Amazon dropped over 2%. Microsoft and Tesla share prices fell more than 1% each.
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The Indian #rupee opened 17 paise higher against the US dollar on Tuesday tracking weakness in the greenback that hit its lowest level in two months versus a basket of its major peers.
https://www.livemint.com/market/stock-market-news/rupee-gains-17-paise-to-open-at-82-40-against-the-us-dollar-11689046750892.html
https://www.livemint.com/market/stock-market-news/rupee-gains-17-paise-to-open-at-82-40-against-the-us-dollar-11689046750892.html
mint
Rupee gains 17 paise to open at 82.40 against the US dollar
The dollar index dropped below 102 in New York trading and slipped further in Asia hours in the wake of a decline in US yields.
#PersonalFinance | Despite the IA regulation, many entities assess individual client situations and create a financial plan and offer holistic financial advice.
https://www.livemint.com/money/personal-finance/regulatory-hurdles-and-unregistered-entities-hinder-growth-of-investment-advisers-in-india-11689007444289.html
https://www.livemint.com/money/personal-finance/regulatory-hurdles-and-unregistered-entities-hinder-growth-of-investment-advisers-in-india-11689007444289.html
mint
Why investment adviser rules need a relook
The IA regulation states that the investment adviser is a person who is in the business of providing advice for a consideration.
#ElonMusk's #Starlink has applied to the IN-SPACe for clearances to set up earth stations.
Last year, #SpaceX had applied to the DoT for a GMPCS licence to launch broadband-from-space services in India under its Starlink brand.
Read here: https://www.livemint.com/science/starlink-applies-to-in-space-seeks-to-get-clearance-for-setting-up-earth-station-report-11689040428252.html
Last year, #SpaceX had applied to the DoT for a GMPCS licence to launch broadband-from-space services in India under its Starlink brand.
Read here: https://www.livemint.com/science/starlink-applies-to-in-space-seeks-to-get-clearance-for-setting-up-earth-station-report-11689040428252.html
#Bitcoin price may hit as much as $120,000 by the end of 2024, almost quadruple the current price, expect analysts at Standard Chartered as increasingly cash-rich miners reduce their sales of the token.
Read here: https://www.livemint.com/market/cryptocurrency/bitcoin-price-set-to-hit-120-000-by-the-end-2024-says-standard-chartered-11689049560133.html
Read here: https://www.livemint.com/market/cryptocurrency/bitcoin-price-set-to-hit-120-000-by-the-end-2024-says-standard-chartered-11689049560133.html
As the Russian invasion of #Ukraine continues to spread ripples across the world, the US has welcomed #India's involvement in facilitating lasting peace in #Ukraine.
https://www.livemint.com/news/world/us-welcomes-indias-role-in-helping-achieve-lasting-peace-in-ukraine-11689043468148.html
https://www.livemint.com/news/world/us-welcomes-indias-role-in-helping-achieve-lasting-peace-in-ukraine-11689043468148.html
mint
US welcomes India's role in helping achieve lasting peace in Ukraine
US welcomes India's involvement in achieving lasting peace in Ukraine and international support for Ukraine after Russian attack, says State Department. Russia has suffered significant losses in reputation, economy, and international ties due to the invasion
Tata Group is closing in on an agreement to acquire Apple's supplier factory in India. The factory could be acquired by August and once closed this will be the first time a local company will start assembling iPhones.
Read here: https://www.livemint.com/technology/tech-news/tata-group-close-to-an-agreement-on-manufacturing-iphones-in-india-11689055265389.html
Read here: https://www.livemint.com/technology/tech-news/tata-group-close-to-an-agreement-on-manufacturing-iphones-in-india-11689055265389.html
The business enterprise value of the Indian Premier League (#IPL) stood at $15.4 billion in 2023, up 80% over last year’s $8.5 billion.
Its stand-alone brand value grew significantly to $3.2 billion this year from $1.8 billion in 2022, according to a recent report by Houlihan Lokey Inc. #IPL2023
Read here: https://www.livemint.com/sports/cricket-news/ipl-2023-brand-value-crosses-3-billion-11689012292420.html
Its stand-alone brand value grew significantly to $3.2 billion this year from $1.8 billion in 2022, according to a recent report by Houlihan Lokey Inc. #IPL2023
Read here: https://www.livemint.com/sports/cricket-news/ipl-2023-brand-value-crosses-3-billion-11689012292420.html
#Meta's new app #Threads has reached 100 million users in just 5 days since its launch, surpassing #ChatGPT as the fastest-growing consumer product.
The app aims to become a platform with 1 billion users. #Twitter's web traffic has decreased by 11% since Threads' launch.
Read here: https://www.livemint.com/technology/tech-news/twitterkiller-threads-goes-past-chatgpt-becomes-the-fastest-app-to-have-100-million-users-11689037467660.html
The app aims to become a platform with 1 billion users. #Twitter's web traffic has decreased by 11% since Threads' launch.
Read here: https://www.livemint.com/technology/tech-news/twitterkiller-threads-goes-past-chatgpt-becomes-the-fastest-app-to-have-100-million-users-11689037467660.html
#MintCharts | The five-time #IPL champion #CSK topped the brand value table with $212 billion in valuation, according to a report released by Houlihan Lokey.
All six people aboard a tourist #helicopter in #Nepal were killed when it crashed soon after take-off near #MountEverest on Tuesday, aviation authorities said.
https://www.livemint.com/news/world/six-people-including-five-mexicans-die-in-helicopter-crash-in-nepal-11689065136227.html
https://www.livemint.com/news/world/six-people-including-five-mexicans-die-in-helicopter-crash-in-nepal-11689065136227.html
mint
Six people, including five Mexicans, die in helicopter crash in Nepal
A tourist helicopter crashed near Mount Everest in Nepal, killing all six people on board. Nepal has a poor aviation safety record, with difficult runways and unpredictable weather.
#SupremeCourt quashes the Centre's order of granting third extension to #ED director Sanjay Kumar Mishra, gives him time till July 31 to relinquish office.
https://www.livemint.com/news/supreme-court-says-centres-3rd-tenure-extension-to-ed-director-sanjay-kumar-mishra-illegal-11689064991019.html
https://www.livemint.com/news/supreme-court-says-centres-3rd-tenure-extension-to-ed-director-sanjay-kumar-mishra-illegal-11689064991019.html
mint
Supreme Court says Centre's third extension of ED Director SK Mishra ‘illegal’
Supreme Court has quashed the Centre's order granting 3rd tenure extension to ED Director Sanjay Kumar Mishra, saying it was ‘illegal’
In a bid to expand its operation in India, Electronics giant #Foxconn is planning to apply separately for setting up a #semiconductor manufacturing unit in the country, the company said.
https://www.livemint.com/news/india/foxconn-mulling-over-to-apply-separately-for-chip-manufacturing-unit-in-indiataiwanvedanta-11689059802414.html
https://www.livemint.com/news/india/foxconn-mulling-over-to-apply-separately-for-chip-manufacturing-unit-in-indiataiwanvedanta-11689059802414.html
mint
Foxconn to pursue India plan without Vedanta, plans to apply for chip making unit separately
Electronics giant Foxconn plans to apply separately to set up a semiconductor manufacturing unit in India after exiting a joint venture with Vedanta. The move is aimed at taking advantage of incentives offered by the Indian government under its semiconductor…
Ahead of the 50th GST Council meeting, the EPWA has warned that a proposed 28% #GST on online gaming could discourage players and harm the industry.
https://www.livemint.com/technology/tech-news/gamers-must-not-be-taxed-the-same-way-as-gamblers-e-sport-body-epwa-says-on-28-gst-proposal-on-online-games-11689060858664.html
https://www.livemint.com/technology/tech-news/gamers-must-not-be-taxed-the-same-way-as-gamblers-e-sport-body-epwa-says-on-28-gst-proposal-on-online-games-11689060858664.html
mint
‘Gamers must not be taxed the same way as gamblers,’ E-sport body says on 28% GST proposal on online games
Ahead of the 50th GST Council meeting, the EPWA has warned that a proposed 28% GST on online gaming could discourage players and harm the industry.
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A total of 415 million people moved out of #poverty in India within just 15 years from 2005/2006 to 2019/2021, the UN said.
With this data, the UN highlights the remarkable achievement by the world's most populous nation.
https://www.livemint.com/news/india/india-registers-remarkable-reduction-in-poverty-415-million-people-out-of-poverty-level-in-just-15-years-un-11689055801549.html
With this data, the UN highlights the remarkable achievement by the world's most populous nation.
https://www.livemint.com/news/india/india-registers-remarkable-reduction-in-poverty-415-million-people-out-of-poverty-level-in-just-15-years-un-11689055801549.html
mint
India registers remarkable reduction in poverty; 415 million people out of poverty level in just 15 years: UN
India lifted 415 million people out of poverty within 15 years, according to the UN. The achievement was highlighted in the latest update of the Multidimensional Poverty Index. 25 countries, including India, successfully halved their MPI values within the…
#MarutiSuzuki has announced that it holds a 19% market share in the ₹10 lakh to ₹20 lakh vehicle category for the financial year 2022-2023.
The company has reportedly become the number one player in the segment.
Read here: https://www.livemint.com/auto-news/maruti-suzuki-becomes-number-one-player-in-rs-10-lakh-to-rs-20-lakh-vehicle-category-report-11689055554809.html
The company has reportedly become the number one player in the segment.
Read here: https://www.livemint.com/auto-news/maruti-suzuki-becomes-number-one-player-in-rs-10-lakh-to-rs-20-lakh-vehicle-category-report-11689055554809.html
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The van will be operational between Dahisar-Kandivali and will charge a nominal fee for pet cremation. There will be no charges for stray animals.
https://www.livemint.com/news/mumbai-gets-1st-electric-mobile-pet-cremation-van-heres-all-you-need-to-know-11689060906176.html
https://www.livemint.com/news/mumbai-gets-1st-electric-mobile-pet-cremation-van-heres-all-you-need-to-know-11689060906176.html
mint
Mumbai gets 1st electric mobile pet cremation van; here's all you need to know
A mobile pet cremation van has been launched in Mumbai to provide a dignified farewell to deceased pets. The van will be operational between Dahisar-Kandivali and will charge a nominal fee for pet cremation. There will be no charges for stray animals.