#PersonalFinance | A house in probably the biggest spend for most Indians. And with urban population increasing manifold, buying a house in a large city, which is where most jobs are likely to be, has become difficult - the main obstacle being cost. 🏡
Here are the prices of some properties in bands.
Here are the prices of some properties in bands.
Signalling systems along India’s sprawling rail network will turn fully electronic over the next six years as part of a ₹1 trillion plan to avert the kind of errors that led to the Balasore rail tragedy in June.
https://www.livemint.com/economy/railways-plans-1-tn-signal-system-recast-11689101622602.html
https://www.livemint.com/economy/railways-plans-1-tn-signal-system-recast-11689101622602.html
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Railways plans ₹1 tn signal system recast
Fully electronic system to slash maintenance, avert tampering
#Mauritius-based foreign portfolio investors (FPIs) trading Indian derivatives are under heightened scrutiny by the Indian tax department.
https://www.livemint.com/economy/fpis-from-mauritius-under-taxman-s-lens-11689102932679.html
https://www.livemint.com/economy/fpis-from-mauritius-under-taxman-s-lens-11689102932679.html
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FPIs from Mauritius under taxman’s lens
Several FPIs have received queries from the tax department seeking additional details related to ‘commercial substance’ and control residing in Mauritius
The ministry of corporate affairs has begun an inspection of the books of edtech firm #Byju’s as corporate governance concerns mount following the resignation of its auditor as well as three shareholder directors.
https://www.livemint.com/companies/news/centrebegins-inspection-into-byju-s-financials-11689102384510.html
https://www.livemint.com/companies/news/centrebegins-inspection-into-byju-s-financials-11689102384510.html
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Centre begins inspection into Byju’s financials
MCA has begun an inspection of Think and Learn Pvt. Ltd on a suo moto basis
The demand for high-end vehicles is primarily being driven by a growing salaried luxury consumer base, and new offerings.
https://www.livemint.com/companies/news/luxury-car-market-in-india-poised-for-record-year-salaried-luxury-consumers-and-new-offerings-drive-demand-11689099690658.html
https://www.livemint.com/companies/news/luxury-car-market-in-india-poised-for-record-year-salaried-luxury-consumers-and-new-offerings-drive-demand-11689099690658.html
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Luxury car sales clock new record in Jan-Jun
The luxury car market in India is on track for its best year ever, with Mercedes Benz and Audi experiencing strong sales growth in the first half of 2023. The demand is driven by a growing salaried luxury consumer base and new offerings, including electric…
The Global Biofuel Alliance (GBA) will boost global trade and secure availability of biofuels, said the union minister for petroleum and natural gas Hardeep Singh Puri.
https://www.livemint.com/industry/energy/global-biofuel-alliance-to-boost-global-trade-puri-11689103650785.html
https://www.livemint.com/industry/energy/global-biofuel-alliance-to-boost-global-trade-puri-11689103650785.html
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Global Biofuel Alliance to boost global trade: Puri
The minister said the alliance will provide a boost to global trade, secure the supply and availability of biofuels and coordinate internationally recognized standards and codes
The Bank of England said that Britain's economy was proving resilient to the risks posed by higher interest rates, although it would take time for the full impact to feed through.
https://www.livemint.com/economy/britains-economy-resilient-to-higher-interest-rates-says-bank-of-england-uk-economy-11689143724179.html
https://www.livemint.com/economy/britains-economy-resilient-to-higher-interest-rates-says-bank-of-england-uk-economy-11689143724179.html
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Britain's economy resilient to higher interest rates, says Bank of England
The UK's economy is resilient to higher interest, said the Bank of England in its half-yearly Financial Stability report
Official remakes of iconic Indian films 'Bawarchi', 'Mili', and 'Koshish' have been announced.
Anushree Mehta and Abir Sengupta from Jaadugar Films, along with Sameer Raj Sippy from SRS Productions, will collaborate to produce these highly anticipated projects.
https://www.livemint.com/news/official-remakes-of-70s-bollywood-classics-bawarchi-mili-koshish-by-gulzar-hrishikesh-mukherjee-announced-11689139635987.html
Anushree Mehta and Abir Sengupta from Jaadugar Films, along with Sameer Raj Sippy from SRS Productions, will collaborate to produce these highly anticipated projects.
https://www.livemint.com/news/official-remakes-of-70s-bollywood-classics-bawarchi-mili-koshish-by-gulzar-hrishikesh-mukherjee-announced-11689139635987.html
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Official remakes of 70's Bollywood classic movies ‘Bawarchi’, ‘Mili’, ‘Koshish’ announced
Official remakes of iconic Indian films 'Bawarchi', 'Mili', and 'Koshish' have been announced. The films will be jointly produced by Anushree Mehta, Abir Sengupta, and Sameer Raj Sippy.
The taxation decision could deal a blow to online gaming companies. Industry regulators and stakeholders expressed shock, saying the tax risks making online gaming businesses unviable in India.
https://www.livemint.com/economy/stiff-tax-on-gross-revenue-spooks-online-gaming-cos-11689104333306.html
https://www.livemint.com/economy/stiff-tax-on-gross-revenue-spooks-online-gaming-cos-11689104333306.html
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Stiff tax on gross revenue spooks online gaming cos
Industry regulators and stakeholders expressed shock, saying the tax risks making online gaming businesses unviable in India
If you haven’t yet renewed your passport ahead of an international trip, prepare to pay plenty to fix the problem.
https://www.livemint.com/specials/passports-what-to-know-about-renewal-times-prices-and-global-entry-11689104445026.html
https://www.livemint.com/specials/passports-what-to-know-about-renewal-times-prices-and-global-entry-11689104445026.html
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Passports: What to Know About Renewal Times, Prices and Global Entry
Travelers should expect longer waits to get their passports renewed—but there are options to speed up the process
Novak Djokovic tied Roger Federer's record with his 46th Grand Slam men's semifinal appearance, winning against Andrey Rublev.
He is aiming for his fifth consecutive Wimbledon title and eighth overall, as well as his 24th career major trophy.
https://www.livemint.com/sports/tennis-news/wimbledon-novak-djokovic-equals-roger-federers-record-says-of-course-im-the-favourite-11689128206592.html
He is aiming for his fifth consecutive Wimbledon title and eighth overall, as well as his 24th career major trophy.
https://www.livemint.com/sports/tennis-news/wimbledon-novak-djokovic-equals-roger-federers-record-says-of-course-im-the-favourite-11689128206592.html
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Wimbledon: Novak Djokovic equals Roger Federer's record, says ‘of course, I'm the favourite’
Novak Djokovic tied Roger Federer's record with his 46th Grand Slam men's semifinal appearance, winning against Andrey Rublev. He is aiming for his fifth consecutive Wimbledon title and eighth overall, as well as his 24th career major trophy.
Critics praise Christopher Nolan's film Oppenheimer, calling it audacious, inventive, complex, and a character study on a grand scale.
The star-studded cast includes Matt Damon, Robert Downey Jr., Emily Blunt, Cillian Murphy, and Florence Pugh.
https://www.livemint.com/industry/media/oppenheimer-review-critics-say-this-might-be-christopher-nolans-best-film-to-date-11689129137643.html
The star-studded cast includes Matt Damon, Robert Downey Jr., Emily Blunt, Cillian Murphy, and Florence Pugh.
https://www.livemint.com/industry/media/oppenheimer-review-critics-say-this-might-be-christopher-nolans-best-film-to-date-11689129137643.html
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Oppenheimer review: Audiences gives thumbs up, critics say Christopher Nolan's best film to date
Christopher Nolan's film Oppenheimer receives rave reviews from critics on social media. The star-studded cast and intricate historical drama have impressed viewers.
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Traders and hedgers on #HDFC have been warned by their brokers to exit all their derivatives positions in the mortgage financier by July 12 or face compulsory delivery in the underlying HDFC stocks.
https://www.livemint.com/market/stock-market-news/brokers-alert-clients-to-close-out-hdfc-f-o-contracts-by-12-july-11689105506584.html
https://www.livemint.com/market/stock-market-news/brokers-alert-clients-to-close-out-hdfc-f-o-contracts-by-12-july-11689105506584.html
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Brokers alert clients to close out HDFC F&O Contracts by 12 July
This is pursuant to the merger of HDFC with HDFC Bank taking effect from 1 July and the bank and HDFC fixing 13 July as the record date for ascertaining the shareholders of HDFC who will be eligible to receive shares of the merged HDFC Bank
The Indian economy seems relatively better placed than peers amid fears of a global recession and more interest rate hikes by central banks of developed economies.
https://www.livemint.com/market/mark-to-market/global-recession-fears-what-sets-indias-economy-apart-from-the-rest-11689143886859.html
https://www.livemint.com/market/mark-to-market/global-recession-fears-what-sets-indias-economy-apart-from-the-rest-11689143886859.html
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Global recession fears: What sets India's economy apart from the rest?
A series of high-frequency indicators, such as manufacturing data, capex from state and central governments, and tax receipts, both direct and indirect, have been on an uptick recently. These all bolster the health and promise of India's economic landscape
#TCS earned ₹11,074 crore in Q1FY24 which was up 16.8 per cent YoY while the company's revenue for the quarter stood at ₹59,381 crore, rising 12.6 per cent YoY.
https://www.livemint.com/market/stock-market-news/tcs-q1fy24-earnings-six-key-highlights-from-the-it-majors-june-quarter-scorecard-11689161726681.html
https://www.livemint.com/market/stock-market-news/tcs-q1fy24-earnings-six-key-highlights-from-the-it-majors-june-quarter-scorecard-11689161726681.html
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TCS Q1FY24 earnings: Six key highlights from the IT major's June-quarter scorecard
TCS Q1FY24 net profit rose 16.84 per cent YoY but fell 2.8 per cent QoQ. The operating margin declined 130 basis points. UK leads growth in major markets. Life sciences and healthcare lead growth in industrial segments. TCS adds 523 employees in Q1FY24. Interim…
In February 2022, #Razorpay had acquired a majority stake in #KualaLumpur-based #fintech Curlec at a valuation of $20 million with an aim to fuel its global expansion plans.
Read here: https://www.livemint.com/companies/news/razorpay-launches-first-international-payment-gateway-in-malaysia-through-curlec-11689161875110.html
Read here: https://www.livemint.com/companies/news/razorpay-launches-first-international-payment-gateway-in-malaysia-through-curlec-11689161875110.html
#India's #CPI #inflation rises for the first time in five months to 4.81% in June 2023. Also, the rise in inflation is higher than the street's expectations.
Read here: https://www.livemint.com/news/india/cpi-inflation-rises-higher-than-estimates-to-4-81-in-june-2023-food-inflation-jumps-449-11689163917567.html
Read here: https://www.livemint.com/news/india/cpi-inflation-rises-higher-than-estimates-to-4-81-in-june-2023-food-inflation-jumps-449-11689163917567.html
Gold, silver prices surge by about ₹200 each as dollar dips; check prices
Read here: https://livemint.com/market/gold-and-sliver-prices-surges-by-rs-195-and-rs-200-each-as-dollar-dips-check-prices-11689169142705.html
Read here: https://livemint.com/market/gold-and-sliver-prices-surges-by-rs-195-and-rs-200-each-as-dollar-dips-check-prices-11689169142705.html
The #IT major's profit after tax declined by 11.27 per cent in Q1FY24 as against a profit of ₹3,983 crore recorded in the preceding March quarter of fiscal 2022-23.
https://www.livemint.com/companies/company-results/hcl-tech-q1-results-5-key-highlights-from-the-it-majors-june-quarter-scorecard-11689171322848.html
https://www.livemint.com/companies/company-results/hcl-tech-q1-results-5-key-highlights-from-the-it-majors-june-quarter-scorecard-11689171322848.html
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HCL Tech Q1 Results: 5 key highlights from the IT major's June quarter scorecard
India’s third largest IT services firm HCL Tech reported 7.6 per cent year-on-year growth in consolidated net profit in the first quarter of fiscal 2023-24.
#US and Canadian authorities continue to investigate the cause of the horrifying incident that killed five people in mid-June.
https://www.livemint.com/news/india/did-titan-submersible-occupants-know-their-fate-ahead-of-implosion-spanish-expert-says-11689164453907.html
https://www.livemint.com/news/india/did-titan-submersible-occupants-know-their-fate-ahead-of-implosion-spanish-expert-says-11689164453907.html
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Did Titan submersible occupants know their fate ahead of implosion? Spanish expert says…
Occupants of the ill-fated Titan submersible that imploded in the North Atlantic Ocean last month may have known of their fate a full minute ahead of the implosion.