#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

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

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

#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

#ElonMusk announces the formation of xAI, an alternative to #ChatGPT, with a goal to understand the true nature of the universe.

The team includes executives from #Google's #DeepMind, #Microsoft and #Tesla, along with academics from the #UniversityOfToronto.

Read here: https://www.livemint.com/news/world/elon-musk-announces-new-company-xai-set-to-build-chatgpt-alternative-11689178734707.html

Chandrayaan-3 countdown begins tomorrow: 10 things to watch out for

Read here: https://livemint.com/science/news/chandrayaan3-countdown-begins-tomorrow-10-things-to-watch-out-for-11689182045643.html

India is considering offering higher tariff concessions for bulk whisky imports compared to bottled whisky as part of the ongoing India-UK free-trade agreement negotiations.

https://www.livemint.com/economy/imports-of-uk-bulk-whisky-may-attract-tariff-concessions-11689187645057.html

#RetailInflation, which cooled steadily for four months, leapt to a higher-than-expected 4.81% in June, driven by rising food and vegetable prices.

https://www.livemint.com/economy/june-retail-inflation-higher-than-expected-11689187976669.html

The #NSE has announced that starting from September 4, 2023, the weekly expiry day for Bank Nifty futures & options contracts will change to Wednesday from Thursday.

Check the revised expiry dates for contracts:

https://www.livemint.com/market/stock-market-news/nifty-bank-weekly-options-expiry-revised-to-wednesday-from-thursday-know-the-revised-dates-for-contracts-11689185840304.html

Leading global commerce company, Shopify Inc, has introduced a calculator in its employees' calendar app which will estimate the cost per meeting taking place between three or more people.

https://www.livemint.com/companies/news/shopifys-calendar-app-calculator-shows-how-much-a-single-meeting-costs-aims-to-cut-down-on-unnecessary-meet-ups-11689175457019.html

#StocksToWatch | Here are the top 10 stocks that could be in focus in today's trade:

https://www.livemint.com/market/stock-market-news/stocks-to-watch-tcs-hcl-tech-hdfc-bank-vedanta-spicejet-hindalco-11689207763560.html

#PersonalFinance | Retrieving unclaimed amount across financial assets has become a challenge. Help is available for claiming shares/dividends/MFs/bank deposits. Insurance industry needs a leg up.

Read here: https://livemint.com/money/personal-finance/unclaimed-assets-worth-crores-the-hidden-fortune-that-could-be-yours-11689182412097.html

#PersonalFinance | We have hand-picked 20 #mutualfunds for your portfolio that have jumped through hoops of good returns, low risk, good portfolio hygiene & our own qualitative research.

We have restricted the choice universe to 10 categories out of the total 37 & given you at least two options to pick from each.

#Opinion | From creators of national symbols, we can also learn the importance of consistency in creating powerful symbols.

Except in extreme cases of a country’s breakup, it’s almost unheard-of for a nation-state to change the design of its national flag or the tune of its national anthem.

Read here: https://www.livemint.com/opinion/online-views/learn-the-art-of-communication-from-indian-leaders-11689176671702.html

An analysis by Mint reveals that while the tax on the entire entry fee may not directly impact the companies’ revenue from platform fees, it will lead to a smaller pool size and, subsequently, fewer players.

https://www.livemint.com/companies/news/steep-tax-to-shrink-prize-pool-dissuade-players-feel-cos-11689189242178.html

Asian markets traded mostly higher on Thursday following gains in US stocks after cooling inflation in the world’s largest economy bolstered hopes that the Federal Reserve could end its interest rate hikes soon.

https://www.livemint.com/market/stock-market-news/gift-nifty-asian-markets-to-inflation-data-check-out-key-triggers-for-indian-stock-market-11689211303913.html

IT giants #TCS and #HCLTech fell short of the Street's expectations for the first quarter earnings (Q1FY24). TCS saw the slowest start to a fiscal year since it went public in 2004.

https://www.livemint.com/market/stock-market-news/with-tcs-q1-results-hcl-tech-q1-results-in-focus-which-stock-should-you-buy-11689215293467.html

Tesla has engaged in talks with officials from the Indian government to explore the potential establishment of its auto parts and electronics chain in India, as well as to seek incentives and tax benefits.

https://www.livemint.com/technology/tech-news/tesla-sets-sights-on-establishing-supply-chain-in-india-report-11689215016677.html

Weak demand continues for #Wipro in Q1FY24 with technology and BFSI verticals more impacted due to macro weakness.

https://www.livemint.com/companies/company-results/wipro-q1-results-preview-topline-may-fall-1-6-qoq-on-weak-tech-spends-q2-guidance-likely-to-be-muted-11689218991911.html

Following US dollar index slide to 15-month low on easing US inflation, #goldprice today ascended in early morning deals in Asian and Indian markets.

https://www.livemint.com/market/commodities/gold-price-jumps-as-us-dollar-hits-15-month-low-after-ease-in-us-cpi-data-11689224409038.html

India’s factory output growth rose to 5.2% in May, from 4.5% in April, registering a three-month high due to a strong uptick in mining and manufacturing, official data released on Wednesday showed.

https://www.livemint.com/news/india/indias-factory-output-growth-reaches-three-month-high-of-5-2-in-may-mining-and-manufacturing-drive-expansion-11689183632898.html