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
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
https://www.livemint.com/economy/imports-of-uk-bulk-whisky-may-attract-tariff-concessions-11689187645057.html
mint
Imports of UK bulk whisky may attract tariff concessions
The Indian government contends that bulk whisky imports can generate employment by setting up bottling plants in the country
#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
https://www.livemint.com/economy/june-retail-inflation-higher-than-expected-11689187976669.html
mint
June retail inflation higher than expected
A Mint poll of economists had predicted retail inflation measured by the Consumer Price Index (CPI) at 4.6%, against 7.01% a year earlier
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
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
mint
Bank Nifty weekly options expiry shifts to Wednesday from Thursday; All you need to know
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
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
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
mint
Shopify's calendar app calculator shows how much a single meeting costs, aims to cut down on unnecessary meet ups
Shopify has introduced a calculator in its employees' calendar app to estimate the cost per meeting, with a 30-minute meeting potentially costing up to $1,600. The aim is to discourage unnecessary meetings and cut out wasted time.
#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
https://www.livemint.com/market/stock-market-news/stocks-to-watch-tcs-hcl-tech-hdfc-bank-vedanta-spicejet-hindalco-11689207763560.html
mint
Stocks to Watch: TCS, HCL Tech, HDFC Bank, Vedanta, SpiceJet, Hindalco
Wipro, Federal Bank, Angel One, Aditya Birla Money, Unitech, and Sterling and Wilson Renewable Energy will be among the stocks in focus as they will be declaring their quarterly earnings results today.
#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
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.
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
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
https://www.livemint.com/companies/news/steep-tax-to-shrink-prize-pool-dissuade-players-feel-cos-11689189242178.html
mint
Steep tax will shrink prize pool, dissuade players, say gaming firms
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
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
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
mint
Gift Nifty, Asian markets to inflation data - check out key triggers for Indian stock market
In June, US consumer prices advanced 3%, their smallest year-on-year increase since March 2021, after 4% growth in May. The Core inflation, which excludes volatile food and energy prices, also grew 4.8% last month, moderating from a 5.3% increase in May.
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
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
mint
TCS or HCL Tech for short-term after Q1FY24 results? Here is analysts' verdict
TCS and HCL Tech reported lower-than-expected earnings in Q1FY24. TCS had its slowest start to a fiscal year since going public in 2004. TCS reported a 16.84 per cent YoY rise in net profit, but a 2.8 per cent QoQ decline. HCL Tech's net profit rose 7.65…
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
https://www.livemint.com/technology/tech-news/tesla-sets-sights-on-establishing-supply-chain-in-india-report-11689215016677.html
mint
Elon Musk's Tesla looks to set up India factory to support electric cars: Report
Tesla is reportedly in talks with the Indian government to establish its auto parts and electronics chain in the country, as well as seek incentives and tax benefits. The discussions follow a meeting between Tesla CEO Elon Musk and Indian Prime Minister Narendra…
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
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
mint
Wipro Q1 results preview: Topline may fall 1.6% QoQ on weak tech spends; Q2 guidance likely to be muted
Wipro is likely to report around 1.6% sequential decline in revenue in constant currency terms for the IT services segment at around ₹23,000 crore in Q1FY24 given the continued weakness in its banking and consulting business.
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
https://www.livemint.com/market/commodities/gold-price-jumps-as-us-dollar-hits-15-month-low-after-ease-in-us-cpi-data-11689224409038.html
mint
Gold price jumps as US dollar hits 15-month low after ease in US CPI data | Stock Market News
Gold rate today has immediate support at $1,930 per ounce and resistance at $1,960, while silver rate today is oscillating around $24.10 per ounce in international market
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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
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
mint
Mining, mfg drive May factory output to 3-month high
India's factory output growth increased to 5.2% in May, the highest in three months, driven by a strong uptick in mining and manufacturing, according to official data
The National Company Law Tribunal (NCLT) has allowed #GoAirlines India's application to admit one of its vendors Blue Mushroom Infozone under the Corporate Insolvency Resolution Process (CIRP).
https://www.livemint.com/companies/news/go-airlines-can-now-admit-its-vendor-blue-mushroom-infozone-under-cirp-report-11689211105305.html
https://www.livemint.com/companies/news/go-airlines-can-now-admit-its-vendor-blue-mushroom-infozone-under-cirp-report-11689211105305.html
mint
Go Airlines can now admit its vendor Blue Mushroom Infozone under CIRP: Report
The National Company Law Tribunal (NCLT) has allowed Go Airlines India's application to admit Blue Mushroom Infozone under the Corporate Insolvency Resolution Process (CIRP).
#MintCharts | The #GSTCouncil's decision to impose a 28% tax on the entry fee in online real-money #gaming could spell doom for the sector, industry experts argue.
#MintSnapView | The Goods and Services Tax was meant to simplify taxation when it was introduced five years ago. It has ended up doing the opposite. Why is this, and what needs to change?
https://www.livemint.com/opinion/online-views/perverse-incentives-explain-why-gst-is-a-confusing-mess-11689233165575.html
https://www.livemint.com/opinion/online-views/perverse-incentives-explain-why-gst-is-a-confusing-mess-11689233165575.html
mint
Perverse incentives explain why GST is a confusing mess
The Goods and Services Tax was meant to simplify taxation when it was introduced five years ago. It has ended up doing the opposite. Why is this, and what needs to change?
After billionaire #ElonMusk acquired #Twitter Inc in 2022, the microblogging site was hit with a lawsuit accusing it of refusing to pay at least $500 million in promised severance to thousands of employees who were sacked in the layoff drive.
https://www.livemint.com/companies/news/elon-musk-accused-of-not-paying-500-million-in-severance-ex-employees-sue-twitter-11689231419543.html
https://www.livemint.com/companies/news/elon-musk-accused-of-not-paying-500-million-in-severance-ex-employees-sue-twitter-11689231419543.html
mint
Elon Musk accused of not paying $500 million in severance, ex-employees sue Twitter
Twitter is facing a lawsuit accusing it of not paying promised severance to laid-off employees after Elon Musk acquired the company in 2022.
#MukeshAmbani remains India's richest person with a net worth of ₹7.5 lakh crore, while Gautam Adani is his closest rival with a net worth of $61.4 billion.
https://www.livemint.com/news/india/indias-richest-man-mukesh-ambani-holds-the-throne-check-which-tycoons-are-on-the-list-11689228430141.html
https://www.livemint.com/news/india/indias-richest-man-mukesh-ambani-holds-the-throne-check-which-tycoons-are-on-the-list-11689228430141.html
mint
India's richest man: Mukesh Ambani on top; check other tycoons on the list
Mukesh Ambani remains India's richest person with a net worth of ₹7.5 lakh crore, while Gautam Adani is his closest rival with a net worth of $61.4 billion.