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
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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
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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
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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
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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
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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
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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.
Large-cap IT company #HCL Technologies Ltd posted weak June quarter (Q1FY24) earnings, disappointing on key metrics.
In constant currency terms, Q1 revenue fell 1.3% sequentially, missing analysts’ expectations.
https://www.livemint.com/market/mark-to-market/for-hcl-tech-meeting-fy24-guidance-could-be-a-tall-order-11689224293658.html
In constant currency terms, Q1 revenue fell 1.3% sequentially, missing analysts’ expectations.
https://www.livemint.com/market/mark-to-market/for-hcl-tech-meeting-fy24-guidance-could-be-a-tall-order-11689224293658.html
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For HCL Tech, meeting FY24 guidance could be a tall order
The HCL management has maintained its 6-8% constant currency revenue growth and 18-19% Ebit margin guidance for FY24
#NaviTechnologies, a non-banking financial company startup established by Sachin Bansal, the founder of Flipkart, has reportedly undertaken a recent workforce reduction, resulting in the termination of over 250 employees, 20% of its workforce.
Read here: https://www.livemint.com/companies/news/sachin-bansals-navi-technologies-lays-off-20-employees-11689235123256.html
Read here: https://www.livemint.com/companies/news/sachin-bansals-navi-technologies-lays-off-20-employees-11689235123256.html
#MintCharts | At 6.58%, Tripura clocked the highest consumer price inflation in June, followed by Tamil Nadu and Uttarakhand. Chhattisgarh recorded the lowest #inflation at 1.24%.
#ISRO is prepared to launch its third lunar exploration mission, #Chandrayaan-3 on Friday, July 14 at 2.35 pm from the Satish Dhawan Space Centre in #Sriharikota.
https://www.livemint.com/science/how-larsen-toubro-helped-isro-s-lunar-mission-chandrayaan-3-find-out-here-11689231240968.html
https://www.livemint.com/science/how-larsen-toubro-helped-isro-s-lunar-mission-chandrayaan-3-find-out-here-11689231240968.html
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How Larsen & Toubro helped ISRO’s lunar mission ‘Chandrayaan 3’, find out here
ISRO is set to launch its third lunar mission, Chandrayaan-3, on July 14. Larsen & Toubro has been a key contributor to India's space program, manufacturing critical booster segments and other hardware components.
#BrijBhushan had appeared before a government-appointed Oversight Committee where he denied all charges, cited #Yoga exercises and reverse breathing as the reasons to check breathing pattern of the wrestler.
Read here: https://www.livemint.com/news/brij-bhushan-denies-inappropriate-contact-with-wrestler-cites-yoga-exercise-to-check-breathing-report-11689245475686.html
Read here: https://www.livemint.com/news/brij-bhushan-denies-inappropriate-contact-with-wrestler-cites-yoga-exercise-to-check-breathing-report-11689245475686.html
Known for his novels that explored identity and political power, #Kundera's work illuminated the complexities of life with irony and intellectual rigor.
https://www.livemint.com/news/world/exiled-due-to-soviet-rule-how-is-milan-kundera-relevant-today-11689245732434.html
https://www.livemint.com/news/world/exiled-due-to-soviet-rule-how-is-milan-kundera-relevant-today-11689245732434.html
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Exiled due to Soviet rule, how is Milan Kundera relevant today?
Milan Kundera, the renowned Czech writer, passed away at the age of 94. Known for his novels that explored identity and political power, Kundera's work illuminated the complexities of life with irony and intellectual rigor.
#TCS vs #Wipro Q1 Results: What's working and what's not for #IT majors
Read here: https://livemint.com/companies/company-results/tcs-vs-wipro-q1-results-after-muted-june-quarter-earnings-check-whats-working-whats-not-for-it-majors-11689245473437.html
Read here: https://livemint.com/companies/company-results/tcs-vs-wipro-q1-results-after-muted-june-quarter-earnings-check-whats-working-whats-not-for-it-majors-11689245473437.html
The countdown for the launch of the #Chandrayaan-3 mission began on Thursday, July 13, at 14:35 IST ahead of take-off on Friday from the Satish Dhawan Space Centre in #Sriharikota, #AndhraPradesh.
https://www.livemint.com/news/chandrayaan3-launch-countdown-begins-for-indias-3rd-moon-mission-from-sriharikota-11689252429894.html
https://www.livemint.com/news/chandrayaan3-launch-countdown-begins-for-indias-3rd-moon-mission-from-sriharikota-11689252429894.html
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Chandrayaan-3 launch: Countdown begins for India’s 3rd moon mission from Sriharikota
India's upcoming moon exploration mission, Chandrayaan-3, is set to launch on July 14, positioning India as the fourth nation to successfully land a spacecraft on the moon
#Hollywood actors have decided to join the ongoing writers strike in the film industry, likely to bring about the first industry-wide shutdown in 63 years.
https://www.livemint.com/industry/media/hollywood-to-shut-down-actors-join-protest-as-double-strike-threatens-to-bring-all-projects-to-a-halt-11689253748736.html
https://www.livemint.com/industry/media/hollywood-to-shut-down-actors-join-protest-as-double-strike-threatens-to-bring-all-projects-to-a-halt-11689253748736.html
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Hollywood to shut down? Actors join protest as ‘double strike’ threatens to bring all projects to a halt
Hollywood actors are set to join the writers strike, potentially causing the first industry-wide shutdown in 63 years. Negotiations have failed, and a mass strike vote is expected on Thursday. The strike, if it happens, could bring all ongoing television…
#IT giant #Wipro's chairman #RishadPremji said, the company is excited about the possibilities that #AI brings and has been investing ahead of the curve to understand and leverage its power and to create multiple solutions for clients.
https://www.livemint.com/companies/news/artificial-intelligence-game-to-strategic-investments-key-things-that-wipros-chairman-rishad-premji-said-in-77th-agm-11689260870955.html
https://www.livemint.com/companies/news/artificial-intelligence-game-to-strategic-investments-key-things-that-wipros-chairman-rishad-premji-said-in-77th-agm-11689260870955.html
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Artificial Intelligence game to strategic investments: Key things that Wipro's chairman Rishad Premji said in 77th AGM
Wipro's chairman, Rishad Premji, highlighted the company's investment in AI and its plans to integrate AI into all platforms and solutions, while also emphasizing the importance of strong governance. The company recently completed its largest-ever buyback.
The announcement came amid reports that #Tesla was discussing an investment proposal to make about half a million electric vehicles annually at a local factory.
Read here: https://www.livemint.com/news/india/no-tax-waiver-for-tesla-says-official-as-elon-musk-led-company-mulls-manufacture-of-500-000-evs-in-india-11689263304178.html
Read here: https://www.livemint.com/news/india/no-tax-waiver-for-tesla-says-official-as-elon-musk-led-company-mulls-manufacture-of-500-000-evs-in-india-11689263304178.html
A successful mission would see #India enter an elite club of nations achieving such a feat, the others being the #UnitedStates, #China and the former #SovietUnion.
https://www.livemint.com/news/india/isros-chandrayaan-3-mission-to-place-india-among-top-players-former-isro-scientist-nambi-narayanan-top-10-points-11689305097697.html
https://www.livemint.com/news/india/isros-chandrayaan-3-mission-to-place-india-among-top-players-former-isro-scientist-nambi-narayanan-top-10-points-11689305097697.html
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‘Chandrayaan-3 mission to place India among top players,’ says former ISRO scientist Nambi Narayanan. Top 10 points
The Chandrayaan-3 mission by ISRO is set to launch from Sriharikota on July 14. It aims to achieve a soft landing on the moon, increasing India's potential in space science.
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#TCS, #HCLTech, #Wipro give cautious guidance; what should investors do?
Read here: https://livemint.com/market/stock-market-news/tcs-hcl-tech-wipro-give-cautious-guidance-what-should-investors-do-with-these-stocks-after-the-subdued-q1fy24-results-11689310382354.html
Read here: https://livemint.com/market/stock-market-news/tcs-hcl-tech-wipro-give-cautious-guidance-what-should-investors-do-with-these-stocks-after-the-subdued-q1fy24-results-11689310382354.html
`#India's #Chandrayaan-3 mission is scheduled to take off from the Satish Dhawan Space Centre in #Sriharikota, #AndhraPradesh, at 2.35 PM IST today.
https://www.livemint.com/science/news/chandrayaan3-launch-significance-of-indias-moon-mission-when-will-it-reach-the-moon-11689311547057.html
https://www.livemint.com/science/news/chandrayaan3-launch-significance-of-indias-moon-mission-when-will-it-reach-the-moon-11689311547057.html
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Chandrayaan-3 launch: Significance of India's moon mission. When will it reach the moon?
Chandrayaan-3 Mission: The Indian Space Research Organisation (ISRO) is set to launch the Chandrayaan-3 mission on July 14, aiming to land a rover on the moon's surface to study it.