India's Road Transport Minister #NitinGadkari said today that he plans to propose imposing an additional 10% tax on diesel engine vehicles.

The minister added he will make this proposal to the finance minister later in the day.

Read more: https://www.livemint.com/news/additional-10-gst-pollution-tax-maybe-considered-on-diesel-run-vehicles-and-generators-if-nitin-gadkari-11694500520397.html

After several media report suggested that Centre is likely to impose additional 10% #GST on the sale of diesel vehicles, Road Transport Minister #NitinGadkari clarified ‘there is no such proposal currently under active consideration’.

Read here: https://www.livemint.com/industry/energy/nitin-gadkari-clarifies-reports-on-additional-tax-on-diesel-vehicle-purchase-says-no-such-plans-yet-11694505879214.html

India's retail #inflation eases to 6.83% in August from 15-month high peak in July; remains above RBI's tolerance band.

Read here: https://www.livemint.com/economy/indias-retail-inflation-eases-to-6-83-in-august-from-15-month-high-peak-in-july-remains-above-rbis-tolerance-band-11694518897329.html

India's industrial production rose by 5.7% in July, according to the official data released on Wednesday.

For the month of July 2023, the Quick Estimates of Index of Industrial Production (#IIP) with base 2011-12 stands at 142.0

Read here: https://www.livemint.com/economy/industrial-production-rises-5-7-in-july-11694520023387.html

In a bid to increase efficiency, #Barclays Bank is planning to lay off over 450 employees working in its UK consumer facing unit, reported Bloomberg referring to trade union Unite.

Read here: https://www.livemint.com/companies/news/barclays-bank-to-lay-off-over-450-employees-in-uk-11694525299551.html

#AppleEvent | #AppleWatchSeries9 is here with a new S9 SiP chip, which is termed as the Apple's most powerful chip so far.

The #Apple Watch Series 9 comes with smart features like double tap functionality.

Read here: https://www.livemint.com/technology/apple-event-2023-apple-announces-apple-watch-series-9-with-most-powerful-chip-11694538048264.html

#AppleEvent | #Apple unveiled its latest #iPhone15 and #iPhone15Plus with Dynamic Island feature which was earlier reserved for pro versions of iPhones.

The new set of iPhone 15 comes with 6.1 and 6.7 inch displays built with 75% recycled aluminium and 100% recycled cobalt.

Catch LIVE updates: https://www.livemint.com/technology/tech-news/apple-event-2023-live-updates-the-wonderlust-event-2023-begins-11694479969206.html

#AppleEvent | #Apple claims the new Titanium design is the most premium material used in an iPhone enclosure.

The #iPhone15Pro starts at $999 for 128GB, while Pro Max starts at $1199 for 256GB.

Read here: https://www.livemint.com/technology/tech-news/apple-event-2023-iphone-15-launched-check-all-the-exciting-features-here-11694479969206.html

#Apple announced the launch of Apple Watch Ultra 2 at an event.

#AppleWatchUltra2 has a battery life of up to 36 hours of typical use on a single charge and up to 72 hours if it is used in low-power mode. #AppleEvent

https://www.livemint.com/technology/apple-announces-new-watch-ultra-2-with-battery-life-of-up-to-36-hours-at-rs-66200-11694541560544.html

#AppleEvent | #Apple announced AirPods Pro (2nd generation) with MagSafe Charging (USB‑C).

The company said that #AirPodsPro2 delivers incredible sound quality, up to double the Active Noise Cancellation, an advanced Transparency mode, a more immersive Spatial Audio experience, and an expanded range of ear tip sizes for an even better fit.

Read here: https://www.livemint.com/technology/gadgets/apple-event-2023-apple-lauches-airpods-pro-2-with-magsafe-charging-11694543618543.html

#NASA's James Webb Space Telescope may have stumbled upon tentative evidence suggesting signs of life on a distant exoplanet, K2-18b.

The telescope may have detected the presence of a molecule known as dimethyl sulphide (DMS), a substance only produced by life.

Read more: https://www.livemint.com/science/nasas-james-webb-telescope-detects-possible-signs-of-life-on-distant-exoplanet-k218b-11694565830379.html

#PersonalFinance | Handa, Datta, Agarwal &Tangirala are among the few people who have a lot of time on their hands, thanks to FIRE. The acronym stands for financial independence, retire early.

Mint interviewed them to find out how they have taken advantage of FIRE.


Read more: https://www.livemint.com/money/personal-finance/early-retirement-how-these-individuals-achieved-financial-independence-and-retired-early-11694539032829.html#:~:text=Handa%2C%20Datta%2C%20Agarwal%20and%20Tangirala,have%20taken%20advantage%20of%20FIRE

#PersonalFinance | Bank #fixeddeposits (FDs) continue to be popular investment products not just among senior citizens, who are looking for guaranteed income, but also among investors who can't stomach risk. But overexposure to FDs is not good, and you need to assess your asset allocation & goals to decide how much money you should park in them.

Here's a list of banks that offer the highest FD rates for deposits up to Rs 1 crore over various tenures.

Parliament employees are all set to carry new uniforms with an ‘Indian’ touch from next week, the beginning of a five-day special session.

The new uniform for the Parliament staff includes khaki-colored pants, Nehru jackets, cotton sarees, kurta pajamas, and others.

#ParliamentSpecialSession

Read more: https://www.livemint.com/news/india/parliament-staff-gets-new-uniforms-with-indian-touch-ahead-of-special-session-see-images-11694572966392.html

North Korean leader #KimJongUn has arrived at a cosmodrome in Russia's Far East on Wednesday for a meeting with Russian President #VladimirPutin. The Russian President welcomed Kim and said he was “very glad to see" him.

“Russia to help North Korea build satellites. We will discuss all the issues," said Putin as quoted by Russian news agencies.

Read more: https://www.livemint.com/news/india/putin-meets-kim-says-russia-to-help-north-korea-build-satellites-11694580664669.html

#BlueDart Express Limited has rebranded its newly revamped service, formerly known as Dart Plus as #BharatDart.

Read more: https://www.livemint.com/companies/news/blue-dart-rebrands-dart-plus-service-to-bharat-dart-11694588473314.html

#MintCharts | Rajasthan registered the highest #retailinflation at 8.6% in August, way higher than the national average of 6.83%. #Inflation was high in Haryana and Telangana too, at 8.27% each. Meanwhile, Goa recorded the lowest inflation at 2.95%.

#Apple officially launched its #iPhone15 series at the #Wonderlust event on Tuesday, ending months of speculation about the company's latest generation of smartphones.

The new products unveiled by Apple include the new iPhones - iPhone15, iPhone 15 Plus, iPhone 15 Pro, iPhone 15 Pro Max along with Apple Watch Series 9, Apple Watch Ultra 2 and AirPods Pro with USB-C charging support.

Check the full price list 👇

#AppleEvent

Read more: https://www.livemint.com/technology/gadgets/apple-iphone-15-series-starts-in-india-from-rs-79-900-onwards-check-full-price-list-11694570516869.html

Electric vehicle maker #Tesla Inc plans to source components worth $1.7-$1.9 billion from India and has already sourced parts worth $1 billion, India's trade minister #PiyushGoyal said at an auto conference.

Read here: https://www.livemint.com/companies/news/tesla-plans-to-source-parts-worth-1-7-1-9-billion-from-india-piyush-goyal-11694603449515.html

#AdaniGroup is in talks with banks to refinance debt taken on to fund its purchase of Ambuja Cements Ltd, with lenders divided into three categories in what could be one of Asia’s largest syndicated loan deals of the year.

Read here: https://livemint.com/companies/news/adani-in-talks-with-global-banks-for-3-5-billion-loan-in-one-of-top-asia-loans-in-2023-report-11694606077987.html

Edtech giant #Byju’s, allegedly hid $533 million in an obscure three-year-old hedge fund, according to lenders trying to recover the cash.

The allegations are the latest twist in an increasingly public battle between Byju’s, & lenders who claim the $533 million is collateral for a $1.2 billion loan.

Read here: https://www.livemint.com/companies/news/byjus-allegedly-hid-533-million-in-obscure-hedge-fund-claim-lenders-in-lawsuit-report-11694574815031.html