#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

Meta Platforms-owned instant messaging service WhatsApp has announced the launch of #WhatsAppChannels in India & over 150 countries.

These will deliver private updates from organizations, sports teams, artists, & thought leaders that people can follow.

Read here: https://www.livemint.com/news/india/whatsapp-launches-channels-major-indian-celebrities-join-11694614222891.html

#Amazon has shared an update on the acceptance of ₹2000 banknotes on cash on delivery services.

As per Amazon's FAQ on ‘using Rs. 2,000 notes for Cash on Delivery (COD) Payments and Cashloads’, the e-commernce company has said that starting from 19 September, they will stop accepting ₹2000 currency notes as cash.

Read more: https://www.livemint.com/news/india/amazon-to-stop-accepting-rs-2000-notes-for-cash-on-delivery-services-from-this-date-details-here-11694656411589.html

Following the successful landing of #Chandrayaan3 on the Moon's South Pole, India is now prepping for a groundbreaking journey to explore 6-kilometre deep ocean waters with its #SamudrayaanMission.

#KirenRijiju, the Ministry of Earth Sciences, recently revealed that #MATSYA6000, a cutting-edge submersible, would be the vehicle for this underwater endeavour.

Read more: https://www.livemint.com/science/news/samudrayaan-matsya-6000-blue-economy-and-more-what-we-know-so-far-about-india-s-deep-sea-mission-11694655492431.html

#Mint20BestFunds | We have hand-picked 20 #mutualfunds for your portfolio that have jumped through hoops of good returns, low risk, good portfolio hygiene and our own qualitative research.

#PersonalFinance

Wholesale price inflation remained in the negative territory for the fifth straight month in August at -0.52%.

In July, the #WPI #inflation was at -1.36%.

Read more: https://www.livemint.com/economy/wpi-inflation-stays-in-negative-for-5th-month-at-0-52-in-august-11694674656676.html

Leading credit card company #Mastercard announced that it has appointed #RajnishKumar, former Chairman of the State Bank of India (SBI), as the Chairman of Mastercard India.

Read here: https://www.livemint.com/companies/news/former-sbi-chairman-rajnish-kumar-appointed-chairman-of-mastercard-india-11694682955927.html

#BreakingNews | An #aircraft crashed at #MumbaiAirport with eight people on board while attempting to land.

The runway excursion took place on Thursday evening as the craft attempted to land on Runway 27 with at 700 m amid heavy rainfall.

Read here: https://www.livemint.com/news/india/aircraft-crashes-at-mumbai-airport-with-8-passengers-on-board-11694693364447.html

The European Central Bank (#ECB) raised its key interest rate to all-time record-high level & signalled this will likely be its final move in a more-than year-long fight against stubbornly high inflation.

Read here: https://www.livemint.com/market/stock-market-news/ecb-hikes-interest-rates-to-record-high-at-4-since-introduction-of-euro-in-1999-signals-end-of-policy-tightening-11694694321335.html

KaleidEO Space Systems, became the first Indian firm to use edge computing for taking hi-resolution image with the help of an orbiting satellite in real-time.

https://www.livemint.com/companies/news/kaleideo-becomes-first-indian-firm-to-demonstrate-edge-computing-in-space-plans-to-launch-satellites-in-2025satsure-11694695003323.html

#MintCharts | The #Brentcrude prices are on the rise again, touching $90 per barrel on Thursday. While #India has benefitted from importing more #oil from #Russia at discounted price following the #Ukrainewar, production cuts to comply with #Opec+ agreement could lead to higher import bills.

Check out today's Plain Facts for more.

#Meta owned #WhatsApp is reportedly considering adding ads to its chat app as the parent company looking for ways to increase revenue.

Teams at Meta have been discussing whether to show ads in lists of conversations with contacts on the WhatsApp chat screen, but no final decisions have been made.

Read more: https://www.livemint.com/technology/apps/whatsapp-explores-ads-in-chat-app-report-11694751900255.html

#AdityaL1Mission: #AdityaL1, India's first solar mission, has successfully performed the fourth earth-bound manoeuvre, #ISRO said today.

As per ISRO, the new orbit attained is 256 km x 121973 km.

Read more: https://www.livemint.com/science/news/isro-aditya-l1-successfully-undergoes-4th-earth-bound-manoeuvre-send-off-from-earth-scheduled-on-this-date-11694742393748.html