Founder and editor-in-chief of #NewsClick #PrabirPurkayastha has been arrested under anti-terror law, Unlawful Activities (Prevention) Act by Delhi Police.

The Delhi Police has also sealed the office of NewsClick in connection with its probe into a case filed under the anti-terror law UAPA following allegations that it received money for pro-China propaganda.

Read here: https://www.livemint.com/news/india/newsclick-raids-editor-in-chief-and-founder-prabir-purkayastha-arrested-11696345235385.html

#PersonalFinance | Bank fixed deposits (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 risks.

Here is a list of banks that offer the highest #FD rates for deposits up to ₹1 crore over various tenures.

#Delhi's air quality index (#AQI) improved to 133, below the threshold of 201 as the Kejriwal government launched the ‘Green War Room’ in the national capital to curb the persisting problem of air pollution in the city.

The city also had satisfactory air quality on Tuesday, that is, 155.

Read here: https://www.livemint.com/news/india/delhis-aqi-below-200-as-green-war-room-strategy-kicks-in-11696387629378.html

#PersonalFinance | A Reit is a trust that owns a pool of income-generating real estate assets held as special purpose vehicles (SPVs).

To be sure, at least 80% of these assets must be completed and income-producing.

Read here: https://www.livemint.com/money/will-return-to-office-give-a-new-lease-of-life-to-reits-11696352582979.html#:~:text=There%20has%20been%20a%20resurgence,work%20from%20home%20amid%20lockdowns.

The forthcoming ICC Men's #CricketWorldCup, set to commence in India on October 5, is predicted to generate a staggering sponsorship revenue of up to $150 million (over ₹1,248 crore), as per reports.

The International Cricket Council (ICC), the global governing entity for cricket, has amassed a portfolio of 20 sponsors and partners for the mega event, as per the publication.

Read here: https://www.livemint.com/sports/cricket-news/icc-world-cup-2023-in-india-to-generate-rs-1-248-crore-in-sponsorship-deals-report-11696396491584.html

UK's struggling fashion retailer #Superdry has announced a joint venture with Mukesh Ambani's #RelianceRetail.

Superdry will sell its intellectual property assets to Reliance Retail for $48.27 million, Reuters news agency reported.

Read here: https://www.livemint.com/companies/news/uks-struggling-fashion-retailer-superdry-to-sell-its-ip-assets-to-mukesh-ambanis-reliance-retail-11696404017122.html

The government has raised subsidy amount for Pradhan Mantri Ujjwala Yojana beneficiaries from ₹200 to ₹300 per #LPG cylinder: Union minister #AnuragThakur during a briefing on Cabinet decisions

Read more: https://www.livemint.com/news/india/govt-increases-lpg-subsidy-to-rs-300-from-rs-200-for-pm-ujjwala-yojana-beneficiaries-details-here-11696413542647.html

#JUSTIN | ED had arrested AAP MP #SanjaySingh after conducting raids today at his residence.

ED raided Singh's home in connection with a money laundering case linked to the Delhi excise policy.

Read more: https://www.livemint.com/news/india/delhi-excise-policy-scam-case-aap-mp-sanjay-singh-arrested-by-ed-in-money-laundering-case-11696421355217.html

#Google has launched its much awaited #GooglePixel8 series at the 2023 Made by Google event.

It features a 6.2-inch Actua display with 120Hz refresh rate, 1400 nits of brightness & is priced at ₹$699

Read more: https://www.livemint.com/technology/gadgets/google-pixel-8-pixel-8-pro-launched-check-price-specs-and-more-11696430696105.html

#MintCharts | ICC Men’s Cricket World Cup is round the corner, with the much-awaited Indo-Pakistan match scheduled for 14 October in Ahmedabad.

Here’s a look at how rare their matches have become in recent years. All matches since 2014 have been at neutral venues.

#PersonalFinance | 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 | Are customers spoilt for choice? Yes, and the number of co-branded credit cards in the market is a good indicator of this.

These cards are typically issued by a bank in association with a retailer, airline, or a hotel. So, Amazon has a tie-up with ICICI, Flipkart with Axis Bank, Swiggy with HDFC, Myntra with Kotak Mahindra Bank & Yatra and IRCTC with SBI, and so on.

Read more: https://www.livemint.com/money/personal-finance/are-customers-spoilt-for-choice-the-problems-with-hdfc-swiggy-credit-card-highlight-the-issues-with-co-branded-cards-11696435042641.html#:~:text=Spends%20on%20the%20card%20made,instead%20of%20the%20promised%2010%25.

The #ICCMensCricketWorldCup will boost India's economy by as much as $2.4 billion, economists at the Bank of Baroda estimate.

According to economists, the event also coincides with the three-month festive season.

Read more: https://www.livemint.com/sports/news/icc-mens-cricket-world-cup-may-boost-india-s-economy-by-2-4-billion-report-11696491868651.html

#TataGroup is in advanced talks with Temasek Holdings Pte to buy back around 20% stake in #TataPlay.

The deal could value the entertainment content distribution platform at more than $1 billion, the news agency report said.

Read here: https://www.livemint.com/companies/news/deal-for-20-tata-play-stake-could-value-unit-at-1b-sources-11696492495087.html

According to the official page of #NobelPrize, #JonFosse was awarded the Nobel laureate award “for his innovative plays and prose which give voice to the unsayable."

Read here: https://www.livemint.com/news/world/nobel-prize-in-literature-2023-awarded-to-norwegian-author-jon-fosse-11696502753222.html

There was much excitement about the first match of #ICCWorldCup2023, but the response on the ground was subdued as many chairs remained empty at the world biggest cricket stadium.

Read here: https://www.livemint.com/sports/cricket-news/icc-world-cup-2023-empty-stands-for-england-vs-new-zealand-opener-sparks-social-media-outrage-11696498388156.html

The Enforcement Directorate has summoned actors #KapilSharma, #HumaQureshi, #HinaKhan in connection with the #MahadevBettingAppCase.

The development came less than a day after fellow actor Ranbir Kapoor was asked to appear before the probe agency for questioning on October 6.

Read here: https://www.livemint.com/news/india/mahadev-betting-app-case-after-ranbir-kapoor-now-ed-summons-kapil-sharma-huma-qureshi-hina-khan-11696518296191.html

#MintCharts | India’s services sector put up a strong show in September. The S&P Global India services Purchasing Managers’ Index (#PMI) stood at 61 last month, up from 60.1 in August. On the other hand, manufacturing activity grew at the slowest pace in five months.

#RBI maintains status quo, keeps #reporate constant at 6.5%

The decision is in-line with expectations of market analysts and economists who widely expect the central bank to keep rates unchanged on India's easing inflation print and maintain its hawkish policy stance.

#RBIMPC #RBIPolicy

Read: https://www.livemint.com/industry/banking/rbi-monetary-policy-committee-meeting-repo-rate-unchanged-at-65-11696565899535.html

#PersonalFinance | Parents in India are starting to plan for their children's future right after childbirth, opening bank accounts and making investments in their names.

If the investment is in a child’s name, parents will hesitate to withdraw it. Capital gains are taxed in the child’s name if the investments are redeemed after they turn 18. It helps parents reduce their tax outgo on long-term investments.

(By Aprajita Sharma)

Read more: https://www.livemint.com/money/personal-finance/start-planning-for-your-children-s-future-investments-tax-benefits-and-more-11696534535835.html#:~:text=But%20if%20the%20investment%20is,on%20long%2Dterm%20investments.%22

#PersonalFinance | Whether you are planning overseas travel or want to send money abroad, it is always a good idea to shop around for the best #forex exchange rate.

Here is a list of INR to USD forex rates offered by some of the major banks and travel aggregators.