Nine of India’s top 10 software services firms, employing more than 2 million engineers, have seen their workforce shrink in the six months to 30 September, the first time in more than 25 years, as clients in the US and Europe cut spending amid rising economic and geopolitical risks.

Read here: https://read.ht/QuJa

In India's booming #startup ecosystem, female founders have also turned their entrepreneurship journeys into successful businesses.

According to a report by WISER's Women's in India's Startup Ecosystem Report, #women-led startups have risen to 18% in India in the past five years.

Read here: https://www.read.ht/QuBN

Indian refiners are likely to import #crudeoil from #Venezuela at a discounted rate after the US eased sanctions on oil from the Latin American country, according to a report by S&P Global Commodity Insights.

Read here: https://www.read.ht/QuOI

#TataMotors wins Singur land case, entitled to recover ₹ 766 crore from West Bengal

Read here: https://www.read.ht/QuPc

The Enforcement Directorate (ED) has summoned Delhi CM #ArvindKejriwal for questioning in an excise policy-linked money-laundering case on November 2, official sources said on Monday.

Read here: https://www.read.ht/Qucq

#LionelMessi who is the #FIFAWorldCup-winning Argentina legend was awarded for the eighth time with the prestigious Ballon d'Or award on October 30.

The award that serves as a tribute to the legend for his outstanding performance over the years as he is set to have the final moments of his career, reported ANI.

Read here: https://www.read.ht/Quhx

Space-tech company Skyroot Aerospace has raised $27.5 million (about ₹225 crore) in a pre-Series C funding round led by Singapore-based investment firm Temasek, confirming India’s status as a rising private space-tech power.

https://www.livemint.com/companies/start-ups/space-policy-has-been-a-game-changer-in-india-s-private-space-tech-arena-skyroot-co-founder-pawan-kumar-chandana-11698732544514.html

Reliance Industries chairperson #MukeshAmbani on Monday morning received a third death threat email in which the sender demanded a ransom of ₹400 crore.

It is pertinent to note that he is the same sender who sent two such emails on October 27 and demanded ₹200 crore from Ambani.

Read here: https://www.read.ht/QuiS

#PersonalFinance | Working couples are choosing to keep finances separate as it gives them greater autonomy over their earnings. Combining finances gives tax perks & helps in achieving common goals better, say experts.

Read here: https://www.read.ht/QumE

State Bank of India has come together with #RelianceRetail to roll out Reliance SBI Card.

Cardholders will get the benefit from Reliance Retail’s extensive presence and large portfolio of brands.

#SBI

Read more: https://www.livemint.com/money/personal-finance/sbi-card-joins-hands-with-reliance-retail-for-launch-of-reliance-sbi-card-details-here-11698753976687.html

#MintCharts | The average home loan outstanding per borrower has been increasing in all cities. In Mumbai, the most expensive property market in India, the amount stood at Rs 33.4 lakh, showed RBI data. Bengaluru is in the second spot with an outstanding loan amount of ₹28.3 lakh in March 2022.

#PersonalFinance | A house is probably the biggest spend for most Indians. And with urban population increasing manifold, buying a house in a large city, which is where most jobs are likely to be, has become difficult - the main obstacle being cost.

Determining a property's value is difficult. Our compilation of property prices of prominent localities in major cities & surrounding areas across India may help you compare and make a informed decision.

Here are the prices of some properties across three bands.

Oil Marketing Companies (OMCs) increased the prices of commercial #LPG cylinders by ₹100 in various locations throughout the country.

It is to be noted that this marks the second price hike for commercial LPG cylinders in the past two months. The hike will come into effect from November 1.

Read more: https://www.livemint.com/market/commodities/lpg-cylinder-price-surged-by-rs-100-check-details-here-11698808700214.html

#MintCharts | Lively consumption patterns and increased spending are typical characteristics of India’s annual festival season. After the trend took a hit during the pandemic years, a rebound was expected in 2023. But the festive spending cheer has not materialized yet, suggests the latest consumer survey by pollster Axis My India. A majority of respondents to the survey said they were planning to spend less than the previous year.

#PersonalFinance | #TriggerSIPs offer investors the flexibility to time their investments— certain market conditions act as triggers that activate or deactivate investments. We delve into the limitations of Trigger SIPs and why these may not always be the ideal investment strategy.

(Akshat Rohatgi writes)

Read more: https://www.livemint.com/money/personal-finance/how-trigger-sips-can-affect-your-investment-strategy-11698854752421.html#:~:text=Trigger%20SIPs%20offer%20investors%20the,falls%20by%20a%20certain%20level

#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

Chairman of HCL Technologies #ShivNadar retained the title of ‘India’s most generous' for the third straight year as he donated ₹2,042 crore during the fiscal year 2022-23, as per EdelGive Hurun India Philanthropy List 2023.

Read here: https://www.read.ht/QyLe

Government agencies have warned that pollution levels could worsen in #Delhi-NCR over the next few days as the smoky haze blanketed the national capital on Thursday due to a surge in farm fires and unfavourable weather conditions. #DelhiAirPollution

Read here: https://www.read.ht/QySS

#SamBankmanFried has been found guilty on all seven counts related to fraud and money laundering. He is the co-founder & former CEO of crypto exchange #FTX & trading firm Alameda Research.

A New York jury convicted him of fraud in a scheme that cheated customers and investors of at least $10 billion.

Read more: https://www.livemint.com/market/cryptocurrency/ftx-co-founder-sam-bankman-fried-found-guilty-of-fraud-and-money-laundering-11698972355615.html

#PersonalFinance | Futures & Options (F&O) trading has surged in popularity, prompting tax considerations. Tax authorities view F&O earnings as business income. Traders debate whether to file under section 44AD using ITR-4 or opt for ITR-3, paying taxes at individual slab rates and allowing for capital gains declaration. Aprajita Sharma finds out the details.



Read more: https://www.livemint.com/money/personal-finance/which-itr-form-should-you-use-to-report-f-o-income-11698943561029.html#:~:text=The%20way%20out%20is%20to,trading%20income%20in%20ITR%2D3

#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's a list of INR to USD forex rates offered by some of the major banks & travel aggregators.