The Directorate General of Civil Aviation has imposed a ₹10 lakh fine on #AirIndia for flouting norms.

The regulatory body also issued a show cause to the carrier for failing to provide appropriate protection to travellers who faced flight disruptions.

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

A New York-based software professional has revealed that they gave up a ₹1.69 crore job after the company they were working with asked them to return to office.

The techie is known to be a former employee of #Amazon. They worked as a software development manager in Amazon, which they quit upon being asked to return to office.

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

#MintCharts | #ElonMusk & #MarkZuckerberg, two influential billionaires in charge of influential social media platforms, have a history of rivalry and public bickering. The past year has not been good for Musk’s wealth and businesses. Zuckerberg’s net worth more than tripled to $109 billion, while Musk’s shrank by $9 billion to $195 billion, according to the Bloomberg Billionaires Index.

#IndiGo foresees grounding roughly 35 planes due to powder metal issues, compounding the existing upper forties out of service. This could elevate the total grounded aircraft to over 80 in the January-March quarter of FY24.

Read more: https://www.read.ht/RDfd

#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 risk.

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

#PersonalFinance | Many gullible investors have bought Ulips instead of mutual funds due to various marketing tactics. Ulips, which have mandatory lock-in periods and poor coverages, hide the caveats in fine print, writes Sashind Ningthoukhongjam

Read more: https://www.read.ht/RDhO

#Diwali Muhurat Trading 2023: #StockMarket rules and regulations change over time, but there is one tradition that has survived for long is the six decade-old Diwali Muhurat trading.

Find out here:

https://www.livemint.com/market/stock-market-news/diwali-2023-how-should-you-trade-stocks-gold-commodities-during-special-muhurat-session-11699435632259.html

Nikhil Kamath, who has a net worth of $1 billion according to Forbes, had in July joined ‘The Giving Pledge’ – a platform comprising 240 ultra-rich individuals including Bill Gates and Warren Buffett.

https://www.livemint.com/companies/zerodhas-nikhil-kamath-names-three-bengaluru-entrepreneurs-who-inspired-him-to-donate-majority-of-his-wealth-11699438867852.html

Indian commerce minister #PiyushGoyal will meet Tesla chief #ElonMusk in the United States next week as the two sides look to advance the U.S. carmaker's plan to enter the South Asian market, sources familiar with the plans said.

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

A BTech graduate from Uttar Pradesh used the professional networking platform, LinkedIn, to secure the highest-ever package of her college.

Muskan Agrawal of Indian Institute of Information Technology (IIIT) Una, secured a job as a software development engineer with an annual package of ₹60 lakh, reports.

https://www.livemint.com/news/india/who-is-muskan-agrawal-indias-top-women-coder-who-bagged-rs-60-lakh-job-offer-from-linkedin-11699450475107.html

#MintCharts | The latest official jobs data shows that the share of self-employed has risen in the country. The rise in the self-employed category has worryingly been driven by those identified as “unpaid helpers in household enterprises", who made up 18.3% of the workforce in 2022-23, up from 13.6% in 2017-18.

Check out today’s Plain Facts that dissects the latest Periodic Labour Force Survey (PLFS) report.

#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

#PersonalFinance | #IPO anchor investments by #mutualfunds are not major wealth strategies but rather learning opportunities. Judging a fund's performance solely based on these limited exposures can be misleading, Akshat Rohatgi writes

Read more: https://www.read.ht/REcG

#IndiGo may have to ground planes to the number of around mid-thirties due to the powder metal issue on its Pratt & Whitney fleet, bringing the total grounded planes to over 80 in Q4FY24

(Ameya Joshi reports)

Read more: https://www.read.ht/RDfd

#Bihar CM & Janata Dal (United) leader #NitishKumar had tabled the Bihar caste-based survey report in the Bihar legislative assembly on Tuesday, and had sought a hike in caste quotas.

On Thursday, the Bihar assembly approved hike in quotas for Scheduled Castes, Scheduled Tribes, Other Backward Classes, and Extremely Backward Classes from 50 to 65%.

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

Moody's Investor Services retained #India's economic growth at 6.7% for 2023, citing the country's remarkable resilience amid a global slowdown buoyed by solid domestic demand.

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

The final set of tickets for the ICC Cricket World Cup 2023 semi-finals and final will go live on November 9, announced the BCCI.

Tickets for the key matches – the first semi-final on November 15, the second semi-final on November 16, and the crucial final on November 19 will be available for purchase starting on November 9 at 8 PM.

https://www.livemint.com/sports/cricket-news/tickets-available-for-icc-cricket-world-cup-2023-final-semi-finals-from-today-heres-how-to-book-11699506260138.html

#MintCharts | The festive quarter of October-December this year is expected to be the best-ever festive period for home sales, industry estimates show. #Anarock Property Consultants has predicted a potential 25-30% surge compared to the year-ago period, which saw an estimated 92,164 units sold in the top seven cities.

#PersonalFinance | Planning to study further? Consider taking an #educationloan, even if you have the money available for it. The I-T Tax Act allows you to claim unlimited deductions on interest — a very attractive proposition, writes Aprajita Sharma

Read more: https://www.read.ht/RFQ6

#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.

#SIAM has released numbers for the auto industry performance in October 2023.

As per the data, the total production of Passenger Vehicles, Three-wheelers, Two-wheelers & Quadricycle in October 2023 was 2,621,248 units

#autosales

Read more: https://www.read.ht/RFRv