India's consumer price index (#CPI)-based #inflation, or retail inflation, might have risen above the #RBI's tolerance limit of 6% in November, from 4.87% in October, according to Barclays' estimates.

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

Billionaire #GautamAdani has climbed to the 15th spot in the Bloomberg Billionaire Index (BBI) as of Dec 6, reaching within close distance of India's and Asia's richest man #MukeshAmbani.

With net worth of $82.5 billion, the Adani Group founder is now the world's 15th richest person and the second richest Indian and Asian on the list

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

Artificial intelligence startup Haptik, a part of Reliance Jio Infocomm, launched a dedicated generative-AI platform for clients to build virtual assistants and back-end information support.

Called ‘Contakt’, the platform is already seeing a number of pilot deployments, which the company said would grow over time.

https://www.livemint.com/news/india/jiobacked-haptik-launches-generative-ai-platform-for-building-chatbots-11701864901143.html

#SamAltman was named CEO of the Year 2023 by TIME magazine.

Sam Altman marked ‘10-out-of-10 crazy thing to live through’ when he had to spend a rather strange Thanksgiving- losing a company he co-founded, only to be reinstated after five frantic days.

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

#MintCharts | India's derivatives market thrives with 58.54 billion contracts traded on NSE's equity derivatives, surpassing cash market volumes. Yet, challenges persist amidst the excitement.

Check out today's Plain Facts to know more.

#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

Congress leader #AnumulaRevanthReddy took oath as the second Chief Minister of Telangana following the party's victory in the recently concluded Assembly elections.

Read more: https://www.read.ht/RT6m

#MintCharts | As many as 87% of the MLAs elected across the five states that went to polls recently are crorepatis, a sharp increase from 82% in 2018. The share of those worth ₹5 crore or more increased from 33% to 45%. The prevalence of super-rich MLAs was the highest in Telangana, with 68% being worth ₹5 crore or more, up from 46%

#PersonalFinance | Marcellus founder Saurabh Mukherjea faces investor concerns & weekly ₹40 crore PMS outflows amid performance challenges but maintains confidence, introducing a new global consistent compounders strategy - writes Neil Borate

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

#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.

#MintDataBytes | How much does it cost to rent a 2BHK flat in metro cities?

Take a look!

The Reserve Bank of India's MPC has kept repo rates unchanged at 6.5%, RBI Governor Shaktikanta Das announced today.

The MPC maintained the policy stance as 'withdrawal of accommodation' by 5 out of 6 majority. The announcements are in line with expectations.

#RBIPolicy #RBIMPC

Read more: https://www.read.ht/RUC6

India's foreign exchange reserves continued to remain high for the straight third week and rose to more than a four-month high of $604.04 billion as of December 1, data from the Reserve Bank of India (RBI) showed.

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

Founders of stockbroking platform #Zerodha - brothers Nithin and Nikhil Kamath collectively withdrew ₹195.4 crore as compensation in fiscal 2022-23 (FY23).

According to a report, the Zerodha co-founders and whole-time directors took home ₹72 crore each as their annual remuneration during FY23.

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

#BestoftheWeek | Elections & market sentiment, criminal lawmakers? Adani v. Hindenburg, bob World's fiasco and L&T's future looks bright; here's a look at Mint's best works from the week gone by.

(Nikhil Kanekal writes)

https://www.livemint.com/weekend/mints-best-of-the-week-polls-and-markets-governance-and-performance-sustainability-and-dystopia-11702071614784.html

PM #NarendraModi retained his position as the world's most popular leader with an approval rating of 76%, as per the data released by US-based consultancy firm ‘Morning Consult’ on December 7.

Mexico President Andrés Manuel López Obrador is ranked second on the list with an approval rating of 66%

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

Google Doodle commemorated the birthday of Brazilian rock singer and musician Cássia Eller on Sunday, renowned for her significant contributions to rock and música popular Brasileira (MPB).

As per the description, Eller, an openly bisexual artist, is celebrated as an authentic and inspiring figure in the LGBTQ+ community. The Doodle, crafted by guest artist Amanda Lobos from Vila Velha, pays tribute to her legacy.

https://www.livemint.com/news/world/google-doodle-celebrates-brazilian-singer-c-ssia-ellers-61st-birthday-11702169040364.html

Union Home Minister Amit Shah said India has grown exponentially on every front over the past one decade due to the farsighted and visionary leadership of Prime Minister Narendra Modi.

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

IT sector CEOs have once again reigned supreme in terms of remuneration compared to their counterparts in other industries, with a majority of the top 10 highest paid CEOs in the country belonging to the sector.

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

#MintCharts | Close to 109,000 new companies were set up in the first seven months of the ongoing financial year.

The number of new companies being formed has progressively increased in recent years. At the current pace, the year looks set to end with more companies registered than the record 165,402 of 2022-23.

Today's hashtag #MintMetric by Bibek Debroy!