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There are fundamental issues in the #power sector that need resolution.

In our special series #PowerShock, this infographic story will tell you about the hits & misses in the sector that have led to this situation 🔻
https://www.moneycontrol.com/news/business/powershock-power-capacity-has-grown-yet-deficit-persists-heres-indias-power-story-in-charts-8571341.html?utm_source=telegram&utm_medium=social

5.2K views06:40

Media is too big

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Vidit Aatrey, Founder & CEO of Meesho said that expectations of #investors have changed and people now want growth with profitability.

Watch the video 📹

5.2K views06:51

Indian #teaprices have dropped by 20% in a month as arrivals increased in #auctions amid subdued demand. 🫖

Read the details 👇
https://www.moneycontrol.com/news/business/commodities/tea-prices-slump-on-higher-output-tepid-demand-at-auctions-8572581.html?utm_source=telegram&utm_medium=social

Tea prices slump on higher output, tepid demand at auctions

While domestic demand has remained flat, exports too have been hit by difficulties in shipping tea to Russia and Iran, the two largest buyers of Indian tea

5.4K views06:52

#DailyData 📊 A look at the number of terror attacks on schools and colleges worldwide from 1970 to 2017.

#TerrorAttack #TexasSchoolMassacre #MassShooting #Texas

5.3K views07:00

#EarningsWithMC: Coal India Limited is expected to report a jump of 45% YoY in its consolidated PAT for the quarter ended March 2022.

Read the details 👇
https://www.moneycontrol.com/news/business/earnings/coal-india-q4-preview-profit-may-increase-45-revenue-15-on-sales-boost-realisations-8572711.html?utm_source=telegram&utm_medium=social

Coal India Q4 Preview | Profit may increase 45%, revenue 15% on sales boost, realisations

The growth is fuelled by higher offtake and better realizations during the quarter.

5.6K views07:02

#TexasShooting: Nearly a decade later, while watching the death toll rise after Tuesday’s shooting at Robb Elementary School in Uvalde, Texas, Neil Heslin, father of a Sandy Hook victim felt defeated.

Read more at 👇
https://www.moneycontrol.com/news/business/its-almost-like-an-instant-replay-newtown-parents-grapple-with-another-school-shooting-8572661.html?utm_source=telegram&utm_medium=social

‘It’s almost like an instant replay.’ Newtown parents grapple with another school shooting

Nearly a decade later, while watching the death toll rise after Tuesday’s shooting at Robb Elementary School in Uvalde, Texas, Neil Heslin, father of a Sandy Hook victim felt defeated

5.5K views07:15

#EarningsWithMC: BPCL is expected to report a 42% YoY decline in net profit to Rs 3,114.8 crore for the quarter ended March.

Read more ⏬
https://www.moneycontrol.com/news/business/earnings/bpcl-q4-results-preview-net-profit-may-fall-42-but-sales-seen-rising-57-8572731.html?utm_source=telegram&utm_medium=social

BPCL Q4 results preview: Net profit may fall 42%, but sales seen rising 57%

BPCL was unable to reap the benefits of a strong demand environment as it was unable to raise prices of retail fuel

5.4K views07:19

#Economy | India, which is the 2nd largest producer of #wheat but accounts for only a 0.47% share of global exports, has prohibited #export but is allowing contracted supplies with valid letters of credit through its ports.

Read more at 👇
https://www.moneycontrol.com/news/business/economy/india-not-a-big-wheat-exporter-needs-to-ensure-food-security-8572571.html?utm_source=telegram&utm_medium=social

'India not a big wheat exporter, needs to ensure food security'

India, with a marginal share of global wheat exports, needs to balance domestic needs with those of friendly countries, sources in the government have said

5.2K views07:34

The era of being rewarded for hypergrowth at any costs is quickly coming to an end with #investors shifting towards companies who can demonstrate current profitability, Sequoia Capital, has told its founders.

Read on 👇
https://www.moneycontrol.com/news/business/startup/sequoias-message-to-founders-focus-on-profitability-growth-at-all-costs-no-longer-rewarded-8572621.html?utm_source=telegram&utm_medium=social

Sequoia’s message to founders: Focus on profitability, growth at all costs no longer rewarded

Sequoia Capital said that Morgan Stanley’s unprofitable Tech Index is down 64 percent since the start of 2022, compared to a 28 percent drop in the technology-heavy Nasdaq index, further signalling a strong preference for companies who can generate cash.

5.2K views07:37

Congress leader Kapil Sibal has quit the Congress and filed nomination papers for the Rajya Sabha with the support of the Samajwadi Party.

Read at ⏬
https://www.moneycontrol.com/news/politics/kapil-sibal-says-he-has-quit-congress-files-rajya-sabha-papers-with-samajwadi-party-support-8573241.html?utm_source=telegram&utm_medium=social

Kapil Sibal says he has quit Congress, files Rajya Sabha papers with Samajwadi Party support

Sibal, a member of Congress' dissenting 'G-23 group', represented senior Samajwadi Party leader Azam Khan in the Supreme Court. Sibal said he quit the Congress on May 16

5.2K views07:42

#MCPersonalFinance: After a big splash of #cryptocurrency ads by #Bollywood stars & celebrities last year, the #advertising watchdog ASCI issued guidelines, & nearly 29 violations have been processed so far.

Kayezad E. Adajania tells us more 👇
https://www.moneycontrol.com/news/business/personal-finance/advertising-watchdog-catches-violations-in-crypto-ads-by-influencers-8572601.html?utm_source=telegram&utm_medium=social

Advertising watchdog catches violations in crypto ads by influencers

After a big splash of cryptocurrency advertisements by Bollywood stars and celebrities last year, the Advertising Standards Council of India issued guidelines, effective April 1. Nearly 29 violations have been processed so far

5.5K views07:43

#MCExclusive ⚡️ The government is looking into rapidly rising #FDI from offshore tax havens such as the #CaymanIslands as possible instances of corporate round-tripping of profits, officials told Moneycontrol.

Subhayan Chakraborty brings us the story 👇
https://www.moneycontrol.com/news/business/economy/exclusive-increasing-fdi-from-tax-havens-such-as-cayman-islands-under-dpiit-radar-8570951.html?utm_source=telegram&utm_medium=social

Exclusive | Increasing FDI from tax havens such as Cayman Islands under DPIIT lens

The Cayman Islands, a famous offshore tax haven, was the fifth largest source of FDI for India in FY22, up from the sixth spot in FY21. The small Caribbean island has outpaced traditional FDI sources such as Japan, the UK and the UAE.

5.3K views08:03

Indian #banks are unlikely to cut back lending to #steel companies despite the likely near-term pressure on their balance sheets due to the govt’s recent #exportdutyhike.

Read the details 👇
https://www.moneycontrol.com/news/business/banks-may-not-cut-lending-to-steel-sector-despite-export-duty-hike-say-rating-agencies-8573541.html?utm_source=telegram&utm_medium=social

Banks may not cut lending to steel sector despite export duty hike, say rating agencies

The government, on May 21, increased the duty on exports of iron ore to 50 percent from 30 percent and imposed 45 percent duty on pellets. It also imposed a 15 percent export duty on hot-rolled and cold-rolled steel products from nil earlier

5.2K views08:09

CoinTracker today announced its foray into the India market with an official product launch.

Starting today, its tax compliance and portfolio tracking products will be available to all #crypto users across the country.

https://www.moneycontrol.com/news/business/cryptocurrency/crypto-tax-firm-cointracker-forays-into-india-8573501.html?utm_source=telegram&utm_medium=social

Crypto tax firm CoinTracker forays into India

The firm said that starting Wednesday, its tax compliance and portfolio tracking products will be available to all crypto users across the country

5.4K views08:11

#AutoWithMC: The next-gen Mahindra Scorpio has finally shed its camouflage to reveal a grown up & premium new #SUV.

See #InPics 📸
https://www.moneycontrol.com/news/photos/automobile/mahindra-scorpio-n-exteriors-unveiled-launch-scheduled-for-june-27-8573031.html?utm_source=telegram&utm_medium=social

5.2K views08:22

#MCPersonalFinance: The Sebi has come up with a host of regulations for passively managed funds, with most of them aimed at improving the #liquidity, tracking error limits & improving disclosures for ETFs & index funds.

Let's take a look at the regulatory changes and their impact on investors. 👇
https://www.moneycontrol.com/news/business/personal-finance/how-sebi-guidelines-on-etfs-and-index-funds-will-impact-investors-8573601.html?utm_source=telegram&utm_medium=social

How Sebi guidelines on ETFs and index funds will impact investors

Market regulator wants to improve liquidity for exchange traded funds (ETFs) and make passive funds more efficient in tracking underlying indices

5.3K views08:28

The Cabinet has likely approved the sale of its entire stake in Hindustan Zinc Limited, CNBC Awaaz has reported today, citing sources.

Read at ⏬
https://www.moneycontrol.com/news/business/cabinet-approves-sale-of-29-5-stake-in-hindustan-zinc-8573901.html?utm_source=telegram&utm_medium=social

Cabinet approves sale of government's 29.5% stake in Hindustan Zinc: Sources

Vedanta Ltd, the parent firm, holds 64.92 percent stake in Hindustan Zinc, while the government holds 29.5 percent stake in the zinc-lead miner.

5.2K views08:34

#TechWithMC: Apple has introduced new #AppleWatch bands to celebrate Pride month in June. 🏳️‍🌈

Here’s how it looks 🤩
https://www.moneycontrol.com/news/technology/apple-introduces-new-apple-watch-pride-edition-bands-8573561.html?utm_source=telegram&utm_medium=social

Apple introduces new Apple Watch Pride Edition bands

In Celebration of Pride month in June, Apple will be introducing two new Pride Edition Sport Loop bands for the Apple Watch

5.1K views08:39

#MCAtDavos ⚡️ Moneycontrol’s Sonal Mehrotra Kapoor in conversation with Amitabh Kant on the success of #India's growth story, electric mobility, & the role of green hydrogen going forward.

Watch the video for more 📹
https://www.moneycontrol.com/news/business/economy/mcatdavos-amitabh-kant-on-indias-growth-story-electric-mobility-green-hydrogen-and-more-8573021.html?utm_source=telegram&utm_medium=social

#MCAtDavos: Amitabh Kant on India's growth story, electric mobility, green hydrogen, and more

In an exclusive conversation with Moneycontrol on the sidelines of the World Economic Forum in Davos, Amitabh Kant, Chief Executive Officer of NITI Aayog, talks about the success of India's growth story, electric mobility, and the role of green hydrogen going…

5.1K views08:47

#Politics | Eight years since the elevation of #NarendraModi, the #BJP, with its allies, has methodically expanded its footprint across the states.

Gulam Jeelani explains how the BJP’s dominance changed the political landscape of India 👇
https://www.moneycontrol.com/news/politics/modi-govt-8-how-the-bjps-dominance-changed-the-political-landscape-of-india-8573811.html?utm_source=telegram&utm_medium=social

Modi Govt @ 8 : How the BJP’s dominance changed the political landscape of India

Today, the BJP and its NDA allies govern 17 states, covering an estimated 44 per cent of the country's territory and 49.6 percent of its population

5.3K views08:48

#MCAtDavos | In an exclusive interview to Moneycontrol on the sidelines of the #WEF in #Davos, Ronnie Screwvala also identified reskilling as the next big thing, saying the world was on an “incredible cusp” of the reskilling revolution.

Read at 👇
https://www.moneycontrol.com/news/business/no-funding-freeze-theres-always-capital-for-good-business-says-ronnie-screwvala-8573551.html?utm_source=telegram&utm_medium=social

No funding freeze, there's always capital for good business, says Ronnie Screwvala

Speaking to MoneyControl at Davos 2022, Screwvala says the world is on an 'incredible cusp' of the reskilling revolution and the next pull in power and economy will come from countries that focus on learning

5.5K views08:58