Mint Business News - Official Channel

2023-07-24 13:24:38 Julius Robert Oppenheimer was offered Indian citizenship by India's first prime minister Jawaharlal Nehru in 1954. This came after Oppenheimer's humiliation in 1954 over his statements against nuclear weapons.

https://www.livemint.com/news/india/was-julius-robert-oppenheimer-offered-indian-citizenship-by-jawaharlal-nehru-find-out-here-11690182845725.html Open / Comment

2023-07-24 13:24:20 #MintPlainFacts | Back-to-office mandates are driving the demand for office space, but it’s being held back by a slowdown in hiring.

Read here: https://livemint.com/industry/why-demand-for-office-space-is-experiencing-a-lull-11690125375672.html Open / Comment

2023-07-24 13:24:08 The Centre notified an 8.15% annual rate of interest on deposits under the EPF scheme for financial year 2022-23, following the recommendations of the Central Board Trustees of EPF.

https://www.livemint.com/money/personal-finance/centre-notifies-8-15-rate-of-interest-for-fy23-under-epf-scheme-11690184014075.html Open / Comment

2023-07-24 13:24:00 #MintPrimer | #Smartphone sales in India have been falling, with the entry & mid-tier segment the most impacted. In the first half of 2023, overall sales dropped below the 50-million-unit mark.

Why are sales declining & what do we expect for the rest of the year?

Mint finds out: https://livemint.com/news/india/why-smartphone-shipments-are-slipping-in-india-11690134758176.html Open / Comment

2023-07-24 10:36:20 Twitter CEO Linda Yaccarino shared the new #Twitter logo via a post today. There has been much speculation around the rebranding of the Twitter logo from the Blue Bird to X.

Showcasing the new Twitter logo via a post, CEO Linda Yaccarino wrote, “X is here! Let’s do this."

Read here: https://www.livemint.com/technology/tech-news/new-twitter-logo-finalized-ceo-linda-yaccarino-says-let-s-do-this-11690178824593.html Open / Comment

2023-07-24 09:44:06 #BreakingNews | Supreme Court orders that Varanasi District Court's direction for ASI survey of #GyanvapiMosque should not be enforced till 5 PM on July 26.

SC passes the order to allow the Masjid Committee to approach the Allahabad HC against the District Court in the meantime.

Read here: https://www.livemint.com/news/india/gyanvapi-mosque-live-asi-gyanvapi-mosque-complex-survey-live-updates-11690166475841.html Open / Comment

2023-07-24 09:22:25 Bankers said a clutch of lenders have been discussing their stand on Vedanta & are uncomfortable with high dividends to help its London-based parent Vedanta Resources deleverage.

https://www.livemint.com/companies/news/vedantas-dividend-payouts-to-parent-concern-lenders-11690136077673.html Open / Comment

2023-07-24 09:22:16 #Opinion | Given high dependence on monsoon rains and inefficiencies in supply chains, food #inflation in India will remain volatile for the foreseeable future.

https://www.livemint.com/opinion/online-views/factory-item-prices-must-cool-for-lasting-inflation-relief-11690127734002.html Open / Comment

2023-07-24 09:22:02 #PersonalFinance | T- Bills are risk free securities since they come with a government guarantee and are issued at a discount to the face value.

https://www.livemint.com/money/personal-finance/investing-in-t-bills-a-superior-alternative-to-fds-for-indian-investors-11690128448109.html Open / Comment

2023-07-24 09:21:50 Banks in India wrote off bad loans totaling more than ₹2.09 lakh crore during the FY23, according to information obtained through Right to Information (RTI) queries.

https://www.livemint.com/industry/banking/banks-write-off-over-rs-2-09-lakh-crore-bad-loans-in-fy23-rs-10-57-lakh-crore-written-off-in-the-last-five-years-11690172407086.html Open / Comment