Mint Business News - Official Channel

2023-06-10 08:20:38 #RBI’s latest step is to let #RuPay issue foreign currency cards, so far available only to rival card networks. Experts have termed this as an attempt by the central bank to internationalize RuPay.



Read here: https://www.livemint.com/news/india/rbi-aims-to-bring-rupay-on-par-with-global-card-rivals-11686329599339.html Open / Comment

2023-06-10 07:31:42 Besides forged documents, there is also a rise in cases of students taking up jobs and becoming untraceable.

https://www.livemint.com/education/news/foreign-study-hot-spots-turn-up-scrutiny-as-visa-abuses-surface-11686336786054.html Open / Comment

2023-06-09 18:43:49 State-run insurer Life Insurance Corp of India (#LIC) has hiked its stake by 2% in Steel Authority of India Ltd (SAIL) between October, 2021 and March 2023.

https://www.livemint.com/companies/news/lic-raises-stake-in-sail-by-2-11686324916114.html Open / Comment

2023-06-09 18:43:40 The global aviation industry has been facing shortage of new aircraft, engine and other aircraft parts due to supply chain issues but it has also started impacting the availability of crew uniform at airlines now.

https://www.livemint.com/companies/news/supply-chain-issues-result-in-uniform-shortage-for-vistara-crew-11686322331940.html Open / Comment

2023-06-09 11:31:55 #Opinion | With economic conditions in such a Goldilocks-like scenario, #RBI would do well to make the best of it and strengthen its institutional credibility. #RBIPolicy

Read here: https://www.livemint.com/opinion/online-views/rbi-has-done-well-not-to-waiver-from-inflation-11686243051858.html Open / Comment

2023-06-09 11:05:02 Benchmark #Nifty50 index is slowly striving to reclaim its all-time closing high of 18,813 seen in December 2022.

On Thursday, the index closed just a percent away from that level. But valuations are getting steeper.

https://www.livemint.com/market/mark-to-market/as-nifty-eyes-new-highs-india-s-valuations-become-a-sore-point-11686243885705.html Open / Comment

2023-06-09 11:04:45 #Opinion | Innovation in policy and education is necessary to regulate a world clouded by uncertainty amid fast-evolving technology.

https://www.livemint.com/opinion/columns/governance-must-keep-pace-with-an-increasingly-unknown-future-11686247330616.html Open / Comment

2023-06-09 11:04:34 IBBI has also proposed to give more flexibility to creditors to come up with their claims after a company is admitted into bankruptcy proceedings.

https://www.livemint.com/companies/ibbi-seeks-changes-to-empower-investors-11686244602239.html Open / Comment

2023-06-09 11:04:25 #Gold rate today edged higher in early morning deals amid market buzz of US Fed interest rate-pause.

https://www.livemint.com/market/commodities/gold-silver-rate-edge-higher-on-us-feds-rate-pause-buzz-should-you-buy-now-11686283948522.html Open / Comment

2023-06-09 08:16:48 #Hiring activity in May declined by 7% YoY, according to Foundit Insights Tracker, due to economic slowdown and cost-cutting.

Only three sectors saw an increase in demand, with HR & Admin roles witnessing an 8% growth.

Read here: https://www.livemint.com/economy/hiring-activity-sees-slowdown-in-may-as-recruitment-falls-7-yoy-tier-2-cities-show-resilience-report-11686281728019.html Open / Comment