X loses daily active users since Musk takeover: CEO Linda Yaccarino
X, formerly known as Twitter, has lost 11.6% of its daily active users since Elon Musk's takeover, dropping to 225 million users. The company aims to achieve profitability by 2024. Key Points
mintNifty, Sensex near all-time highs, but Zerodha CEO Nithin Kamath doesn’t feel like it’s a bull run; here’s why
Zerodha founder and CEO Nithin Kamath pointed at the active NSE clients and social media trends, which are way below their all-time highs. He said that the real competition of Zerodha is not its peers but the bank’s high FD rates. Key Points
FinancialexpressWith 5,357 new cases, active Covid-19 infections in country climb to 32,814
The death toll has increased to 5,30,965 with 11 deaths. While three deaths were reported from Gujarat, two were from Himachal Pradesh and one each from Bihar, Chhattisgarh, Maharashtra, Odisha and Uttar Pradesh besides one reconciled by Kerala, the data updated at 8 am stated. Key Points
The Indian ExpressCoinswitch plans to launch platform for trading of Indian stocks
Coinswitch had earlier announced plans to offer conventional investment products like mutual funds, US stocks, etc., widening its scope beyond cryptocurrencies, which have taken a battering over the last few years. Key Points
Economic TimesKarnataka logs 125 fresh Covid-19 cases, three new deaths
In the last 24 hours, Karnataka recorded 125 new cases of Covid-19 and three deaths related to the virus. The total number of active cases in the state now stands at 436. In the same period, 30 patients were discharged, and a total of 3,155 tests were conducted, including 2,072 RT-PCR and 1,083 Rapid Antigen tests. The positivity rate is reported at 3.96%, and the case fatality rate is at 2.4%. Key Points
Economic Times
active Covid cases in India fall to 4,709
The national COVID-19 recovery rate was recorded at 98.80 per cent, the ministry said. The latest case fatality rate stood at at 1.18 per cent. Key Points
Economic TimesIndia logs 756 fresh Covid cases, active caseload dips to 8,115
India on Sunday logged 756 new Covid-19 cases, while the active cases in the country dipped to 8,115 from 8,675, according to the Union Health Ministry data. With eight deaths which includes two deaths reconciled by Kerala, the death toll has increased to 5,31,832, the data updated at 8 am stated. Key Points
Economic TimesCOVID-19: India reports 1,272 new cases, three deaths
The Covid case tally was recorded at 4.49 crore (4,49,80,674). The active cases now comprise 0.03 per cent of the total infections, while the national COVID-19 recovery rate has been recorded at 98.78 per cent Key Points
FirstpostCOVID-19 | active cases in country dip to 36,244
The active Covid-19 cases now comprise 0.08% of the total infections and the national COVID-19 recovery rate has been recorded at 98.73%, the Ministry said Key Points
The HinduCOVID-19: India logs 7,633 new cases, 11 deaths
The Covid case tally was recorded at 4.47 crore (4,48,34,859). The active cases now comprise 0.14 per cent of the total infections and the national COVID-19 recovery rate has been recorded at 98.68 per cent Key Points
Firstpost
India's active Covid caseload crosses 10,000-mark; daily positivity rate at 3.19%
The weekly positivity rate is 1.39 percent. Key Points
mintIs passive investing becoming a trend in India? Are fund managers losing mojo? Kaustubh Belapurkar anwers
Existing asset managers who have large assets, on an active basis are also augmenting their product bouquet by adding passive strategies if they didn't already have it for two reasons. One is obviously, look at SEBI's mandate of one fund per category. Most of them already have funds within that. So, on the passive side, obviously, you can launch index funds and have a product available for investors who are looking for a passive investing option. Key Points
Economic TimesReliance Jio adds active users at cost to Airtel, Vi’s 2G base
Reliance Jio emerged as the sole telco to gain active mobile users in August 2023, while Bharti Airtel and Vodafone Idea (Vi) experienced declines, as per telecom regulator data. Analysts noted Jio's success in attracting older rivals' 2G users through the popular Jio Bharat feature phone amidst rising demand. Jio expanded its active user base to 417 million with an addition of 1.2 million users, while Airtel and Vi dwindled to 376 million and 199 million, respectively, shedding 0.4 million and 2.9 million active users each. Key Points
Economic TimesRedmi Buds 4 active TWS earbuds launched in India with IPX4 rating: Check price, specifications, more
Xiaomi has released the Redmi Buds 4 active TWS earbuds in India, featuring 12mm dynamic driver, environmental noise cancellation, and up to 30 hours of total playback time. The earbuds are priced at Rs. 1,399, with a special launch discount of Rs. 1,199 until June 23. Key Points
mintMukesh Ambani may take low-cost road in true Jio style to win $540 billion mutual fund industry
Unlike many other countries where the popularity of passive products have surpassed those of traditional active mutual funds, in India exchange traded funds or ETFs have 12% share in total assets under management (AUM). And when you consider retail investors, it is less than 2% of equity AUM, giving the Ambanis huge runway for growth. Key Points
Economic TimesCVS pulls popular allergy and cold medicines because they don't work
Despite accounting for $1.8 billion in annual sales, an FDA panel said medicine containing phenylephrine simply doesn't work. Key Points
InsiderIndia logs 9,355 fresh Covid infections; active cases dip to 57,410
The daily positivity rate has been recorded at 4.08 per cent and the weekly positivity rate is 5.36 per cent. Key Points
The Indian ExpressMonika Halan on busting myths on savings, investment, mutual funds & more
Monika Halan, an analyst, debunks myths about investing in mutual funds. She explains that mutual funds are not a single product but a pipeline that connects investors' money to various investment options like stocks, bonds, gold, and real estate. She emphasizes the importance of considering factors like risk, liquidity, and investment horizon, rather than just focusing on returns. Halan also advises against solely investing in midcaps and smallcaps, as well as expecting guaranteed high returns in the short term Key Points
Economic TimesSecurity grid on borders, hinterlands alert to thwart nefarious designs of Pak-backed elements: J-K DGP
The Director General of Police in Jammu and Kashmir, Dilbag Singh, has stated that the security forces in the region are alert and active in order to counter the actions of Pakistan-backed anti-national elements. Singh emphasized that the people of Jammu and Kashmir desire peace and have recognized the harmful intentions of Pakistan. Key Points
Economic TimesLalu's second daughter in politics? Buzz over debut
When asked about this possibility upon her arrival in Patna on Saturday, the Singapore-based Rohini initially denied any inclination towards active politics, but when the question was reiterated, he intriguingly responded: Dekha jayega bhavishya me kya hota hai. Mujhko kya maloom (Just wait and see what happens in the future. I'm not aware of this). Key Points
Economic Times
India's Glenmark Life Sciences posts 25% rise in Q1 profit on API strength
India's Glenmark Life Sciences (GLEM.NS) reported a near-25% rise in its first-quarter profit on Friday, led by robust growth of its mainstay active pharmaceutical ingredients (API) business in domestic as well as U.S. and European markets. Key Points
ReutersCOVID-19: India logs 1,331 new cases, 11 deaths
At 22,742, the active cases comprise 0.06 per cent of the total infections. The national COVID-19 recovery rate was recorded at 98.76 per cent Key Points
FirstpostCOVID-19: India logs 1,839 new cases, 11 deaths
At 25,178, the active cases comprise 0.06 per cent of the total infections, while the national COVID-19 recovery rate was recorded at 98.76 per cent Key Points
FirstpostCOVID-19: India logs 2,380 new cases, 15 deaths
At 27,212, the active cases comprise 0.06 per cent of the total infections. The national COVID-19 recovery rate was recorded at 98.75 per cent Key Points
FirstpostIndia records over 10,000 new Covid infections, pushes active cases to 63,562
The active cases now comprise 0.14% of the total infections and the national COVID-19 recovery rate has been recorded at 98.67%, the Ministry said. Key Points
The Hindu
active Covid-19 cases in country rise to 6,559: Union Health Ministry
The death toll increased to 5,30,808 with two deaths. While one death was reported by Odisha, another was reconciled by Kerala, the data updated at 8 am stated. Key Points
Financialexpress796 fresh Covid-19 infections in India, active cases cross 5K after 109 days
The death toll increased to 5,30,795 with five fatalities, the data updated at 8 am stated.While Karnataka, Himachal Pradesh, Puducherry and Uttar Pradesh reported one death each, one was reconciled by Kerala. Key Points
FinancialexpressRedmi Watch 3 set to debut in India with dual colour options. Here's what to expect
Xiaomi is set to launch the Redmi Watch 3 active in India on August 1. The smartwatch will feature a rectangular dial with a metallic finish, Bluetooth calling, health monitoring sensors, and over 100 sports modes. It will be water-resistant and offer a battery backup of up to 12 days. Key Points
mintRedmi Watch 5 active smartwatch with Alexa voice assistant launched in India: Price and specifications
The Redmi Watch 5 Active, now available in India for Rs. 2,799, boasts a 2-inch rectangular display, IPX8 water resistance, 18-day battery life, and Bluetooth calling. It features 140+ sports modes, Alexa integration, and compatibility with Android and iOS. Key Points
mintIndonesia’s Mount Merapi unleashes lava as other volcanoes flare up, forcing thousands to evacuate
Merapi is the most active out of more than 120 volcanoes across the country. Indonesia’s Mount Merapi erupted on Sunday, spreading searing gas clouds and... Key Points
The Tribune India
Will it be a good year for Indian rupee? Here’s what Goldman Sachs says
Despite an optimistic forecast, Goldman Sachs suggested that the Indian currency may lag behind its Asian counterparts due to the RBI's active stance in managing inflows. Read to find out what the global brokerage said about the INR's run in 2024. Key Points
India TodayCentre makes Aadhaar-linked pay mandatory for MGNREGS workers, over 1.78 cr ineligible to seek work
Refusing to extend implementation deadline for 5th time, govt says exemption will be given in case of technical snag or Aadhaar-related issue. Congress calls decision 'cruel, anti-poor'. Key Points
ThePrintCovid-19: India reports 44 fresh infections, active cases down at 1475
Around 44,460,942 people have recovered from the infection so far, with 58 recoveries were reported in the last 24 hours. The recovery rate stands at 98.81%. Key Points
mintCOVID-19: India logs 4,282 new cases, 14 deaths
The active cases now constitute 0.11 per cent of the total infections, while the national COVID-19 recovery rate has been recorded at 98.71 per cent, according to the health ministry website Key Points
FirstpostIndia sees further dip in daily Covid tally with 4,282 cases
The number of active cases also dropped to 47,246 - comprising of 0.11 percent of the total infections. | Latest News India Key Points
Hindustan Times
Maharashtra reports 226 new coronavirus cases, zero death; active tally crosses 900-mark
As the gap between the rising new detections and patient recoveries widened, the active tally crossed the 900-mark in the state. The coronavirus death toll remained unchanged at 1,48,426 with no fresh addition to the tally since the previous day, said a department bulletin. Key Points
Economic TimesCRPF data shows sharp drop in number of terrorists killed & active in J&K in 2023 — ‘majority from LeT’
Indian security forces killed 72 terrorists in 2023, compared to 187 in 2022 and 184 in 2021. Number of ‘active’ terrorists is 91, down from 135 in 2022, ThePrint has learnt. Key Points
ThePrintWhite-Collar hiring falls in March amid global woes and shake-up in BFSI sector
The drop broke the sustained positive growth trajectory that was seen in the domestic job market since October, showed the data. The month closed with an active jobs count of 270,000 compared with 300,000 in February. March's active jobs count is also 13% lower than a year ago. Key Points
Economic TimesBest New Year deals 2024: Get up to 49% off on graphic tablets for work
Best New Year deals 2023: Get your creativity going with the help of the best graphic tablets available with heavy discounts on Amazon. Check out the top models and bring home one for yourself. Key Points
mintShould NPS investors opt for active choice or auto choice? HDFC Pension’s Sriram Iyer explains
The National Pension Scheme (NPS) offers two options for investors to manage their asset allocation – active and auto choice. Under the active option, investors have the freedom to actively manage their asset allocation, while auto choice is designed for investors who want to adopt a “set it and forget it” strategy. Three types of auto choice options are available - moderate, conservative and aggressive. Key Points
Economic Times
Rumble Is Part of an 'Active and Ongoing' SEC Investigation
The SEC confirmed to WIRED that the financial regulator has launched an investigation involving Rumble, a “free speech” video platform. The nature of the probe remains unknown. Key Points
WIREDRumble Is Part of an 'Active and Ongoing' SEC Investigation
The SEC confirmed to WIRED that the financial regulator has launched an investigation involving Rumble, a “free speech” video platform. The nature of the probe remains unknown. Key Points
WIREDIndia records 628 fresh Covid-19 cases, active caseload jumps to 4,054, says Health Ministry
Number of people who have recuperated from the disease has risen to 4.44 crore while national recovery rate stands at 98.81%, according to health ministry website. Key Points
ThePrintIndia records 166 fresh cases of COVID-19, active cases tally now at 895
The country's COVID-19 case tally stands at 4,50,03,055 (4.50 crore) and the death toll at 5,33,306 (5.33 lakh), the data updated at 8 am showed. Key Points
ThePrint