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(AP Photo/Aijaz Rahi)","webStoryImage":null,"url":"/sports/olympics-news/india-vs-spain-live-updates-hockey-bronze-medal-match-paris-olympics-2024-ind-vs-esp-8-aug-harmanpreet-amit-alejandro-11723113270152.html","authors":["Livemint"],"agency":"","tags":[],"keywords":["India vs Spain","Hockey","Paris Olympics","Paris Olympics 2024","Men's Hockey Bronze Medal","Hockey Paris Olympics","India vs Spain hockey Live Streaming","Olympics 2024","India hockey Olympics","paris 2024","paris olympics news","mens single"],"section":"Sports","subSection":"olympics news","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":null,"alternateUrls":[],"externalUrl":null,"subSectionL2":"","premiumStory":false,"elementCount":18,"elements":[]},{"id":11723114947601,"title":"NHPC stock falls 16% from peak but Kotak Institutional sees another 32% drop – here's why","articleType":"story","firstPublishedDate":"2024-08-08T11:43:29+0000","lastPublishedDate":"2024-08-08T11:43:29+0000","expiryDate":null,"type":"story","timeToRead":3,"headline":"NHPC stock falls 16% from peak but Kotak Institutional sees another 32% drop – here's why","summary":"NHPC reported standalone revenue of  \u003cspan class='webrupee'\u003e₹\u003c/span\u003e24 billion (a 6% decline year-on-year and a 46% increase quarter-on-quarter), EBITDA of  \u003cspan class='webrupee'\u003e₹\u003c/span\u003e12.8 billion (down 8% year-on-year but up 73% quarter-on-quarter), and a PAT of  \u003cspan class='webrupee'\u003e₹\u003c/span\u003e10.2 billion (a 3% drop year-on-year but a 47% rise quarter-on-quarter).","mobileHeadline":"NHPC stock falls 16% from peak but Kotak Institutional sees another 32% drop","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/08/08/600x338/g40fb866498a6c785f4433edfad3f97f2440862cb6cad0b5e3_1723115215969_1723115216303.jpg","thumbnail":"https://www.livemint.com/lm-img/img/2024/08/08/140x140/g40fb866498a6c785f4433edfad3f97f2440862cb6cad0b5e3_1723115215969_1723115216303.jpg","caption":"NHPC stock falls 16% from peak but Kotak Institutional sees another 32% drop – here's why","webStoryImage":null,"url":"/market/stock-market-news/nhpc-stock-plunges-16-from-recent-peak-kotak-expects-another-32-drop-amid-project-delays-11723114947601.html","authors":["A Ksheerasagar"],"agency":"","tags":[],"keywords":["Markets","NHPC","NHPC stock price","NHPC stock delivered multibagger performance","NHPC share price delivered multibagger performance","NHPC Q1FY25 earnings","Should you buy NHPC stock after Q1FY25 earnings","NHPC Capex","Renewable Energy stocks","Renewable Energy stocks list","Top Renewable Energy stocks","Best Renewable Energy stocks","NHPC stock top news","Stocks to buy for medium terms","Stocks to buy for short term"],"section":"Markets","subSection":"Stock Markets","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":null,"alternateUrls":null,"externalUrl":null,"subSectionL2":"","premiumStory":false,"elementCount":9},{"id":11723111214082,"title":"Stock market today: Nifty 50, Sensex resume their slide; 5 key factors that weighed on Indian stock market sentiment","articleType":"story","firstPublishedDate":"2024-08-08T10:01:17+0000","lastPublishedDate":"2024-08-08T11:13:46+0000","expiryDate":null,"type":"story","timeToRead":5,"headline":"Stock market today: Nifty 50, Sensex resume their slide; 5 key factors that weighed on Indian stock market sentiment","summary":"Stock market today: The Nifty 50 closed with a loss of 181 points, or 0.74 per cent, at 24,117, while the Sensex settled at 78,886.22, down 582 points, or 0.73 per cent.","mobileHeadline":"Nifty 50 resumes slide; 5 key factors that weighed on stock market sentiment","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/08/08/600x338/g87f371c884fbe867268d2da9eacfc8fef830a8c54c60a792f_1723112130946_1723112131167.jpg","thumbnail":"https://www.livemint.com/lm-img/img/2024/08/08/140x140/g87f371c884fbe867268d2da9eacfc8fef830a8c54c60a792f_1723112130946_1723112131167.jpg","caption":"Stock market today: Nifty 50, Sensex resume their slide; 5 key factors that weighed on Indian stock market sentiment (Image: Pixabay)","webStoryImage":null,"url":"/market/stock-market-news/stock-market-today-nifty-50-sensex-resume-their-slide-why-cant-the-indian-stock-market-hold-gains-11723111214082.html","authors":["Nishant Kumar"],"agency":"","tags":[],"keywords":["Stock market today","Indian stock market","Nifty 50 today","Sensex today","midcaps today","smallcaps today","BSE mcap"],"section":"Markets","subSection":"Stock Markets","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":null,"alternateUrls":null,"externalUrl":null,"subSectionL2":"","premiumStory":false,"elementCount":10},{"id":11723058708816,"title":"The government’s job creation plan is flawed on multiple counts","articleType":"story","firstPublishedDate":"2024-08-08T05:00:01+0000","lastPublishedDate":"2024-08-08T05:00:01+0000","expiryDate":null,"type":"story","timeToRead":4,"headline":"The government’s job creation plan is flawed on multiple counts","summary":"\u003cul\u003e\u003cli\u003eThe budget’s employment-linked and other job generation schemes acknowledge a severe crisis, but are too onerous to work and err by looking at job creation in isolation of economic growth. Outsourcing the task to the private sector with unrealistic schemes won’t help.\u003c/li\u003e\u003c/ul\u003e","mobileHeadline":"The government’s job creation plan is flawed on multiple counts","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/08/07/600x338/2-0-649409183-GettyImages-90530245-0_1680252656549_1723060583942.jpg","thumbnail":"https://www.livemint.com/lm-img/img/2024/08/07/140x140/2-0-649409183-GettyImages-90530245-0_1680252656549_1723060583942.jpg","caption":"The employment-linked scheme for first-timers promises to pay  \u003cspan class='webrupee'\u003e₹\u003c/span\u003e15,000 to every new employee in three instalments. ","webStoryImage":null,"url":"/opinion/online-views/job-creation-private-sector-budget-2024-employment-linked-schemes-epfo-non-farm-jobs-economic-growth-public-expenditure-11723058708816.html","authors":["Himanshu"],"agency":"","tags":[],"keywords":["job creation","employment","private sector","employment linked incentives","EPFO","budget 2024","non farm employment","economic grwoth","public expenditure"],"section":"Opinion","subSection":"Views","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":null,"alternateUrls":null,"externalUrl":null,"subSectionL2":"","premiumStory":true,"elementCount":1},{"id":11723058549425,"title":"A new regime in Dhaka: Let’s reboot India-Bangladesh relations","articleType":"story","firstPublishedDate":"2024-08-08T03:00:18+0000","lastPublishedDate":"2024-08-08T03:00:18+0000","expiryDate":null,"type":"story","timeToRead":3,"headline":"A new regime in Dhaka: Let’s reboot India-Bangladesh relations","summary":"\u003cul\u003e\u003cli\u003eWhile India has legitimate concerns of a potentially anti-India shift in Bangladesh, the ascent of Muhammad Yunus as the head of its interim government holds out the hope that New Delhi could reset ties on a durable new basis.\u003c/li\u003e\u003c/ul\u003e","mobileHeadline":"A new regime in Dhaka: Let’s reboot India-Bangladesh relations","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/08/07/600x338/2-0-94855162-MuhammadYunus-4C--0_1681729975996_1723060082775.jpg","thumbnail":"https://www.livemint.com/lm-img/img/2024/08/07/140x140/2-0-94855162-MuhammadYunus-4C--0_1681729975996_1723060082775.jpg","caption":" Muhammad Yunus is best known for his work in the field of microfinance.","webStoryImage":null,"url":"/opinion/online-views/muhammad-yunus-bangladesh-unrest-sheikh-hasina-dhaka-interim-government-value-chains-11723058549425.html","authors":["Livemint"],"agency":"","tags":[],"keywords":["muhammad yunus","bangladesh unrest","dhaka","sheikh hasina","bangladesh interim government","value chains"],"section":"Opinion","subSection":"Views","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":null,"alternateUrls":null,"externalUrl":null,"subSectionL2":"","premiumStory":true,"elementCount":1}]},{"id":11698656272637,"name":"News","design":"common_collection","type":"collection","subType":null,"externalUrl":"https://www.livemint.com/news","jsonSourceUrl":null,"lastPublishedDate":"2024-08-08T12:52:56+0000","tags":[],"navigation":null,"content":[{"id":11722991957649,"title":"Bangladesh news LIVE updates: Hundreds of Hindus make failed bid to enter India","articleType":"story","firstPublishedDate":"2024-08-07T01:08:29+0000","lastPublishedDate":"2024-08-08T12:45:41+0000","expiryDate":null,"type":"liveblog","timeToRead":28,"headline":"Bangladesh news LIVE updates: Hundreds of Hindus make failed bid to enter India","summary":"Bangladesh news LIVE updates: Bangladesh is likely to get an interim government on Thursday. Meanwhile, hundreds of Bangladeshis gathered at border with India seeking refuge.\u0026nbsp;\u0026nbsp;\u0026nbsp;","mobileHeadline":"Bangladesh news LIVE: Hindu Jagran Manch stages protest in Kolkata","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/08/08/600x338/BANGLADESH-PROTESTS--37_1723084665332_1723084690980.JPG","thumbnail":"https://www.livemint.com/lm-img/img/2024/08/08/140x140/BANGLADESH-PROTESTS--37_1723084665332_1723084690980.JPG","caption":"Bangladesh news LIVE updates: Interim Prime Minister Muhammad Yunus is set to return to Dhaka on Thursday. 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He said the Bill was introduced after “extensive consultation” and does not “interference in the freedom of any religious institution.”","mobileHeadline":"'Waqf Board Bill doesn't take but give rights': Kiren Rijiju counters Oppn","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/08/08/600x338/PTI08-08-2024-000264B-0_1723108436775_1723108463523.jpg","thumbnail":"https://www.livemint.com/lm-img/img/2024/08/08/140x140/PTI08-08-2024-000264B-0_1723108436775_1723108463523.jpg","caption":"Waqf Board Bill: New Delhi: Union Minister Kiren Rijiju speaks in the Lok Sabha during the Monsoon session of Parliament, in New Delhi, Thursday, Aug. 8, 2024. The BJP-led government introduced the Waqf (Amendment) Bill in the Lok Sabha on Thursday.","webStoryImage":null,"url":"/news/india/waqf-board-bill-give-rights-kiren-rijiju-defends-inheritance-muslims-opposition-congress-tdp-bjp-congress-parliament-11723108400992.html","authors":["Livemint"],"agency":"","tags":[],"keywords":["Waqf Board Bill","waqf bill","waqf board amendment bill 2024","waqf act","kiren rijiju","waqf bill 2024","what is waqf bill","what is waqf board","waqf","waqf board amendment bill","waqf amendment bill 2024","india today","Rahul Gandhi"],"section":"News","subSection":"India","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":null,"alternateUrls":null,"externalUrl":null,"subSectionL2":"","premiumStory":false,"elementCount":7}]},{"id":11698394957985,"name":"Markets","design":"common_collection","type":"collection","subType":null,"externalUrl":"https://www.livemint.com/market","jsonSourceUrl":null,"lastPublishedDate":"2024-08-08T12:58:12+0000","tags":[],"navigation":null,"content":[{"id":11723120541002,"title":"These stock picks were no ticket to paradise","articleType":"story","firstPublishedDate":"2024-08-08T12:56:16+0000","lastPublishedDate":"2024-08-08T12:56:16+0000","expiryDate":null,"type":"story","timeToRead":4,"headline":"These stock picks were no ticket to paradise","summary":"Losing stocks outweighed the seven columnist picks that beat the S\u0026amp;P 500 during Heard on the Street’s annual stock-picking contest.","mobileHeadline":"These stock picks were no ticket to paradise","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/08/08/600x338/stocks_1723121467894_1723121468172.png","thumbnail":"https://www.livemint.com/lm-img/img/2024/08/08/140x140/stocks_1723121467894_1723121468172.png","caption":"A long-term study by Hendrik Bessembinder shows that half of all excess returns for American stocks over risk-free Treasury securities were created by just 83 companies from 1926 to 2019. (Image: Pixabay)","webStoryImage":null,"url":"/market/stock-market-news/these-stock-picks-were-no-ticket-to-paradise-11723120541002.html","authors":[],"agency":"WSJ","tags":[],"keywords":["Nvidia stock","Gap shares","stock picks","stock market investing","Magnificent Seven stocks","VinFast"],"section":"Markets","subSection":"Stock Markets","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":null,"alternateUrls":null,"externalUrl":null,"subSectionL2":"","premiumStory":true,"elementCount":1},{"id":11723114947601,"title":"NHPC stock falls 16% from peak but Kotak Institutional sees another 32% drop – here's why","articleType":"story","firstPublishedDate":"2024-08-08T11:43:29+0000","lastPublishedDate":"2024-08-08T11:43:29+0000","expiryDate":null,"type":"story","timeToRead":3,"headline":"NHPC stock falls 16% from peak but Kotak Institutional sees another 32% drop – here's why","summary":"NHPC reported standalone revenue of  \u003cspan class='webrupee'\u003e₹\u003c/span\u003e24 billion (a 6% decline year-on-year and a 46% increase quarter-on-quarter), EBITDA of  \u003cspan class='webrupee'\u003e₹\u003c/span\u003e12.8 billion (down 8% year-on-year but up 73% quarter-on-quarter), and a PAT of  \u003cspan class='webrupee'\u003e₹\u003c/span\u003e10.2 billion (a 3% drop year-on-year but a 47% rise quarter-on-quarter).","mobileHeadline":"NHPC stock falls 16% from peak but Kotak Institutional sees another 32% drop","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/08/08/600x338/g40fb866498a6c785f4433edfad3f97f2440862cb6cad0b5e3_1723115215969_1723115216303.jpg","thumbnail":"https://www.livemint.com/lm-img/img/2024/08/08/140x140/g40fb866498a6c785f4433edfad3f97f2440862cb6cad0b5e3_1723115215969_1723115216303.jpg","caption":"NHPC stock falls 16% from peak but Kotak Institutional sees another 32% drop – here's why","webStoryImage":null,"url":"/market/stock-market-news/nhpc-stock-plunges-16-from-recent-peak-kotak-expects-another-32-drop-amid-project-delays-11723114947601.html","authors":["A Ksheerasagar"],"agency":"","tags":[],"keywords":["Markets","NHPC","NHPC stock price","NHPC stock delivered multibagger performance","NHPC share price delivered multibagger performance","NHPC Q1FY25 earnings","Should you buy NHPC stock after Q1FY25 earnings","NHPC Capex","Renewable Energy stocks","Renewable Energy stocks list","Top Renewable Energy stocks","Best Renewable Energy stocks","NHPC stock top news","Stocks to buy for medium terms","Stocks to buy for short term"],"section":"Markets","subSection":"Stock Markets","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":null,"alternateUrls":null,"externalUrl":null,"subSectionL2":"","premiumStory":false,"elementCount":9},{"id":11723113769345,"title":"KFC, Pizza Hut operator sails through Q1 but investors should bake in a slow recovery","articleType":"story","firstPublishedDate":"2024-08-08T11:42:19+0000","lastPublishedDate":"2024-08-08T11:42:19+0000","expiryDate":null,"type":"story","timeToRead":2,"headline":"KFC, Pizza Hut operator sails through Q1 but investors should bake in a slow recovery","summary":"\u003cul\u003e\u003cli\u003eDevyani International's India revenue grew by just 6% to  \u003cspan class='webrupee'\u003e₹\u003c/span\u003e840 crore in the June quarter, while same-store sales of KFC and Pizza Hut in India fell by 7% and 8.6%, respectively.\u003c/li\u003e\u003c/ul\u003e","mobileHeadline":"KFC operator sails through Q1 but investors should bake in a slow recovery","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/08/08/600x338/2-0-962031474-kfcthailand-0_1679916087101_1723116333005.jpg","thumbnail":"https://www.livemint.com/lm-img/img/2024/08/08/140x140/2-0-962031474-kfcthailand-0_1679916087101_1723116333005.jpg","caption":"KFC in Thailand has a lower gross margin than in India, management said in the earnings call. Photo: Bloomberg","webStoryImage":null,"url":"/market/mark-to-market/devyani-q1-earnings-recovery-share-price-thailand-kfc-pizza-hut-qsr-operator-same-store-sales-11723113769345.html","authors":["Pallavi Pengonda"],"agency":"","tags":[],"keywords":["devyani international share price","devyani international q1 results","q1 earnings","quick service restaurants","qsr operator","kfc thailan","same store sales","devyani international revenue","costa coffee"],"section":"Markets","subSection":"Mark To Market","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":null,"alternateUrls":null,"externalUrl":null,"subSectionL2":"","premiumStory":true,"elementCount":2},{"id":11723099344773,"title":"Dividend Stocks: Coal India, Power Grid, NMDC, HCL Technologies are among 9 firms in the list compiled by IDBI Capital","articleType":"story","firstPublishedDate":"2024-08-08T11:39:39+0000","lastPublishedDate":"2024-08-08T11:39:39+0000","expiryDate":null,"type":"story","timeToRead":2,"headline":"Dividend Stocks: Coal India, Power Grid, NMDC, HCL Technologies are among 9 firms in the list compiled by IDBI Capital","summary":"\u003cul\u003e\u003cli\u003eDividend Stocks: Nirlon ,Coal India, Power Grid, NMDC VST Industries , Gujarat Pipavav Port , HCL Technologies, Heidelberg Cement India, Swaraj Engine are the 9 firs in table of companies compiled by IDBI Capital Markets \u0026amp; Securities, that offered dividend yield of 3% and above during FY24\u003c/li\u003e\u003c/ul\u003e","mobileHeadline":"Dividend Stocks: Coal India, Power Grid, NMDC in  IDBI Capital's List of 9 firms","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/08/08/600x338/g934ff8a781534475b51b032c9b9e627b629317ee997ce45f6a29f0ebaa13667cbf6d63c589d8ecac4c64620a003d5ebf4b0640d2858256cedcfeb98ae2929539_1280_1708928819038_1723114405785.jpg","thumbnail":"https://www.livemint.com/lm-img/img/2024/08/08/140x140/g934ff8a781534475b51b032c9b9e627b629317ee997ce45f6a29f0ebaa13667cbf6d63c589d8ecac4c64620a003d5ebf4b0640d2858256cedcfeb98ae2929539_1280_1708928819038_1723114405785.jpg","caption":"Dividend Stocks: Coal India, Power Grid, NMDC among 9 stock in IDBI Capital List","webStoryImage":null,"url":"/market/stock-market-news/dividend-stocks-coal-india-power-grid-nmdc-hcl-technologies-are-among-9-firms-in-list-compiled-by-idbi-capital-11723099344773.html","authors":["Ujjval Jauhari"],"agency":"","tags":[],"keywords":["Coal India","Power Grid","NMDC","HCL Tech"],"section":"Markets","subSection":"Stock Markets","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":null,"alternateUrls":null,"externalUrl":null,"subSectionL2":"","premiumStory":false,"elementCount":12}]},{"id":11698658360543,"name":"Trending in Markets","design":"Design 1","type":"toptrends","subType":"","externalUrl":null,"jsonSourceUrl":"","lastPublishedDate":"2024-07-03T05:37:40+0000","tags":[],"navigation":null,"content":[{"key":"Stocks to Buy","value":"https://www.livemint.com/market/stock-market-news/stocks-to-buy-or-sell-rane-holdings-to-dcx-systems-sumeet-bagadia-recommends-five-breakout-stocks-today-11719975897079.html"},{"key":"Stock market today","value":"https://www.livemint.com/market/stock-market-news/stock-market-today-trade-setup-for-nifty-50-to-bank-nifty-five-stocks-to-buy-or-sell-on-wednesday-july-3-11719939857169.html"},{"key":"Top Stock Recommendations","value":"https://www.livemint.com/market/stock-market-news/top-stock-recommendations-sagar-doshi-of-nuvama-suggests-tamil-nadu-newsprint-sagar-cements-and-ifgl-today-11719983276322.html"},{"key":"Bansal Wire Industries IPO","value":"https://www.livemint.com/market/ipo/bansal-wire-industries-ipo-opens-today-subscription-status-gmp-and-other-details-should-you-apply-or-not-11719980563025.html"}]},{"id":11698395366291,"name":"Premium Stories","design":"premium_news_collection","type":"collection","subType":null,"externalUrl":"https://www.livemint.com/premium","jsonSourceUrl":null,"lastPublishedDate":"2024-08-08T12:35:14+0000","tags":[],"navigation":null,"content":[{"id":11723113769345,"title":"KFC, Pizza Hut operator sails through Q1 but investors should bake in a slow recovery","articleType":"story","firstPublishedDate":"2024-08-08T11:42:19+0000","lastPublishedDate":"2024-08-08T11:42:19+0000","expiryDate":null,"type":"story","timeToRead":2,"headline":"KFC, Pizza Hut operator sails through Q1 but investors should bake in a slow recovery","summary":"\u003cul\u003e\u003cli\u003eDevyani International's India revenue grew by just 6% to  \u003cspan class='webrupee'\u003e₹\u003c/span\u003e840 crore in the June quarter, while same-store sales of KFC and Pizza Hut in India fell by 7% and 8.6%, respectively.\u003c/li\u003e\u003c/ul\u003e","mobileHeadline":"KFC operator sails through Q1 but investors should bake in a slow recovery","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/08/08/600x338/2-0-962031474-kfcthailand-0_1679916087101_1723116333005.jpg","thumbnail":"https://www.livemint.com/lm-img/img/2024/08/08/140x140/2-0-962031474-kfcthailand-0_1679916087101_1723116333005.jpg","caption":"KFC in Thailand has a lower gross margin than in India, management said in the earnings call. Photo: Bloomberg","webStoryImage":null,"url":"/market/mark-to-market/devyani-q1-earnings-recovery-share-price-thailand-kfc-pizza-hut-qsr-operator-same-store-sales-11723113769345.html","authors":["Pallavi Pengonda"],"agency":"","tags":[],"keywords":["devyani international share price","devyani international q1 results","q1 earnings","quick service restaurants","qsr operator","kfc thailan","same store sales","devyani international revenue","costa coffee"],"section":"Markets","subSection":"Mark To Market","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":null,"alternateUrls":null,"externalUrl":null,"subSectionL2":"","premiumStory":true,"elementCount":2},{"id":11723114948550,"title":"RBI has wisely charted a course that’s unique to India’s economy","articleType":"story","firstPublishedDate":"2024-08-08T11:18:09+0000","lastPublishedDate":"2024-08-08T11:18:09+0000","expiryDate":null,"type":"story","timeToRead":5,"headline":"RBI has wisely charted a course that’s unique to India’s economy","summary":"\u003cul\u003e\u003cli\u003eAmid divergent action from major central banks around the world, the Monetary Policy Committee wisely kept rates steady. A price was paid for treating high inflation as ‘transitory’ in the aftermath of monetary policy easing during the covid pandemic and we cannot afford to repeat that mistake.\u003c/li\u003e\u003c/ul\u003e","mobileHeadline":"RBI has wisely charted a course that’s unique to India’s economy","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/08/08/600x338/rbi-kTiD--621x414LiveMint_1723115132356_1723120455884.JPG","thumbnail":"https://www.livemint.com/lm-img/img/2024/08/08/140x140/rbi-kTiD--621x414LiveMint_1723115132356_1723120455884.JPG","caption":"In its Financial Stability Report released in December, the RBI said while NPAs may rise, the stress in the banking sector \u0026#8216;while significant, appears to be bottoming out\u0026#8217;. Photo: Reuters","webStoryImage":"https://www.livemint.com/lm-img/img/2024/08/08/270x480/rbi-kTiD--621x414LiveMint_1723115132356_1723120455884.JPG","url":"/opinion/online-views/rbi-mpc-policy-rate-us-fed-policy-easing-food-inflation-us-unemployment-data-stock-market-repo-rate-shaktikanta-das-11723114948550.html","authors":[],"agency":"","tags":[],"keywords":["RBI MPC","policy rate","US Fed","withdrawal of accommodation","policy easing","food inflation","US unemployment","stock market","repo rate","shaktikanta das"],"section":"Opinion","subSection":"Views","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":null,"alternateUrls":null,"externalUrl":null,"subSectionL2":"","premiumStory":true,"elementCount":1},{"id":11723030560389,"title":"New SBI chairman Setty has his task cut out","articleType":"story","firstPublishedDate":"2024-08-08T06:25:29+0000","lastPublishedDate":"2024-08-08T06:25:29+0000","expiryDate":null,"type":"story","timeToRead":4,"headline":"New SBI chairman Setty has his task cut out","summary":"\u003cul\u003e\u003cli\u003eState Bank of India's loan expansion has outpaced deposit growth, while asset quality is showing some signs of strain. Chairman designate Setty will need to navigate these challenges while maintaining the bank's profitability.\u003c/li\u003e\u003c/ul\u003e","mobileHeadline":"New SBI chairman Setty has his task cut out","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/08/08/600x338/3-0-130026064-362719289-0_1679833590583_1723030582274_1723094804809.jpg","thumbnail":"https://www.livemint.com/lm-img/img/2024/08/08/140x140/3-0-130026064-362719289-0_1679833590583_1723030582274_1723094804809.jpg","caption":"Under Setty, State Bank of India is also expected to roll out a planned upgrade to its digital banking app Yono, a key digital driver for the lender. (Photo: Bloomberg)","webStoryImage":"https://www.livemint.com/lm-img/img/2024/08/08/270x480/3-0-130026064-362719289-0_1679833590583_1723030582274_1723094804809.jpg","url":"/industry/banking/sbi-chairman-challa-sreenivasulu-setty-deposit-slowdown-loans-advances-npas-asset-quality-provisions-banking-yono-11723030560389.html","authors":["Shayan Ghosh"],"agency":"","tags":[],"keywords":["SBI","State Bank of India","Challa Sreenivasulu Setty","deposit slowdown","loans","deposits","NPAs","unsecured loans","banking industry","Sbi yONO"],"section":"Industry","subSection":"Banking","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":null,"alternateUrls":null,"externalUrl":null,"subSectionL2":"","premiumStory":true,"elementCount":4},{"id":11723104245122,"title":"Shree Cement: Caught between a rock and a hard place","articleType":"story","firstPublishedDate":"2024-08-08T09:18:43+0000","lastPublishedDate":"2024-08-08T09:18:43+0000","expiryDate":null,"type":"story","timeToRead":3,"headline":"Shree Cement: Caught between a rock and a hard place","summary":"\u003cul\u003e\u003cli\u003eShree Cement's unclear strategy between increasing market share and improving margins has some investors concerned. Also, demand for cement is expected to remain weak until early 2025, which would affect profitability and growth.\u003c/li\u003e\u003c/ul\u003e","mobileHeadline":"Shree Cement: Caught between a rock and a hard place","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/08/08/600x338/cement_1723108358347_1723108358545.JPG","thumbnail":"https://www.livemint.com/lm-img/img/2024/08/08/140x140/cement_1723108358347_1723108358545.JPG","caption":"A shift in regional mix has meant a spike in freight costs and higher lead distance for the Kolkata-headquartered Shree Cement. (Priyanka Parashar/Mint)","webStoryImage":null,"url":"/market/mark-to-market/shree-cement-low-demand-pricing-northern-markets-expansion-profitability-concerns-first-quarter-earnings-11723104245122.html","authors":["Harsha Jethmalani"],"agency":"","tags":[],"keywords":["Shree Cement","low demand","pricing","northern markets","cement","volume","expansion","first-quarter earnings"],"section":"Markets","subSection":"Mark To Market","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":null,"alternateUrls":null,"externalUrl":null,"subSectionL2":"","premiumStory":true,"elementCount":3},{"id":11723042911842,"title":"From simplicity to fairness: Indexation benefit for property restored. But is it enough?","articleType":"story","firstPublishedDate":"2024-08-08T07:15:08+0000","lastPublishedDate":"2024-08-08T07:15:08+0000","expiryDate":null,"type":"story","timeToRead":4,"headline":"From simplicity to fairness: Indexation benefit for property restored. But is it enough?","summary":"\u003cul\u003e\u003cli\u003eThe recent amendment reinstating indexation for LTCG tax is a significant move towards fairness, offering taxpayers a choice. However, the amendment should take into consideration other factors as well. We discuss\u003c/li\u003e\u003c/ul\u003e","mobileHeadline":"Indexation benefit for property restored: But is it enough?","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/08/08/600x338/ge862576e2a2d4cc31cdd900ab4b10ee8c1b0230f445c57002db6b836c7c72dae7fbfcd0b6184d07cf8cf34a50d9e7fedc5ee2fe6c061412f27bdbe59d8f6a0b0_1280_1723099940002_1723099951065.jpg","thumbnail":"https://www.livemint.com/lm-img/img/2024/08/08/140x140/ge862576e2a2d4cc31cdd900ab4b10ee8c1b0230f445c57002db6b836c7c72dae7fbfcd0b6184d07cf8cf34a50d9e7fedc5ee2fe6c061412f27bdbe59d8f6a0b0_1280_1723099940002_1723099951065.jpg","caption":"The amendment in the Finance Bill is a win-win for all as it will provide an option to property investors. (Image: Pixabay)","webStoryImage":null,"url":"/money/property-indexation-ltcg-tax-buying-house-inflation-investment-11723042911842.html","authors":[],"agency":"","tags":[],"keywords":["real estate,","property ,indexation","ltcg","ltcg real estate","investments","indexation benefit","inflation"],"section":"Money","subSection":"","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":null,"alternateUrls":null,"externalUrl":null,"subSectionL2":"","premiumStory":true,"elementCount":1},{"id":11723090268938,"title":"Ticking time bomb: Have high valuations triggered cash pile-up?","articleType":"story","firstPublishedDate":"2024-08-08T06:12:54+0000","lastPublishedDate":"2024-08-08T06:12:54+0000","expiryDate":null,"type":"story","timeToRead":5,"headline":"Ticking time bomb: Have high valuations triggered cash pile-up?","summary":"Christopher Wood of Jefferies said one should be careful while allocating fresh money to India now. Legendary investor Jim Rogers said India is not overvalued now, but if the uptrend continues, it could turn into a bubble.","mobileHeadline":"Ticking time bomb: Have high valuations triggered cash pile-up?","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/08/08/600x338/g866911d2963a9704ce075b16b5a90db42dc8953fd77617186eaee761c2c27aa00ef5249f488d00adb1480456e5eb399e400825607d7fa000d30ad1d5209d8a4e_1280_1723096997957_1723097029158.png","thumbnail":"https://www.livemint.com/lm-img/img/2024/08/08/140x140/g866911d2963a9704ce075b16b5a90db42dc8953fd77617186eaee761c2c27aa00ef5249f488d00adb1480456e5eb399e400825607d7fa000d30ad1d5209d8a4e_1280_1723096997957_1723097029158.png","caption":"Several fund managers, wary of valuations, have taken aggressive cash calls.","webStoryImage":null,"url":"/market/stock-market-news/high-valuations-stock-markets-cash-pile-up-investors-smallcaps-midcaps-returns-corporate-earnings-11723090268938.html","authors":["Dipti Sharma"],"agency":"","tags":[],"keywords":["chris wood","jim rogers","bond king","swarup mohanty","profit booking","valuations","stocks","cash","investors","smallcaps","midcaps","earnings","returns","Nifty 50"],"section":"Markets","subSection":"Stock Markets","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":null,"alternateUrls":null,"externalUrl":null,"subSectionL2":"","premiumStory":true,"elementCount":1},{"id":11723037651833,"title":"How Bharat has betrayed Bharat Bond investors","articleType":"story","firstPublishedDate":"2024-08-08T04:30:16+0000","lastPublishedDate":"2024-08-08T04:30:16+0000","expiryDate":null,"type":"story","timeToRead":4,"headline":"How Bharat has betrayed Bharat Bond investors","summary":"\u003cul\u003e\u003cli\u003eThe Bharat Bond ETF, a pioneering product launched to create a new borrowing stream for public sector undertakings and enhance bond market liquidity, has faced a setback with tax changes in Budget 2024.\u003c/li\u003e\u003c/ul\u003e","mobileHeadline":"How Bharat has betrayed Bharat Bond investors","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/08/07/600x338/pexels-photo-3703737_1723042333920_1723042400373.jpeg","thumbnail":"https://www.livemint.com/lm-img/img/2024/08/07/140x140/pexels-photo-3703737_1723042333920_1723042400373.jpeg","caption":"Tax changes in Budget 2024 have shattered the initial promise of predictability in returns from Bharat Bond. (iStockphoto)","webStoryImage":null,"url":"/mutual-fund/bharat-bond-etf-debt-fund-psus-indexation-benefits-retail-investors-higher-taxes-budget-2024-11723037651833.html","authors":["Anil Poste"],"agency":"","tags":[],"keywords":["Bharat Bond","ETF","debt fund","PSUs","indexation benefit","retail investors","higher taxes","Budget 2024"],"section":"Mutual Funds","subSection":"","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":null,"alternateUrls":null,"externalUrl":null,"subSectionL2":"","premiumStory":true,"elementCount":6},{"id":11723017567262,"title":"Resilient realty stocks: Green clouds and signs of opportunity","articleType":"story","firstPublishedDate":"2024-08-08T03:30:20+0000","lastPublishedDate":"2024-08-08T03:30:20+0000","expiryDate":null,"type":"story","timeToRead":4,"headline":"Resilient realty stocks: Green clouds and signs of opportunity","summary":"\u003cul\u003e\u003cli\u003eThe Nifty Realty index has shown remarkable resilience and growth post-pandemic. Despite a dip following the recent Budget, real estate stocks are still a hot topic. The first edition of Profit Pulse, a new Mint column, dives deep into the performance metrics and potential of real estate stocks.\u003c/li\u003e\u003c/ul\u003e","mobileHeadline":"Resilient realty stocks: Green clouds and signs of opportunity","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/08/07/600x338/123_1715161835406_1723037883401.png","thumbnail":"https://www.livemint.com/lm-img/img/2024/08/07/140x140/123_1715161835406_1723037883401.png","caption":"The Nifty Realty index has been on an impressive upward trajectory since its pandemic low of March 2020, growing by nearly nine times since.","webStoryImage":"https://www.livemint.com/lm-img/img/2024/08/07/270x480/123_1715161835406_1723037883401.png","url":"/market/stock-market-news/real-estate-stocks-nifty-realty-index-bull-run-indexation-benefit-prestige-brigade-phoenix-godrej-properties-suntec-11723017567262.html","authors":[],"agency":"","tags":[],"keywords":["Real estate","real estate stocks","Nifty Realty","bull run","indexation benefit","Prestige Estates","Brigade Enterprises","Phoenix Mills","Godrej Properties","Suntec Realty"],"section":"Markets","subSection":"Stock Markets","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":null,"alternateUrls":null,"externalUrl":null,"subSectionL2":"","premiumStory":true,"elementCount":11},{"id":11723044231022,"title":"RIL aims to be green energy leader, boost retail and Jio investments","articleType":"story","firstPublishedDate":"2024-08-08T03:40:42+0000","lastPublishedDate":"2024-08-08T03:40:42+0000","expiryDate":null,"type":"story","timeToRead":6,"headline":"RIL aims to be green energy leader, boost retail and Jio investments","summary":"\u003cul\u003e\u003cli\u003eMukesh Ambani said RIL's ambitious renewable energy project —the Dhirubhai Ambani Green Energy Giga Complex—in Jamnagar, Gujarat, is progressing rapidly as RIL works towards its goal of attaining net carbon zero by 2035.\u003c/li\u003e\u003c/ul\u003e","mobileHeadline":"RIL aims to be green energy leader, boost retail and Jio investments","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/08/07/600x338/mukesh_1723048626623_1723048626855.jpg","thumbnail":"https://www.livemint.com/lm-img/img/2024/08/07/140x140/mukesh_1723048626623_1723048626855.jpg","caption":" Mukesh Ambani said Reliance has consolidated its balance sheet after the previous round of capex and is ready for the next level of growth.","webStoryImage":null,"url":"/companies/news/ril-reliance-industries-green-energy-retail-jio-investments-mukesh-ambani-adani-jamnagar-11723044231022.html","authors":["Anirudh Laskar"],"agency":"","tags":[],"keywords":["RIL","Reliance Industries Limited","Mukesh Ambani","green energy","retail","Jio"],"section":"Companies","subSection":"News","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":null,"alternateUrls":null,"externalUrl":null,"subSectionL2":"","premiumStory":true,"elementCount":3},{"id":11723028823734,"title":"Why coaching capital Kota has failed its entrance test","articleType":"story","firstPublishedDate":"2024-08-07T14:07:44+0000","lastPublishedDate":"2024-08-07T14:07:44+0000","expiryDate":null,"type":"story","timeToRead":12,"headline":"Why coaching capital Kota has failed its entrance test","summary":"\u003cul\u003e\u003cli\u003eLast year, India’s test-preparation hub welcomed more than 200,000 students. This year, not even half that number has shown up. Loan defaults are now common in the city and property prices have crashed. What went wrong?\u003c/li\u003e\u003c/ul\u003e","mobileHeadline":"Why coaching capital Kota has failed its entrance test","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/08/07/600x338/Cycle_stand__bright_1723051613597_1723051690109.jpeg","thumbnail":"https://www.livemint.com/lm-img/img/2024/08/07/140x140/Cycle_stand__bright_1723051613597_1723051690109.jpeg","caption":"A cycle parking space for students in Kota. Two years back, students found it difficult to find a slot here. (Devina Sengupta/Mint)","webStoryImage":"https://www.livemint.com/lm-img/img/2024/08/07/270x480/Cycle_stand__bright_1723051613597_1723051690109.jpeg","url":"/education/news/coaching-kota-allen-neet-entrance-test-gaurav-munjal-physics-wallah-unacademy-bansal-classes-coral-park-entrance-exams-11723028823734.html","authors":["Devina Sengupta"],"agency":"","tags":[],"keywords":["Kota","coaching","entrance test","entrance exam","property prices","Allen","Gaurav Munjal","NEET","JEE","Aakash Institute","Career Point","Physics Wallah","PhysicsWallah","Bansal Classes","Unacademy","Ankit Gupta","Pramod Maheshwari","Coral Park","Sameer Bansal"],"section":"Education","subSection":"news","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":null,"alternateUrls":null,"externalUrl":null,"subSectionL2":"","premiumStory":true,"elementCount":24},{"id":11723033653978,"title":"Bear retreat lifts market, but worries stay on","articleType":"story","firstPublishedDate":"2024-08-08T01:00:12+0000","lastPublishedDate":"2024-08-08T01:00:12+0000","expiryDate":null,"type":"story","timeToRead":3,"headline":"Bear retreat lifts market, but worries stay on","summary":"\u003cul\u003e\u003cli\u003eOn Tuesday, the value of bearish bets over bullish ones had hit a record, following unpleasant data from the US and an unexpected rate hike in Japan. This indicates Wednesday's rally was led by bears covering their short bets.\u003c/li\u003e\u003c/ul\u003e","mobileHeadline":"A retreat of bears lifted stocks. Is that enough?","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/08/08/600x338/2-0-262651373-bse-0_1680606852290_1723080639984_1723080746218.jpg","thumbnail":"https://www.livemint.com/lm-img/img/2024/08/08/140x140/2-0-262651373-bse-0_1680606852290_1723080639984_1723080746218.jpg","caption":"On Wednesday, foreign institutional investors (FIIs) sold a provisional  \u003cspan class='webrupee'\u003e₹\u003c/span\u003e3,314.76 crore of shares, while domestic institutions net purchased  \u003cspan class='webrupee'\u003e₹\u003c/span\u003e3,801.21crore.. (File Photo: Bloomberg)","webStoryImage":"https://www.livemint.com/lm-img/img/2024/08/08/270x480/2-0-262651373-bse-0_1680606852290_1723080639984_1723080746218.jpg","url":"/market/stock-market-news/record-call-oi-over-put-options-signal-sensex-nifty-rose-with-short-covering-japan-boj-market-crash-11723033653978.html","authors":["Ram Sahgal"],"agency":"","tags":[],"keywords":["Bear retreat","call OI","Sensex","Nifty","markets","stock market","market crash","BoJ","BJP","election"],"section":"Markets","subSection":"Stock Markets","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":null,"alternateUrls":null,"externalUrl":null,"subSectionL2":"","premiumStory":true,"elementCount":8},{"id":11723034361279,"title":"Souring credit card loans, and how Shaktikanta Das saw it coming","articleType":"story","firstPublishedDate":"2024-08-08T00:45:12+0000","lastPublishedDate":"2024-08-08T00:45:12+0000","expiryDate":null,"type":"story","timeToRead":5,"headline":"Souring credit card loans, and how Shaktikanta Das saw it coming","summary":"\u003cul\u003e\u003cli\u003eIn the first quarter of FY25, several lenders saw a sharp spike in bad loans in both personal loans and credit card portfolios.\u003c/li\u003e\u003c/ul\u003e","mobileHeadline":"Souring credit card loans, and how Shaktikanta Das saw it coming","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/08/08/600x338/PTI06-25-2024-000430A-0_1723082737180_1723082871385.jpg","thumbnail":"https://www.livemint.com/lm-img/img/2024/08/08/140x140/PTI06-25-2024-000430A-0_1723082737180_1723082871385.jpg","caption":"Reserve Bank of India Governor Shaktikanta Das. India's central bank had been cautioning banks on increased lending to the unsecured segment since March 2023. (File Photo: Reuters)","webStoryImage":"https://www.livemint.com/lm-img/img/2024/08/08/270x480/PTI06-25-2024-000430A-0_1723082737180_1723082871385.jpg","url":"/industry/banking/provisions-npas-bad-loans-unsecured-loan-book-nbfcs-rwas-reserve-bank-of-india-11723034361279.html","authors":["Gopika Gopakumar"],"agency":"","tags":[],"keywords":["RBI","NPA","unsecured loans","Shaktikanta Das","nbfc","bad loans","personal loans","credit card"],"section":"Industry","subSection":"Banking","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":null,"alternateUrls":null,"externalUrl":null,"subSectionL2":"","premiumStory":true,"elementCount":5},{"id":11723041309696,"title":"Tata Motors aims to match ICE rivals' prices to revitalize its EV sales with new Curvv SUV","articleType":"story","firstPublishedDate":"2024-08-07T18:02:11+0000","lastPublishedDate":"2024-08-07T18:02:11+0000","expiryDate":null,"type":"story","timeToRead":4,"headline":"Tata Motors aims to match ICE rivals' prices to revitalize its EV sales with new Curvv SUV","summary":"\u003cul\u003e\u003cli\u003eThe move is being seen as a strategy to boost the pull of the company's electric offerings amid a recent industry-wide slump in EV sales.\u003c/li\u003e\u003c/ul\u003e","mobileHeadline":"Tata Motors aims to match its EV prices with rivals' conventional SUVs","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/08/07/600x338/TATA-MOTORS-INDIA-ELECTRIC-2_1723052945312_1723052964625.JPG","thumbnail":"https://www.livemint.com/lm-img/img/2024/08/07/140x140/TATA-MOTORS-INDIA-ELECTRIC-2_1723052945312_1723052964625.JPG","caption":"Shailesh Chandra, managing director, Tata Motors Passenger Vehicles Ltd and Tata Passenger Electric Mobility Ltd.","webStoryImage":null,"url":"/companies/news/tata-motors-aims-to-match-ice-rivals-prices-to-revitalize-its-ev-sales-with-new-curvv-suv-sailesh-chandra-coupe-launch-11723041309696.html","authors":["Alisha Sachdev"],"agency":"","tags":[],"keywords":["Tata Motors","Curvv SUV","Shailesh Chandra","electric vehicle","EV prices"],"section":"Companies","subSection":"News","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":null,"alternateUrls":null,"externalUrl":null,"subSectionL2":"","premiumStory":false,"elementCount":4},{"id":11723049753912,"title":"Mint Primer | Regulating real estate: Tips from Maharashtra","articleType":"story","firstPublishedDate":"2024-08-08T00:30:12+0000","lastPublishedDate":"2024-08-08T00:30:12+0000","expiryDate":null,"type":"story","timeToRead":2,"headline":"Mint Primer | Regulating real estate: Tips from Maharashtra","summary":"\u003cul\u003e\u003cli\u003eMahaRERA has issued more orders for developers—on delivery dates, maintenance of bank accounts, parking space and complaint redressal.\u003c/li\u003e\u003c/ul\u003e","mobileHeadline":"Regulating real estate: Tips from Maharashtra","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/08/07/600x338/realestate_1705234877359_1723050173301.JPG","thumbnail":"https://www.livemint.com/lm-img/img/2024/08/07/140x140/realestate_1705234877359_1723050173301.JPG","caption":"Buying a home is the biggest investment a person makes in their lifetime. However, homebuyers have been victims of delays and unkept promises by developers. ","webStoryImage":null,"url":"/industry/maharera-real-estate-maharashtra-rera-homebuyers-mint-primer-11723049753912.html","authors":["Madhurima Nandy"],"agency":"","tags":[],"keywords":["MahaRERA","RERA","real estate","Maharashtra","homebuyers"],"section":"Industry","subSection":"","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":null,"alternateUrls":null,"externalUrl":null,"subSectionL2":"","premiumStory":true,"elementCount":4},{"id":11723028899625,"title":"CXO hiring boom: Sales, marketing leaders in demand in first half of 2024","articleType":"story","firstPublishedDate":"2024-08-08T00:30:11+0000","lastPublishedDate":"2024-08-08T00:30:11+0000","expiryDate":null,"type":"story","timeToRead":4,"headline":"CXO hiring boom: Sales, marketing leaders in demand in first half of 2024","summary":"\u003cul\u003e\u003cli\u003eThe first six months of 2024 have seen India Inc. upping its leadership hiring by more than 15% versus the first six months of last year. Heads of sales and marketing are the most hunted as companies across sectors want to strengthen their client and brand positioning.\u003c/li\u003e\u003c/ul\u003e","mobileHeadline":"Sales, marketing leaders in demand as CXO hiring rises 15% in H1 of 2024","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/08/08/600x338/2-0-1438339341-istockphoto-1152019417-2048x2048-0_1679743093812_1723036319712_1723093439659.jpg","thumbnail":"https://www.livemint.com/lm-img/img/2024/08/08/140x140/2-0-1438339341-istockphoto-1152019417-2048x2048-0_1679743093812_1723036319712_1723093439659.jpg","caption":"Business head and chief operating officer (COO) appointments increased by 13%, while chief executive officer (CEO) hiring increased by 8%, as per a study by search firm Accord India, exclusively shared with Mint.","webStoryImage":"https://www.livemint.com/lm-img/img/2024/08/08/270x480/2-0-1438339341-istockphoto-1152019417-2048x2048-0_1679743093812_1723036319712_1723093439659.jpg","url":"/companies/news/sales-marketing-leaders-most-in-demand-as-cxo-hiring-rises-15-in-h1-of-2024-11723028899625.html","authors":["Devina Sengupta"],"agency":"","tags":[],"keywords":["CXO","hiring","leadership","salaries","Sales","marketing","IPO"],"section":"Companies","subSection":"News","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":null,"alternateUrls":null,"externalUrl":null,"subSectionL2":"","premiumStory":true,"elementCount":4},{"id":11723010209077,"title":"Everybody loves a good old dumb retail investor","articleType":"story","firstPublishedDate":"2024-08-07T06:33:43+0000","lastPublishedDate":"2024-08-07T06:33:43+0000","expiryDate":null,"type":"story","timeToRead":12,"headline":"Everybody loves a good old dumb retail investor","summary":"\u003cul\u003e\u003cli\u003eNearly a third of individual investors, many of them still young, incur significant losses in intraday stock trading and derivatives. And yet there's no stopping them from throwing away their money on random bets. Does trading give them a high? Or is it the misguided lure of making a quick buck?\u003c/li\u003e\u003c/ul\u003e","mobileHeadline":"Everybody loves a good old dumb retail investor","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/08/07/600x338/Easynomics_Lead_pic_1723010683679_1723010710868.jpeg","thumbnail":"https://www.livemint.com/lm-img/img/2024/08/07/140x140/Easynomics_Lead_pic_1723010683679_1723010710868.jpeg","caption":"Intraday trading in stocks or financial derivatives is no way to make a living. Most of us aren’t intelligent enough or mentally strong enough to make a living like that. We may think we can. But as data clearly show, we can’t.","webStoryImage":null,"url":"/newsletters/retail-investors-stock-market-intraday-trading-derivatives-futures-options-mutual-funds-ipos-sebi-brokerage-losses-11723010209077.html","authors":["Vivek Kaul"],"agency":"","tags":[],"keywords":["retail investors","stock markets","intraday trading","derivatives","futures and options","mutual funds","IPOs","Sebi","brokerages","transaction costs","losses"],"section":"newsletters","subSection":"","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":null,"alternateUrls":null,"externalUrl":null,"subSectionL2":"","premiumStory":true,"elementCount":9},{"id":11723023715081,"title":"A steady quarter for Airtel, but to drive growth it needs to get its users to pay more","articleType":"story","firstPublishedDate":"2024-08-07T10:24:33+0000","lastPublishedDate":"2024-08-07T10:24:33+0000","expiryDate":null,"type":"story","timeToRead":3,"headline":"A steady quarter for Airtel, but to drive growth it needs to get its users to pay more","summary":"\u003cul\u003e\u003cli\u003eAirtel’s India operations were steady last quarter. The average revenue per user and number of subscribers were up about 1% each, leading to a 2.3% sequential revenue growth. \u003c/li\u003e\u003c/ul\u003e","mobileHeadline":"A steady quarter for Airtel, but to drive growth it needs its users to pay more","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/08/07/600x338/2-0-455039724-airtel-0_1680850566097_1723026140602.JPG","thumbnail":"https://www.livemint.com/lm-img/img/2024/08/07/140x140/2-0-455039724-airtel-0_1680850566097_1723026140602.JPG","caption":"In the long run, Airtel aims to lift Arpu of the mobile business in India to  \u003cspan class='webrupee'\u003e₹\u003c/span\u003e300 from 211 now.","webStoryImage":null,"url":"/market/mark-to-market/all-eyes-on-arpu-5g-monetization-for-bharti-airtel-11723023715081.html","authors":[],"agency":"","tags":[],"keywords":["Airtel","Arpu","Jio","5G","4G","telecom subscribers","Airtel earnings"],"section":"Markets","subSection":"Mark To Market","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":null,"alternateUrls":null,"externalUrl":null,"subSectionL2":"","premiumStory":true,"elementCount":3},{"id":11723019158373,"title":"ONGC investors need faster production ramp-up from KG basin","articleType":"story","firstPublishedDate":"2024-08-07T09:24:25+0000","lastPublishedDate":"2024-08-07T09:24:25+0000","expiryDate":null,"type":"story","timeToRead":2,"headline":"ONGC investors need faster production ramp-up from KG basin","summary":"\u003cul\u003e\u003cli\u003eThe state-owned company is relying on KG basin 98/2 block as it looks to increase output to 47 million tonnes of oil equivalent by FY27, but the production ramp-up at this crucial block has been slow so far.\u003c/li\u003e\u003c/ul\u003e","mobileHeadline":"ONGC investors need faster production ramp-up from KG basin","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/08/07/600x338/2-0-1217898913-ongc1-0_1679626663668_1723021326834.jpg","thumbnail":"https://www.livemint.com/lm-img/img/2024/08/07/140x140/2-0-1217898913-ongc1-0_1679626663668_1723021326834.jpg","caption":"Oil production from the KG 98/2 block is currently 12,000 barrels per day. Photo: Reuters","webStoryImage":null,"url":"/market/mark-to-market/ongc-share-price-stock-crude-oil-gas-prices-brent-crude-production-target-kg-basin-11723019158373.html","authors":[],"agency":"","tags":[],"keywords":["ongc share price","ongc stock price","ongc production target","ongc output","kg basi","oil and gas","windfall tax","oil prices","gas prices","ongc net realisation","brent crude","crude oil","crude oil prices"],"section":"Markets","subSection":"Mark To Market","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":null,"alternateUrls":null,"externalUrl":null,"subSectionL2":"","premiumStory":true,"elementCount":3},{"id":11722959924296,"title":"How Sebi’s reforms could transform India’s investment advisory landscape","articleType":"story","firstPublishedDate":"2024-08-07T05:49:42+0000","lastPublishedDate":"2024-08-07T05:49:42+0000","expiryDate":null,"type":"story","timeToRead":3,"headline":"How Sebi’s reforms could transform India’s investment advisory landscape","summary":"Sebi's plan to overhaul regulations for investment advisors and research analysts in India aims to lower entry barriers and promote growth in the industry. We analyse the proposed changes and their potential impact on revitalizing the advisory sector.","mobileHeadline":"How Sebi’s reforms could transform India’s investment advisory landscape","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/08/07/600x338/g069cb8dc2a73b96132b4c26df345c3dbf96f2edfa9c7a2a67_1723007557672_1723014237029.jpg","thumbnail":"https://www.livemint.com/lm-img/img/2024/08/07/140x140/g069cb8dc2a73b96132b4c26df345c3dbf96f2edfa9c7a2a67_1723007557672_1723014237029.jpg","caption":"Sebi's consultation paper is a crucial step in encouraging new entrants in investment advisory space. (Image: Pixabay)","webStoryImage":"https://www.livemint.com/lm-img/img/2024/08/07/270x480/g069cb8dc2a73b96132b4c26df345c3dbf96f2edfa9c7a2a67_1723007557672_1723014237029.jpg","url":"/money/personal-finance/sebi-ria-investment-advisors-consultation-paper-nps-securities-markets-11722959924296.html","authors":["Neil Borate","Anil Poste"],"agency":"","tags":[],"keywords":["Sebi","investment advisors","RIA","Corporate RIA","Liberalised Remittance Scheme","LRS","NISM","investment advisory profession","Sebi consultation paper","demat account","graduate"],"section":"Money","subSection":"Personal Finance","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":null,"alternateUrls":null,"externalUrl":null,"subSectionL2":"","premiumStory":true,"elementCount":5},{"id":11722947266894,"title":"BGMI maker Krafton chooses India as its biggest bet","articleType":"story","firstPublishedDate":"2024-08-06T13:40:35+0000","lastPublishedDate":"2024-08-06T13:40:35+0000","expiryDate":null,"type":"story","timeToRead":4,"headline":"BGMI maker Krafton chooses India as its biggest bet","summary":"\u003cul\u003e\u003cli\u003eThe maker of Battlegrounds Mobile India (BGMI) and distributor of PlayerUnknown’s Battlegrounds (PUBG) has earmarked $150 million, after having already invested $170 million, to invest in Indian gaming and content firms—through partnerships, acquisitions and even a startup incubation model.\u003c/li\u003e\u003c/ul\u003e","mobileHeadline":"BGMI maker Krafton chooses India as its biggest bet","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/08/06/600x338/CH_Kim_global_chief_executive_of_Krafton_1722950272353_1722950290524.jpg","thumbnail":"https://www.livemint.com/lm-img/img/2024/08/06/140x140/CH_Kim_global_chief_executive_of_Krafton_1722950272353_1722950290524.jpg","caption":"CH Kim, global chief executive of Krafton.","webStoryImage":null,"url":"/companies/bgmi-maker-krafton-inc-south-korea-india-as-its-biggest-investment-bet-pubg-faming-company-11722947266894.html","authors":["Shouvik Das"],"agency":"","tags":[],"keywords":["Krafton","BGMI","PUBG","gaming indutsry","gaming company","South Korea"],"section":"Companies","subSection":"","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":null,"alternateUrls":null,"externalUrl":null,"subSectionL2":"","premiumStory":true,"elementCount":2},{"id":11722969549234,"title":"Shockwaves from Japan had a message for investors in India","articleType":"story","firstPublishedDate":"2024-08-07T03:00:12+0000","lastPublishedDate":"2024-08-07T03:00:12+0000","expiryDate":null,"type":"story","timeToRead":3,"headline":"Shockwaves from Japan had a message for investors in India","summary":"\u003cul\u003e\u003cli\u003eIn an intricately interlinked world, retail investors found their assets hit by panic across oceans. A rate hike in Japan and a flap over jobs in America had combined to batter Tokyo’s stock market. It’s not an example of Chaos Theory, but a sharp reminder not to try timing the market.\u003c/li\u003e\u003c/ul\u003e","mobileHeadline":"Shockwaves from Japan had a message for investors in India","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/08/06/600x338/3-0-18603664-GettyImages-1209252880-0_1679825031319_1722973582763.jpg","thumbnail":"https://www.livemint.com/lm-img/img/2024/08/06/140x140/3-0-18603664-GettyImages-1209252880-0_1679825031319_1722973582763.jpg","caption":"Markets had tumbled across the world, with the strongest shockwaves coming from Japan, whose Nikkei index crashed more than 12%.","webStoryImage":null,"url":"/opinion/online-views/japan-nikkei-retail-investors-s-p-bse-index-stock-market-mutual-funds-us-unemployment-global-recession-11722969549234.html","authors":["Livemint"],"agency":"","tags":[],"keywords":["japan nikkei","stock market","retail investors","mutual funds","US unemployment","US fed","S\u0026P BSE index"],"section":"Opinion","subSection":"Views","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":null,"alternateUrls":null,"externalUrl":null,"subSectionL2":"","premiumStory":true,"elementCount":1},{"id":11722951159251,"title":"Brokers tighten financing amid spike in volatility","articleType":"story","firstPublishedDate":"2024-08-07T01:39:33+0000","lastPublishedDate":"2024-08-07T01:39:33+0000","expiryDate":null,"type":"story","timeToRead":3,"headline":"Brokers tighten financing amid spike in volatility","summary":"\u003cul\u003e\u003cli\u003eAfter assessing the spike in volatility across markets like Japan, South Korea and the US, Angel One has temporarily stopped financing fresh share purchases effective Tuesday under the so-called margin trading facility.\u003c/li\u003e\u003c/ul\u003e","mobileHeadline":"Brokers tighten financing amid spike in volatility","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/08/06/600x338/266c68fa-64cb-11ec-97fa-c6b2311b4e07_1644406873338_1722968020492.jpg","thumbnail":"https://www.livemint.com/lm-img/img/2024/08/06/140x140/266c68fa-64cb-11ec-97fa-c6b2311b4e07_1644406873338_1722968020492.jpg","caption":"The India Vix, which measures volatility, surged 42% to 20.37 on Monday after the Nifty tanked 2.7%. ","webStoryImage":null,"url":"/market/stock-market-news/financing-brokers-volatility-markets-margin-trading-india-vix-11722951159251.html","authors":["Ram Sahgal"],"agency":"","tags":[],"keywords":["volatility","margin trade","MTF","brokers","Angel One","Geojit Financial Services","IIFL Securities","global cues"],"section":"Markets","subSection":"Stock Markets","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":null,"alternateUrls":null,"externalUrl":null,"subSectionL2":"","premiumStory":true,"elementCount":9},{"id":11722959879037,"title":"Relief for homeowners: Govt to restore indexation benefit for property","articleType":"story","firstPublishedDate":"2024-08-06T17:22:59+0000","lastPublishedDate":"2024-08-07T02:20:50+0000","expiryDate":null,"type":"story","timeToRead":3,"headline":"Relief for homeowners: Govt to restore indexation benefit for property","summary":"\u003cul\u003e\u003cli\u003eThe finance minister is expected to amend the finance bill to restore the indexation benefit for property acquired before 23 July 2024. This means taxpayers can choose between the new tax regime with a lower rate but no indexation, and the old regime with a higher rate but indexation benefits.\u003c/li\u003e\u003c/ul\u003e","mobileHeadline":"Relief for homeowners: Govt to restore indexation benefit for property","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/08/06/600x338/NRIMatters-k0GE--621x414LiveMint_1722964411911_1722964412104.jpg","thumbnail":"https://www.livemint.com/lm-img/img/2024/08/06/140x140/NRIMatters-k0GE--621x414LiveMint_1722964411911_1722964412104.jpg","caption":"Indexation benefit helps reduce the tax burden on sellers of property.","webStoryImage":null,"url":"/economy/relief-for-homeowners-govt-to-restore-indexation-benefit-for-property-11722959879037.html","authors":["Gireesh Chandra Prasad"],"agency":"","tags":[],"keywords":["homeowners","finance minister","indexation benefit","property","Nirmala Sitharaman","Finance Bill","real estate","tax regime"],"section":"Economy","subSection":"","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":null,"alternateUrls":null,"externalUrl":null,"subSectionL2":"","premiumStory":true,"elementCount":4},{"id":11722936624440,"title":"As Bangladesh descends into chaos, India’s trade and security hang in the balance","articleType":"story","firstPublishedDate":"2024-08-06T12:54:28+0000","lastPublishedDate":"2024-08-06T12:54:28+0000","expiryDate":null,"type":"story","timeToRead":9,"headline":"As Bangladesh descends into chaos, India’s trade and security hang in the balance","summary":"\u003cul\u003e\u003cli\u003eIndia’s exports and infrastructure projects involving Bangladesh are at serious risk because of the political crisis in the neighbouring country. Worse, that could turn into opportunities for competitors like Vietnam and China.\u003c/li\u003e\u003c/ul\u003e","mobileHeadline":"As Bangladesh descends into chaos, India’s trade and security hang in balance","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/08/06/600x338/TOPSHOT-BANGLADESH-UNREST-STUDENTS-3_1722947761047_1722948024734.jpg","thumbnail":"https://www.livemint.com/lm-img/img/2024/08/06/140x140/TOPSHOT-BANGLADESH-UNREST-STUDENTS-3_1722947761047_1722948024734.jpg","caption":"Anti-government protestors attempt to vandalise a statue of Sheikh Mujibur Rahman, Bangladesh's founding father and parent of the country's ousted prime minister Sheikh Hasina, in Dhaka. Hasina's 15-year rule ended on 5 August, as she fled to India after more than a month of deadly protests as the military announced it would form an interim government (AFP)","webStoryImage":"https://www.livemint.com/lm-img/img/2024/08/06/270x480/TOPSHOT-BANGLADESH-UNREST-STUDENTS-3_1722947761047_1722948024734.jpg","url":"/economy/bangladesh-crisis-indian-exports-trade-infrastructure-projects-engineering-goods-textiles-china-insurgency-immigration-11722936624440.html","authors":["Rhik Kundu","Dhirendra Kumar","Suneera Tandon"],"agency":"","tags":[],"keywords":["Bangladesh crisis","Indian exports","trade","infrastructure projects","engineering exports","textiles","China","Vietnam","insurgency","security concerns","illegal immigration"],"section":"Economy","subSection":"","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":null,"alternateUrls":null,"externalUrl":null,"subSectionL2":"","premiumStory":true,"elementCount":15},{"id":11722943687628,"title":"Mauritius keen to set up shop in GIFT City","articleType":"story","firstPublishedDate":"2024-08-07T01:42:31+0000","lastPublishedDate":"2024-08-07T01:42:31+0000","expiryDate":null,"type":"story","timeToRead":4,"headline":"Mauritius keen to set up shop in GIFT City","summary":"Mauritius wants to attract Africa-bound investments from India and host financial services like financing of immovable assets in Africa, intellectual property management and reinsurance services. This intended to compensate for the loss of direct investment from Mauritius to India.","mobileHeadline":"Mauritius keen to set up shop in GIFT City","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/08/06/600x338/Bholah_1722970104759_1722970108561.jpg","thumbnail":"https://www.livemint.com/lm-img/img/2024/08/06/140x140/Bholah_1722970104759_1722970108561.jpg","caption":"Soomilduth Bholah, minister for financial services and good governance, Mauritius.","webStoryImage":null,"url":"/news/india/mauritius-gift-city-africa-investment-financial-services-ifsca-capital-11722943687628.html","authors":["Nehal Chaliawala"],"agency":"","tags":[],"keywords":["Mauritius","Gift City","IFSCA Capital","International Financial Services Centres Authority","International Financial Centre","Soomilduth Bholah"],"section":"News","subSection":"India","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":null,"alternateUrls":null,"externalUrl":null,"subSectionL2":"","premiumStory":true,"elementCount":4},{"id":11722959844255,"title":"Mint Primer | Look east: New threats from the Bangladesh coup","articleType":"story","firstPublishedDate":"2024-08-07T00:30:07+0000","lastPublishedDate":"2024-08-07T00:30:07+0000","expiryDate":null,"type":"story","timeToRead":3,"headline":"Mint Primer | Look east: New threats from the Bangladesh coup","summary":"\u003cul\u003e\u003cli\u003eAmid a growing Chinese footprint in Asia, Bangladesh is key to India’s Neighbourhood First and Look East policies. It holds the key to its maritime and security architecture in the Bay of Bengal region.\u003c/li\u003e\u003c/ul\u003e","mobileHeadline":"Look east: New threats from the Bangladesh coup","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/08/06/600x338/Dhaka---People-gather-around-the-residence-of-Bang_1722960575559_1722960741050.jpg","thumbnail":"https://www.livemint.com/lm-img/img/2024/08/06/140x140/Dhaka---People-gather-around-the-residence-of-Bang_1722960575559_1722960741050.jpg","caption":"Protestors gather around the residence of Bangladeshi prime minister in Dhaka on 5 August 2024. (Photo: PTI)","webStoryImage":"https://www.livemint.com/lm-img/img/2024/08/06/270x480/Dhaka---People-gather-around-the-residence-of-Bang_1722960575559_1722960741050.jpg","url":"/global/bangladesh-political-violence-protests-sheikh-hasina-india-11722959844255.html","authors":[],"agency":"","tags":[],"keywords":["Bangladesh","Sheikh Hasina","Bangladesh violence","Jamaat","protests","violence"],"section":"global","subSection":"","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":null,"alternateUrls":null,"externalUrl":null,"subSectionL2":"","premiumStory":true,"elementCount":2},{"id":11722860859542,"title":"Mining tax: Tata Steel, HZL explore legal options following Supreme Court ruling","articleType":"story","firstPublishedDate":"2024-08-07T01:46:50+0000","lastPublishedDate":"2024-08-07T01:46:50+0000","expiryDate":null,"type":"story","timeToRead":4,"headline":"Mining tax: Tata Steel, HZL explore legal options following Supreme Court ruling","summary":"\u003cul\u003e\u003cli\u003eTata Steel will explore legal options regarding any dues that may arise if the Supreme Court rules that its judgment will be applicable retrospectively, while Hindustan Zinc will also knock on the doors of the courts if any immoderate demands are raised.\u003c/li\u003e\u003c/ul\u003e","mobileHeadline":"Mining tax: Tata Steel, HZL explore legal options following Supreme Court ruling","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/08/06/600x338/2-0-227404972-Tata-Steel1-0_1680587045283_1722970587097.JPG","thumbnail":"https://www.livemint.com/lm-img/img/2024/08/06/140x140/2-0-227404972-Tata-Steel1-0_1680587045283_1722970587097.JPG","caption":"Tata Steel has noted contingent liabilities of  \u003cspan class='webrupee'\u003e₹\u003c/span\u003e17,347 crore in its financial statements pending clarity on the matter.","webStoryImage":null,"url":"/industry/infrastructure/mining-tax-top-cos-explore-legal-options-following-supreme-court-ruling-tata-steel-hindustan-zinc-11722860859542.html","authors":["Naman Suri","Nehal Chaliawala"],"agency":"","tags":[],"keywords":["Supreme Court","Mining","Royalty Tax","Hindustan Zin","Tata Steel","Metals"],"section":"Industry","subSection":"Infrastructure","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":null,"alternateUrls":null,"externalUrl":null,"subSectionL2":"","premiumStory":true,"elementCount":5},{"id":11722851207758,"title":"Brands fret as negative influencers rise, pushed toward credibility","articleType":"story","firstPublishedDate":"2024-08-07T01:47:37+0000","lastPublishedDate":"2024-08-07T01:47:37+0000","expiryDate":null,"type":"story","timeToRead":5,"headline":"Brands fret as negative influencers rise, pushed toward credibility","summary":"\u003cul\u003e\u003cli\u003eExperts say the industry is set to see a spike in both critical reviews as well as regulations aimed at keeping claims made by brands in check, as consumers increasingly switch to branded products.\u003c/li\u003e\u003c/ul\u003e","mobileHeadline":"Brands fret as negative influencers rise, pushed toward credibility","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/08/06/600x338/Darshit_Singh_a_1722971444765_1722971449064.jpg","thumbnail":"https://www.livemint.com/lm-img/img/2024/08/06/140x140/Darshit_Singh_a_1722971444765_1722971449064.jpg","caption":"Despite the potential consequences of calling out big brands publicly, people like Darshit Singh (darshitoncam) continue to stick their necks out.","webStoryImage":null,"url":"/industry/advertising/brands-fretting-as-negative-influencers-rise-pushed-toward-credibility-11722851207758.html","authors":["Pratishtha Bagai","Suneera Tandon"],"agency":"","tags":[],"keywords":["deinfluencer","foodpharmer","negative influencer","influencer marketing","bournvita"],"section":"Industry","subSection":"Advertising","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":null,"alternateUrls":null,"externalUrl":null,"subSectionL2":"","premiumStory":true,"elementCount":5},{"id":11722934789628,"title":"India’s jobs crisis: How dreams of rural youth outpace the labour market","articleType":"story","firstPublishedDate":"2024-08-06T09:43:55+0000","lastPublishedDate":"2024-08-06T09:43:55+0000","expiryDate":null,"type":"story","timeToRead":4,"headline":"India’s jobs crisis: How dreams of rural youth outpace the labour market","summary":"For a fast-growing country like India, aspirations of its youth are key to unlocking the potential for development and prosperity. However, the dreams of India’s rural youth may outpace what the labour market currently has to offer. What jobs rural youth really want? A new survey finds out.","mobileHeadline":"India’s jobs crisis: How dreams of rural youth outpace the labour market","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/08/06/600x338/LSpic_1600699176870_1600699183912_1722936963598_1722937417766.jpg","thumbnail":"https://www.livemint.com/lm-img/img/2024/08/06/140x140/LSpic_1600699176870_1600699183912_1722936963598_1722937417766.jpg","caption":"India’s rural labour market is still dominated by agriculture, and regular wage or salaried jobs are uncommon.","webStoryImage":"https://www.livemint.com/lm-img/img/2024/08/06/270x480/LSpic_1600699176870_1600699183912_1722936963598_1722937417766.jpg","url":"/economy/india-jobs-crisis-rural-youth-labour-market-employment-economy-agriculture-11722934789628.html","authors":["Pragya Srivastava"],"agency":"","tags":[],"keywords":["jobs","jobs crisis","jobs crisis india","job crisis protest","uemployment","government jobs","salaried jobs","rural youth","women workers"],"section":"Economy","subSection":"","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":null,"alternateUrls":null,"externalUrl":null,"subSectionL2":"","premiumStory":true,"elementCount":12},{"id":11722934374868,"title":"Rich valuation could loosen Amara Raja’s connection with investors","articleType":"story","firstPublishedDate":"2024-08-06T09:36:08+0000","lastPublishedDate":"2024-08-06T09:36:08+0000","expiryDate":null,"type":"story","timeToRead":2,"headline":"Rich valuation could loosen Amara Raja’s connection with investors","summary":"\u003cul\u003e\u003cli\u003eDespite a post-earnings dip, the battery maker’s stock is up around 80% this year and trades at 24 times estimated FY26 earnings. But is this valuation justified?\u003c/li\u003e\u003c/ul\u003e","mobileHeadline":"Rich valuation could loosen Amara Raja’s connection with investors","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/08/06/600x338/batteries621--621x414_1722936667685.jpg","thumbnail":"https://www.livemint.com/lm-img/img/2024/08/06/140x140/batteries621--621x414_1722936667685.jpg","caption":"The company is currently debt-free, but may need short-term debt this year. 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How does the company plan to capture this billion-dollar opportunity despite challenges?","mobileHeadline":"Shifting gears: Why Redbus is entering the EV financing space","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/08/06/600x338/2-0-427583905--DSC0600-0_1680689758527_1722931201475.jpg","thumbnail":"https://www.livemint.com/lm-img/img/2024/08/06/140x140/2-0-427583905--DSC0600-0_1680689758527_1722931201475.jpg","caption":"Prakash Sangam, CEO of Redbus said from a lending standpoint, the larger opportunity for the company to grow revenues is in electric vehicles. 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Tailwinds or headwinds?","summary":"\u003cul\u003e\u003cli\u003eThe revival of air traffic following the lifting of covid restrictions was one of the factors that led the airline to introduce these features.\u003c/li\u003e\u003c/ul\u003e","mobileHeadline":"Mint Explainer: IndiGo adjusts flight path. Tailwinds or headwinds?","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/08/06/600x338/PTI08-05-2024-000198B-0_1722932070234_1722932107488.jpg","thumbnail":"https://www.livemint.com/lm-img/img/2024/08/06/140x140/PTI08-05-2024-000198B-0_1722932070234_1722932107488.jpg","caption":"IndiGo CEO Pieter Elbers (L) with co-founder Rahul Bhatia during its 18th anniversary function in New Delhi on Monday. (PTI Photo/Shahbaz Khan)","webStoryImage":null,"url":"/companies/explainer-indigo-adjusts-flight-path-with-business-class-and-loyalty-programme-tailwinds-or-headwinds-11722926886996.html","authors":["Anu Sharma"],"agency":"","tags":[],"keywords":["aviation","IndiGo","business class","travel","Loyalty programme"],"section":"Companies","subSection":"","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":null,"alternateUrls":null,"externalUrl":null,"subSectionL2":"","premiumStory":true,"elementCount":1},{"id":11722928681779,"title":"How a strategically diversified portfolio can help you navigate market storms","articleType":"story","firstPublishedDate":"2024-08-06T09:46:50+0000","lastPublishedDate":"2024-08-06T09:46:50+0000","expiryDate":null,"type":"story","timeToRead":4,"headline":"How a strategically diversified portfolio can help you navigate market storms","summary":"\u003cul\u003e\u003cli\u003eDiversification extends beyond asset classes; it also encompasses geographic diversification\u003c/li\u003e\u003c/ul\u003e","mobileHeadline":"How a strategically diversified portfolio can help you navigate market storms","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/08/06/600x338/SIPs-are-one-of-the-best-ways-to-invest-as-they-ar_1698641539522_1722936637398.jpg","thumbnail":"https://www.livemint.com/lm-img/img/2024/08/06/140x140/SIPs-are-one-of-the-best-ways-to-invest-as-they-ar_1698641539522_1722936637398.jpg","caption":"In this financial voyage, diversification serves as a sturdy shield against the unpredictable waves of market volatility.","webStoryImage":null,"url":"/money/personal-finance/financial-planning-portfolio-diversification-asset-allocation-asset-mix-investment-strategy-diversified-portfolio-11722928681779.html","authors":[],"agency":"","tags":[],"keywords":["financial planning","asset diversification","portfolio diversification","asset allocation","investment strategy"],"section":"Money","subSection":"Personal Finance","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":null,"alternateUrls":null,"externalUrl":null,"subSectionL2":"","premiumStory":true,"elementCount":4},{"id":11722887234329,"title":"The budget served India’s self-proclaimed middle class a reality check","articleType":"story","firstPublishedDate":"2024-08-06T04:45:32+0000","lastPublishedDate":"2024-08-06T04:45:32+0000","expiryDate":null,"type":"story","timeToRead":5,"headline":"The budget served India’s self-proclaimed middle class a reality check","summary":"\u003cul\u003e\u003cli\u003eThe removal of indexation benefits on capital gains tax may finally have woken up the country’s well-off. As government spending grows, somebody’s got to pick up the tab. And regardless of their political support for the Modi government, those who earn more must pay more.\u003c/li\u003e\u003c/ul\u003e","mobileHeadline":"The budget served India’s self-proclaimed middle class a reality check","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/08/05/600x338/In-case-of-LTCG--benefit-of-indexation-for-cost-in_1697389542888_1722889544537.jpg","thumbnail":"https://www.livemint.com/lm-img/img/2024/08/05/140x140/In-case-of-LTCG--benefit-of-indexation-for-cost-in_1697389542888_1722889544537.jpg","caption":"More than 10 million flats in India have been bought and kept locked for investment purposes.","webStoryImage":null,"url":"/opinion/online-views/indexation-benefits-union-budget-2024-middle-class-taxation-corporate-tax-rate-cut-capital-gains-tax-nda-government-modi-11722887234329.html","authors":["Vivek Kaul"],"agency":"","tags":[],"keywords":["indexation benefit","budget 202","middle class","taxation","corporate tax rate cut","capital gains tax","NDA government"],"section":"Opinion","subSection":"Views","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":null,"alternateUrls":null,"externalUrl":null,"subSectionL2":"","premiumStory":true,"elementCount":1},{"id":11722867327135,"title":"A further 5-7% fall may prompt investors to buy the dip: Taher Badshah","articleType":"story","firstPublishedDate":"2024-08-06T01:30:07+0000","lastPublishedDate":"2024-08-06T01:30:07+0000","expiryDate":null,"type":"story","timeToRead":3,"headline":"A further 5-7% fall may prompt investors to buy the dip: Taher Badshah","summary":"\u003cul\u003e\u003cli\u003eRecent developments suggest that an interest rate cut could come sooner than expected, which would spotlight growth-oriented sectors while value stocks recede. This shift could make consumption-driven and defensive sectors, such as pharmaceuticals, FMCG, and IT, particularly attractive.\u003c/li\u003e\u003c/ul\u003e","mobileHeadline":"A further 5-7% fall may prompt investors to buy the dip: Taher Badshah","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/08/05/600x338/Taher_Badshah_1722870022814_1722870035301.jpg","thumbnail":"https://www.livemint.com/lm-img/img/2024/08/05/140x140/Taher_Badshah_1722870022814_1722870035301.jpg","caption":"Taher Badshah, chief investment officer at Invesco Mutual Fund.","webStoryImage":null,"url":"/market/a-further-5-7-fall-may-prompt-investors-to-buy-the-dip-taher-badshah-11722867327135.html","authors":["Dipti Sharma"],"agency":"","tags":[],"keywords":["taher badshah","invesco mf","selloff","nifty falls","investors","interest rate cut","Invesco Mutual Fund"],"section":"Markets","subSection":"","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":null,"alternateUrls":null,"externalUrl":null,"subSectionL2":"","premiumStory":false,"elementCount":1},{"id":11722864233972,"title":"Unicommerce IPO: Inside Kunal Bahl's second coming","articleType":"story","firstPublishedDate":"2024-08-05T15:47:09+0000","lastPublishedDate":"2024-08-06T03:35:15+0000","expiryDate":null,"type":"story","timeToRead":12,"headline":"Unicommerce IPO: Inside Kunal Bahl's second coming","summary":"\u003cul\u003e\u003cli\u003eKunal Bahl and Rohit Bansal’s venture firm, Titan Capital, booked eye-popping exits in Urban Company, Ola, and Mamaearth among others. And now, the IPO of Unicommerce, another entity Titan backed, is set to open. We take a look at how Bahl, the investor, stacks up against Bahl, the operator.\u003c/li\u003e\u003c/ul\u003e","mobileHeadline":"Unicommerce IPO: Inside Kunal Bahl's second coming","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/08/05/600x338/Titan_capital_bahl_and_bansal_1722864554978_1722864793311.jpg","thumbnail":"https://www.livemint.com/lm-img/img/2024/08/05/140x140/Titan_capital_bahl_and_bansal_1722864554978_1722864793311.jpg","caption":"Kunal Bahl, co-founder of AceVector Ltd, the holding company for Snapdeal. He is also the co-founder of Titan Capital. (@TitanCapitalVC/X)","webStoryImage":"https://www.livemint.com/lm-img/img/2024/08/05/270x480/Titan_capital_bahl_and_bansal_1722864554978_1722864793311.jpg","url":"/companies/people/snapdeal-kunal-bahl-mamaeath-rohit-bansal-titan-capital-investors-ola-ipo-urban-company-unicommerce-11722864233972.html","authors":["Mansi Verma","Priyamvada C"],"agency":"","tags":[],"keywords":["Kunal Bahl","Snapdeal","Titan capital","investing","early-stage investing","Urban Company","Mamaearth","Ola","Unicommerce","Rohit Bansal","IPO"],"section":"Companies","subSection":"People","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":null,"alternateUrls":null,"externalUrl":null,"subSectionL2":"","premiumStory":true,"elementCount":24},{"id":11722859828944,"title":"Tata Sons goes debt-free as it seeks listing exemption.","articleType":"story","firstPublishedDate":"2024-08-06T00:30:00+0000","lastPublishedDate":"2024-08-06T00:30:00+0000","expiryDate":null,"type":"story","timeToRead":4,"headline":"Tata Sons goes debt-free as it seeks listing exemption.","summary":"\u003cul\u003e\u003cli\u003eTata Sons, which primarily depends on dividend income from about 26 listed companies in which it owns shares, managed to wipe off almost all of its debt on account of the  \u003cspan class='webrupee'\u003e₹\u003c/span\u003e42,536.2 crore it got from Tata Consultancy Services Ltd.\u003c/li\u003e\u003c/ul\u003e","mobileHeadline":"Tata Sons goes debt-free as it seeks listing exemption","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/08/05/600x338/3-0-67063602--ABH0061-0_1679802992815_1722874199147.JPG","thumbnail":"https://www.livemint.com/lm-img/img/2024/08/05/140x140/3-0-67063602--ABH0061-0_1679802992815_1722874199147.JPG","caption":"N. Chandrasekaran, chairman, Tata Group.","webStoryImage":null,"url":"/companies/news/tata-sons-goes-debt-free-as-it-seeks-listing-exemption-group-tcs-sebi-ipo-debt-11722859828944.html","authors":["Shayan Ghosh","Varun Sood"],"agency":"","tags":[],"keywords":["RBI","Tata Sons","Upper layer NBFC","Debt","Loan","NBFC"],"section":"Companies","subSection":"News","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":null,"alternateUrls":null,"externalUrl":null,"subSectionL2":"","premiumStory":true,"elementCount":5},{"id":11722850047718,"title":"India’s IT giants are shunning costly consultants. Blame subdued demand and a shift from tradition.","articleType":"story","firstPublishedDate":"2024-08-06T01:15:07+0000","lastPublishedDate":"2024-08-06T01:15:07+0000","expiryDate":null,"type":"story","timeToRead":4,"headline":"India’s IT giants are shunning costly consultants. Blame subdued demand and a shift from tradition.","summary":"\u003cul\u003e\u003cli\u003eTCS, HCLTech and Wipro have significantly reduced their spending on temporary consultants as a percentage of their revenue. What does this imply for India’s IT services outsourcing model?\u003c/li\u003e\u003c/ul\u003e","mobileHeadline":"Why India’s IT giants are shunning costly consultants","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/08/05/600x338/pexels-photo-8111895_1722864768833_1722864957924.jpeg","thumbnail":"https://www.livemint.com/lm-img/img/2024/08/05/140x140/pexels-photo-8111895_1722864768833_1722864957924.jpeg","caption":"India's software services outsourcing giants seem to be losing their interest in expensive outsourced consultants. ","webStoryImage":"https://www.livemint.com/lm-img/img/2024/08/05/270x480/pexels-photo-8111895_1722864768833_1722864957924.jpeg","url":"/companies/tcs-hcltech-wipro-it-giants-costly-consultants-employee-subcontractor-costs-demand-infosys-outsourcing-operating-margin-11722850047718.html","authors":["Jas Bardia"],"agency":"","tags":[],"keywords":["TCS","HCLTech","Wipro","IT giants","consultants","demand","business model","IT outsourcing","employees","Infosys","operating margin","subcontractor costs"],"section":"Companies","subSection":"","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":null,"alternateUrls":null,"externalUrl":null,"subSectionL2":"","premiumStory":true,"elementCount":7},{"id":11722867812442,"title":"Horror show on Dalal Street as US, Japan spook investors","articleType":"story","firstPublishedDate":"2024-08-06T00:40:04+0000","lastPublishedDate":"2024-08-06T00:40:04+0000","expiryDate":null,"type":"story","timeToRead":5,"headline":"Horror show on Dalal Street as US, Japan spook investors","summary":"\u003cul\u003e\u003cli\u003eDomestic institutions stepped up to counter sales by foreign investors; however, profit-taking by investors who route money directly into markets worsened Monday's fall.\u003c/li\u003e\u003c/ul\u003e","mobileHeadline":"Horror show on Dalal Street as US, Japan spook investors","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/08/05/600x338/PTI08-05-2024-000216A-0_1722869375105_1722875378863.jpg","thumbnail":"https://www.livemint.com/lm-img/img/2024/08/05/140x140/PTI08-05-2024-000216A-0_1722869375105_1722875378863.jpg","caption":"Onlookers react as they watch share prices on a digital screen outside the Bombay Stock Exchange (BSE) building, in Mumbai, Monday.","webStoryImage":null,"url":"/market/stock-market-news/fear-stalks-street-again-sensex-nifty-market-crash-japan-us-economy-jobs-report-yen-11722867812442.html","authors":["Ram Sahgal"],"agency":"","tags":[],"keywords":["Stock markets","worldwide","volatility","carry trade","yen","losses","domestic institutions"],"section":"Markets","subSection":"Stock Markets","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":null,"alternateUrls":null,"externalUrl":null,"subSectionL2":"","premiumStory":true,"elementCount":9},{"id":11722873822431,"title":"Mint Explainer: Why India needs to have a wary eye on the Bangladesh coup","articleType":"story","firstPublishedDate":"2024-08-05T16:19:35+0000","lastPublishedDate":"2024-08-06T05:53:08+0000","expiryDate":null,"type":"story","timeToRead":9,"headline":"Mint Explainer: Why India needs to have a wary eye on the Bangladesh coup","summary":"\u003cul\u003e\u003cli\u003eWill Sheikh Hasina’s forced ouster end a “golden era” in India-Bangladesh ties? Given India’s multiple stakes in Bangladesh, and with China breathing down, New Delhi will have to rework its Bangladesh strategy in the coming days and months.\u003c/li\u003e\u003c/ul\u003e","mobileHeadline":"Mint Explainer: Why India needs to have a wary eye on the Bangladesh coup","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/08/05/600x338/FILES-BANGLADESH-UNREST-STUDENTS-0_1722856022426_1722875185163.jpg","thumbnail":"https://www.livemint.com/lm-img/img/2024/08/05/140x140/FILES-BANGLADESH-UNREST-STUDENTS-0_1722856022426_1722875185163.jpg","caption":"Cheering protesters stormed Bangladeshi Prime Minister Sheikh Hasina's palace on 5 August, 2024 after she fled the country, the culmination of more than a month of deadly anti-government protests. (AFP)","webStoryImage":"https://www.livemint.com/lm-img/img/2024/08/05/270x480/FILES-BANGLADESH-UNREST-STUDENTS-0_1722856022426_1722875185163.jpg","url":"/global/bangladesh-protest-coup-sheikh-hasina-flee-india-golden-era-relations-stable-neighbour-china-threat-11722873822431.html","authors":["Elizabeth Roche"],"agency":"","tags":[],"keywords":["Bangladesh","prime minister","Sheikh Hasina","India","Narendra Modi","China","Bangladesh protests","jobs quota","Bangladesh army","government jobs","stable neighbour","golden era","India-Bangladesh ties","China threat","northeast India"],"section":"News","subSection":"world","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":null,"alternateUrls":null,"externalUrl":null,"subSectionL2":"","premiumStory":true,"elementCount":3},{"id":11722858097004,"title":"PFC independent directors raise concerns over  \u003cspan class='webrupee'\u003e₹\u003c/span\u003e20,000-cr loan plan for SP Group","articleType":"story","firstPublishedDate":"2024-08-06T01:42:42+0000","lastPublishedDate":"2024-08-06T01:42:42+0000","expiryDate":null,"type":"story","timeToRead":4,"headline":"PFC independent directors raise concerns over  \u003cspan class='webrupee'\u003e₹\u003c/span\u003e20,000-cr loan plan for SP Group","summary":"\u003cul\u003e\u003cli\u003eThe three independent directors have questioned the rationale behind giving the loan to SP Group’s main investment vehicle Sterling Investment Corp against their shares in Tata Sons to refinance the debt taken three years ago at a coupon rate of 19-22%.\u003c/li\u003e\u003c/ul\u003e","mobileHeadline":"PFC independent directors raise concerns over  \u003cspan class='webrupee'\u003e₹\u003c/span\u003e20,000-cr loan plan for SP Group","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/08/05/600x338/shapoorji-ke1H--_1722870349364_1722870349686.JPG","thumbnail":"https://www.livemint.com/lm-img/img/2024/08/05/140x140/shapoorji-ke1H--_1722870349364_1722870349686.JPG","caption":"Shapoorji Pallonji Group, controlled by billionaire Shapoor Mistry, had approached PFC for a loan in March this year. The PFC loan is crucial for the group, which has been facing financial difficulties due to mounting debt and steep interest rates on its existing loans. (File Photo: Reuters)","webStoryImage":null,"url":"/companies/news/pfc-independent-directors-raise-concerns-over-20-000-cr-loan-plan-for-shapoorji-pallonji-11722858097004.html","authors":["Gopika Gopakumar"],"agency":"","tags":[],"keywords":["PFC","RBI","refinance debt","Shapoorji Pallonji","SP Group","Shapoorji Pallonji Group"],"section":"Companies","subSection":"News","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":null,"alternateUrls":null,"externalUrl":null,"subSectionL2":"","premiumStory":true,"elementCount":1},{"id":11722867591842,"title":"Marico and Britannia cheer rural growth as FMCG cos pin hopes on monsoon","articleType":"story","firstPublishedDate":"2024-08-06T01:00:05+0000","lastPublishedDate":"2024-08-06T01:00:05+0000","expiryDate":null,"type":"story","timeToRead":3,"headline":"Marico and Britannia cheer rural growth as FMCG cos pin hopes on monsoon","summary":"\u003cul\u003e\u003cli\u003eFMCG companies expect volume growth trends to sustain, aided by stable retail inflation, a healthy progress of monsoon and government's budgetary allocation towards boosting the rural economy.\u003c/li\u003e\u003c/ul\u003e","mobileHeadline":"Marico and Britannia cheer rural growth as FMCG cos pin hopes on monsoon","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/08/05/600x338/3-0-120689129-DSC-3705-0_1679839357968_1722867817870.jpg","thumbnail":"https://www.livemint.com/lm-img/img/2024/08/05/140x140/3-0-120689129-DSC-3705-0_1679839357968_1722867817870.jpg","caption":"Rural demand outpaced urban markets for the first time in 15 months in the March quarter. The trend seems to be sustaining.","webStoryImage":null,"url":"/industry/fmcg-dabur-itc-marico-britannia-monsoon-nielseniq-rural-economy-11722867591842.html","authors":["Suneera Tandon"],"agency":"","tags":[],"keywords":["dabur","itc","britannia","marico","marico ltd","dabur india q1 results","NielsenIQ","retail inflation","rural economy"],"section":"Industry","subSection":"","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":null,"alternateUrls":null,"externalUrl":null,"subSectionL2":"","premiumStory":true,"elementCount":3},{"id":11722853802305,"title":"How Zomato and Swiggy are sparking a boom for small-city eateries","articleType":"story","firstPublishedDate":"2024-08-06T00:30:04+0000","lastPublishedDate":"2024-08-06T00:30:04+0000","expiryDate":null,"type":"story","timeToRead":7,"headline":"How Zomato and Swiggy are sparking a boom for small-city eateries","summary":"The tier II and III segments are likely to become the next levers of revenue focus for online food tech delivery platforms that saw overall growth moderating last year.","mobileHeadline":"How Zomato and Swiggy are sparking a boom for small-city eateries","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/08/05/600x338/PTI06-12-2024-000226B-0_1718955908158_1722861639883.jpg","thumbnail":"https://www.livemint.com/lm-img/img/2024/08/05/140x140/PTI06-12-2024-000226B-0_1718955908158_1722861639883.jpg","caption":"Bonfire Pizza and Mysore Raman Idli are among thousands of restaurants in India’s tier II and III cities which have turned their fortunes around by partnering with food-delivery startups Swiggy and Zomato. (Photo: PTI)","webStoryImage":null,"url":"/companies/how-food-delivery-platforms-enable-tier-2-3-restaurateurs-zomato-swiggy-restaurants-online-ordering-11722853802305.html","authors":["Priyamvada C"],"agency":"","tags":[],"keywords":["food delivery platforms","restaurateurs","revenue","online","zomato","swiggy","food delivery"],"section":"Companies","subSection":"","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":null,"alternateUrls":null,"externalUrl":null,"subSectionL2":"","premiumStory":true,"elementCount":3},{"id":11722861653318,"title":"New draft broadcasting bill raises accountability, censorship concerns","articleType":"story","firstPublishedDate":"2024-08-06T01:30:07+0000","lastPublishedDate":"2024-08-06T01:30:07+0000","expiryDate":null,"type":"story","timeToRead":4,"headline":"New draft broadcasting bill raises accountability, censorship concerns","summary":"\u003cul\u003e\u003cli\u003eIndividuals posting “systematic” content that qualifies under news and current affairs on social media are liable to be directly regulated by the Centre—a move that many consultants and stakeholders fear could undermine free speech in the world’s largest democracy.\u003c/li\u003e\u003c/ul\u003e","mobileHeadline":"New draft broadcasting bill raises accountability, censorship concerns","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/08/05/600x338/PTI08-02-2024-000602B-0_1722862909412_1722862933697.jpg","thumbnail":"https://www.livemint.com/lm-img/img/2024/08/05/140x140/PTI08-02-2024-000602B-0_1722862909412_1722862933697.jpg","caption":"Union IT, Information and Broadcasting minister Ashwini Vaishnaw. 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","webStoryImage":null,"url":"/market/ipo/firstcry-ipo-softbank-price-band-baby-products-retail-business-ofs-investors-listing-stock-markets-expansion-11722859653479.html","authors":["Mayur Bhalerao"],"agency":"","tags":[],"keywords":["firstcry","firstcry ipo","ipo price band","baby products","retail business","ofs","investors","listing","stock markets","expansion"],"section":"Markets","subSection":"IPO","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":null,"alternateUrls":null,"externalUrl":null,"subSectionL2":"","premiumStory":true,"elementCount":12},{"id":11722857091776,"title":"Yen yorker: What is the 'yen carry trade’ that’s causing a global stock rout?","articleType":"story","firstPublishedDate":"2024-08-05T11:37:03+0000","lastPublishedDate":"2024-08-05T11:37:03+0000","expiryDate":null,"type":"story","timeToRead":3,"headline":"Yen yorker: What is the 'yen carry trade’ that’s causing a global stock rout?","summary":"\u003cul\u003e\u003cli\u003eThe Japanese yen has been an investor favourite and a major source of liquidity for equity markets around the world. Until now. On Monday, the yen was responsible for a global bloodbath across stock markets.\u003c/li\u003e\u003c/ul\u003e","mobileHeadline":"Yen yorker: What is the 'yen carry trade’ that’s causing a global stock rout?","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/08/05/600x338/PTI08-05-2024-000216A-0_1722857566902_1722857620145.jpg","thumbnail":"https://www.livemint.com/lm-img/img/2024/08/05/140x140/PTI08-05-2024-000216A-0_1722857566902_1722857620145.jpg","caption":"Onlookers react as they watch share prices tumble on a digital screen outside BSE in Mumbai. On Monday, 5 August, the Sensex and Nifty tumbled in-line with extremely weak trends in global markets. (PTI)","webStoryImage":null,"url":"/market/stock-market-news/yen-carry-trade-global-stock-market-rout-sensex-nifty-rupee-federal-reserve-us-jobs-rate-cut-11722857091776.html","authors":["Abhishek Mukherjee"],"agency":"","tags":[],"keywords":["yen","Japan","yen carry trade","global stock rout","stock markets","Sensex","investors","Nifty","rupee","Federal Reserve","US jobs","rate cut"],"section":"Markets","subSection":"Stock Markets","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":null,"alternateUrls":null,"externalUrl":null,"subSectionL2":"","premiumStory":true,"elementCount":1},{"id":11722850959512,"title":"Services PMI: Steep price hikes could take the wind out of companies' sails","articleType":"story","firstPublishedDate":"2024-08-05T10:33:21+0000","lastPublishedDate":"2024-08-05T10:33:21+0000","expiryDate":null,"type":"story","timeToRead":2,"headline":"Services PMI: Steep price hikes could take the wind out of companies' sails","summary":"\u003cul\u003e\u003cli\u003eA pick-up in input cost pressures and stronger pipelines of new business gave services providers the confidence to hike selling prices again in July.\u003c/li\u003e\u003cli\u003eBut continuous price increases could dampen demand, especially in discretionary services.\u003c/li\u003e\u003c/ul\u003e","mobileHeadline":"Services PMI: Steep price hikes could take the wind out of companies' sails","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/08/05/600x338/bpo--621x414_1722853249125.jpg","thumbnail":"https://www.livemint.com/lm-img/img/2024/08/05/140x140/bpo--621x414_1722853249125.jpg","caption":"The seasonally adjusted HSBC India Services Business Activity Index eased marginally to 60.3 in July from 60.5 in the previous month. Photo: Mint","webStoryImage":null,"url":"/market/mark-to-market/hsbc-services-pmi-price-hikes-input-costs-business-activity-charge-inflation-rbi-interest-rate-cuts-11722850959512.html","authors":["Harsha Jethmalani"],"agency":"","tags":[],"keywords":["services pmi","july services pmi","services sector","services business activity","manufacturing pmi","input costs","rising input cost","charge inflation","composite pmi","services demand","discretionary services","interest rate cuts","rbi","monetary policy committee","inflation","cost inflation","HSBC India Services Business Activity Index"],"section":"Markets","subSection":"Mark To Market","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":null,"alternateUrls":null,"externalUrl":null,"subSectionL2":"","premiumStory":true,"elementCount":1},{"id":11722850548109,"title":"Why SBI is comfortably placed despite slow growth in deposits","articleType":"story","firstPublishedDate":"2024-08-05T10:03:55+0000","lastPublishedDate":"2024-08-05T10:03:55+0000","expiryDate":null,"type":"story","timeToRead":3,"headline":"Why SBI is comfortably placed despite slow growth in deposits","summary":"\u003cul\u003e\u003cli\u003eSome of the large peers of SBI, like ICICI Bank, Axis Bank and Kotak Mahindra Bank managed to achieve deposit growth in the range of 13-21%. But the state-run lender decided not to chase deposits aggressively for a couple of reasons\u003c/li\u003e\u003c/ul\u003e","mobileHeadline":"Why SBI is comfortably placed despite slow growth in deposits","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/08/05/600x338/PTI08-03-2024-000299B-0_1722851694345_1722851721807.jpg","thumbnail":"https://www.livemint.com/lm-img/img/2024/08/05/140x140/PTI08-03-2024-000299B-0_1722851694345_1722851721807.jpg","caption":"Dinesh Kumar Khara, chairman, said SBI aims to maintain NIM in the range of 3.2-3.4% going forward  (PTI Photo) ","webStoryImage":null,"url":"/market/mark-to-market/sbi-icici-bank-axis-bank-kotak-mahindra-interest-margin-npa-11722850548109.html","authors":[],"agency":"","tags":[],"keywords":["SBI","ICICI Bank","Axis Bank","Kotak Mahindra","interest margin","NPA"],"section":"Markets","subSection":"Mark To Market","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":null,"alternateUrls":null,"externalUrl":null,"subSectionL2":"","premiumStory":true,"elementCount":5},{"id":11722835125926,"title":"Auto and health insurer Acko’s next big bet is a $370-billion industry","articleType":"story","firstPublishedDate":"2024-08-05T07:29:14+0000","lastPublishedDate":"2024-08-05T07:29:14+0000","expiryDate":null,"type":"story","timeToRead":4,"headline":"Auto and health insurer Acko’s next big bet is a $370-billion industry","summary":"With its acquisition of OneCare last month, Acko has chosen to not restrict itself to its initial proposition. Now, it is not just an insurer but a full-blown healthcare service enabler.","mobileHeadline":"Auto and health insurer Acko’s next big bet is a $370-billion industry","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/08/05/600x338/diagnostics_1721809278689_1722842625052.jpg","thumbnail":"https://www.livemint.com/lm-img/img/2024/08/05/140x140/diagnostics_1721809278689_1722842625052.jpg","caption":"Just as Acko diversified from auto insurance to include maintenance and repair, it's now reaching beyond health insurance to also offer a range of health services from prevention to care and recovery. (iStockphoto)","webStoryImage":"https://www.livemint.com/lm-img/img/2024/08/05/270x480/diagnostics_1721809278689_1722842625052.jpg","url":"/companies/acko-diversification-auto-health-insurance-onecare-acquisition-healthcare-services-11722835125926.html","authors":["Sowmya Ramasubramanian"],"agency":"","tags":[],"keywords":["acko","insurance","health insurance","fintech startup","general atlantic","multiples pe","diversification","auto insurance","OneCare","acquisition","healthcare","healthcare services"],"section":"Companies","subSection":"","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":null,"alternateUrls":null,"externalUrl":null,"subSectionL2":"","premiumStory":true,"elementCount":4},{"id":11722842146721,"title":"Trust your doctor, check your broker: The overlooked risk in financial advice","articleType":"story","firstPublishedDate":"2024-08-05T10:19:13+0000","lastPublishedDate":"2024-08-05T10:19:13+0000","expiryDate":null,"type":"story","timeToRead":4,"headline":"Trust your doctor, check your broker: The overlooked risk in financial advice","summary":"\u003cul\u003e\u003cli\u003eWhile KYC ensures your bank knows you well, do you really know your financial advisor? Unlike doctors and lawyers, financial advisors often escape scrutiny, leading to overlooked risks and potential losses. Verify their qualifications to safeguard your investments.\u003c/li\u003e\u003c/ul\u003e","mobileHeadline":"Trust your doctor, check your broker: The overlooked risk in financial advice","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/08/05/600x338/ge9e85c5e393c6874a89c66a0d6769d4fecc57599faab3d5901902ddae37c227b6f14dd0721e6e41dfebc4ab9ddc25412c57fcc0b09111798142b166dfc3d0447_1280_1722849863176_1722852964663.jpg","thumbnail":"https://www.livemint.com/lm-img/img/2024/08/05/140x140/ge9e85c5e393c6874a89c66a0d6769d4fecc57599faab3d5901902ddae37c227b6f14dd0721e6e41dfebc4ab9ddc25412c57fcc0b09111798142b166dfc3d0447_1280_1722849863176_1722852964663.jpg","caption":"Investors need guidance from certified professionals to ensure accountability. They must invest wisely because they alone are responsible for their financial future. (Image: Pixabay)","webStoryImage":null,"url":"/money/personal-finance/kyc-financial-planning-financial-adviser-know-your-adviser-sebi-ria-risks-free-advice-stock-trading-f-o-high-retruns-11722842146721.html","authors":[],"agency":"","tags":[],"keywords":["kyc","financial planning","financial adviser","know your adviser","sebi-registered adviser","risks","free advice","stock trading","f\u0026o","high returns","finfluencers"],"section":"Money","subSection":"Personal Finance","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":null,"alternateUrls":null,"externalUrl":null,"subSectionL2":"","premiumStory":true,"elementCount":3},{"id":11722594752461,"title":"Showered with stock options? Your startup may be headed for an IPO","articleType":"story","firstPublishedDate":"2024-08-05T00:30:08+0000","lastPublishedDate":"2024-08-05T00:30:08+0000","expiryDate":null,"type":"story","timeToRead":5,"headline":"Showered with stock options? Your startup may be headed for an IPO","summary":"\u003cul\u003e\u003cli\u003eOut of 60 companies that went public in the last three fiscal years, 54% introduced long-term incentives (LTIs) in the form of stock grants four years before an initial public offering (IPO). What's more, the middle management and key junior executives are benefiting as well.\u003c/li\u003e\u003c/ul\u003e","mobileHeadline":"Showered with stock options? Your startup may be headed for an IPO","image":null,"bigImage":"https://images.livemint.com/img/2024/08/04/600x338/IPO_Rossaribiotech_listing_PTI_1628323849253_1722775460774.jpg","thumbnail":"https://images.livemint.com/img/2024/08/04/140x140/IPO_Rossaribiotech_listing_PTI_1628323849253_1722775460774.jpg","caption":"The study considered 60 IPOs, including the top 20 IPOs by issue size in FY22, FY23 and FY24.","webStoryImage":null,"url":"/companies/deloitte-report-on-esop-grants-in-pre-ipo-startups-11722594752461.html","authors":["Devina Sengupta","Sneha Shah"],"agency":"","tags":[],"keywords":["IPO","Sebi","Esops","Swiggy","Zomato","Mankind Pharma","Deloitte","Long Term Incentives"],"section":"Companies","subSection":"","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":null,"alternateUrls":null,"externalUrl":null,"subSectionL2":"","premiumStory":true,"elementCount":9},{"id":11722832759753,"title":"Warren Buffett’s cash pile soars. What it could mean for you.","articleType":"story","firstPublishedDate":"2024-08-05T05:58:54+0000","lastPublishedDate":"2024-08-05T05:59:09+0000","expiryDate":null,"type":"story","timeToRead":5,"headline":"Warren Buffett’s cash pile soars. What it could mean for you.","summary":"\u003cul\u003e\u003cli\u003eWarren Buffett's cash hoard is skyrocketing. Why? This deep dive uncovers potential reasons and their implications for investors.\u003c/li\u003e\u003c/ul\u003e","mobileHeadline":"Warren Buffett’s cash pile soars. What it could mean for you.","image":null,"bigImage":"https://images.livemint.com/img/2024/08/05/600x338/Warren-Buffett-s-Benevolence-0_1722836132526_1722836214090.jpg","thumbnail":"https://images.livemint.com/img/2024/08/05/140x140/Warren-Buffett-s-Benevolence-0_1722836132526_1722836214090.jpg","caption":"Warren Buffett, chairman and CEO of Berkshire Hathaway. (File Photo: AP)","webStoryImage":"https://images.livemint.com/img/2024/08/05/270x480/Warren-Buffett-s-Benevolence-0_1722836132526_1722836214090.jpg","url":"/opinion/columns/warren-buffett-cash-hoarding-investors-investing-us-debt-bonds-markets-asset-allocation-11722832759753.html","authors":["Rahul Goel"],"agency":"","tags":[],"keywords":["warren buffett","cash hoarding","investors","investing","us debt","us government bonds. markets","asset allocation"],"section":"Opinion","subSection":"Columns","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":null,"alternateUrls":null,"externalUrl":null,"subSectionL2":"","premiumStory":true,"elementCount":7},{"id":11722773029230,"title":"Not an easy marriage, but Aster-Care merger to deliver India's third-largest hospital chain","articleType":"story","firstPublishedDate":"2024-08-05T01:00:09+0000","lastPublishedDate":"2024-08-05T01:00:09+0000","expiryDate":null,"type":"story","timeToRead":4,"headline":"Not an easy marriage, but Aster-Care merger to deliver India's third-largest hospital chain","summary":"\u003cul\u003e\u003cli\u003eThe Aster DM-Care deal marks the growing healthcare ambitions of Blackstone, which owns large stakes in both companies\u003c/li\u003e\u003cli\u003eAzad Moopen is expected to be executive chairman of the new company.\u003c/li\u003e\u003c/ul\u003e","mobileHeadline":"Aster, Care merger to deliver India's third-largest hospital chain","image":null,"bigImage":"https://images.livemint.com/img/2024/08/04/600x338/aster_DM_1722781981034_1722781981199.jpg","thumbnail":"https://images.livemint.com/img/2024/08/04/140x140/aster_DM_1722781981034_1722781981199.jpg","caption":"Aster DM and Care Hospitals have signed a term sheet for the merger and due diligence is under way,","webStoryImage":null,"url":"/companies/azad-moopen-to-head-aster-dm-quality-care-in-big-hospital-merger-blackstone-manipal-health-enterprises-11722773029230.html","authors":["Ranjani Raghavan","Varun Sood"],"agency":"","tags":[],"keywords":["Blackstone","TPG","KKR","Azad Moopen","Care Hospitals","Aster DM Healthcare","Apollo Hospitals","Manipal Health Enterprises"],"section":"Companies","subSection":"","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":null,"alternateUrls":null,"externalUrl":null,"subSectionL2":"","premiumStory":true,"elementCount":4},{"id":11722788710809,"title":"Mint Primer | West Asia is on the boil: What it means for India","articleType":"story","firstPublishedDate":"2024-08-05T00:30:08+0000","lastPublishedDate":"2024-08-05T00:30:08+0000","expiryDate":null,"type":"story","timeToRead":3,"headline":"Mint Primer | West Asia is on the boil: What it means for India","summary":"\u003cul\u003e\u003cli\u003eIran and Israel are critical to India’s economic stakes in the region and beyond. The escalation can impact initiatives like the India Middle East Europe Economic Corridor, the 10-year India-Iran MOU for development of Chabahar port, and the I2U2, comprising India-Israel-UAE and the US.\u003c/li\u003e\u003c/ul\u003e","mobileHeadline":"West Asia is on the boil: What it means for India","image":null,"bigImage":"https://images.livemint.com/img/2024/08/04/600x338/TOPSHOT-ISRAEL-PALESTINIAN-LEBANON-CONFLICT-IRAN-0_1722788847880_1722788873301.jpg","thumbnail":"https://images.livemint.com/img/2024/08/04/140x140/TOPSHOT-ISRAEL-PALESTINIAN-LEBANON-CONFLICT-IRAN-0_1722788847880_1722788873301.jpg","caption":"Rockets fired from southern Lebanon are intercepted by Israel's Iron Dome air defence system over the Upper Galilee region in northern Israel, on 4 August 2024. 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tariffs), make it easier in general to do business in the country and create a strategic framework to vet proposals of foreign direct investment.\u003c/li\u003e\u003c/ul\u003e","mobileHeadline":"How best to attract FDI: Four pointers for an ‘investment-friendly charter’","image":null,"bigImage":"https://images.livemint.com/img/2024/08/04/600x338/NITI_aayog_meet_1722092382697_1722759897084.jpg","thumbnail":"https://images.livemint.com/img/2024/08/04/140x140/NITI_aayog_meet_1722092382697_1722759897084.jpg","caption":"Infrastructure and logistics in India, despite significant investment, still lag in efficiency.","webStoryImage":null,"url":"/opinion/online-views/viksit-bharat-2047-niti-aayog-modi-meeting-infrastructure-fdi-pli-scheme-suzuki-chinese-imports-domestic-production-11722759667393.html","authors":[],"agency":"","tags":[],"keywords":["viksit bharat 204","niti aayog meeting","narendra modi","infrastructure","FDI","PLI scheme","raw material costs","suzuki","chinese 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class='webrupee'\u003e₹\u003c/span\u003e224 crore, revenue falls 17% to  \u003cspan class='webrupee'\u003e₹\u003c/span\u003e2,287 crore","summary":"IRCON Q1 results: Net profit rises 19% to  \u003cspan class='webrupee'\u003e₹\u003c/span\u003e224 crore, revenue falls 17% to  \u003cspan class='webrupee'\u003e₹\u003c/span\u003e2,287 crore","mobileHeadline":"IRCON Q1 results: Net profit rises 19% to  \u003cspan class='webrupee'\u003e₹\u003c/span\u003e224 cr, revenue falls at  \u003cspan class='webrupee'\u003e₹\u003c/span\u003e2,287 cr","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/08/08/600x338/Ircon_1723121899876_1723121900021.jpg","thumbnail":"https://www.livemint.com/lm-img/img/2024/08/08/140x140/Ircon_1723121899876_1723121900021.jpg","caption":"Ircon International Q1 results: Net profit rises 19% to  \u003cspan class='webrupee'\u003e₹\u003c/span\u003e224 crore, revenue falls 17% to  \u003cspan class='webrupee'\u003e₹\u003c/span\u003e2,287 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crore over sales boost, revenue up 10% YoY","summary":"\u003cul\u003e\u003cli\u003eEicher Motors Q1 Results: Net profit rises 20% to highest ever at  \u003cspan class='webrupee'\u003e₹\u003c/span\u003e1,101.5 crore over sales boost, revenue up 10% YoY\u003c/li\u003e\u003c/ul\u003e","mobileHeadline":"Eicher Motors Q1 Results: Net profit rises 20% to  \u003cspan class='webrupee'\u003e₹\u003c/span\u003e1,101.5 cr, revenue up 10%","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/08/08/600x338/Eu_1723120653263_1723120653489.jpg","thumbnail":"https://www.livemint.com/lm-img/img/2024/08/08/140x140/Eu_1723120653263_1723120653489.jpg","caption":"A Royal Enfield Classic Chrome bike is displayed at the flagship showroom of Royal Enfield, unit of Eicher Motors Ltd, in Gurgaon, India, on Monday, May 20, 2013 .Prashanth Vishwanathan/Bloomberg News","webStoryImage":null,"url":"/companies/company-results/eicher-motors-q1-results-net-profit-rises-20-to-highest-ever-at-rs-1-101-5-crore-over-sales-boost-revenue-up-10-yoy-11723120236939.html","authors":["Nikita Prasad"],"agency":"","tags":[],"keywords":["eicher motors share price"],"section":"Companies","subSection":"Company Results","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":[{"key":"genericopenstory","value":"true"}],"alternateUrls":null,"externalUrl":null,"subSectionL2":"","premiumStory":false,"elementCount":1},{"id":11723119887362,"title":"Goldman Sachs is giving select clients access to one of its hottest businesses","articleType":"story","firstPublishedDate":"2024-08-08T12:32:45+0000","lastPublishedDate":"2024-08-08T12:32:45+0000","expiryDate":null,"type":"story","timeToRead":3,"headline":"Goldman Sachs is giving select clients access to one of its hottest businesses","summary":"A big push into asset-backed loans is part of the bank’s plan to 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Bangladesh—Nobel Peace Prize winner Muhammad Yunus landed in Bangladesh on Thursday to take charge of a country roiled by mass demonstrations and a crackdown by security forces that has killed hundreds of protesters, police and bystanders.\u003c/p\u003e\u003cp\u003eThe 84-year-old will be sworn in hours later as leader of an interim government after former Prime Minister Sheikh Hasina’s more than 15 years of continuous rule came to an abrupt end this week. Yunus was greeted at the Dhaka airport by Bangladesh’s Army Chief Gen. Waker-Uz-Zaman and other top military brass and immediately huddled for talks with the military leader and student protest leaders.\u003c/p\u003e\u003cp\u003eHasina resigned and fled the country on Monday after weeks of tumultuous protest that began over recruitment for government jobs and snowballed into a broader rejection of her increasingly autocratic rule.\u003c/p\u003e\u003cp\u003eUpon arrival, Yunus congratulated students for their successful uprising and for safeguarding the country.\u003c/p\u003e\u003cp\u003e“This is a day of pride,” said Yunus. “Through a revolution Bangladesh is marking a second liberation.”\u003c/p\u003e\u003cp\u003eHe also expressed sadness over the death of one of the first students to be killed in the protests—a shooting captured in a mobile phone video and widely viewed in the country. Because of the student’s brave example, Yunus said, the people of Bangladesh stood up.\u003c/p\u003e\u003cp\u003eYunus implored Bangladeshis to stay calm and avoid attacks on perceived enemies. “We are one family,” he said. “If we travel forward together we can create a beautiful country.”\u003c/p\u003e\u003cp\u003eFearing for their own safety, police haven’t been patrolling the streets for much of this week. Deadly clashes on Sunday killed at least 85 people, including several officers.\u0026nbsp;More than 300 people have been killed since the protests escalated in mid-July.\u003c/p\u003e\u003cp\u003eResidents said that the disorder had simmered down in recent days, but bouts of violence directed at supporters of Hasina’s ruling party continue. The army and student protest leaders have expressed concern over the safety of the country’s minority Hindus, seen as close to Hasina.\u003c/p\u003e\u003cp\u003eBangladesh’s newly appointed police chief Mainul Islam on Wednesday urged police officers across the country to resume duty within 24 hours and restore discipline in the force. He also expressed sorrow for excesses by the police and promised a full investigation into every killing during the protests.\u003c/p\u003e\u003cp\u003eResidents said that looting had increased since Hasina’s resignation. Students from various universities in Dhaka, the capital, have taken over directing traffic because no traffic police have reported for duty for two days.\u003c/p\u003e\u003cp\u003e“We are doing it voluntarily so that the people don’t suffer,” said Redoan Ahammed Adil, a student at East West University in Dhaka.\u003c/p\u003e\u003cp\u003eAdil said students belonging to his school’s environmental and social club are taking turns directing cars in a nearby neighborhood. Across the city, many students have volunteered for similar roles, he said.\u003c/p\u003e\u003cp\u003eOn Tuesday an angry crowd showed up outside of offices of the Mohammadi Group, a Bangladeshi garment-making conglomerate, intent on vandalism. With police nowhere to be found, Rubana Huq, the group’s chairwoman, said dozens of her employees rushed from a nearby factory to confront the rioters.\u003c/p\u003e\u003cp\u003eThe Mohammadi employees explained that while the office building was owned by a controversial political figure, Huq and her late husband were politically neutral and shouldn’t be targeted.\u003c/p\u003e\u003cp\u003e“All of them backed off,” she said of the rioters. “There’s revenge in the air, but there’s also sanity.”\u003c/p\u003e\u003cp\u003eYunus, a widely respected economist who pioneered microcredit, or extending small loans to impoverished people, will have a monumental task ahead, analysts said. 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Reserve Bank of India (\u003ca class=\"manualbacklink\" target=\"_blank\" href=\"https://www.livemint.com/money/personal-finance/rbi-monetary-policy-cheque-clearance-cycle-to-be-reduced-from-days-to-hours-says-rbi-governor-shaktikanta-das-11723105960598.html\"\u003eRBI\u003c/a\u003e) Governor Saktikanta Das on Thursday, August 8, announced that Delegated Payments through a Unified Payments Interface (\u003ca class=\"manualbacklink\" target=\"_blank\" href=\"https://www.livemint.com/news/india/npci-records-nearly-rs-10-000-crore-credit-disbursed-through-upi-every-month-11722957780027.html\"\u003eUPI\u003c/a\u003e) will enable a user to authorise another user to carry out UPI \u003ca class=\"manualbacklink\" target=\"_blank\" href=\"https://www.livemint.com/news/npci-implemented-standard-reward-rates-for-rupay-credit-cards-on-upi-transactions-details-here-rbi-rewards-points-11723011650384.html\"\u003etransactions\u003c/a\u003e from the former's bank account.\u003c/p\u003e\u003cp\u003eThe novel feature aims to give users an opportunity to grant access to another person who will be capable of carrying out UPI transactions through the original account holder's bank up to a specified limit, as per the central bank's statement.\u003c/p\u003e"},"image":null,"video":null,"liveBlog":null,"listicle":null,"listicleType":"","listicleArray":null,"listicleBulletType":null,"listicleHeadline":null,"indicesNew":null,"relatedStories":null,"collectionStories":null,"embed":null,"collectionPages":null,"elements":null,"listElement":null,"amazonAds":null,"flipkartAds":null,"cromaAds":null,"containAffiliateEmbed":false,"affiliateEmbedHeadline":true,"headline":"","summary":"","quickReadSummary":"","mobileHeadline":"","mobileAppNotificationHeadline":"","browserNotificationHeadline":"","facebookHeadline":"","subType":"","jsonSourceUrl":"","twitterHeadline":"","urlHeadline":"","leadMedia":null,"timeToRead":null,"linkStoryId":null,"introBody":"","webType":"","related":null,"showRelated":null,"newsletterHeadline":"","newsletterSummary":"","webStorySlide":null,"logoUrl":null,"logoPosition":null,"hasSlideImage":false,"hasSlideVideo":false,"hasLogoImage":false,"creditInfo":null,"altText":null,"metaTitle":null,"metaDescription":null,"keywords":null,"slideAnimation":"","sampleImagesIdList":[],"sampleImages":[],"personalisedSection":null,"personalisedSectionId":null,"paywallElement":false,"faqSectionHeading":null,"faqs":null,"tagline":null,"tabElements":null,"quiz":null,"poll":null,"bgParaColor":{"name":"","code":""},"quoteDesign":"Bold","contentHeading":null,"multipleLeadMediaIds":[],"multipleLeadMediaImages":[],"alsoReadStories":null,"alsoReadStoryIdList":null,"alsoReadStoriesUrl":null,"steps":null},{"id":11723117944079,"oldUuid":"","domainId":"5aeab8eefc36f218b0e0866b","mgOldUuid":null,"sourceBody":null,"title":"","articleType":"element","createdBy":"Anubhav 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Monetary Policy Highlights: Shaktikanta Das delivers ‘hawkish’ pause"},"alsoReadStoryIdList":[11723048492816],"alsoReadStoriesUrl":{"11723048492816":"/economy/rbi-policy-decision-live-updates-rbi-monetary-policy-committee-governor-shaktikanta-das-8-august-reserve-bank-of-indi-11723048492816.html"},"steps":null},{"id":11723117965506,"oldUuid":"","domainId":"5aeab8eefc36f218b0e0866b","mgOldUuid":null,"sourceBody":null,"title":"","articleType":"element","createdBy":"Anubhav Mukherjee","createdDate":"2024-08-08T11:52:45+0000","lastModifiedBy":"210831","lastModifiedDate":"2024-08-08T12:23:53+0000","lastPublishedBy":"Arun Sreenivasan","lastPublishedDate":"2024-08-08T12:57:34+0000","firstPublishedDate":"2024-08-08T12:56:21+0000","metadata":{"url":"","authors":[],"charCount":744,"wordCount":127,"agency":"","status":"CREATED","tags":[],"keywords":null,"section":"","column":"","subSection":"","topic":[],"topicUrls":null,"alternateSection":[],"location":[],"markUnimportant":false,"breakingNews":false,"sponsored":false,"editedBy":[],"writtenBy":[],"reportedBy":[],"agencyByLine":[],"bigStory":false,"deleteMode":null,"redirectUrl":"","videoMetadata":null,"dynamicMeta":null,"alternateUrls":null,"externalUrl":"","subSectionL2":"","design":"","canonicalUrl":"","killed":false,"killedStatusCode":0,"audioSourceUrl":"","disclaimer":"","sponsoredTitle":"","storyType":null,"jsonSourceUrl":null,"subType":null,"syndicationFeed":false,"premiumStory":false,"metaTitle":"","metaDescription":"","ytMigrated":"","handpicked":false,"audienceTags":null,"autoBackLinked":false,"autoBackLinkCount":0,"totalLinkCount":0,"vdoAiUrl":"","aiContent":false,"removeAds":false,"contextualKeyword":null,"embedAmazonCount":0,"embedCromaCount":0,"embedFlipkartCount":0,"embedSnapdealCount":0,"relatedStoryTitle":null,"relatedStoryUrl":null,"additionalFields":null,"tableOfContentsHeading":null,"authorsList":null,"performanceArticleType":null,"appCollectionPosition":null,"appDesign":null},"social":{"twitter":true,"facebook":true},"isDeleted":0,"webId":"","expiryDate":null,"listRelatedStories":null,"listCollectionStories":null,"listCollectionPages":null,"moreFromThisSection":null,"trending":null,"name":"paragraph","timestamp":"2024-08-08T11:52:45+0000","heading":null,"timeToComplete":0,"timeToCompleteinHrs":0,"tools":null,"supplies":null,"type":"paragraph","paragraph":{"body":"\u003cp\u003e“It is proposed to introduce a facility of ‘Delegated Payments’ in UPI. This would enable an individual (primary user) to allow another individual (secondary user) to make UPI transactions up to a limit from the primary user’s bank account without the need for the secondary user to have a separate \u003ca class=\"manualbacklink\" target=\"_blank\" href=\"https://www.livemint.com/market/stock-market-news/bank-nifty-stock-price-live-updates-check-all-the-latest-updates-and-share-price-for-bank-nifty-stock-on-08-aug-2024-11723086000745.html\"\u003ebank\u003c/a\u003e account linked to UPI,” Governor Das said while announcing the outcome of the RBI's monetary policy meeting.\u003c/p\u003e\u003cp\u003eThe monetary policy committee on Thursday kept the repo rate unchanged at 6.5 per cent for the ninth time in a row.\u003c/p\u003e\u003cp\u003eWith the new feature, the Reserve Bank aims to increase the reach and capabilities of \u003ca class=\"manualbacklink\" target=\"_blank\" href=\"https://www.livemint.com/economy/rbi-proposes-public-repository-for-digital-lending-apps-what-you-need-to-know-loan-frauds-in-india-loan-scams-11723099491540.html\"\u003edigital\u003c/a\u003e payments to increase UPI usage in the country.\u003c/p\u003e\u003cp\u003e“This will further deepen the reach and usage of digital payments,” said Das.\u003c/p\u003e"},"image":null,"video":null,"liveBlog":null,"listicle":null,"listicleType":"","listicleArray":null,"listicleBulletType":null,"listicleHeadline":null,"indicesNew":null,"relatedStories":null,"collectionStories":null,"embed":null,"collectionPages":null,"elements":null,"listElement":null,"amazonAds":null,"flipkartAds":null,"cromaAds":null,"containAffiliateEmbed":false,"affiliateEmbedHeadline":true,"headline":"","summary":"","quickReadSummary":"","mobileHeadline":"","mobileAppNotificationHeadline":"","browserNotificationHeadline":"","facebookHeadline":"","subType":"","jsonSourceUrl":"","twitterHeadline":"","urlHeadline":"","leadMedia":null,"timeToRead":null,"linkStoryId":null,"introBody":"","webType":"","related":null,"showRelated":null,"newsletterHeadline":"","newsletterSummary":"","webStorySlide":null,"logoUrl":null,"logoPosition":null,"hasSlideImage":false,"hasSlideVideo":false,"hasLogoImage":false,"creditInfo":null,"altText":null,"metaTitle":null,"metaDescription":null,"keywords":null,"slideAnimation":"","sampleImagesIdList":[],"sampleImages":[],"personalisedSection":null,"personalisedSectionId":null,"paywallElement":false,"faqSectionHeading":null,"faqs":null,"tagline":null,"tabElements":null,"quiz":null,"poll":null,"bgParaColor":{"name":"","code":""},"quoteDesign":"Bold","contentHeading":null,"multipleLeadMediaIds":[],"multipleLeadMediaImages":[],"alsoReadStories":null,"alsoReadStoryIdList":null,"alsoReadStoriesUrl":null,"steps":null},{"id":11723117965236,"oldUuid":"","domainId":"5aeab8eefc36f218b0e0866b","mgOldUuid":null,"sourceBody":null,"title":"","articleType":"element","createdBy":"Anubhav 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monetary policy: 5 key highlights from RBI MPC outcome"},"alsoReadStoryIdList":[11723091736137],"alsoReadStoriesUrl":{"11723091736137":"/economy/rbi-monetary-policy-status-quo-on-repo-rate-for-9th-consecutive-time-5-key-highlights-from-rbi-mpc-outcome-11723091736137.html"},"steps":null},{"id":11723117986049,"oldUuid":"","domainId":"5aeab8eefc36f218b0e0866b","mgOldUuid":null,"sourceBody":null,"title":"","articleType":"element","createdBy":"Anubhav Mukherjee","createdDate":"2024-08-08T11:53:05+0000","lastModifiedBy":"210831","lastModifiedDate":"2024-08-08T12:27:03+0000","lastPublishedBy":"Arun 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Das also announced an increase in the transaction limits to  \u003cspan class='webrupee'\u003e₹\u003c/span\u003e5 lakh, compared to the earlier  \u003cspan class='webrupee'\u003e₹\u003c/span\u003e1 lakh for payment of tax digitally through UPI, as per the statement. The banking \u003ca class=\"manualbacklink\" target=\"_blank\" href=\"https://www.livemint.com/industry/banking/chinese-regulators-probe-banks-for-breaking-bond-buying-rules-11723099822774.html\"\u003eregulator\u003c/a\u003e aims to further ease the process of tax payments with this move.\u003c/p\u003e\u003cp\u003eThe RBI's monetary policy meeting kept the key benchmark \u003ca class=\"manualbacklink\" target=\"_blank\" href=\"https://www.livemint.com/money/personal-finance/union-bank-of-india-offers-interest-up-to-8-15-percent-on-333-day-fixed-deposits-fd-interest-rates-hdfc-pnb-bob-11722974524468.html\"\u003einterest\u003c/a\u003e rate, the repo rate, unchanged at 6.5 per cent as the central bank maintains its “withdrawal of accommodation” policy. The RBI's GDP growth estimates are at 7.2 per cent for the financial year 2024-25. The central bank also said that \u003ca class=\"manualbacklink\" target=\"_blank\" href=\"https://www.livemint.com/market/stock-market-news/rbi-monetary-policy-mpc-keeps-fy25-inflation-forecast-unchanged-at-45-11723090357739.html\"\u003einflation\u003c/a\u003e is a disinflationary trend, but volatile food inflation remains an area of concern.\u003c/p\u003e"},"image":null,"video":null,"liveBlog":null,"listicle":null,"listicleType":"","listicleArray":null,"listicleBulletType":null,"listicleHeadline":null,"indicesNew":null,"relatedStories":null,"collectionStories":null,"embed":null,"collectionPages":null,"elements":null,"listElement":null,"amazonAds":null,"flipkartAds":null,"cromaAds":null,"containAffiliateEmbed":false,"affiliateEmbedHeadline":true,"headline":"","summary":"","quickReadSummary":"","mobileHeadline":"","mobileAppNotificationHeadline":"","browserNotificationHeadline":"","facebookHeadline":"","subType":"","jsonSourceUrl":"","twitterHeadline":"","urlHeadline":"","leadMedia":null,"timeToRead":null,"linkStoryId":null,"introBody":"","webType":"","related":null,"showRelated":null,"newsletterHeadline":"","newsletterSummary":"","webStorySlide":null,"logoUrl":null,"logoPosition":null,"hasSlideImage":false,"hasSlideVideo":false,"hasLogoImage":false,"creditInfo":null,"altText":null,"metaTitle":null,"metaDescription":null,"keywords":null,"slideAnimation":"","sampleImagesIdList":[],"sampleImages":[],"personalisedSection":null,"personalisedSectionId":null,"paywallElement":false,"faqSectionHeading":null,"faqs":null,"tagline":null,"tabElements":null,"quiz":null,"poll":null,"bgParaColor":{"name":"","code":""},"quoteDesign":"Bold","contentHeading":null,"multipleLeadMediaIds":[],"multipleLeadMediaImages":[],"alsoReadStories":null,"alsoReadStoryIdList":null,"alsoReadStoriesUrl":null,"steps":null},{"id":11723117985588,"oldUuid":"","domainId":"5aeab8eefc36f218b0e0866b","mgOldUuid":null,"sourceBody":null,"title":"","articleType":"element","createdBy":"Anubhav 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RBI’s decision to keep rates unchanged is on expected lines with an intention to keep inflation under check. While the RBI is focused on reining in inflation within its target limit, the expectation of a good \u003ca class=\"manualbacklink\" target=\"_blank\" href=\"https://www.livemint.com/industry/fmcg-dabur-itc-marico-britannia-monsoon-nielseniq-rural-economy-11722867591842.html\"\u003emonsoon\u003c/a\u003e may prompt the apex bank to lower interest rates in the subsequent months thereby further propelling \u003ca class=\"manualbacklink\" target=\"_blank\" href=\"https://www.livemint.com/companies/company-results/q1-results-domestic-cyclicals-drive-earnings-growth-so-far-industrials-real-estate-psu-banks-preferred-themes-mofsl-11722931064235.html\"\u003ereal estate \u003c/a\u003esales momentum and also providing an opportunity to perspective homebuyers to enter in the market,\" said Pradeep Aggarwal, Founder and Chairman of Signature Global (India) Ltd.\u0026nbsp;\u003c/p\u003e\u003cp\u003e\"While portraying a robust forecast for economic growth, the RBI’s all-round efforts will positively impact homebuyers sentiments and industry as well,\" Aggarwal added.\u003c/p\u003e\u003cp\u003e\u0026nbsp;\u003c/p\u003e"},"image":null,"video":null,"liveBlog":null,"listicle":null,"listicleType":"","listicleArray":null,"listicleBulletType":null,"listicleHeadline":null,"indicesNew":null,"relatedStories":null,"collectionStories":null,"embed":null,"collectionPages":null,"elements":null,"listElement":null,"amazonAds":null,"flipkartAds":null,"cromaAds":null,"containAffiliateEmbed":false,"affiliateEmbedHeadline":true,"headline":"","summary":"","quickReadSummary":"","mobileHeadline":"","mobileAppNotificationHeadline":"","browserNotificationHeadline":"","facebookHeadline":"","subType":"","jsonSourceUrl":"","twitterHeadline":"","urlHeadline":"","leadMedia":null,"timeToRead":null,"linkStoryId":null,"introBody":"","webType":"","related":null,"showRelated":null,"newsletterHeadline":"","newsletterSummary":"","webStorySlide":null,"logoUrl":null,"logoPosition":null,"hasSlideImage":false,"hasSlideVideo":false,"hasLogoImage":false,"creditInfo":null,"altText":null,"metaTitle":null,"metaDescription":null,"keywords":null,"slideAnimation":"","sampleImagesIdList":[],"sampleImages":[],"personalisedSection":null,"personalisedSectionId":null,"paywallElement":false,"faqSectionHeading":null,"faqs":null,"tagline":null,"tabElements":null,"quiz":null,"poll":null,"bgParaColor":{"name":"","code":""},"quoteDesign":"Bold","contentHeading":null,"multipleLeadMediaIds":[],"multipleLeadMediaImages":[],"alsoReadStories":null,"alsoReadStoryIdList":null,"alsoReadStoriesUrl":null,"steps":null}],"amazonAds":null,"flipkartAds":null,"cromaAds":null,"containAffiliateEmbed":false,"affiliateEmbedHeadline":true,"headline":"RBI MPC meeting: New UPI feature to enable multiple users to share bank account for making transactions; here's how","summary":"Reserve Bank of India Governor Saktikanta Das announced a new UPI feature, which enables a user to authorise another user to carry out UPI transactions from the former's bank account. 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But you didn’t have to make highly coveted AI chips to post triple-digit returns—you could have been selling sweaters and khakis. The best performer in Heard on the Street’s seventh annual stock-picking series was Gap with a total return of 119%, picked by retail industry-watcher Jinjoo Lee.\u003c/p\u003e\u003cp\u003eIt was a bold call: Lee noted that the retailer’s shares, then in the dumps, had declined by 5.4% over the preceding 21 years. But, with a creative new leader at the helm, she said Gap’s discount was just too enticing to ignore.\u003c/p\u003e\u003cp\u003eOur columnists’ second-best pick was born out of skepticism instead of a leap of faith. Europe editor and automotive-industry follower Stephen Wilmot looked at the red-hot shares of Vietnamese EV maker VinFast and saw a crash coming. Though its share price had retreated somewhat by publication time last August, the company still was worth more than General Motors. His short bet on the stock returned 87%.\u003c/p\u003e\u003cp\u003eBut what one pessimistic wager gave, another took away—and then some. SBB, a Swedish property company “hooked on the crack of cheap debt,” according to one critic, looked to columnist Carol Ryan like it was teetering. While the company is hardly back to its heyday, it has defied the pessimists. And its performance highlights a key difference between newspaper columnists touting stocks on paper and hedge-fund traders doing so in real life: The bet lost 104%, which would be stinging enough for almost any professional to have cut their losses before it got that bad.\u003c/p\u003e\u003cp\u003eAlmost as tricky as picking short candidates, which can have theoretically unlimited downside, is trying to find a winner in the world of drug development. That is why professional healthcare investors spread their bets across multiple companies with a few big winners making up for duds. Heard’s columnists get only two picks and the team’s healthcare watcher, David Wainer, struck out on both of his stocks—a company developing a treatment for bladder cancer and another working on skin ailments. Both UroGen Pharma and MoonLake Immunotherapeutics lost 27% of their value.\u003c/p\u003e\u003cp\u003eThat was hard to predict. An even bigger loser should have been a lot more obvious. Heard editor Spencer Jakab thought that beaten-down timeshare-seller Marriott Vacations Worldwide could get past high rates and consumers’ financial jitters with its new and improved business model. So far, so bad—it is getting harder to get their typically middle-class clientele to sign on the dotted line during one of those notorious 90-minute sales pitches, despite the usual freebies like discounted stays at a sunny resort. Its shares lost 28%, making them the second-worst pick over the past year after SBB.\u003c/p\u003e\u003cp\u003eThat stock and other losers were enough to outweigh the seven columnist picks that beat the S\u0026amp;P 500 during the contest. While Heard’s picks would have made money, an equally weighted basket of them gained only 8.6% through last Friday compared with a nearly 21% total return for the S\u0026amp;P 500 index.\u003c/p\u003e\u003cp\u003eAs Heard gears up for its eighth annual stock-picking series starting on Aug. 19 and running for two weeks, is it all an exercise in futility? Yes and no. While we would be middling mutual-fund managers, beating the market some years and lagging behind it in others, the columns themselves shed an unconflicted light on companies that are rarely written about outside of short recaps of their earnings or when there is news such as a change in the C-suite.\u003c/p\u003e\u003cp\u003eThe contest also highlights the difficulty of stock picking. That long-term line that one sees representing a major stock index over the years consists of surprisingly few winners. Last year, for example, nearly two-thirds of the S\u0026amp;P 500’s 26% gain came from the so-called Magnificent Seven stocks. Without them the index had a gain shy of 10%, according to calculations by BlackRock.\u003c/p\u003e\u003cp\u003ePerformance is even more lopsided when measured in decades. A long-term study by Hendrik Bessembinder shows that half of all excess returns for American stocks over risk-free Treasury securities were created by just 83 companies from 1926 to 2019. Most haven’t been worth owning. An investor could have been very lucky, or smart, and made a substantial long-term investment in a top performer such as Altria, formerly Philip Morris, which compounded at 16.5% for a 2,655,289% return through 2023. Or they could buy an index fund and probably still see their nest egg grow nicely, propelled by a handful of tomorrow’s winners.\u003c/p\u003e\u003cp\u003eWill Heard’s columnists pick one of them later this month? Getting rich quickly sure beats doing it slowly, but the goal of the series is to be analytical and informative, not to promise readers a ticket to an early retirement.\u003c/p\u003e\u003cp\u003e\u003ci\u003eWrite to Spencer Jakab at 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The bill introduced in the Lok Sabha on Thursday and sparked outrage in the Opposition ranks. Union Minister \u003ca class=\"manualbacklink\" target=\"_blank\" href=\"https://www.livemint.com/news/india/waqf-board-bill-give-rights-kiren-rijiju-defends-inheritance-muslims-opposition-congress-tdp-bjp-congress-parliament-11723108400992.html\"\u003eKiren Rijiju however insisted that the changes did not interfere with religious freedom\u003c/a\u003e or violate any provisions of the Constitution.\u003c/p\u003e\u003cp\u003e“I would like to express my gratitude to the government of India and PM Modi for introducing this historic Bill in the Parliament. Amending the Waqf act was the need of the hour for the Muslim community, especially for the women,” the former Union Minister told PTI.\u003c/p\u003e\u003cp\u003e\u003ca class=\"manualbacklink\" target=\"_blank\" href=\"https://www.livemint.com/news/india/rahul-gandhi-refrain-from-using-derogatory-language-against-smriti-irani-any-other-leader-11720777725605.html\"\u003eIrani had lost her Amethi Lok Sabha seat to Congress leader Kishori Lal Sharma\u003c/a\u003e earlier this year by a margin of more than 1.5 lakh votes. 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of people are flocking to drugs like Ozempic and Wegovy to lose weight and treat health problems. Doctors say one group that could benefit from the drugs is missing out: seniors.\u003c/p\u003e\u003cp\u003eFor older people, these medications can help in ways that go beyond losing weight, physicians say. Fewer pounds can lead to more mobility and better balance, allowing older people to become more active. That can boost mood, overall health, and sometimes makes the difference between walking freely or using a wheelchair or cane.\u003c/p\u003e\u003cp\u003eDoctors say they’re hearing more from older people who are interested in taking the drugs. However, seniors face insurance hurdles to get the drugs covered. And doctors note that older people need to be careful about losing muscle mass when on the drugs, as well as possible interactions with other medications.\u003c/p\u003e\u003cp\u003eNine percent of people 65 and older reported taking GLP-1 medications, such as Ozempic, Wegovy and Zepbound, compared with 19% of people ages 50 to 64, according to a May KFF poll.\u003c/p\u003e\u003cp\u003e“These drugs would really benefit seniors but there’s always these additional worries,” says Dr. Sun Kim, an associate professor in the division of endocrinology at Stanford University School of Medicine. “I think sometimes we prioritize the risk over benefit when people get older.”\u003c/p\u003e\u003ch3\u003eConcerns for seniors\u003c/h3\u003e\u003cp\u003eDoctors say it’s important to counsel seniors that they can lose muscle, not just weight, on GLP-1 drugs, increasing their vulnerability to bone problems and injuries. Seniors already grapple with sarcopenia, age-related loss of muscle mass and strength.\u003c/p\u003e\u003cp\u003eThe drugs can also be more complex to manage for older people taking multiple medications. Someone with high blood pressure may take a diuretic medication that makes them more prone to dehydration, for instance. And GLP-1s can reduce a person’s appetite for food and fluids, potentially increasing risk of dehydration.\u003c/p\u003e\u003cp\u003eAnother significant hurdle for seniors: Medicare, the federal insurance program for people age 65 or older, doesn’t typically cover weight-loss medications—including GLP-1 drugs—if they are prescribed solely for weight loss. Medicare will cover the drugs if they are used to treat Type 2 diabetes, or for people who are overweight or obese and have a history of heart disease.\u003c/p\u003e\u003cp\u003ePeople who lose weight on the medications in their early 60s could find themselves in a tough spot when they turn 65. Many can’t afford the out-of-pocket cost, which is upward of $1,000 a month. They can try to keep weight off with diet and exercise, or with help from older weight-loss medications, but that approach isn’t always as effective.\u003c/p\u003e\u003cp\u003eMost people on GLP-1 drugs who lose coverage at age 65 end up gaining weight back, says Dr. Caroline Apovian, co-director of the Center for Weight Management and Wellness at Brigham and Women’s Hospital in Boston.\u003c/p\u003e\u003cp\u003eDr. Amanda Velazquez, director of obesity medicine at Cedars-Sinai Center for Weight Management and Metabolic Health in Los Angeles, says when patients are in their early 60s, she explains that they may not have coverage of the drugs once they hit age 65. But she doesn’t discourage them from trying the treatment.\u003c/p\u003e\u003cp\u003e“If we can allow you to improve your health for a period of your life—three, four, five years—that’s better than no improvement of your health for that duration of time,” she says.\u003c/p\u003e\u003ch3\u003ePrecautions and benefits\u003c/h3\u003e\u003cp\u003eExtra steps—such as strength training, eating more protein, and losing weight slowly—can counter some of the concerns about muscle loss and weakness, says Dr. Katherine H. Saunders, an obesity medicine physician at Weill Cornell Medicine and co-founder of FlyteHealth, a medical obesity-treatment company.\u003c/p\u003e\u003cp\u003eDr. Jaime Almandoz, medical director of the Weight Wellness Program and associate professor of internal medicine at UT Southwestern in Dallas, says that when he treats older patients for weight loss, he has them see a dietitian as well. If he’s concerned about balance and falls, he refers them to a physical medicine or rehabilitation program to help them learn how to safely be more active or do resistance training.\u003c/p\u003e\u003cp\u003eHe may also increase the dose of GLP-1s more slowly in older people, because many take other medications like blood-pressure or thyroid medications, whose doses may need to change when weight fluctuates.\u003c/p\u003e\u003cp\u003eHe says he has seen big improvements in his elderly patients after they lose significant weight, including people who no longer have to use a wheelchair or walking cane, and can walk into his office unassisted.\u003c/p\u003e\u003cp\u003eEvery pound someone loses takes 2 to 4 pounds off each joint, says Saunders, so weight loss can help older adults become more mobile, alleviate joint pain and start exercising again. “If somebody loses 25 pounds that’s up to 100 pounds taken off their joints,” she says.\u003c/p\u003e\u003cp\u003eLosing weight can also help seniors who are likely to need a joint replacement surgery with the procedure and recovery, says Stanford’s Kim. One of her wheelchair-using patients wanted to lose weight to reduce the burden on her partner who had to frequently lift her up.\u003c/p\u003e\u003cp\u003e“If you’re no longer carrying around an extra 30 to 50 pounds, there’s so much more that people can do,” Almandoz says. “Their physical activity increases, which improves their health and their minds.”\u003c/p\u003e\u003cp\u003eTaking GLP-1 drugs helped George Barlow, a 78-year-old retired lawyer in Fort Worth, Texas, get down to about 245 pounds from 290. Medicare helped cover the cost because he had prediabetes and a history of heart disease, he says.\u003c/p\u003e\u003cp\u003eLosing weight has helped him in big ways and small, he says. He can more easily get up and out of a chair. He walks on a treadmill twice a week and goes to regular golf games with his friends. “It maintains my ability to get out and socialize,” he says.\u003c/p\u003e\u003cp\u003eWrite to Sumathi Reddy at 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It is part of a plan to roughly double its private-credit assets under management to $300 billion in the next five years.\u003c/p\u003e\u003cp\u003eEach year, Goldman makes billions of dollars of asset-backed loans, so called because they are tied to collateral. For example, if a lender it finances goes bust, Goldman could take over a pool of mortgages or other consumer loans.\u003c/p\u003e\u003cp\u003eThe asset-backed lending business has surged with the explosive growth of private markets and as regional banks that offered similar loans, such as Signature Bank, have closed.\u003c/p\u003e\u003cp\u003eGoldman holds the least risky pieces of the loans on its balance sheet and, until now, hasn’t given asset-management clients access to them. Goldman’s asset-management business will also give insurance clients access to other asset-backed loans, such as aircraft financings.\u003c/p\u003e\u003cp\u003eThe seemingly insatiable appetite of big insurance companies for less-risky debt has been a major driver of the private-credit industry’s growth. Insurers, particularly those that sell annuities, make money by earning more than they are required to pay out. To do that, they need a constant stream of relatively safe debt to invest in.\u003c/p\u003e\u003cp\u003eFor years, that meant mostly corporate and government bonds, until investment firms such as Apollo Global Management, KKR and Blackstone pushed into managing insurance assets by offering the potential for higher returns. Those firms either own or have exclusive asset-management deals with insurers, giving them a constant supply of new assets to manage. Like Goldman, the firms themselves have been doing more asset-backed lending, largely to cater to their insurance investors.\u003c/p\u003e\u003cp\u003eRevenue for FICC financing, the Goldman unit that does this type of asset-backed lending, reached $1.7 billion in the first half of 2024, a 34% jump from a year ago. FICC, which stands for fixed income, currencies and commodities, is part of Goldman’s markets team, and its financing unit includes a broad range of lending that Goldman arranges for clients.\u003c/p\u003e\u003cp\u003eFICC financing and private credit are both crucial to Goldman’s turnaround efforts following its exit from consumer lending. Both aim to generate more recurring revenue to offset the bank’s more unpredictable investment-banking and trading businesses.\u003c/p\u003e\u003cp\u003eThe financing team is part of Goldman’s biggest division, global banking and markets, and could use capital from insurance clients in Goldman’s private-credit unit to become a bigger lender. Private credit, meanwhile, is part of Goldman’s second-biggest division, asset and wealth management, and needs to attract more assets to manage.\u003c/p\u003e\u003cp\u003eThe private credit team will determine whether to invest clients’ money in these asset-backed loans after the financing team tells them which deals are available.\u003c/p\u003e\u003cp\u003eThe cross-divisional effort is part of a long-running push by Goldman Chief Executive David Solomon and President John Waldron to encourage employees to direct business to other units of the bank.\u003c/p\u003e\u003cp\u003e\u003ci\u003eWrite to AnnaMaria Andriotis at annamaria.andriotis@wsj.com and Miriam Gottfried at Miriam.Gottfried@wsj.com\u003c/i\u003e\u003c/p\u003e"},"image":null,"video":null,"liveBlog":null,"listicle":null,"listicleType":"","listicleArray":null,"listicleBulletType":null,"listicleHeadline":null,"indicesNew":null,"relatedStories":null,"collectionStories":null,"embed":null,"collectionPages":null,"elements":null,"listElement":null,"amazonAds":null,"flipkartAds":null,"cromaAds":null,"containAffiliateEmbed":false,"affiliateEmbedHeadline":true,"headline":"","summary":"","quickReadSummary":"","mobileHeadline":"","mobileAppNotificationHeadline":"","browserNotificationHeadline":"","facebookHeadline":"","subType":"","jsonSourceUrl":"","twitterHeadline":"","urlHeadline":"","leadMedia":null,"timeToRead":null,"linkStoryId":null,"introBody":"","webType":"","related":null,"showRelated":null,"newsletterHeadline":"","newsletterSummary":"","webStorySlide":null,"logoUrl":null,"logoPosition":null,"hasSlideImage":false,"hasSlideVideo":false,"hasLogoImage":false,"creditInfo":null,"altText":null,"metaTitle":null,"metaDescription":null,"keywords":null,"slideAnimation":"","sampleImagesIdList":[],"sampleImages":[],"personalisedSection":null,"personalisedSectionId":null,"paywallElement":false,"faqSectionHeading":null,"faqs":null,"tagline":null,"tabElements":null,"quiz":null,"poll":null,"bgParaColor":{"name":"","code":""},"quoteDesign":"Bold","contentHeading":null,"multipleLeadMediaIds":[],"multipleLeadMediaImages":[],"alsoReadStories":null,"alsoReadStoryIdList":null,"alsoReadStoriesUrl":null,"steps":null}],"amazonAds":null,"flipkartAds":null,"cromaAds":null,"containAffiliateEmbed":false,"affiliateEmbedHeadline":false,"headline":"Goldman Sachs is giving select clients access to one of its hottest businesses","summary":"A big push into asset-backed loans is part of the bank’s plan to roughly double its private-credit assets in the next five years.","quickReadSummary":"","mobileHeadline":"Goldman Sachs is giving select clients access to one of its hottest businesses","mobileAppNotificationHeadline":"Goldman Sachs is giving select clients access to one of its hottest businesses","browserNotificationHeadline":"Goldman Sachs is giving select clients access to one of its hottest businesses","facebookHeadline":"Goldman Sachs is giving select clients access to one of its hottest businesses","subType":"","jsonSourceUrl":"","twitterHeadline":"Goldman Sachs is giving select clients access to one of its hottest businesses","urlHeadline":"Goldman Sachs is giving select clients access to one of its hottest businesses","leadMedia":{"id":null,"mediaType":"","elements":[11723119892048],"image":{"images":{"270x480":null,"600x338":"https://www.livemint.com/lm-img/img/2024/08/08/600x338/im-988754_1723119891156_1723120253130.jpg","optimize":"https://www.livemint.com/lm-img/img/2024/08/08/optimize/im-988754_1723119891156_1723119891727.jpg","mediumImage":"https://www.livemint.com/lm-img/img/2024/08/08/250x250/im-988754_1723119891156_1723120253130.jpg","bigImage":"https://www.livemint.com/lm-img/img/2024/08/08/600x338/im-988754_1723119891156_1723120253130.jpg","140x140":"https://www.livemint.com/lm-img/img/2024/08/08/140x140/im-988754_1723119891156_1723120253130.jpg","thumbnailImage":"https://www.livemint.com/lm-img/img/2024/08/08/90x90/im-988754_1723119891156_1723120253130.jpg","900x1600":"https://www.livemint.com/lm-img/img/2024/08/08/original/im-988754_1723119891156.jpg","fullImage":"https://www.livemint.com/lm-img/img/2024/08/08/960x540/im-988754_1723119891156_1723120253130.jpg","248x186":null},"caption":"Goldman makes billions of dollars of asset-backed loans each year. 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I don't know the exact time, somewhere around 8'o clock. Diplomatic community members have been invited. It is likely that our High Commissioner will participate...\"\u003c/p\u003e\u003cp\u003e\u0026nbsp;\u003c/p\u003e"},"image":null,"video":null,"liveBlog":null,"listicle":null,"listicleType":"","listicleArray":null,"listicleBulletType":null,"listicleHeadline":null,"indicesNew":null,"relatedStories":null,"collectionStories":null,"embed":null,"collectionPages":null,"elements":null,"listElement":null,"amazonAds":null,"flipkartAds":null,"cromaAds":null,"containAffiliateEmbed":false,"affiliateEmbedHeadline":true,"headline":"","summary":"","quickReadSummary":"","mobileHeadline":"","mobileAppNotificationHeadline":"","browserNotificationHeadline":"","facebookHeadline":"","subType":"","jsonSourceUrl":"","twitterHeadline":"","urlHeadline":"","leadMedia":null,"timeToRead":null,"linkStoryId":null,"introBody":"","webType":"","related":null,"showRelated":null,"newsletterHeadline":"","newsletterSummary":"","webStorySlide":null,"logoUrl":null,"logoPosition":null,"hasSlideImage":false,"hasSlideVideo":false,"hasLogoImage":false,"creditInfo":null,"altText":null,"metaTitle":null,"metaDescription":null,"keywords":null,"slideAnimation":"","sampleImagesIdList":[],"sampleImages":[],"personalisedSection":null,"personalisedSectionId":null,"paywallElement":false,"faqSectionHeading":null,"faqs":null,"tagline":null,"tabElements":null,"quiz":null,"poll":null,"bgParaColor":{"name":"","code":""},"quoteDesign":"Bold","contentHeading":null,"multipleLeadMediaIds":[],"multipleLeadMediaImages":[],"alsoReadStories":null,"alsoReadStoryIdList":null,"alsoReadStoriesUrl":null,"steps":null},{"id":11723118947802,"oldUuid":"","domainId":"5aeab8eefc36f218b0e0866b","mgOldUuid":null,"sourceBody":null,"title":"","articleType":"element","createdBy":"Sanchari Ghosh","createdDate":"2024-08-08T12:09:07+0000","lastModifiedBy":"D111071","lastModifiedDate":"2024-08-08T12:09:07+0000","lastPublishedBy":"Sanchari Ghosh","lastPublishedDate":"2024-08-08T12:33:43+0000","firstPublishedDate":"2024-08-08T12:30:52+0000","metadata":{"url":"","authors":[],"charCount":0,"wordCount":0,"agency":"","status":"CREATED","tags":[],"keywords":[],"section":"","column":"","subSection":"","topic":[],"topicUrls":null,"alternateSection":[],"location":[],"markUnimportant":false,"breakingNews":false,"sponsored":false,"editedBy":[],"writtenBy":[],"reportedBy":[],"agencyByLine":[],"bigStory":false,"deleteMode":null,"redirectUrl":"","videoMetadata":null,"dynamicMeta":null,"alternateUrls":null,"externalUrl":"","subSectionL2":"","design":"","canonicalUrl":"","killed":false,"killedStatusCode":0,"audioSourceUrl":"","disclaimer":"","sponsoredTitle":"","storyType":null,"jsonSourceUrl":null,"subType":null,"syndicationFeed":false,"premiumStory":false,"metaTitle":"","metaDescription":"","ytMigrated":"","handpicked":false,"audienceTags":null,"autoBackLinked":false,"autoBackLinkCount":0,"totalLinkCount":0,"vdoAiUrl":"","aiContent":false,"removeAds":false,"contextualKeyword":null,"embedAmazonCount":0,"embedCromaCount":0,"embedFlipkartCount":0,"embedSnapdealCount":0,"relatedStoryTitle":null,"relatedStoryUrl":null,"additionalFields":null,"tableOfContentsHeading":null,"authorsList":null,"performanceArticleType":null,"appCollectionPosition":null,"appDesign":null},"social":{},"isDeleted":0,"webId":"","expiryDate":null,"listRelatedStories":null,"listCollectionStories":null,"listCollectionPages":null,"moreFromThisSection":null,"trending":null,"name":"","timestamp":"2024-08-08T12:09:07+0000","heading":null,"timeToComplete":0,"timeToCompleteinHrs":0,"tools":null,"supplies":null,"type":"embed","paragraph":null,"image":null,"video":null,"liveBlog":null,"listicle":null,"listicleType":"","listicleArray":null,"listicleBulletType":null,"listicleHeadline":null,"indicesNew":null,"relatedStories":null,"collectionStories":null,"embed":{"url":"","body":"\u003cblockquote class=\"twitter-tweet\"\u003e\u003cp lang=\"en\" dir=\"ltr\"\u003e\u003ca href=\"https://twitter.com/hashtag/WATCH?src=hash\u0026amp;ref_src=twsrc%5Etfw\"\u003e#WATCH\u003c/a\u003e | Delhi: On the swearing-in ceremony of Bangladesh\u0026#39;s new interim government, MEA Spokesperson Randhir Jaiswal says, \u0026quot;I saw reports that the swearing-in ceremony is to be held this evening. I don\u0026#39;t know the exact time, somewhere around 8\u0026#39;o clock. Diplomatic community… \u003ca href=\"https://t.co/tZ4v73XaES\"\u003epic.twitter.com/tZ4v73XaES\u003c/a\u003e\u003c/p\u003e\u0026mdash; ANI (@ANI) \u003ca href=\"https://twitter.com/ANI/status/1821512722384855129?ref_src=twsrc%5Etfw\"\u003eAugust 8, 2024\u003c/a\u003e\u003c/blockquote\u003e \u003cscript async src=\"https://platform.twitter.com/widgets.js\" charset=\"utf-8\"\u003e\u003c/script\u003e","option":{},"title":"","backgroundColor":"","fontColor":"","labelEnabled":false,"label":{"text":"","backgroundColor":"","fontColor":""},"body2":""},"collectionPages":null,"elements":null,"listElement":null,"amazonAds":[],"flipkartAds":null,"cromaAds":null,"containAffiliateEmbed":false,"affiliateEmbedHeadline":false,"headline":"","summary":"","quickReadSummary":"","mobileHeadline":"","mobileAppNotificationHeadline":"","browserNotificationHeadline":"","facebookHeadline":"","subType":"","jsonSourceUrl":"","twitterHeadline":"","urlHeadline":"","leadMedia":null,"timeToRead":null,"linkStoryId":null,"introBody":"","webType":"","related":null,"showRelated":null,"newsletterHeadline":"","newsletterSummary":"","webStorySlide":null,"logoUrl":null,"logoPosition":null,"hasSlideImage":false,"hasSlideVideo":false,"hasLogoImage":false,"creditInfo":null,"altText":null,"metaTitle":null,"metaDescription":null,"keywords":null,"slideAnimation":"","sampleImagesIdList":[],"sampleImages":[],"personalisedSection":null,"personalisedSectionId":null,"paywallElement":false,"faqSectionHeading":null,"faqs":null,"tagline":null,"tabElements":null,"quiz":null,"poll":null,"bgParaColor":null,"quoteDesign":null,"contentHeading":null,"multipleLeadMediaIds":[],"multipleLeadMediaImages":[],"alsoReadStories":null,"alsoReadStoryIdList":null,"alsoReadStoriesUrl":null,"steps":null},{"id":11723118106554,"oldUuid":"","domainId":"5aeab8eefc36f218b0e0866b","mgOldUuid":null,"sourceBody":null,"title":"","articleType":"element","createdBy":"sanchari.ghosh@htdigital.in","createdDate":"2024-08-08T11:55:25+0000","lastModifiedBy":"D111071","lastModifiedDate":"2024-08-08T12:09:09+0000","lastPublishedBy":"Sanchari Ghosh","lastPublishedDate":"2024-08-08T12:33:44+0000","firstPublishedDate":"2024-08-08T12:30:52+0000","metadata":{"url":"","authors":[],"charCount":3399,"wordCount":558,"agency":"","status":"CREATED","tags":[],"keywords":null,"section":"","column":"","subSection":"","topic":[],"topicUrls":null,"alternateSection":[],"location":[],"markUnimportant":false,"breakingNews":false,"sponsored":false,"editedBy":[],"writtenBy":[],"reportedBy":[],"agencyByLine":[],"bigStory":false,"deleteMode":null,"redirectUrl":"","videoMetadata":null,"dynamicMeta":null,"alternateUrls":null,"externalUrl":"","subSectionL2":"","design":"","canonicalUrl":"","killed":false,"killedStatusCode":0,"audioSourceUrl":"","disclaimer":"","sponsoredTitle":"","storyType":null,"jsonSourceUrl":null,"subType":null,"syndicationFeed":false,"premiumStory":false,"metaTitle":"","metaDescription":"","ytMigrated":"","handpicked":false,"audienceTags":null,"autoBackLinked":false,"autoBackLinkCount":0,"totalLinkCount":0,"vdoAiUrl":"","aiContent":false,"removeAds":false,"contextualKeyword":null,"embedAmazonCount":0,"embedCromaCount":0,"embedFlipkartCount":0,"embedSnapdealCount":0,"relatedStoryTitle":null,"relatedStoryUrl":null,"additionalFields":null,"tableOfContentsHeading":null,"authorsList":null,"performanceArticleType":null,"appCollectionPosition":null,"appDesign":null},"social":{"twitter":true,"facebook":true},"isDeleted":0,"webId":"","expiryDate":null,"listRelatedStories":null,"listCollectionStories":null,"listCollectionPages":null,"moreFromThisSection":null,"trending":null,"name":"paragraph","timestamp":null,"heading":null,"timeToComplete":0,"timeToCompleteinHrs":0,"tools":null,"supplies":null,"type":"paragraph","paragraph":{"body":"\u003cp\u003eBangladesh’s next leader Muhammad Yunus arrived home Thursday from an overseas trip and will take office later in the day, as he looks to restore calm and rebuild the country following an uprising that ended the 15-year, increasingly autocratic rule of former Prime Minister Sheikh Hasina.\u003c/p\u003e\u003cp\u003eYunus landed at Dhaka’s Hazrat Shahjalal International Airport on Thursday afternoon and was welcomed by the country’s military chief, Gen. Waker-Uz-Zaman, who was flanked by navy and air force heads.\u003c/p\u003e\u003cp\u003eSome of the student leaders who led the uprising against Hasina were also present at the airport to welcome him. They had earlier proposed Yunus as interim leader to the country's figurehead president, who is currently acting as the chief executive under the constitution.\u003c/p\u003e\u003cp\u003eIn his first comments after his arrival, he told a news briefing that his priority would be to restore order.\u003c/p\u003e\u003cp\u003e“Bangladesh is a family. We have to unite it,” Yunus said, flanked by the student leaders. “It has immense possibility.”\u003c/p\u003e\u003cp\u003eHe urged all to stop violence and promised not to resort to any repressive measures against anyone.\u003c/p\u003e\u003cp\u003eSecurity was tight at the airport to ensure Yunus’ safe arrival, as the country has experienced days of unrest following the downfall of Hasina on Monday. President Mohammed Shahabuddin will administer the oath-taking ceremony on Thursday night when Yunus is expected to announce his new Cabinet.\u003c/p\u003e\u003cp\u003eBefore leaving Paris, where he was attending the Olympics, Yunus appealed for calm in Bangladesh amid tensions over the country's future.\u003c/p\u003e\u003cp\u003eHasina's son Sajeeb Wazed Joy, who acts as an adviser to his mother, vowed Wednesday that his family and the Awami League party would continue to be engaged in Bangladesh's politics — a reversal from what he'd said earlier in the week after Hasina stepped down Monday and fled to India.\u003c/p\u003e\u003cp\u003eYunuswas named as interim leader following talks among military officials, civic leaders and the student activists who led the uprising against Hasina. Yunus made his first public comments in the French capital on Wednesday before boarding a plane to return home.\u003c/p\u003e\u003cp\u003eYunus congratulated the student protesters, saying they had made “our second Victory Day possible,” and he appealed to them and other stakeholders to remain peaceful, while condemning the violence that followed Hasina’s resignation.\u003c/p\u003e\u003cp\u003e“Violence is our enemy. Please don’t create more enemies. Be calm and get ready to build the country,” Yunus said.\u003c/p\u003e\u003cp\u003eBangladesh’s military chief, Gen. Waker-Uz-Zaman, said in a televised address on Wednesday that he expected Yunus to usher in a “beautiful democratic” process.\u003c/p\u003e\u003cp\u003eYunus, who was awarded the 2006 Nobel Peace Prize for his work developing microcredit markets, told reporters in Paris: “I’m looking forward to going back home and seeing what’s happening there, and how we can organize ourselves to get out of the trouble that we are in.″\u003c/p\u003e\u003cp\u003eAsked when elections would be held, he put his hands up as if to indicate it was too early to say.\u003c/p\u003e\u003cp\u003e“I’ll go and talk to them. I’m just fresh in this whole area,” he said.\u003c/p\u003e\u003cp\u003eA tribunal in Dhaka earlier on Wednesday acquitted Yunus in a labor law violation case involving a telecommunication company he founded, in which he was convicted and sentenced to six months in jail. 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Merchant","lastPublishedDate":"2024-08-08T12:31:36+0000","firstPublishedDate":"2024-08-08T12:30:13+0000","metadata":{"url":"","authors":[],"charCount":5978,"wordCount":968,"agency":"","status":"CREATED","tags":[],"keywords":null,"section":"","column":"","subSection":"","topic":[],"topicUrls":[],"alternateSection":[],"location":[],"markUnimportant":false,"breakingNews":false,"sponsored":false,"editedBy":[],"writtenBy":[],"reportedBy":[],"agencyByLine":[],"bigStory":false,"deleteMode":null,"redirectUrl":"","videoMetadata":null,"dynamicMeta":null,"alternateUrls":null,"externalUrl":"","subSectionL2":"","design":"","canonicalUrl":"","killed":false,"killedStatusCode":0,"audioSourceUrl":"","disclaimer":"","sponsoredTitle":"","storyType":null,"jsonSourceUrl":null,"subType":null,"syndicationFeed":false,"premiumStory":false,"metaTitle":"","metaDescription":"","ytMigrated":"","handpicked":false,"audienceTags":null,"autoBackLinked":false,"autoBackLinkCount":0,"totalLinkCount":0,"vdoAiUrl":"","aiContent":false,"removeAds":false,"contextualKeyword":null,"embedAmazonCount":0,"embedCromaCount":0,"embedFlipkartCount":0,"embedSnapdealCount":0,"relatedStoryTitle":null,"relatedStoryUrl":null,"additionalFields":null,"tableOfContentsHeading":null,"authorsList":null,"performanceArticleType":null,"appCollectionPosition":null,"appDesign":null},"social":{"twitter":true,"facebook":true},"isDeleted":0,"webId":"","expiryDate":null,"listRelatedStories":null,"listCollectionStories":null,"listCollectionPages":null,"moreFromThisSection":null,"trending":null,"name":"paragraph","timestamp":"2024-08-08T07:44:59+0000","heading":null,"timeToComplete":0,"timeToCompleteinHrs":0,"tools":null,"supplies":null,"type":"paragraph","paragraph":{"body":"\u003cp\u003e“It’s like they don’t trust us,” says Eva King, a 14-year-old pupil at Alice Deal Middle School in Washington, DC. She is standing outside the school during dismissal with two others who nod their heads and laugh in agreement. Deal’s administration has banned mobile phones during the entire school day. Pupils must store their devices inside Yondr pouches, grey padded cases that supposedly can be opened only with a special tool. The adults unlock the pouches with special magnets as pupils leave for the day.\u003c/p\u003e\u003cp\u003eUnsurprisingly, pupils have hacked the system. (“What do you expect?” Eva says. “We’re middle-schoolers.”) The girls recite a list of workarounds. Those magnets have become hot commodities, and a few have gone missing. Pupils have been seen banging pouches open in the toilets. Other pupils have faulty cases that no longer lock but have kept that information to themselves. The girls say that since phones have become a forbidden fruit, pupils only crave them more. They hope their school will reverse course after the summer break.\u003c/p\u003e\u003cp\u003eDebates about teenagers’ access to phones and their use in schools have heated up lately. Some state legislatures in America are passing laws to stop phones from being used in classrooms, without removing them from schools altogether. A popular book published in March, “The Anxious Generation”, by Jonathan Haidt, has called fresh attention to evidence that social media, mostly accessed through smartphones, may be to blame for a sharp rise in anxiety, depression and self-harm among young people today.\u003c/p\u003e\u003cp\u003eSome researchers are unconvinced that phones are causing mental illness. Although America and Britain have reported a rise in problems as social-media use has surged, not all rich countries have had similarly correlated increases. “Adolescence is influenced by multiple things,” says Margarita Panayiotou, a researcher at the University of Manchester. “It would be unrealistic to expect that one thing—social media—is driving adolescent mental health.”\u003c/p\u003e\u003cp\u003eMost parents want their children to have phones available at school. In February the National Parents Union, an advocacy group, polled 1,506 public-school parents and found that a majority think that pupils should be allowed to use phones during free time. Larry McEwen, a parent at Deal and the school’s basketball coach, agrees. He thinks pupils should have phones for emergencies. He and Eva King cited a lockdown last year at a nearby school because of a gun scare. That was when having phones came in handy.\u003c/p\u003e\u003cp\u003eThe devices are plainly disruptive. Pupils can receive more than 50 notifications during a school day, according to a study of 203 children by Common Sense Media, a non-profit group based in San Francisco. Teachers complain that pupils watch YouTube and use other apps in class. Phones can be instruments of bullying, and pupils have been secretly recorded while using the toilets or undressing in locker rooms. These days, the notorious schoolyard fight can be organised by phone.\u003c/p\u003e\u003ch2\u003eHung up\u003c/h2\u003e\u003cp\u003eIt is also clear that mobile phones can undermine learning. Several studies have found that their use decreases concentration in school, and the phones do not only affect the user. “There’s a second-hand-smoke effect,” says Sabine Polak, a founder of the Phone-Free Schools Movement, another advocacy group. Even if a child does not have a phone, they are still affected by others using them. The devices are stressful for teachers, too. They must police their use, ensuring that pupils are not sneakily using phones under their desks or during long toilet-and-Netflix breaks.\u003c/p\u003e\u003cp\u003eAn all-day ban is one way to avoid this, but as Deal’s pupils can testify, it is also difficult to enforce. Teachers must ensure that each child on arrival has placed the phone in the pouch and secured it. That adds one more task to a teacher’s day that does not involve instruction. Alternatives must be found for those pupils who forget their pouches, a predictable problem at any school full of teenagers.\u003c/p\u003e\u003cp\u003eNew state laws seek to enforce phone-free classrooms while also keeping pupils and parents connected. Florida’s governor, Ron DeSantis, signed a law last year that bans the use of mobile phones by pupils in class, and a similar law in Indiana is due to go into effect in July. Other states are considering bills along the same lines. These moves are distinct from the more ubiquitous push for legislation aimed at protecting children from social media (according to the National Conference of State Legislatures, 30 states and Puerto Rico are debating laws designed to protect children on the internet).\u003c/p\u003e\u003cp\u003eBeyond America, complete mobile-phone bans are more common in Asian countries, says a report by UNESCO, the UN’s education and culture agency. France has banned phones in school for most pupils since 2018, though this has been hard to enforce. Several countries, including the Netherlands, restrict phone use to times when teaching is not taking place.\u003c/p\u003e\u003cp\u003eThe answer for parents in America is to agree to delay giving their children a smartphone and for schools to support them, argues Kim Whitman of the Phone-Free Schools Movement. For communication and keeping tabs on their children, parents could use simpler devices, such as flip phones, smart watches or tracking devices. Overall Ms Whitman wishes that parents who want instant communication with their children would relax. “We all survived for a very long time and functioned absolutely fine without having a phone and without being able to have instant access to our parents,” she notes.\u003c/p\u003e\u003cp\u003e\u003ci\u003eStay on top of American politics with\u0026nbsp;\u003c/i\u003e\u003ca target=\"_blank\" href=\"https://www.economist.com/newsletters/us-in-brief\"\u003e\u003ci\u003eThe US in brief\u003c/i\u003e\u003c/a\u003e\u003ci\u003e, our daily newsletter with fast analysis of the most important electoral stories, and\u0026nbsp;\u003c/i\u003e\u003ca target=\"_blank\" href=\"https://www.economist.com/newsletters/checks-and-balance\"\u003e\u003ci\u003eChecks and Balance\u003c/i\u003e\u003c/a\u003e\u003ci\u003e, a weekly note from our Lexington columnist that examines the state of American democracy and the issues that matter to voters.\u003c/i\u003e\u003c/p\u003e\u003cp\u003e\u003ci\u003e© 2024, The Economist Newspaper Limited. 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