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Here's a compilation of interesting numbers that matter!


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Today's #MintMetric by Bibek Debroy!

#StocksToWatch | Here are top stocks that could be in focus today!

Read here: https://www.read.ht/SatC

#MintCharts | As 94 seats go to polls in the third phase of the #LokSabhaElection on 7 May, voter turnout will again be under scrutiny. The turnout in the two phases so far was lower than it was in 2019, raising concerns about Indian voters’ enthusiasm.

#PersonalFinance | Some #fintechs offer digital gold and bitcoin as rewards for spending via prepaid cards, navigating regulatory grey areas in India, presenting potential tax implications and custody concerns for users.

(Yash Roongta writes)

https://www.read.ht/Sasq

#PersonalFinance | There are eight pension fund managers to choose from & one of the ways to do that is by tracking the returns.

Here is a breakdown of the performance of different funds - equity fund, government bond fund & corporate bond fund - of the private sector NPS.

Russian President #VladimirPutin, who has shut down domestic dissent and ramped up confrontation with the West over nearly a quarter century in power, officially begins his fifth term on Tuesday.

Read here: https://www.read.ht/SatU

#Tesla, has initiated a significant reduction in its workforce," tech publication Electrek reported on May 6.
The #layoffs impact the software, service, and engineering departments, signaling a major shift in the company's operational strategy.

Read here: https://www.read.ht/SatY

Apple Let Loose Event 2024 | Apple is hosting its first hardware event of the year today. The online-only event, called "Let Loose," will be streamed through Apple's official channels. The California based tech giant has not provided any hints about the specific hardware categories that will be featured, but it is expected that the keynote will introduce new products.

Catch all the updates here:

https://www.read.ht/Sat1

Across the world, #RedBull is a popular energy drink and one of the most sold. Indeed, Red Bull created the energy drinks market in India.

But in the last few years, the brand has lost out, both in volume and value to #PepsiCo’s Sting. What happened?

https://www.livemint.com/companies/news/how-a-re-energized-pepsico-stung-red-bull-with-sting-11714992019894.html?utm_source=Social_media&utm_medium=Growth_Team&utm_campaign=Social_Media_all

India is seeing a sharp surge in ghost shopping centres with underperforming retail space surging by 230% year-on-year to 13.3 million square feet in 2023, according to a report by real estate consulting firm Knight Frank.

These centers, defined as those with vacancy rates of over 40%, grew to 64 by the end of 2023, from 57 in 2022.

https://www.read.ht/Sat4

Elon Musk's #Tesla reportedly laid off nearly 16,000 employees, amounting to more than 10 per cent of its global workforce.

The #layoff has affected many Indian and Chinese employees who are now grappling with the tight #H1B visa deadline.

https://www.livemint.com/news/trends/tesla-lays-off-over-16-000-employees-many-face-h-1b-visa-deadline-elon-musk-indians-11715083884967.html?utm_source=Social_media&utm_medium=Growth_Team&utm_campaign=Social_Media_all

Apple Let Loose Event 2024 | Apple is hosting its first hardware event of the year today. The online-only event, called "Let Loose," will be streamed through Apple's official channels.

Catch LIVE updates:

https://www.read.ht/Sat5

With corporates always looking to make work culture a little more fun, an Indian firm has just introduced Wrinkled Monday to support the environment. It's like casual Fridays but for a cause – it wants employees to embrace sustainable fashion and positively impact the environment.

Read here

https://www.livemint.com/news/trends/wear-wrinkled-clothes-on-mondays-heres-why-csir-has-asked-employees-not-to-iron-clothes-11715086881351.html

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Apple Let Loose Event 2024 | Apple has made waves in the tech world with its latest iPad lineup refresh, unveiled during the Let Loose event on May 7.

Described as the most significant iPad announcement since its inception, the Cupertino-based company took a departure from its usual press release route by introducing the revamped iPad Air via a captivating live-streamed video presentation.

https://www.read.ht/Sat9

New #RBI draft guidelines on project loans are aimed at bringing credit discipline & ensuring only serious players participate. But since their release last week, shares of #PSUBanks & infra NBFCs have tanked. And bankers are upset.

Mint explains why:

https://www.livemint.com/industry/banking/mint-primer-infra-financing-guidelines-why-are-banks-upset-11715098553658.html?utm_source=Social_media&utm_medium=Growth_Team&utm_campaign=Social_Media_all