FPIs pump in Rs 13,107 crore into Indian markets in a week; sharp rise amid RBI rate cut, global easing
https://timesofindia.indiatimes.com/business/india-business/fpis-pump-in-rs-13107-crore-into-indian-markets-in-a-week-sharp-rise-amid-rbi-rate-cut-global-easing/articleshow/122125784.cms
https://timesofindia.indiatimes.com/business/india-business/fpis-pump-in-rs-13107-crore-into-indian-markets-in-a-week-sharp-rise-amid-rbi-rate-cut-global-easing/articleshow/122125784.cms
Foreign portfolio investors injected over Rs 13,107 crore into Indian markets between June 23-27, signaling strong confidence. This surge brings June's total net investment to Rs 8,915 crore. Easing global tensions and the RBI's recent rate cut of 50 bps have boosted sentiment. India's macroeconomic stability and promising indicators are attracting foreign capital, positioning it as a favorable investment destination.
Warren Buffett donates whopping $6 billion Berkshire shares! Highest charity by billionaire in nearly 2 decades; total crosses $60 billion
https://timesofindia.indiatimes.com/business/international-business/warren-buffett-donates-whopping-6-billion-berkshire-shares-highest-charity-by-billionaire-in-nearly-2-decades-total-crosses-60-billion/articleshow/122125976.cms
Warren Buffett, the billionaire investor, has donated $6 billion worth of Berkshire Hathaway stock to charity, marking his largest annual contribution since 2006. The Bill & Melinda Gates Foundation received a significant portion, with the rest going to foundations run by Buffett's children. This donation brings Buffett's total charitable giving to over $60 billion.
https://timesofindia.indiatimes.com/business/international-business/warren-buffett-donates-whopping-6-billion-berkshire-shares-highest-charity-by-billionaire-in-nearly-2-decades-total-crosses-60-billion/articleshow/122125976.cms
Warren Buffett, the billionaire investor, has donated $6 billion worth of Berkshire Hathaway stock to charity, marking his largest annual contribution since 2006. The Bill & Melinda Gates Foundation received a significant portion, with the rest going to foundations run by Buffett's children. This donation brings Buffett's total charitable giving to over $60 billion.
Liquidity surplus alone doesn’t boost broad credit growth, economic activity holds greater influence: StanChart report
https://timesofindia.indiatimes.com/business/international-business/liquidity-surplus-alone-doesnt-boost-broad-credit-growth-economic-activity-holds-greater-influence-stanchart-report/articleshow/122126052.cms
https://timesofindia.indiatimes.com/business/international-business/liquidity-surplus-alone-doesnt-boost-broad-credit-growth-economic-activity-holds-greater-influence-stanchart-report/articleshow/122126052.cms
Standard Chartered's report indicates that economic activity, rather than liquidity surplus, primarily drives credit growth. While excess liquidity might boost unsecured personal loans, it doesn't guarantee broad credit expansion. Historically, overall credit as a share of GDP declines during high liquidity periods, suggesting real credit demand is tied to economic activity.
US retirement age hits 67 by 2026: Early retirees to lose up to 30% in benefits- what it means for social security income
https://timesofindia.indiatimes.com/business/international-business/us-retirement-age-hits-67-by-2026-early-retirees-to-lose-up-to-30-in-benefits-what-it-means-for-social-security-income/articleshow/122126781.cms
https://timesofindia.indiatimes.com/business/international-business/us-retirement-age-hits-67-by-2026-early-retirees-to-lose-up-to-30-in-benefits-what-it-means-for-social-security-income/articleshow/122126781.cms
Starting in 2026, the full retirement age for social security will rise to 67, impacting retirement plans for millions. Early retirement at 62 could mean a 30% benefits reduction. Reforms enacted in 1983 addressed financial challenges, but trust funds may only cover full benefits until 2034, potentially reducing monthly payments.
Starlink nears India launch: Elon Musk’s satcom giant gets final regulatory go-ahead, prepares for compliance trials
https://timesofindia.indiatimes.com/business/international-business/starlink-nears-india-launch-elon-musks-satcom-giant-gets-final-regulatory-go-ahead-prepares-for-compliance-trials/articleshow/122126996.cms
https://timesofindia.indiatimes.com/business/international-business/starlink-nears-india-launch-elon-musks-satcom-giant-gets-final-regulatory-go-ahead-prepares-for-compliance-trials/articleshow/122126996.cms
Coal expansion push: Mahanadi Coalfields Ltd to open two new mines in Odisha by FY30; targets 300MT output
https://timesofindia.indiatimes.com/business/india-business/coal-expansion-push-mahanadi-coalfields-ltd-to-open-two-new-mines-in-odisha-by-fy30-targets-300mt-output-and-net-zero-carbon-goal/articleshow/122127759.cms
https://timesofindia.indiatimes.com/business/india-business/coal-expansion-push-mahanadi-coalfields-ltd-to-open-two-new-mines-in-odisha-by-fy30-targets-300mt-output-and-net-zero-carbon-goal/articleshow/122127759.cms
Mahanadi Coalfields Limited will start two new coal mines in Odisha by FY 2029-30. These mines will add 35 million tonnes to reserves. The Subhadra mine will be operational by FY 2025-26. The Balabhadra mine is expected to start by FY 2029-30. MCL aims for net zero carbon emissions by FY 2029.
AI for India summit: Experts call for stronger R&D from academia and industry; AI adoption growing across sectors
https://timesofindia.indiatimes.com/business/india-business/ai-for-india-summit-experts-call-for-stronger-rd-from-academia-and-industry-ai-adoption-growing-across-sectors/articleshow/122128280.cms
https://timesofindia.indiatimes.com/business/india-business/ai-for-india-summit-experts-call-for-stronger-rd-from-academia-and-industry-ai-adoption-growing-across-sectors/articleshow/122128280.cms
The 'AI for India' summit in Bengaluru highlighted the urgent need to scale up AI research and development across Indian academia and industry. Experts emphasized cross-sectoral collaboration for effective AI implementation. IIM Bangalore noted a shift in placement processes, focusing on human-AI co-creation. TVS Motors is deploying AI across manufacturing, customer service, and employee engagement, witnessing significant productivity improvements.
Infra push for MSMEs: Plug-and-play industrial parks key to boosting manufacturing, says Cushman & Wakefield report
https://timesofindia.indiatimes.com/business/india-business/infra-push-for-msmes-plug-and-play-industrial-parks-key-to-boosting-manufacturing-says-cushman-wakefield-report/articleshow/122128769.cms
https://timesofindia.indiatimes.com/business/india-business/infra-push-for-msmes-plug-and-play-industrial-parks-key-to-boosting-manufacturing-says-cushman-wakefield-report/articleshow/122128769.cms