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Bloomberg Quint
5d
223
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Uber’s India Ambitions Face Latest Challenge From Rival Rapido
- Rapido challenges Uber in India with motorcycle taxi disruption and new pricing model.
- Rapido's unique approach includes tiny subscription fee for drivers, setting stage for profitability.
- India's growth market attracts competition as Uber faces off against local rival Rapido.
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Bloomberg Quint
5d
679
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Petrol, Diesel Prices Flat On July 11 — Here's How Much You Pay For Fuel In Your City
- Fuel prices in India remained unchanged on July 11, with petrol and diesel maintaining steady prices across major cities.
- In Delhi, petrol is priced at Rs 94.77 per litre, while diesel costs Rs 87.67. In Mumbai, petrol is priced at Rs 103.50 per litre, and diesel at Rs 90.03.
- Oil marketing companies in India review fuel prices daily based on global crude oil prices, exchange rates, demand, and trade flow in global markets.
- Despite recent volatility in global crude oil prices due to geopolitical risks, oil prices remained stable, with Brent and West Texas Intermediate showing minimal fluctuations.
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Bloomberg Quint
5d
234
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JSPL, Hindalco, Jindal Stainless — Anand Rathi's Top Stock Picks In Metals & Mining Sector; Q1 Results Preview
- Anand Rathi is positive on Jindal Steel, Hindalco Industries, and Jindal Stainless in the Metals and Mining sector for Q1 results.
- Anand Rathi anticipates Jindal Steel and Power Ltd. to outperform the sector with Rs 13,214 Ebitda/tonne and sector-leading ~20.6% Ebitda margins.
- Jindal Stainless Ltd.'s Ebitda is expected to have improved the most quarter-over-quarter (QoQ) by 30% to Rs 11,066/tonne.
- In Q1 FY26, primary long steel prices commanded an 8% premium to HRC, reaching a high of Rs 57,200 a tonne.
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Bloomberg Quint
5d
230
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Trump Plans ‘Major’ Russia Statement Monday, Mulls Sanctions
- President Donald Trump plans to make a 'major statement' on Russia and criticized Russian President Putin's actions in Ukraine.
- Trump expects the Senate to pass a tough Russia sanctions bill and mentioned that NATO allies will pay for US arms to be sent to Ukraine.
- US arms, including air-defense missiles and artillery shells, are being sent to Ukraine despite an earlier Pentagon pause due to Trump's frustration over aid to Kyiv.
- Trump expressed mounting frustration with Putin as Russia intensified attacks on Ukrainian cities.
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Bloomberg Quint
5d
238
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Trump Threatens 35% Canada Tariff, Floats Higher Blanket Rates
- Trump plans to levy a 35% tariff on Canadian goods from August 1.
- He also considers increasing blanket tariffs on most trading partners.
- This move shows no retreat from his trade war despite Canadian efforts for a deal.
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Bloomberg Quint
5d
328
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PPF Vs SIP Comparison: How Much Rs 12,500 A Month Will Make By Retirement
- Comparing a monthly investment of Rs 12,500 over 15 years in PPF and SIPs shows significant differences in outcomes.
- PPF, with its stable and government-backed nature, could yield an estimated maturity amount of around Rs 39.44 lakh at an interest rate of 7.1% per annum.
- On the other hand, investing the same amount in mutual fund SIPs with an assumed average return of 12% per annum could result in an estimated maturity amount of around Rs 63 lakh.
- Investors looking for stable returns and tax benefits may opt for PPF, while those seeking higher returns and are willing to take on more risk might prefer SIPs. A balanced approach could involve investing in both for stability and long-term wealth creation.
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Bloomberg Quint
5d
201
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Apple Plans New MacBook Pro, iPhone 17e And iPads By Early 2026
- Apple plans new MacBook Pro, iPhone 17e, and iPads for early 2026.
- Updates to entry-level tablet, iPad Air, and MacBook Pros are expected.
- The new products aim to boost revenue growth after spotty demand recently.
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12 Likes
Bloomberg Quint
5d
98
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Oil Prices Steady As Traders Focus On OPEC+ Supply And Trump Tariffs
- Oil prices steadied after falling more than 2% on Thursday as investors assessed the impact of OPEC+ supply decisions and President Trump's tariffs.
- West Texas Intermediate was around $67 a barrel, while Brent closed below $69 in the previous session.
- OPEC+ is considering pausing production increases after a planned hike in September, potentially reversing recent output cuts earlier than anticipated.
- Despite concerns about oversupply, there are indications of tightness in the physical oil market, with demand typically strong during the Northern Hemisphere summer.
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Bloomberg Quint
5d
147
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US Stock Futures Fall, Dollar Gains on Tariff Jitters: Markets Wrap
- Contracts for S&P 500 and European stocks fell 0.2% due to proposed tariffs.
- Dollar strengthened after Trump hinted at higher tariffs, causing equity-index futures to retreat.
- Tariff tensions rise as Trump plans to remake global trade, impacting stock markets worldwide.
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8 Likes
Bloomberg Quint
5d
1.3k
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DMart Q1 Results To Be Announced Today — Here Are Earnings Estimates
- DMart is set to announce its Q1 results, with analysts expecting a 14% rise in profit for the June quarter.
- Bloomberg estimates predict a 17.8% year-on-year revenue increase to Rs 16,583 crore for DMart in Q1.
- Ebitda is expected to increase by 11% to Rs 1,354 crore, with margins likely to narrow to 8.2%.
- Despite concerns of weak demand impacting consumer staples, multiple companies including Avenue Supermarts Ltd., Amal Ltd., and Aditya Birla Money Ltd. are set to report their Q1 financial results.
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22 Likes
TechCrunch
6d
248
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How to actually raise a seed round: Actionable advice from top investors at TechCrunch Disrupt 2025
- TechCrunch Disrupt 2025 will take place in San Francisco from October 27–29, bringing together over 10,000 startup and VC leaders to explore the future of innovation.
- A panel at the event will discuss actionable advice on raising a seed round, featuring investors Maria Palma, Gabby Cazeau, and Marlon Nichols sharing insights on pitching and selecting the right investors.
- Maria Palma, Gabby Cazeau, and Marlon Nichols, all experienced investors, will provide valuable insights on early-stage fundraising based on their backgrounds and successes in the industry.
- Attendees can expect valuable insights on navigating the fundraising process, building lasting investor relationships, and optimizing their approach to securing funding at TechCrunch Disrupt 2025.
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Pymnts
6d
241
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Bilt Raises $250 Million and Expands Loyalty Program to All Housing Categories
- Bilt raised $250 million and expanded its loyalty program to include all housing categories.
- The loyalty program, initially for rent payments, now covers condo HOA fees, student housing payments, and mortgage payments.
- Bilt's program allows members to pay with points at local merchants and offers personalized recommendations through an AI-powered 'neighborhood concierge.'
- The funding round valued Bilt at $10.75 billion, with recent acquisitions aimed at strengthening analytics and engagement with neighborhood merchants.
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Bloomberg Quint
6d
267
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Amazon India's Samir Kumar Draws Inspiration From Shubman Gill In Second Run At E-Commerce Giant
- Samir Kumar, country manager for Amazon India, draws inspiration from cricketer Shubman Gill for his second innings at the company.
- Kumar, who previously worked with Amazon India during its 2012–2016 launch, is impressed by the company's growth and customer loyalty in India.
- Amazon's strategy in India focuses on serving all regions with a wide selection, efficient logistics, and a strong customer-centric approach.
- Kumar emphasizes the importance of Amazon's supply chain, deep product assortment, customer satisfaction, employee welfare, and support for small businesses in India.
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Bloomberg Quint
6d
925
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It’s All About AI And Jobs
- Around a quarter of Indian CMOs lack responsible AI guidelines and believe their teams lack necessary talent for AI.
- CMOs face gaps in responsible AI, talent readiness, and data utilization, impacting ambition versus execution.
- Microsoft saved $500 million using AI in call centers but also cut 15,000 jobs, focusing on customer-facing roles.
- Salesforce reports 30% of internal work is AI-handled, sparking discussions on technology's impact on job necessity.
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Bloomberg Quint
6d
383
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India Now Makes Faster Payments Than Any Other Country, Courtesy UPI: IMF Note
- India now leads in faster payments globally, driven by the rapid growth of UPI (Unified Payments Interface), as per an IMF note.
- IMF's Fintech Note highlighted UPI's growth since its launch in 2016, processing over 18 billion transactions monthly and surpassing other digital payment methods in India.
- The note emphasized the value of interoperable payment systems like UPI, encouraging increased digital payment adoption and a decrease in cash transactions.
- Authors of the note recommend monitoring the emergence of dominant private providers in the ecosystem and ensuring a competitive, open, and interoperable system.
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