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Bloomberg Quint
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Apple iPhone 16 Price Slashed On Amazon Ahead Of iPhone 17 Launch — Buy Or Wait?
- Amazon has reduced prices for the Apple iPhone 16, offering direct discounts along with bank offers and exchange deals.
- The iPhone 16 series, released in 2024, has seen an 8% discount on select color variants bringing the price down to Rs 73,500 on Amazon.
- Additional benefits include discounts on select credit cards, cashback for Prime members, and exchange offers.
- Consumers face the choice of availing the discounted iPhone 16 or waiting for the upcoming iPhone 17, with expected but not significant upgrades.
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Bloomberg Quint
1w
128
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Can You Succeed Without Losing Yourself?
- Success in a demanding workplace can lead to a sense of disconnection and alienation.
- Maintaining alignment between outer success and inner values is crucial for personal fulfillment.
- Choosing authenticity and presence over external validation is key to feeling at home in success.
- Legacy is built in daily gestures, in being true to oneself amid the pressures of success.
- Protecting the core of who you are amidst professional achievements is vital for fulfillment.
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Bloomberg Quint
1w
218
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Mangaluru Woman Loses Rs 3.16 Crore In Digital Arrest Fraud
- A woman from Mangaluru lost over Rs 3.16 crore in a digital arrest fraud where fraudsters posed as police officers.
- The woman received a call alleging misuse of a SIM card registered in her husband's name, leading to multiple transfers, ultimately to someone impersonating a public prosecutor.
- The fraudsters obtained her personal and banking details and coerced her into making fund transfers, promising returns after verification.
- The woman approached the police after transferring Rs 3.16 crore to various bank accounts; an investigation is ongoing.
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Bloomberg Quint
1w
21
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Manu Bhaker Headlines Indian Shooting Squad For 16th Asian Championship
- Manu Bhaker has been selected as the lone shooter for two individual events in the 35-member Indian shooting squad for the 16th Asian Championship in Shymkent, Kazakhstan.
- The senior squad for the Asian Championship comprises 35 members across 15 events, including three mixed team competitions.
- Prominent shooters making a return to the senior squad include Rudrankksh Patil, Anjum Moudgil, Aishwary Pratap Singh Tomar, Saurabh Chaudhary, and Kynan Chenai.
- Other shooters like Esha Singh, Mehuli Ghosh, and Kiran Ankush Jadhav are also part of the senior squads for the upcoming events.
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Bloomberg Quint
1w
379
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Jindal Gets Nod For Rs 3,600 Crore Steel Project In Odisha
- Jindal (India) Ltd. has received approval from the Odisha government for a Rs 3,600 crore greenfield steel project.
- The company plans to invest a total of Rs 15,000 crore in three phases in Odisha by 2030.
- The steel plant will focus on manufacturing special coated steel products with a total annual capacity of 9.6 lakh MT.
- The project aims to enhance domestic manufacturing capabilities, reduce reliance on imports, and generate employment opportunities in the state.
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Bloomberg Quint
1w
359
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Bali Says 24 Flights Canceled Following Volcanic Eruption
- Indonesia's Bali airport experienced 24 flight cancellations due to the eruption of the nearby Lewotobi Laki-Laki volcano.
- Jetstar Airways, Virgin Australia, and AirAsia Indonesia were among the airlines that canceled flights, with additional delays reported by Qantas Airways and Air Busan.
- Flight disruptions from volcanic eruptions are common in Indonesia, located in a volcanically active region in the Pacific.
- This incident follows a similar eruption last month where numerous flights in Bali were canceled and resumed the following day.
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Bloomberg Quint
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389
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Rupee Closes Lower Ahead Of US Tariff Announcement
- The Indian Rupee closed 46 paise weaker against the US Dollar at 85.86, marking the lowest close level since June 25.
- Rupee opened 0.18 paise lower at 85.57 and dropped as much as 58 paise to the dollar during the day to 85.98, the sharpest decline since June 13.
- The decline in the Rupee came amid Trump confirming tariffs of up to 70% may take effect on August 1, overshadowing hopes for a Fed interest rate cut.
- Due to Trump's BRICS tariff threats, the Rupee was the second worst performer among Asian currencies, with concerns about volatility and impact on EM currencies like the Rupee and Indonesian Rupiah.
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Bloomberg Quint
1w
384
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8th Pay Commission Setup Further Delayed? DoPT Circular On Appointments Sparks Concern
- The formation of the 8th Pay Commission is facing delays as the last date for submitting applications for key posts has been extended multiple times, now ending on July 31.
- The Department of Personnel and Training (DoPT) has not officially set up the 8th Pay Commission yet, and key positions, including the chairman and members, remain unnamed.
- Stakeholders are concerned about the delays in the establishment of the pay panel, with the Terms of Reference (ToR) still pending approval from the Centre.
- The implementation of the 8th Pay Commission's recommendations, once established, is expected to positively impact over one crore government employees and pensioners, but the rollout of revised salaries and pensions may face delays, similar to past pay commissions.
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Bloomberg Quint
1w
179
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ICICI Bank, Muthoot Finance, Aptus — Dolat Capital Lists Top Stock Picks In BFSI Space; Q1 Results Preview
- Dolat Capital has recommended ICICI Bank, Muthoot Finance, Aptus Value, Kotak Mahindra Bank, and City Union Bank as top stock picks in the BFSI sector.
- Loan growth for coverage banks is expected to moderate to sub 11% YoY in a seasonally weak Q1, while net interest income is projected to grow at 3% YoY.
- Operating profit for coverage banks is expected to increase by 5% YoY, supported by higher treasury gains aiding other income.
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Bloomberg Quint
1w
55
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BRICS Not A Bloc For Confrontation, Says China On Trump’s Tariff Threat
- China stated that BRICS is not a bloc for confrontation or targeting any country, reacting to Trump's tariff threat.
- BRICS is recognized as an important platform for cooperation among emerging markets and developing countries by the Chinese Foreign Ministry.
- Chinese Foreign Ministry spokesperson emphasized that BRICS advocates openness, inclusiveness, and win-win cooperation, not confrontation.
- Trump threatened to impose an additional 10% tariff on countries aligning with what he described as the 'anti-American policies' of the BRICS grouping.
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Bloomberg Quint
1w
94
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New Web Portal To Enable Citizens To Self-Enumerate For Census
- A new web portal will be launched for self-enumeration during the upcoming Census, allowing citizens to participate in both phases of the national enumeration exercise.
- This digital Census initiative will utilize mobile applications on Android and Apple phones for data collection by enumerators, marking the country's first digital census.
- Citizens will have the opportunity to self-enumerate through the web portal for both Houselisting and Housing Census (HLO) and Population Enumeration phases, enhancing the modernization of the Census process.
- Stringent data security measures will be implemented to safeguard data during collection, transmission, and storage, with the Census scheduled to commence on April 1, 2026, and continued in phases through 2027.
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Fintechnews
1w
286
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Continuation Funds Surge in Europe, Poised for Record-Breaking 2025
- Continuation funds in Europe have seen a surge in fundraising, with EUR 5.3 billion raised by mid-2025, nearing the 2024 record of EUR 7.7 billion.
- Continuation funds allow extending the lifespan of successful assets from existing PE funds by spinning them into new vehicles.
- Growth in continuation funds reflects the need to provide liquidity to investors while retaining valuable assets, but caution is advised against overuse.
- European VC funds reaching maturity and regulatory complexities drive the growth in continuation funds, especially in sectors like fintech, which is experiencing increased acquisitions in 2025.
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Bloomberg Quint
1w
213
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Travel Food Services Eyes Global Expansion In Asia Pacific, Middle East Lounges
- Travel Food Services Ltd. recently launched its initial public offering with aims to capitalize on the aviation sector boom by focusing on travel quick-service restaurants and airport lounges.
- The company has seen significant post-pandemic growth with a 25% increase in revenue over the last two years, positioning itself for further expansion in the coming years.
- Travel Food Services is strategically managing demand fluctuations by leveraging economies of scale in its operations and maintaining a focus on customer satisfaction.
- Varun Kapoor, CEO of Travel Food Services, highlighted the company's plans for global expansion, particularly targeting growth in the Asia Pacific and Middle Eastern markets for their lounge services.
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Bloomberg Quint
1w
141
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Prestige Group Gets BBMP Nod For 1.5-Km Private Flyover In Bengaluru: Check Routes And Project Details
- Prestige Group has received approval to build a 1.5-km long private flyover in Bengaluru's Bellandur area to connect its new tech park to the Outer Ring Road.
- The flyover, fully funded by Prestige Group, aims to reduce traffic congestion in the area and improve access to the upcoming tech park hosting over 5,000 employees.
- The project includes widening Kariyammana Agrahara Road using Prestige's resources and constructing a 40-foot-wide connector road to reduce travel time to Sakra Hospital Road by 2.5 km.
- The approval for the flyover project was granted in April 2025 after discussions with Karnataka's Deputy Chief Minister DK Shivakumar, and Prestige Group will also launch 25 residential projects this year.
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Eu-Startups
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Dutch TravelTech platform GeniusTravel raises €2 million to roll out travel packages app
- Dutch TravelTech startup GeniusTravel raises €2 million to develop an AI-powered app for complete travel packages.
- Investors, who chose to remain anonymous, aim to roll out the app in the Netherlands first, followed by other European markets.
- The app lets users create trips including flights and accommodation based on personal preferences and budget, leveraging AI to provide personalized options.
- GeniusTravel app is now available for free in App Store (iOS) and Play Store (Android) after over three years of development and Beta-testing.
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