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Welcome to Moneymint, your ultimate destination for the latest updates and news on business and finance! 🚀💸

[Neha @LadyPeraltaa]

Asked a Hindu guy - Bro what is your problem with Muslims?

His reply - The problem with Muslims is that they are not Hindus

[Moneymint @Moneymintfm]

India is set to host the G20 Summit in New Delhi on September 9 and 10, and about 130,000 security personnel will be deployed to guard the event. Anti-drone systems will also be used to ensure the safety of the world's most powerful leaders attending the summit.

[Moneymint @Moneymintfm]

Elon Musk's X, previously Twitter, faces 2,200 arbitration cases from ex-employees regarding unpaid severance and fees, while thousands of former staff also sue over severance pay disputes.

[Moneymint @Moneymintfm]

Indian oil firms have hiked jet fuel (ATF) rates in Delhi by 14% to ₹1.12 lakh/kl, reaching levels last seen in December 2022. This may impact festive season air travel expenses as ATF accounts for up to 50% of airlines' operating costs, potentially causing a 15% airfare rise.

[Moneymint @Moneymintfm]

ISRO is set to launch the Aditya-L1 solar mission on September 2, 2023, marking India's first solar exploration. ISRO Chief S Somnath has confirmed readiness, with the launch scheduled at 11:50 am from Sriharikota.

[Moneymint @Moneymintfm]

BPCL unveils ₹1.5 lakh crore investment for Project Aspire, encompassing net-zero goals. Aiming for net-zero emissions by 2050, BPCL aims to reevaluate strategies and achieve this by 2040 through funded initiatives.

[Moneymint @Moneymintfm]

Saudi Crown Prince Mohammed bin Salman plans to visit India on September 11, 2023, following the G20 summit in New Delhi. The visit aims to enhance trade, defense cooperation, amid his G20 participation amidst strained US relations and growing Gulf-China ties.

[Moneymint @Moneymintfm]

India and UK extend FTA talks till August, started in January 2022. By September 5, progress in 19 of 26 FTA chapters. Aiming for comprehensive FTA by October, covering various areas. Confidence persists in technical discussions despite tariff and investment issues.

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India aims to collaborate with African countries such as Namibia, Mozambique, and Kenya for Unified Payments Interface (UPI) advancement, reinforcing digital financial inclusion through a $2 million commitment to Africa's financial development.

[Moneymint @Moneymintfm]

ED's raid at ex-Kerala Minister A C Moideen's home, tied to a Rs 100-crore Karuvannur Bank fraud, lasted 22 hours, froze accounts, revealed benami deals, and allegedly pre-planned, per Moideen.

[Moneymint @Moneymintfm]

India's Chandrayaan-3 craft lands at the moon's southern pole, joining four nations in this accomplishment. The mission investigates potential frozen resources, with the Vikram lander and Pragyan rover, enhancing India's space prowess.

[Moneymint @Moneymintfm]

Indore, MP, clinches India's cleanest city title for the sixth consecutive year in the Swachh Survekshan survey by the Ministry of Housing and Urban Affairs, evaluating waste, sanitation, and hygiene. Top 10 also feature Surat, Navi Mumbai, Ambikapur, and Mysore.

[Moneymint @Moneymintfm]

CVC reveals 6,800+ CBI-investigated corruption cases await trial; 313 cases exceed 20-year delay. Initially for bribery, CBI's mandate broadened to central law breaches, multi-state crime, corruption. Former officials allege nepotism, wrongful prosecution, corruption.

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India has halted discussions of a BRICS common currency. Local currency credit deal within BRICS won't lessen dollar's reserve role, says India's Ministry. Ex-Goldman Sachs economist calls shared currency idea "absurd."

[Moneymint @Moneymintfm]

India's animal health system gains a $25 million boost from the Pandemic Fund, aligning with a three-year $25 million commitment to the Global Fund. This enhances disease control and animal well-being.

[Moneymint @Moneymintfm]

The Indian pharma industry foresees 10-12% growth in FY24 via US mergers, aiming for a $57B valuation by FY25 with $35-40B biosimilars, ranking third globally in production and vaccine supply, contributing 1.32% to India's GDP.

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The Outcome Document from the G20 Health Ministers Meeting in Gandhinagar, India, August 18-19, 2023, renews G20 nations' dedication to fortify the worldwide health framework and prevent pandemics.

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The government's upcoming GST incentive program aims to boost bill requests by offering lotteries worth Rs 10 lakh to Rs 1 crore, discouraging tax evasion, enhancing transparency, and elevating tax compliance.

[Moneymint @Moneymintfm]

G7 mulls sanctions on India's diamond imports from Russia, impacting a 4-million-employee industry. Ongoing talks; potential ban targets 1-carat+ diamonds amidst declining exports to the US and China. FY23 trade: $17.3B imports, $22B exports

[Moneymint @Moneymintfm]

Union Minister Ashwini Vaishnaw unveiled India's inaugural 3D-printed post office in Bengaluru on August 18. Constructed by L&T on a 1,100 sq ft site, its time-efficient, cost-effective technology promises resilience and industry transformation.