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Mint Business News - Official Channel

News and analysis from the world of business and finance. For more, visit www.livemint.com

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The Supreme Court asked the counsel of Delhi CM Arvind Kejriwal why the bail application was not filed before the trial court, while hearing a petition challenging his arrest by the ED in connection with the Delhi excise policy case. https://www.read.ht/Sanr
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Delhi excise policy case: Why no bail application in trial court, SC asks Arvind Kejriwal; hearing to continue tomorrow

Delhi Chief Minister Arvind Kejriwal was arrested by the Enforcement Directorate in a case linked to money laundering during the formulation of the Delhi govt's now-scrapped excise policy. The Supreme Court on Monday asked why Kejriwal did not file the bail application before the trial court.

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#Healthify has laid off 150 employees as part of its restructuring exercise. According to Inc 42, Healthify co-founder and CEO Tushar Vashist said that the move was aimed at making Healthify's India business profitable and expanding its presence in the US market. Read here: https://www.read.ht/Sani
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Ahead of the US elections 2024, US President Joe Biden has emerged as the least popular president in 70 years, according to a survey conducted by Gallup poll. Biden earned the title, by securing 38.7% job approval, way lower than Richard Nixon and Jimmy Carter. Whereas, Donald Trump secured a 46.8% job approval rating in the poll. https://www.read.ht/Sang
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Joe Biden 'most unpopular US President' in 7 decades, where does Donald Trump stand?

US President Joe Biden has emerged as the most unpopular US President with 38.7% job approval rating over last seventy years, according to a recent survey by Gallup Poll. Donald Trump is ahead of Biden with 46.8% job approval rating

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Over the last few weeks, Google has laid off several employees, with the most recent cuts striking its entire #Python team and following a move aimed at reducing costs by hiring less expensive labor outside the United States, according to Free Press Journal, on April 29. Read here: https://www.read.ht/Sanf
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A highly competitive job market where companies are looking for specialists is likely to push employers to offer an estimated 9-12% increments this year. According to the Mint+Shine Talent Insights report, 34% of the HR executives surveyed said they expected a hike of that range, possibly targeted to boost employee morale and prevent them from changing loyalties. https://www.livemint.com/industry/human-resource/three-in-5-recruiters-to-offer-salary-hikes-of-6-12-this-year-mint-shine-study-11714294093185.html#:~:text=The%20proposed%20increments%20come%20at,traditional%20businesses%20into%20digital%20ones.
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Three in 5 recruiters to offer salary hikes of 6-12% this year: Mint+Shine study

Among job seekers, around 24% of those surveyed said they expected a 10-15% salary hike, while another 24% expected a more than 20% hike. This shows job seekers and employees were hopeful of even bigger hikes than employers expect to give this year.

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Breakout stocks today | Amid Q4 results 2024 season, retail investors would be busy finding a value pick. A total of 15 Nifty 50 stocks have given breakout on Friday. Those 15 breakout stocks include shares from banking, railways, auto, PSU, and pharma sectors. https://www.read.ht/San7
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Breakout stocks today: IRFC, RVNL, Axis Bank, Tata Motors, Ashok Leyland, SBI to BoB — 15 Nifty 50 stocks in focus

Breakout stocks today: 5 Nifty 50 shares include Ashok Leyland, SBI, BoB, RVNL, IRFC, Tata Motors, Divi's Laboratories, Aurobindo Pharma, etc

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Today's #MintMetric by Bibek Debroy!
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#MintPodcast 🎙️| How much #appraisal can you expect this year? #TopOfTheMorning is a daily podcast in which we bring you all the action from the global markets and the business world to kick-start your day on a well-informed note. Listen in 👇 https://open.spotify.com/episode/6iwIAxKd1gUhx8gfTn1xlY
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Microsoft CEO Satya Nadella, Alphabet CEO Sundar Pichai, OpenAI CEO Sam Altman, Nvidia CEO Jensen Huang and 18 other top executives have joined an advisory board in the US that will advise the federal government on how to protect critical infrastructure such as power grids, airports and transportation from the threat of artificial intelligence. https://www.read.ht/SanM
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Satya Nadella to Sundar Pichai: 22 top executives join AI advisory board in the US

Microsoft, Alphabet, OpenAI, Nvidia CEOs join US advisory board to advise on protecting critical infrastructure from AI threats. Board aims to prevent AI-related disruptions to national security and public safety.

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Market capitalisation of 6 most valued firms surges to ₹1.30 lakh crore; SBI, ICICI Bank leads the pack

Bharti Airtel and ITC also observed significant gains, adding ₹20,747.99 crore and ₹18,914.35 crore respectively to their market capitalization.

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