Kerala businessman loses Rs 7 crore to online scam
Businessman from Kerala loses Rs 7.66 crore in online trading scam, reports say

Shorts By/

Shefali Dhiman
A businessman from Kerala lost Rs 7 crore in an online investment scam. He was promised high returns by fraudsters posing as employees from Invesco Capital and Goldman Sachs. They showed him a fake statement claiming his investment had grown to Rs 39 crore. When he tried to withdraw his money, he realized he had been deceived and filed a police complaint.
News18
BPCL offering bonus shares soon, buy now!
BPCL offering bonus shares soon. Buy now before the record date ends

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Shefali Dhiman
Today is the last chance for shareholders to buy Bharat Petroleum Corporation (BPCL) shares and qualify for a 1:1 bonus share issuance. The record date for eligibility is June 22. BPCL plans to issue one bonus share for every existing share held.
News18
Users can use new Axis Bank cards
Citibank credit cards now Axis: fees, names, features updated

Shorts By/

Shefali Dhiman
Axis Bank acquired Citibank's consumer business in March 2023. By July 15, 2024, all Citibank credit cards will shift to Axis Bank. Users can use their Citibank cards until they receive new Axis Bank ones by year-end. Details like card PIN, number, and benefits remain unchanged for customers.
News18
GST Council June 2024-Expected changes in tax rates
June 2024 GST Council Meeting: Expected changes in tax rates and simplification of regulations

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Shefali Dhiman
The GST Council's 50th meeting imposed a 28% GST on online gaming, casinos, and horse racing, sparking industry concern. Companies argue this tax is too high and causes uncertainty. Despite calls for change, the Council upheld the decision. Industries hope for a simpler, fairer GST rate system soon.
News18
A 26-year-old startup CEO spent big on pizza
A 26-year-old startup CEO spent ₹12.51 lakh on pizza, gaining ₹8.3 crore in revenue

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Shefali Dhiman
Matthew Parkhurst, co-founder and CEO of New York tech startup Antimetal, found success with a unique idea: using pizza to attract clients. His journey proves that determination and a solid business plan are key to entrepreneurial success. Starting his own venture enabled him to be his own boss and achieve business goals.
Zee news
Nvidia CEO learns valuable career lesson in Japan
Nvidia CEO Jensen Huang learns career lesson from Japanese gardener: "Time is abundant."

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Shefali Dhiman
Jensen Huang, Nvidia CEO, learned a valuable career lesson from a gardener at Kyoto's Silver Temple. Despite harsh weather, the gardener diligently cared for the moss. This dedication inspired Huang to prioritize his work, ensuring each day starts productively. This mindset contributed to Nvidia's success and Huang's personal growth.
News18
Passengers strip off, faint due to broken air conditioner on Qatar Airways
Passengers strip off, faint due to broken air conditioner on Qatar Airways

Shorts By/

Ashish Walter
Passengers on a Qatar Airways flight going from Athens, Greece to Doha had to endure harsh heat for more than three hours after the aircraft's air conditioning system failed. The technical failure left the passengers sweating, and a few even removed their clothes due to the heat, as per reports. Garth Collins, a sports massage therapist, shared a clip of Damian Collins, a Muay Thai fighter, who was on the flight. Damian can be seen sweating severely while people behind him constantly fan and try to hydrate themselves. (Also Read: 12 injured after turbulence hits Qatar Airways flight to Dublin) "Damian Collins, while they held on board @qatarairways flight QR204 for 3.5 hours with the doors closed, no air cooling, and zero sustenance, people were passing out, and panic ensued. Damian is a fit, conditioned athlete; imagine the stress and danger for any normal individual. Currently, the passengers are queueing at the check-in counters to find out when they will be flown out of Athens and what will be done about their connecting flights in Doha," wrote Garth as he shared Damian's clip.
Hindustan Times
Government mulls Rs 5 lakh tax-free limit
Government may raise tax exemption to Rs 5 lakh in Budget 2024, according to report

Shorts By/

Shefali Dhiman
The government plans to raise the income level for tax payment from Rs 3 lakh to Rs 5 lakh in the upcoming budget. This move aims to boost spending among the middle class, amidst a slowdown in private consumption growth. However, the highest income tax rate of 30% is unlikely to change
News18
Avoid these social media investment tips
NSE cautions investors about specific Instagram and Telegram channels, urging vigilance and awareness

Shorts By/

Shefali Dhiman
The National Stock Exchange (NSE) has warned investors about fraudulent Instagram and Telegram channels offering stock market tips and trading services. Channels like 'bse_nse_latest' on Instagram and 'BHARAT TRADING YATRA' on Telegram are highlighted. The NSE also exposed illegal Dabba trading services by a person named Aditya, urging caution.
News18
When will Nifty 50 reach 30K peak
When will Nifty 50 reach its highest point of 30,000?

Shorts By/

Shefali Dhiman
The Indian stock market rebounded after a major drop following the Lok Sabha Election results. The Nifty 50 surpassed resistance at 23,300 and faces a new challenge at 23,500. Analysts anticipate growth in 2024 due to a favorable Union Budget and predict Nifty may reach 25,000 by Diwali 2024 and 30,000 by end of 2025.
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