Last Updated : April 20, 2023 / 06:08 IST
Moneycontrol Daily: Your Essential 7
A daily round-up of the most interesting articles to help jump-start the day.
Market Buzz
Healthcare, Consumer & Tech top India bets, says KKR CO-CEO Joseph Bae
Regarding the firm's majority stake in Avendus Capital (an investment made in 2015), Trehan clarified no formal sale process had been launched but at the "right time", KKR India would be able to offer a stake to someone to take the business forward. Read more here.
Watch Out
Take a look at these key events
Today
Solar eclipse to occur; will bring both total darkness and ‘ring of fire’
PM Modi to address Global Buddhist Summit
Second Apple Store outlet to open in Delhi
SpaceX’s next attempt to launch a Starship from Texas
IPL 2023: PBKS vs RCB and DC vs KKR
TomorrowExternal Affairs Minister Jaishankar on four-nation visit starting today
Modi to address civil servants on Civil Services Day at Vigyan Bhawan
Paper leak in Telangana: Congress to protest
Goa tourism department to host 'Spirit of Goa' festival from today
IPL 2023: CSK vs SRH
Big Story
Apple CEO Tim Cook meets PM Narendra Modi, says committed to investing in India
While thanking the prime minister for the warm welcome, Cook said in a tweet that they share his vision of the positive impact technology can make on India’s future, right from education and developers to manufacturing and the environment. Read more here.
Auto
Lexus unveils all-new fifth generation RX in India
Lexus India on April 19 announced the launch of the all-new 5th generation Lexus RX for the Indian market. The car was unveiled in India at the 2023 Auto Expo in January. Available in two powertrains, the RX350h Luxury and the RX500h F-Sport+ are offered in eight and six exterior colours respectively, including a new colour variant – Sonic Copper. Read more here.
Your Money
How many tax saving schemes do you need?
“Which is the best ELSS scheme to invest in this year?” That’s the question thrust at many financial planners and distributors as each calendar year begins and the financial year winds down. ELSS stands for Equity-Linked Saving Schemes. These tax-saving mutual fund (MF) schemes get you income-tax deduction under Section 80C, up to a maximum limit of Rs 1.5 lakh. Read more here.
Tech Tattle
Apple previews its Delhi retail store ‘Apple Saket’. Here’s a sneak peek
Estimated to be around 8,400 square feet in carpet area, the Delhi store is just more than a third of the over 20,000 square feet and multi-floored store in Mumbai. Yet, the Select City Mall store lords over its peers in the shopping complex, where most of the outlets are 1,500-2,000 square feet in size. Read more here.
Tailpiece
Inflation makes us all want to dress like the 1%
Inflation has come for dopamine dressing.That’s the message from the catwalks to TikTok. While the “quiet luxury movement,” characterized by minimalism and understated elegance, is a good look for some high-end brands, it’s a trend many others could do without. Read more here.
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