BUSINESS
Reliance AGM 2023 Highlights: JFS' insurance plans to next-gen on RIL board, Mukesh Ambani shares roadmap
Reliance AGM 2023 Highlights: In a significant announcement, RIL Chairman Mukesh Ambani said that JioAir Fibre will be launched on September 19, on the auspicious occasion of Ganesh Chaturthi. Meanwhile, Isha, Anant and Akash Ambani are now inducted in the board of directors of Reliance Industries while Nita Ambani has stepped down.
BUSINESS
Europe benchmark gas soars amidst Australian LNG strike threats. Here’s why
Australia is the second largest LNG exporter worldwide. The three LNG plants in question, located in Western Australia produce 10 percent of the world’s LNG supplies used primarily for electricity generation in Asia and Europe and for industrial purposes
WORLD
Himachal's flood fury to Hawaii's fatal wildfires — A look at extreme weather events across the world
The devastating weather conditions have claimed at least 75 lives in India's Himachal Pradesh, 111 in United States' Hawaii, and forced the evacuation of thousands in Spain's Tenerife and Canada's Yellowknife.
BUSINESS
Crude oil prices decline 5% this week, hit 2-week low in 4th consecutive day of falls
A culmination of factors has led to a tumultuous week for crude oil prices, with a significant 5 percent drop in value.
BUSINESS
RBI MPC Meeting Highlights: RBI keeps interest rates unchanged in hawkish policy
RBI MPC Meeting Highlights: The RBI on August 10 maintained the GDP growth projection for the current fiscal year at 6.5 percent and slightly increased the inflation projection to 5.4 percent, attributing this adjustment to the rise in vegetable prices, including tomatoes.
BUSINESS
JPMorgan Chase opens offices in Mumbai, Bengaluru to boost India play
The two new facilities are among the company’s largest technology and operation centres across the globe, and are aimed at driving “long-term service excellence, efficiency, and innovation,” the company said.
BUSINESS
Apple, Amazon beat forecast numbers. Here are the top highlights
Silicon Valley tech giants Apple and Amazon bettered markets expectations with their earnings reports on August 3.
POLITICS
Parliament Monsoon Session Highlights: Lok Sabha passes NCT of Delhi (Amendment) Bill, 2023
Parliament Monsoon Session 2023 Highlights: Opposition leaders stage a walk out after Lok Sabha passes the Bill proposed by the Centre for the control of services in Delhi.
BUSINESS
Fitch downgrades US credit rating to AA+: All you need to know
Over time, a lower credit rating could raise borrowing costs for the US and here's all you need to know about the situation
TECHNOLOGY
In Pics: ISRO's PSLV-C56 successfully puts 7 Singaporean satellites in orbit
PSLV-C56's successful launch comes days after Chandrayaan-3 lander was blasted to moon. PSLV-C56 carries DS-SAR, a radar imaging satellite, along with six others as part of a mission of NewSpace India, ISRO's commercial arm
BUSINESS
Harley-Davidson X440's online bookings close August 3, deliveries from October
Hero MotoCorp will start production of the Harley-Davidson X440 in September at its Garden Factory in Rajasthan Neemrana and deliveries will commence the next month
BUSINESS
Metals rally on weak dollar, China vows to heal property woes
In June, Indian crude steel production recorded a 12.9% increase compared to the same period last year.
BUSINESS
Commodity price rally in July stokes inflation concerns
From energy to metals to food, a broad range of commodities is experiencing significant increases.
BUSINESS
Panchayat Poll Violence Highlights: 697 booth to be repolled tomorrow
West Bengal Panchayat Poll Violence Highlights: Total of 697 booths will be repolled tomorrow in West Bengal Panchayat elections, mentioned West Bengal State Election Commission
BUSINESS
Bengal Poll Violence Highlights: What I have seen on the ground is very disturbing, says WB Governor
Bengal Poll Violence Highlights: "What I have seen on the ground is very disturbing, there is violence & murder...one thing I have noticed is that it is the poor people who get killed, the killers are also poor...we should kill poverty but instead we're killing the poor...this is not what Bengal deserves...": West Bengal Governor CV Anand Bose
TECHNOLOGY
Chandrayaan-3: A look at the space mission that may launch on July 13
ISRO Chairman S Somanath told reporters the agency is exploring a range of dates between July 12 and 19.
BUSINESS
2023 Global Competitiveness Index: India at 40, Ireland leaps to 2 & Singapore slides to 4
India has improved from 43rd rank in 2019-2021. The IMD report highlights progress in government efficiency but notes weaknesses in business efficiency, infrastructure, and economic performance.
BUSINESS
Cyclone 'Biparjoy': Western Railway short-terminates 56 trains heading to coastal Gujarat
Cyclone 'Biparjoy': The Western Railway on Monday short-terminated more than 50 trains heading to coastal areas of Gujarat in view of powerful cyclone 'Biparjoy' and is considering cancellation of several trains over the next three days, a release said. The WR is taking various measures including setting up disaster management rooms, help desks, and keeping relief trains ready.
BUSINESS
RBI Monetary Policy LIVE Updates: MPC focused on 4% CPI target, half of Rs 2,000 notes have returned: Governor Das
RBI Monetary Policy LIVE Updates: RBI has kept policy repo rate unchanged at 6.5% in a unanimous decision. Standing Deposit Facility Rate remains at 6.25%; while Marginal Standing Facility Rate and Bank Rate also unchanged at 6.75%. Focus remains on withdrawal of accommodation to ensure that inflation progressively aligns with the target
INDIA
Air India flight diversion news highlights: Air India to fly diverted passengers from Russia tomorrow
Air India will send a plane on Wednesday to pick up passengers and crew who were on board a flight diverted to Russia and fly them to their original destination, San Francisco. An Air India plane headed for San Francisco from Delhi was forced to divert and land at Magadan airport in Russia's Far East after it developed a technical issue with one of its engines.
TRENDS
Odisha Train Tragedy: 'Possible sabotage' being looked into; Railways seeks CBI probe
The Railways virtually ruled out driver error and system malfunction, indicating a possible "signalling interference" and tampering of the electronic interlocking system behind the accident.
BUSINESS
AISATS and YIAPL to construct high-tech cargo hub in Noida
AISATS to design, build, finance, and operate the advanced cargo hub, aiming to transform India's logistics sector.
INDIA
India gets a new Parliament building: All you need to know
Spread over 64, 500 square metres, the new Parliament house is a triangular four-storeyed building equipped with the state-of-the-art technology and can seat 888 members in the Lok Sabha chamber and 300 in the Rajya Sabha
BUSINESS
News Highlights: WFI chief Brij Bhushan Singh says ready for narco test if Punia, Phogat take it too
Wrestling Federation of India chief and BJP lawmaker Brij Bhushan Sharan Singh, who is facing allegations of sexual harassment from a section of wrestlers, said he is ready to undergo a narco test, if Bajrang Punia and Vinesh Phogat take it too.
