BUSINESS
RBI policy: Rural demand and farmers’ income expected to grow in H2FY19
The six-member committee, headed by Reserve Bank of India governor Urjit Patel, decided to hike the repo rate by 25 basis points to 6.50 percent, in its third bi-monthly meeting of 2018-19.
BUSINESS
RBI Policy: Retail inflation forecast raised marginally to 4.8% for H2FY19
The CPI inflation is projected at 4.4 percent for the second quarter of 2018-19, with the consumer inflation for the first quarter of 2019-20 projected at 5.0 percent.
INDIA
Vistara gives 'pay for what you value' option to flyers, offers in-flight entertainment
The budget airline has also introduced a new fare type – Economy Lite – for customers seeking simply the lowest fares.
BUSINESS
Govt may issue show-cause notice to Tata Motors over EV order: Report
The move comes after the first batch of cars delivered by Tata Motors under the 5,000-vehicle order did not perform as expected
BUSINESS
An evening walk down Dalal Street | Sensex breaks 4-day rally, Nifty just below 11,350; autos hit
The weakness was largely visible in banking and automobile names as investors reacted to the central bank’s announcement
POLITICS
Rahul Gandhi to continue his temple run during Madhya Pradesh campaign: Reports
The campaign is likely to commence in late August or early September
BUSINESS
Jet Airways to cut employees’ pay by up to 25%: Report
The airline has cited increasing the cost of operations due to rising crude oil prices and a falling rupee as a reason for the pay cut.
WORLD
Facebook bans multiple app developers from accessing user data
In May, Facebook had asked developers to submit their apps for review by August 1.
BUSINESS
Tesla counter sued by 'whistle blower' for $1 million over phishing accusation
The tussle between Tesla and Tripp began on June 17 when Musk emailed his employee saying that an employee "had conducted quite extensive and damaging sabotage to [the company’s] operations."
BUSINESS
US lawmakers seek to utilise blockchain to fight spread of fungal disease
The establishment of the blockchain pilot program is one of the short goals outlined in the bill
BUSINESS
Flintobox raises Rs 6 crore in venture debt from InnoVen Capital
The company will use the funds towards expanding its domestic presence, as well as venturing into international markets such as Southeast Asia and the Middle East.
INDIA
Cabinet gives nod to bill to restore provisions of Dalit atrocity law
The bill to restore the original provisions of Scheduled Castes and Scheduled Tribes (Prevention of Atrocities) Act will be brought in Parliament.
WORLD
Notch a problem: Google bans Android phones from having more than 2 notches
Earlier this year, Google announced that the ninth major version of the Android operating system- Android P will have “display cutout support,” also known as notch support which will enable full-screen apps to accommodate notches
BUSINESS
US gives India STA-1 status: Here's all you need to know about it
The granting of STA-1 status to India comes after the US recognised India as a "Major Defence Partner" in 2016.
BUSINESS
RBI Policy full text: MPC hikes repo rate by 25 bps to 6.50%
The Reserve Bank of India on Wednesday increased its benchmark repo rate by 25 bps to 6.50 percent, and kept its policy stance unchanged at 'neutral'
BUSINESS
RBI policy: India GDP growth retained at 7.4% in FY19
The MPC has hiked its key repo rate by 25 basis points to 6.50 percent.
BUSINESS
RBI policy meet: Rate sensitive stocks trade lower after it hikes repo rate by 25 bps to 6.5%
The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) decided to hike rates by 25 basis points to 6.5 percent .
WORLD
If I wanted a safe life, I would still be in Hawaii, working for the NSA: Edward Snowden
When he arrived in Russia, Snowden was approached by the Russian intelligence at the airport but he refused to work with them.
INDIA
GST collections at Rs 96,483 crore in July, higher than June but still short of Rs 1 lakh-cr mark
Achieving the revenue collection target is crucial as it has a direct bearing on the fiscal deficit, which is a gap between government’s revenue and expenditure.
CRICKET
England vs India: The Three Lions squad that will face India in first Test
With the first of the five match Test series starting from August 1 at Edgbaston, here's a list of England's playing XI.
BUSINESS
Emami looks for partners as it plans to enter Iran despite US sanctions: Report
The company is working towards entering Iran by the end of this year and start selling products from the first quarter of the coming fiscal year
BUSINESS
Marico Q1 preview: Profit seen rising 10.85% YoY at Rs 261 crore on low base
In the quarter under review, the company is seen reporting a 17.95 percent YoY rise in net sales to Rs 1,983.4 crore
BUSINESS
Myntra acquires end-to-end ominchannel platform Pretr
This acquisition will help Myntra in forging omnichannel partnerships with brands on its platform.
BUSINESS
TVS Motor July sales jump 18% to 3.21 lakh units on growth across segments
Scooter sales grew by 29 percent year-on-year to 1.19 lakh units while 3-wheeler sales jumped 70 percent to 13,323 units for the month ended July.
