Moneycontrol Daily: Your Essential 7

A day after slamming Amazon and other e-commerce companies for dabbling in predatory pricing practices, India's Trade Minister Piyush Goyal toned down the tirade as he clarified that the government is not against online platforms, but wants a fair play. Read more here

Today
Orient Technologies Limited IPO to close for subscription
Ideal Technoplast, QVC SME IPOs to close for subscription
PM Modi to visit Ukraine
India to celebrate first National Space Day
Rajnath on 4-day US visit to begin
Siddaramaiah, DK Shivakumar to meet Congress top leadership in Delhi
BJP to launch Yuva Aakrosh Rally in Ranchi
Andhra govt to hold grama sabhas in 13,326 panchayats
Poco Pad 5G India launch
The Netherlands, US, Canada T20I Tri-Series 2024 to begin Tomorrow
Badlapur sexual assault: MVA calls for Maharashtra Bandh
Land for job scam case: Delhi Court order on Lalu Prasad Yadav
Amit Shah to chair anti-Naxal review meet of 6 states
Rhumi-1, India's first reusable hybrid rocket to be launched
GATE 2025 registration opens

The weekly options data suggests that 24,800 is expected to be a crucial level for further direction of the Nifty 50, with resistance at the 24,900-25,000 zone and support in the 24,700-24,600 area. Read here

South Korean tech giant Samsung has announced the rollout of the Irregular Heart Rhythm Notification (IHRN) feature on the Samsung Health Monitor app for Galaxy Watches in India. The new heart health-related feature, combined with the app’s existing Blood Pressure and Electrocardiogram (ECG) monitoring capabilities, helps detect heart rhythms suggestive of atrial fibrillation (AFib), offering Galaxy Watch users a more comprehensive understanding of their heart health, claims Samsung. Read more

Thought-provoking discussions among the who’s who of the Rs 65-trillion Indian mutual fund (MF) industry were on the menu at third edition of the Moneycontrol Mutual Fund Summit 2024, but mutual fund stalwarts and star guests raised the bar several notches with insightful takes on casting the financial literacy and inclusion net wider and laying out the roadmap to achieving the Rs 50,000-crore monthly SIP or systematic investment plant inflows target. At present, MFs get inflows through SIPs worth Rs 23,000 crore. Read here

Xiaomi has confirmed the launch details for its next wearable - Redmi Watch 5 Active. The watch will launch later this month and it will come with features like 2-inch display, calling and more. All details here

Automaker Hyundai Motor revealed the features of the upcoming facelift of its premium sports utility vehicle(SUV) Alcazar. Hyundai also announced that people can now book the new Alcazar with an initial booking amount of Rs 25,000. The news Alcazar facelift will be launched on 9 September. Details about its design, rear look, engines and variants here.