Markets Watch
Rising from the ashes
With COVID-19 triggering sell-offs across the world, India also felt a blow. Equities saw a 40 percent decline in no time. Since then, the indices have seen a rapid recovery. The Sensex rallied by about 50 percent in a matter of four months. When compared to some of the major declines in the world, this recovery has been the quickest. If this momentum continues, it would be able to move past the previous high in a short amount of time. Read here to what could spoil the party on Dalal Street.
Big Story
Freedom of choice, finally
The first 21st century National Education Policy was approved by Cabinet on July 29. Under this, school students will be able to choose the subject they want without stream barriers. The board exam gets a makeover, while college-students get an entry and exit point for their undergraduate degree. Read here to know what else is about to change in the Indian education system.
Your Money
No more late fees
Recently, the National Payments Corporation of India (NPCI) launched the UPI AutoPay feature, which will allow recurring payments via the Unified Payment Interface (UPI). This does away with having to remember the date to pay all your bills, so you never miss a beat with payments. Read here to know how it will work.
Tech Tattle
Big Tech vs the Law
Apple, Amazon, Google, and Facebook are set to testify before US lawmakers. This comes after concerns that a small number of companies dominate digital platforms. The probe is to ensure that these companies are not gaining a monopoly in digital markets. Read here to know what questions the companies will need to answer in response.
Startup Tales
Ask the boss
As more people set up to work from home, a comfortable set-up becomes a necessity to prevent backaches and neck pains. The good news is several companies recognize this. Here, is how a couple of companies are picking up the tab to support their employees working from home.
Tailpiece
11 crores in 2 years
They say beauty is only skin deep. Suraj Vazirani, Founder and Chief Executive Officer of The Beauty Co., has managed to tune this to a profit of 11 crores in two years. The foundations of which lay in selling charcoal powder and coffee scrubs on Amazon in 2018. Here is how he did it.
