Market rally continues on positive global cues, FIIs buying and strong earnings; rupee recovers

Indian equity market rose more than 2 percent during the week ended 29 July, tracking positive global cues as the US Fed raised interest rates in line with expectations. Recovery in Indian rupee, better earnings from India Inc and return of FIIs in the domestic market also supported the investor sentiment. More here.

Take a look at these key events

Today

Income Tax returns filing deadline
CWG 2022: India’s Shiva Thapa faces Scotland’s Reese Lynch in round of 16 in men’s light welterweight
Tomorrow
Positive Pay System of banks to encash high-value cheques
EC drive to link voter ID cards with Aadhaar
Price rise issue likely to be discussed in Lok Sabha
Sena symbol row: SC to hear team Thackeray’s plea

Commonwealth Games 2022 | Mirabai Chanu wins India's first gold medal

Weightlifter Mirabai Chanu (49kg) went on a record-smashing spree, claiming four of them in a power-packed performance, to claim India's first gold medal at the Commonwealth Games in Birmingham on July 30. In a remarkable performance, Chanu smashed the Commonwealth and CWG record in snatch. She obliterated the Games record in clean and jerk as well as total lift. Read more here.

Last minute tax-filing: 5 types incomes you must not forget

The last date to file income tax returns (ITR) is July 31. Stick to this deadline if you do not want to pay a late fee, penal interest on due tax and let-go other benefits of filing the ITR before the due date. At the same time, it is crucial that you do not forget to report off-beat or unusual incomes that you might have earned during the last financial year, irrespective of the amount. Read here.

New car launches & impact of new EV policies

In this week’s “The Drive Report”, we get you the main highlights from the car world this month - new car launches, EV policies and their impact on end consumers. Parth Charan highlights some of the big SUV names like Hyundai Tucson and Toyota Urban Cruiser Hyryder. The video also highlights the impact of new EV policies announced by Haryana & Chhattisgarh. Check it out here.

Moto X30 Pro to debut as first smartphone with 200 MP Camera

The Moto Razr 2022 and the Moto X30 Pro are set to make their debut in China next week on August 2. Now, new details have emerged about Motorola’s upcoming flagship smartphones. Motorola recently confirmed that the Moto X30 Pro will be the first smartphone to feature a 200 MP main camera. A quick look at everything we know about the upcoming device so far.

Asia's richest woman lost half her wealth. Here's what happened

Asia’s wealthiest woman Yang Huiyan has seen her wealth fall to  $11 billion from nearly $24 billion this year, owing to China’s escalating property crisis. She has been replaced by India's Savitri Jindal as the richest woman in the continent. According to the Bloomberg Billionaires Index, Garden’s stock has lost more than half its value this year as the Chinese real estate sector has struggled with falling home prices, weakening buyer demand, and a debt default crisis that has engulfed some of its largest developers since last year. Read here.