Last Updated : February 08, 2023 / 06:02 IST
Moneycontrol Daily: Your Essential 7
A daily round-up of the most interesting articles to help jump-start the day.
Big Story
RBI has asked MeitY to ensure only regulated digital lenders on app stores: FinMin
The Reserve Bank of India (RBI) has furnished the list of Digital Lending Apps (DLAs) being used by Regulated Entities (REs) to the Ministry of Electronics & Information Technology (MeitY), which in turn, has shared the list with respective intermediaries (app stores) and requested them to ensure that only the apps figuring in the list are hosted on their app stores, the finance ministry said in the Parliament on February 7. Read here.
Watch out
Take a look at these key events
Today
RBI monetary policy decision
Aero India: Flying practice to begin in Bengaluru
Morbi bridge collapse case: Oreva MD's police custody to end
3M India, Adani Power, Equitas SFB, Escorrs, Gati, Godrej Afro, HCL, Hind Motors, Minda Corp, Midhani, NCC, Novartis India, Shree Cement, Steiner Infra, TBZ
Global companies results: Toyota Motor, Walt Disney, CVS Health, Uber
US initial jobless claims
Google to host AI event
Russia Jan CPI, Dec Retail sales, Dec unemployment rate
Moto E13 launch
Oppo Reno 8T 4G launch
Ranji Trophy 2022-23 s/fs: Bengal vs Madhya Pradesh; Karnataka vs Saurashtra
ICC T20 Women's WC Warm-up Match: India vs Aus in Cape TownTomorrow
Ola Electric new products launch
NFO launch: Mirae Asset Gold ETF to open for subscription
Indong Tea Company Ltd's Rs 13 crore IPO opens for subscription
Tender for Mumbai-Ahmedabad bullet train project’s undersea tunnel opens
Coal and Mines Minister Pralhad Joshi to unveil mineral potential in 9 states
G20: Bengaluru to host first environment meeting
G20: PM Modi to virtually address City Sherpas' Inception Meeting
Microsoft reimagine education event
Realme GT Neo 5 launch
India vs Australia 1st Test
Market Buzz
'It's an Adani problem': Mark Mobius remains bullish on India
Veteran emerging market investor Mark Mobius isn't deterred by the recent slump in Adani company shares and calls it an 'Adani problem' and not India's. He said he remains bullish about India's prospects calling it 'incredible'. Read here.
RBI MPC meet today
RBI may go for modest hike to support growth amid global headwinds
Reserve Bank of India (RBI) Governor Shaktikanta Das will unveil the first monetary policy of 2023 on February 8 after a two-day review amid concerns of further slowdown in economic growth and tight global financial conditions. The review by the six-member Monetary Policy Committee (MPC) led by Das will likely indicate the course the RBI will adopt in 2023 as it seeks to strike a fine balance between sustaining growth while battling against global spillovers. Coming to forecasts, the RBI is expected to raise the main interest rate by a modest 25 basis points (bps) to 6.50 percent before leaving it at that level for the rest of the year, according to economists who participated in a poll conducted by Reuters. Read here.
Technology
Google unveils ChatGPT rival Bard, AI search plans in battle with Microsoft
Google on February 6 unveiled an experimental conversation AI service called Bard, as it races to catch up with the wildly popular chatbot ChatGPT from the Microsoft-backed firm OpenAI. The service will be initially opened up to "trusted testers" before making it more widely available to the public in the coming weeks, Alphabet CEO Sundar Pichai said in a blogpost. Read here.
Your Money
What's OPD? What about 30-day waiting period? Health insurance nuances still vague to most policyholders
A survey by ICICI Lombard showed that about 48 percent of policyholders were unaware of the features of their own health insurance policies, like out-patient cover, pre-post hospitalisation and so on. Knowing your health insurance benefits helps. Read here.
Tech Tattle
OnePlus 11 with Snapdragon 8 Gen 2 SoC launched in India
The OnePlus 11 5G has officially been unveiled in India. The OnePlus 11 debuts as the company’s latest flagship offering in India and comes with the Snapdragon 8 Gen 2 SoC, a QHD+ AMOLED screen, 3rd Gen Hasselblad cameras, super-fast charging, and more. Check price and specifications here.
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