Retail inflation fell marginally to 5.3 per cent in August mainly due to easing food prices. Ola’s upcoming electric vehicle factory in Tamil Nadu will be run "entirely" by women. Company CEO Bhavish Aggarwal said it will hire 10,000 women and it’ll be the largest all-women factory in the world. Jet Airways will resume its domestic operations in the country from the first quarter of 2022, the company announced in a press release. For all these stories and everything in between, here are some top news of the day
Must sustain pace of vaccination, it will eliminate many COVID-related risks: FM
Nirmala Sitharaman, the finance minister emphasised the need to sustain the pace of vaccination to limit the damage to the economy. In an interview with CNN-News18 she said, "If protection from the corona is given to people with vaccines, I think that would eliminate many related risks." Catch the interview here.
Ola factory in Tamil Nadu will be run 'entirely by women,' says CEO Bhavish Aggarwal
Ola’s upcoming electric vehicle factory in Tamil Nadu will be run "entirely" by women. Company CEO Bhavish Aggarwal said Ola will hire 10,000 women and it’ll be the largest all-women factory in the world. Continue Reading
Jet Airways to start domestic operations in Q1 2022
Jet Airways will resume its domestic operations in the country from the first quarter of 2022, the company announced in a press release Monday. The airline has been grounded for nearly three years now due after it went bankrupt in 2019. Details here
Retail inflation dips to 5.3% in August
Retail inflation fell marginally to 5.3 percent in August mainly due to easing food prices, official data showed on Monday. The retail inflation based on the Consumer Price Index (CPI) was 5.59 percent in July and 6.69 percent in August 2020. Continue Reading
Bharti Airtel shares hit fresh record high as CLSA raises target
The shares of Bharti Airtel hit a 52-week high on Monday after global brokerage CLSA raised the target price on the stock. The stock closed nearly 1.5 percent higher on BSE. Catch the stock action here.
RIL biggest laggard on Nifty50 as delay in smartphone launch upsets Street
The shares of Reliance Industries were the top laggard on Nifty50 Monday after the oil-to-telecom conglomerate deferred the rollout of JioPhone Next to Diwali. Check out the stock action.
Sansera Engineering IPO to open on Sept 14: Key things to know
The public issue of Sander Engineering, an automotive components manufacturer, will open for subscription on September 14. The price band for the issue is fixed at Rs 734-744. For more details, click here.
YOU & ME
Realme 8s 5G up for sale now
The Realme 8s 5G went on sale at 12 pm today. The phone, which is priced at Rs 17,999 for one of the models, will be available in Universal Blue and Purple colour on Flipkart and Realme channels. For more details, click here.
WhatsApp may soon offer feature that can turn voice messages into text; check details
WhatsApp could very soon offer a transcription feature for voice messages. The new feature would allow the app users to convert their voice recordings to text in a single click. For more information, click here.
KYC frauds: RBI cautions public not to share account details, passwords with unidentified agencies
In a release, the RBI said it has been receiving complaints/reports about customers falling prey to frauds being perpetrated in the name of KYC updation. Continue Reading
Missile tests renew North Korea's regional threat
North Korea says it successfully tested what it described as new long-range cruise missiles over the weekend, renewing concerns that its nuclear-armed leadership is building its capacity to deliver strikes against US allies in South Korea and Japan. Continue Reading
Yes to Bitcoin? These countries are ahead in the crypto adoption race
Bitcoin, the oldest and the largest digital currency by market cap, is yet to be accepted as such. But the picture is slowly changing. While some smaller countries have accepted it as a legal tender, other major countries accept the digital token in some form. Here's a look
Passage of new bill can help millions get Green Card in US by paying supplemental fee
Millions of people stuck for years in the employment-based Green Card backlog in the US, including a sizable number of Indians, can hope for a lawful permanent residency in America by paying a supplemental fee if a new House bill is passed into law. Check details
Pegasus row: Govt 'going round and round' on spyware, says Supreme Court
The Supreme Court on Monday slammed the government for not providing clarity on the NSO's spyware Pegasus. Chief Justice NV Ramana observed that the government is "going round and round" on the issue and said the court will "pass whatever order is required". Continue Reading
Meet Bhupendra Patel, the new Gujarat Chief Minister
BJP MLA Bhupendra Patel took oath as the new chief minister of Gujarat on Monday, two days after Vijay Rupani vacated the chair. Patel, 59, is MLA from Ghatlodia and his name was proposed by Rupani himself. Continue Reading
Veteran Congress leader Oscar Fernandes passes away at 80
Veteran Congress leader, former Union Minister and Rajya Sabha member Oscar Fernandes died at a private hospital in Karnataka on Monday. He was 80. Fernandes was hospitalised in July after suffering a fall while doing yoga at his house. Continue Reading
(Edited by : Yashi Gupta, Aditi Gautam)
First Published: IST