A look back at some of our biggest and best stories from this week. In case you missed them, here's a recap:
1. Govt’s mega plan to fight pollution: Sale of only electric two-, three-wheelers from April 2025 onwards
The Ministry of Road Transport and Highways has started working on a draft notification proposing the sale of only electric three-wheelers from April 2023 and sale of only electric two-wheelers under 150cc from April 2025 onwards, government sources told CNBC-TV18.
2. Real estate industry hails RBI's rate cut decision, urges banks to pass on benefits to homebuyers
The realty sector on Thursday welcomed the Reserve Bank of India (RBI)'s decision to cut repo rate by 25 basis points, with industry experts saying that this would help in revival of housing segment, provided banks pass on the benefit to homebuyers.
3. DHFL default crisis: The choices that remain for mutual fund investors
A delay in payment by housing finance company DHFL was feared for weeks and the inevitable came to pass late evening on June 4. However, DHFL insisted that they had a seven-day grace period during which they would service the liability. Then why the panic?
4. Merger of PSU banks may not be a good idea now; give them a year to get back on their feet
We have been hearing stories on Allahabad Bank and Oriental Bank of Commerce’s merger with Punjab National Bank or Oriental Bank of Commerce wanting to merge Indian Bank and Corporation Bank with itself. But believe me, PSU banks are just stepping out of the woods and you wouldn’t want to see them in trouble again.
5. Key to effective foreign policy is strong integration among ministries, says Jaishankar in first public comments
While the current global order has thrown up challenges, India stands in a beneficial position as the rest of the countries are taking long-term positions on the country, said S Jaishankar, India's new external affairs minister in his first public address after taking charge. "On one end it's a complex world but I enter the global arena with some strong cards in my hand,” he said.
6. Fixing India’s jobs problem: Why a holistic approach is imperative to bridge skills gap
As Narendra Modi begins his second term as prime minister, there are many challenges his government faces. But none more pressing than the issue of unemployment.
7. Passport-free global trips, hi-tech baggage tags -- how air travel will change in the coming years
Passports are going away? Perhaps. Iata airlines have resolved to implement the One ID initiative of global body, which will use a single biometric identifier to move passengers through the airport, without the need for paper travel documents.
8. Harman International expects 50-60% growth in consumer electronics space this year
Harman International, the maker of JBL, is expecting 50-60 percent growth in the consumer electronics space this year, said Dinesh Paliwal, president and CEO of the company. JBL saw a 100 percent growth last year.
9. Even newborns in Delhi and Gurgaon are ‘smoking’ 15-20 cigarettes a day due to pollution, says Dr Arvind Kumar
Air pollution in India is a growing public concern, and the city of Delhi is the most polluted of all metros in the country. CNBC-TV18's Manisha Natarajan spoke to Dr Arvind Kumar, the founder of Lung Foundation of India. He speaks about how over the last 30 years, the lungs of children as young as 10 and 12 are covered in black spots, like smokers' lungs.
She quit her job at a big investment bank to be the Nykaa of her own story. In a span of seven years, Falguni Nayar has built nykaa.com into the go-to web-store for women who are interested in beauty products and fashion.
10. Can Falguni Nayar be the Nykaa for the online beauty market in India?