Sunday, Aug 20, 2017 | Last Update : 07:25 AM IST

Economy

Inflation numbers have risen as expected and the Reserve Bank will go in for a "prolonged pause" before cutting rates again.

RBI likely hold policy rate, watch inflation: HSBC

The brokerage attributed the jump in inflation numbers to rising vegetable prices.

UIDAI offers the option to ‘Verify Email/Mobile Number'.

Verify your Aadhaar mobile number, email ID in 7 easy steps

With the help of this we can verify which of our mail IDs or mobile numbers are registered with our Aadhaar numbers.

India's weight in the MSCI Emerging market index is expected to rise in the coming years, said a Morgan Stanley report.

India's growing GDP will push up its weight in MSCI EM index: Morgan

The report said that the gap between index weight and GDP rank is likely to keep closing.

Earlier, the government had fixed August 20 as the last date for filing GSTR-3B forms for July. (Photo: File/Representational)

Govt extends date for filing GST returns, tax payment by 5 days

The last date for filing GST returns has been changed to August 25 from August 20.

The government on Wednesday fixed a price range for knee implants from Rs 54,000 to Rs 1.14 lakh. (Representational Image)

Govt cuts MRP of knee implants sharply, prices down by 70 per cent

The move came in the wake of private hospitals reportedly charging exorbitant rates for knee implant surgeries.

Market

 Globally gold lost 0.71 per cent to USD 1,286 an ounce in Singapore. (Photo: PTI)

Gold futures fall 0.23 per cent on global cues

Gold is trading at Rs 29,135 per 10 grams in futures trade as participants trimmed their positions.

S&P BSE benchmark Sensex and NSE 50-share Nifty snapped their 5-week winning streak by tumbling 1,112 points and 356 points respectively.

Markets snap from winning streak amidst global tension

Sensex tumbled 1,112 points whereas Nifty slipped by 356 points due to profit-booking by investors.

Globally gold climbed 2.29 per cent to USD 1,264.40 an ounce in Singapore.

Gold futures spurt Rs 194 on global cues

Gold is trading at Rs 28,573 per 10 grams in futures trading as speculators enlarged their positions.

Vishal Sikka's resignation dealt a big blow to stock indices as the Sensex plunged 271 points.

Sensex, Nifty hit hard; Infosys plunges 9.6 per cent as Sikka quits

Deadly attack in Spain and rising concerns over Donald Trump's economic agenda cast a long shadow on markets.

Companies

The revised interest rate will be effective from August 19.

ICICI Bank cut interest rate on savings account by 0.5 per cent

The interest rate on savings bank accounts with deposits of Rs 50 lakh and above remains unchanged.

According to IiAS, Nandan Nilekani is possibly the very best candidate Infosys can find globally.

Bring back Nilekani as Infosys chairman, says advisory firm

Nilekani was one of the seven founders that set up Infosys more than three decades ago.

 Sale of this stake by Bharti is consistent with management's commitment to strengthening its balance sheet and reducing debt.

Airtel stake sale in tower arm credit positive: Moody's

Moody's Investors Service rated 3.65 per cent stake sale in Bharti Infratel as credit positive for Airtel.

Vishal Sikka on Friday, stepped down as CEO and MD of Infosys.

Infosys committed to Vishal Sikka's 'strategic direction'

The board also thanked Sikka for agreeing to stay on board as the Executive Vice Chairman and 'ensuring continuity'.

Infosys co-founder N R Narayana Murthy. (Photo: PTI)

Murthy hails Modi's call for 'Competitive Cooperative Federalism'

Murthy says competitive aspect of slogan would make states compete with each other to attract investors.

Autos

Let's take a look at the top five most expensive bikes ever to be sold in India.

Top five most expensive bikes ever sold In India

Two-wheelers not only provide blistering performance but also have a reputation that nothing else can possibly match.

But what is the Nexon really like?

Tata Nexon review: First drive

Nexon could well be the concept car that was showcased in 2014.

Here are the ex-showroom prices of all the variants.

2017 Skoda Octavia launched at Rs 15.49 lakh

Essentially a mid-life update, the 2017 Octavia isn't a whole lot different compared to the outgoing one.

Post GST, the prices of the Maruti Celerio have gone down by a thousand bucks in Delhi and the range now starts from Rs 4.03 lakh.

Maruti introduces Celerio Limited Edition

Celerio Limited Edition features lots of chrome and graphics on exteriors, while the interiors get beige accessories.

In Other News

Chief Economic Advisor Arvind Subramanian

CEA wants deeper rate cut

Arvind continues his fight with Reserve Bank on policy rate.

The service will later be expanded to Whitefield and other parts of the city based on demand and feasibility.

HeliTaxis in Bengaluru to avoid traffic

Minister of state for civil aviation Jayant Sinha on Friday announced the launch of the service, HeliTaxi, from the KIA to Electronic City.

Basix chairman Vijay Mahajan (left) speaks to Bharat Financial Inclusion Limited MD and CEO M.R. Rao at an event in Hyderabad. (Photo: Asian Age)

Microequity is a must for startups’ success

Finance veteran calls for new funding channel for new-age companies.

 The provisions set aside for bad loans stood at Rs 12,125.26 crore, up 10.30 per cent on a sequential basis and 91 per cent higher when compared to the same period last year.

NPAs eat into SBI’s profit after merger

This is the first quarterly result from SBI after merging with five of its associate banks with it from April 1, 2017.

The pension body has also launched a housing scheme under which the members can make down payment for a house and also pay EMIs out of their EPF corpus.

EPFO has received Aadhar details of 1.8 cr members

Members whose Aadhar details have been verified are getting the facility of online transactions in the PF account.