News Snippets

  • A consortium led by SBI will provide $3.5bn debt financing to Vodafone
  • RBI says it is building tokenised bonds as tokenised financial assets is the future
  • Sebi indicates that it may tweak F&O settlement price mechanism
  • RBI is activating all ways to mop up liquidity from the system as excess liquidity in money market touches Rs 11Lcr
  • Asian Games: Jasprit Bumrah cleared to play but Harshit Rana injured. BCCI removed physio Kamlesh Jain due to frequent injuries to players
  • Women's Asia Cup: India beat Bangladesh by 40 runs in the first semifinal. In the final, they will meet the winner of Sri Lanka-Pakistan clash in the other semifinal
  • Duleep Trophy: East Zone win title by beating South on 1st innings lead. They won the trophy after 14 years
  • Election Commission is likely to resolve the TMC symbol and name dispute before the Nandigram bye-election deadline for filing nominations ends on on September 16
  • Allahabad HC ruled that once a person turns 18, their parents' concern cannot override their choice of partners and such adults can choose who they want to live with, including husbands their parents do not approve
  • Supreme Court says until the Parliament amends the law, husbands cannot be tried for marital rape as no such provision exists in current laws
  • Allahabad HC says UP cops who failed to provide the detention period CCTV footage of four men who were illegally detained in Deoria were "a bunch of liars"
  • Sebi lifts ban on JP Morgan unit and a broker in te CAS case
  • Adani Airports to raise $1bn equity from global investors
  • IPhone launches foldable phone at Rs 2,99,900. Wishes to take on Samsung & Google
  • NSE cuts IPO size from 6% to 5.3% of its equity base, which comes to Rs 23500cr, down from Rs 30000cr planned initially. The offer band is also reduced to Rs 1700-Rs 1785 per share
WHO review has confirmed that their is no link between vaccination and autism, junking unfound fears over vaccines /////// Chinese President Xi Jinping to visit India for the first time in seven years, along with a business team from his country, for the BRICS summit