Sunday, Aug 01, 2021 | Last Update : 10:41 PM IST

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Economy

Microsoft CEO Satya Nadella (Twitter@satyanadella)

Microsoft CEO Satya Nadella bats for global regulation on privacy

He says, regulations are in place and initiatives such as General Data Protection Regulations (GDPR) are spreading worldwide

The total revenues earned for the month are 27 per cent higher than the GST collected in the same month last year, according to finance ministry data released on Thursday. (Photo: PIB)

GST mop-up hits record Rs 1.23 lakh crore in March

Collection tops Rs 1L cr for 6th month in a row

The latest GDP data released by India indicated a steep contraction of 23% in the economy. (AP file photo)

Finally, it falls to the farmer to rescue salvage India's parlous GDP

Growing at 3.4%, farm sector may be a safe haven for millions of corona refugees from urban India

The positive growth — though not very strong yet — has taken the Indian economy out of the recession. (Photo: PTI)

Indian economy in +ve zone, grows 0.4%

The size of the economy had shrunken in the April-June and July-September quarters, pulling down the country into a technician recession

Representational image. (PTI)

Manufacturing PMI expands to 13-year high in October, signals economic recovery

The survey, however, showed that the Asia’s third-largest economy was signalling a fast recovery

Market

The 30-share BSE index was trading 54.44 points or 0.10 per cent higher at 52,382.95 in initial deals. (Photo: PTI/File)

Sensex, Nifty start on choppy note

Tech Mahindra was the top gainer in the Sensex pack, rising around 2 per cent

Coronavirus has already had its toll on the Indian indices and the recent RBI's crackdown on Yes Bank has done further damage to the Indian stock market, say experts. PTI photo

Rupee slips below 74/USD amid Coronavirus fears

Brent crude futures, the global oil benchmark, tanked 30 per cent to USD 31.69 per barrel

Representational image

LIC bats for a unified regulator to oversee all of India's financial sector

The insurer is of view that the regulatory process in all these sectors need to be simplified

Apple had started manufacturing iPhones in India in 2017 with iPhone SE. (Photo: AFP)

Apple starts assembly of iPhone 12 in India

While the company did not name the supplier partners, sources said Foxconn will be making the iPhone 12 at a facility in TamilNadu

Companies

On Wednesday, the Chennai Ford Employees Union expressed concern in a letter to management. (Photo: PTI)

Ford halts southern India plant production as pandemic surges

The automaker will stop work at its Chennai plant on Friday and Saturday

 The market valuation of ICICI Bank jumped by Rs 26,620.32 crore to Rs 2,82,550.05 crore, becoming the biggest gainer. (PTI Photo)

6 of top 10 firms add Rs 1.6 lakh crore in m-cap; ICICI, Kotak Bank top gainers

The market valuation of ICICI Bank jumped by Rs 26,620.32 crore to Rs 2,82,550.05 crore, becoming the biggest gainer

As India's largest private sector port developer and operator, we will accelerate India's and AP's industrialisation,” Adani Group Chairman Gautam Adani said in a tweet. (Image credit: Twitter/@Adaniports)

Adani Ports to acquire controlling stake in Gangavaram Port for Rs 3,604 cr

Through APSEZ's 89.6 per cent stake in Gangavaram port, the Adani Group will greatly expand its pan-India cargo presence

 Vistara introduces three days of leave without pay for pilots in September. (PTI Photo)

Vistara announces leave without pay for three days for pilots in September

The three-days leave without pay measure for pilots is in addition to a cut in monthly base flying allowance

Twitter said it will continue to be strictly guided by principles of transparency. (Photo: PTI)

Concerned over intimidation tactics by police: Twitter

Twitter said it will strive to comply with applicable law in India to keep its service available in the country

Autos

Maruti Suzuki Ciaz

Cosmetically Premium

The new Maruti Suzuki Ciaz — with a few cosmetic changes — looks and feels like a premium petrol sedan.

 Bajaj is facing supply chain issues at its plants in India due to lockdowns imposed by local governments. (PTI Photo)

Bajaj Auto focuses on exports as India battles COVID-19 pandemic

Between January and June, it exported 6,64,000 motorcycles while selling 5,89,000 in India, company data showed

The TVS Jupiter ZX comes in two colours.

TVS brings Jupiter ZX Disc scooter at Rs 69,052

The two-wheeler has technology that enables silent and instant start without the cranking noise

  Tesla overcame a seven-week pandemic-related shutdown at its California assembly plant to post a surprising $104 million net profit for the second quarter. (AFP Photo)

Tesla makes $104 million surprise profit despite factory shutdown

Musk also said he’s confident about rolling out full self-driving technology by the end of the year

In Other News

The price of petrol was hiked by 26 paise per litre. (Photo: PTI/File)

Petrol crosses Rs 100 mark in nine states including Telangana, Karnataka, Maharashtra

The increase took rates across the country to fresh highs

The increase took petrol and diesel prices to an all-time high across the country. (Photo: PTI)

Petrol crosses Rs 100/litre in Thane, hits Rs 99.94 in Mumbai

Petrol price was increased by 24 paise per litre and diesel by 29 paise a litre on Thursday

In August 2019, the Reserve Bank of India (RBI) had issued a framework for processing of e-mandates on recurring online transactions. — Representational image

RBI extends timeline to comply with new rule for online transactions by 6 months

The primary objective of the framework was to protect customers from fraudulent transactions and enhance customer convenience

 India initiates probe against alleged dumping of Vitamin C from China. (PTI Photo)

India probes alleged dumping of Vitamin C from China

Bajaj Healthcare Ltd has filed the application before the commerce ministry's investigation arm DGTR, seeking initiation of the probe

Banks' employees take part in a protest during a two-day nationwide bank strike in Amritsar on March 15, 2021. (Narinder NANU / AFP)

Nationwide bank strike continues to impact PSB services on Day 2

Government transactions related to treasury as well as business transactions will also be impacted