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Air India pilots point out to grounding of aircraft

Aditya Anand As Air India announced Independence Day discounts of up to 45% on both domestic and international travel on Monday, its pilots body the Indian

Jet hits lay-off mode, lets 11 go

Lalatendu Mishra Engineering staff including in Mumbai, Delhi asked to resign in move to cut costs

Solar cell safeguard duty put on hold

T.C.A. Sharad Raghavan Centre’s notification follows stay order

McDonald’s plans to serve rice in south, west India

Lalatendu Mishra ‘Consumers want more options in lunch and dinner meals’

Paresh Sukthankar

Post Sukthankar, HDFC Bank will not have a deputy managing director

Tata Steel profit more than doubled in the April-June period

Three new members join the board of India Cements Ltd.

Retail inflation fell to nine-month low of 4.17 per cent in July on account of slowdown in prices of vegetables and fruits, said government data released on Monday. File

Retail inflation slows to 9-month low at 4.17%

(Clock wise from top left): Roshini Nadar, Indu Jain, Sangita Jindal and Kiran Mazumdar. File photos

Smitha V. Crishna tops list of India’s wealthiest women

Special Correspondent Mumbai and New Delhi are the leading cities for India’s super-rich women, followed by Bengaluru.

Turkish Lira woes hit Indian markets, rupee hits record low

Special Correspondent The Turkish Lira is under pressure due to deterioration in relationship with the United States.

PVR to acquire SPI Cinemas

Sangeetha Kandavel ₹850 crore deal to help PVR reach goal of 1,000 screens by 2020, from 638 now

Opinion & Analysis

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Chief Economic Advisor Arvind Subramanian gestures during an interview in New Delhi on July 9, 2018.

Demonetisation “certainly did” contribute to deceleration in economy: Arvind Subramanian

T.C.A. Sharad Raghavan Outgoing Chief Economic Adviser bats bats fo lateral entry of talent into government.

Intention is to fly globally in a progressive manner, says Vistara CEO

Jagriti Chandra “To be a global airline you just don’t restrict yourself to domestic and regional,” says Leslie Thng.

‘We have to reinvent what we invented 132 years ago’

Peerzada Abrar More opportunities now to create solutions with technology that wasn’t available 10 years ago: Daimler AG’s Källenius

Markets

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Losing vigour: The accelerated depreciation of the rupee may continue till May 2019, says Bhaskar Panda V.Sudershan V. Sudershan

Rupee hits record low against US dollar

IANS Fears over a rise in global protectionist measures, along with a strong US economy, dragged the Indian rupee to a fresh intra—day low of over 70 against a US dollar during the pre-afternoon hours on Tuesday.Around 11.00 a.m., the rupee plunged to 70.08 to the US dollar. However, soon afterward the Reserve Bank of India (RBI) is said to have intervened in the open market to curb the rupee’s free fall.The intervention aided the rupee stabilise just a tad below 70 to a USD at 69.98 around 11.05

3hrs

A view of the BSE building in Mumbai.

Sensex rebounds 185 points on macro boost

PTI Gainers were Tata Steel, Axis Bank, ITC, ICICI Bank, HDFC, SBI, Yes Bank, Asian Paints, HUL, Bajaj Auto, Kotak Bank, HDFC Bank, Tata Motors and RIL, gaining up to 2.01 per cent.

5hrs

Economy

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Retail inflation fell to nine-month low of 4.17 per cent in July on account of slowdown in prices of vegetables and fruits, said government data released on Monday. File

Inflation slows to 9-month low of 4.17 p.c. in July

Special Correspondent As for year-on-year comparison, retail inflation had increased by 2.36 per cent in July last year.

Are foreign direct investments at an ebb?

Aarati Krishnan Debate rages, but a look at 5-year patterns shows there is little cause for concern. Focus on an 8% GDP growth is all that matters

Industry

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Rupee hits record low against US dollar

Rupee recovers from life low, up 23 paise

Sensex rebounds 185 points on macro boost

Jet hits lay-off mode, lets 11 go

GST sop likely ahead of polls in M.P., Rajasthan and Chattisgarh

Turkish lira drags rupee down

Retail inflation slows to 9-month low at 4.17%

‘Moderate food inflation to continue till MSP impact hits’

Centre tells Amazon to secure customer data via local storage

‘Unbridled migration of data sans consent causes concern’

Ramky Enviro plans expansion

Ramky Enviro Engineers, an environmental services and solutions provider, plans to invest ₹2,500 crore to expand after investment firm KKR agreed to

Post Sukthankar, HDFC Bank will not have a deputy managing director

Aditya Puri says Sukthankar was a contender for his successor, but adds resignation not linked to succession

Solar cell safeguard duty put on hold

Move follows Orissa HC’s stay order

Air India pilots point out to grounding of aircraft

As Air India announced Independence Day discounts of up to 45% on both domestic and international travel on Monday, its pilots body the Indian

HC adjourns UTI MF case to August 28

T Rowe Price mulls out-of-court pact

Tata Steel profit more than doubled in the April-June period

To put revised bid for Bhushan Power and Steel

McDonald’s plans to serve rice in south, west India

‘Consumers want more options in lunch and dinner meals’

Smitha V. Crishna tops list of India’s wealthiest women

Mumbai and New Delhi are the leading cities for India’s super-rich women, followed by Bengaluru.

Retail inflation slows to 9-month low at 4.17%

As for year-on-year comparison, retail inflation had increased by 2.36 per cent in July last year.

Three new members join the board of India Cements Ltd.

Three independent directors, Arun Datta, N.R.Krishnan and V.Manickam, are slated to retire on August 28.

Wheels India reports 38% rise in Q1 net

Wheels India Ltd. has reported a 38% rise in its net profit for the quarter ended June 2018 at ₹ 18.01crore as against ₹ 12.98 crore in the

How an academic essay about dinosaur-mania led to a global fascination, in and out of pop culture

In a famous essay from the 1980s, the great science writer, Stephen Jay Gould, came up with the punchline, the answer to the question that the essay

Turkey trouble pushes rupee toward 70

The Turkish Lira is under pressure due to deterioration in relationship with the United States.

Wars of the currency kind

Nations letting currency weaken can spur instability

Indra Nooyi — the willing mentor

Her agenda for ‘Performance with Purpose’ meant healthier products and better use of scarce natural resources

Where tourism helps sustain the farm

A resort in the middle of a farm is paying off for a U.S. returnee

‘SaaS market will see consolidation’

Customer acquisition cost is very high; it is a challenge to get funding, says Zoho chief

Are foreign direct investments at an ebb?

Debate rages, but a look at 5-year patterns shows there is little cause for concern. Focus on an 8% GDP growth is all that matters

UTI MF chief Puri not to seek extension

HC to hear foreign nvestor plea today

FICCI-IBA survey shows tightening of credit standards by banks

Insolvency and Bankruptcy Code has put recovery process on faster track

IHCL, Hayre in pact for Vivanta in London

Hotel to become operational in 2021

Commodity options see steady rise on bourses

Incentives for market makers, attractive lot sizes and hedging opportunities help bolster business

‘Flipkart deal: FDI violation may merit scrutiny, not in CCI ambit’

‘Unlikely to have appreciable adverse effect on competition’

PVR to acquire SPI Cinemas

₹850 crore deal to help PVR reach goal of 1,000 screens by 2020, from 638 now

Bring in ‘rule of origin’: Textiles body

The textile industry has welcomed the doubling of import duty on 328 textile items and urged the Centre to introduce the ‘rules of origin’ clause

Jet’s poor piloting exacerbates Indian airline turbulence

‘Goyal has to restore confidence fast’

Coal India net soars 61% to ₹3,786 cr.

Coal India Ltd. (CIL) has posted a 61% jump in consolidated net profit at ₹3,786.44 crore for the June quarter of FY 2018-19.The state-owned company

India ‘Doing Okay’ in philanthropy

Hong Kong, Korea, Malaysia, Sri Lanka, Thailand Vietnam ‘doing better’: survey

Tea sector suffers ₹40 crore loss on workers’ agitation

Industry relieved as stir ‘partial’ in most tea growing regions

Tata Motors Group’s wholesales take a hit

July sales slide 5% on JLR’s poor show

‘Mumbai Metro, Pune among realty investment hotspots’

Mumbai region saw highest new projects, sales in 2018: study

Italy’s Benelli to roll out 12 bikes in India by 2019

Firm to kick-start operations at Hyderabad facility from Oct.

States urged to sell surplus wind energy

‘Consider spot selling of excess power’

‘High-risk, high-growth’ is out of favour: Shilpa Kumar

There is activity in the economy, which will translate into earnings, says the head of ICICI Securities

India Cements Q1 net profit slides 20.5% on lower realisation

Tighter operations aid cost cutting; prices may rise next year, says vice chairman

Turkish currency’s freefall rocks world markets, euro

Lira’s worst drop since 2001 hits global stocks, emerging markets; yen, bonds gain

Tariffs, sanctions turmoil may overshadow EU data

The ECB has said that risks to global growth are growing

Tinder parent Match gives Facebook a dating lesson

Since listing in 2015, Match shares have almost quadrupled

Samsung eyes young buyers with gaming, music-friendly Galaxy Note 9

Device is the first Android phone to support Fortnite, a hugely popular video-and-smartphone survival game; also features a Bluetooth-enabled stylus that can serve as a remote

Gold glitters on jewellers’ buying, silver tops ₹39,000-mark

Gold prices rebounded by ₹180 to ₹30,700 per 10 grams at the bullion market on Saturday on emergence of brisk buying by local jewellers even as the

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