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| Here’s everything you need to know to start your day… |
| Tomato prices have shot to over Rs 90/kg in major cities across the country. In Delhi, the retail price shot to Rs 92 from Rs 26 three months back. There is no immediate relief in sight as disruption of supply chains due to rains and floods and less availability is likely to continue till August-end. Onion prices too are at a 19-month high at Rs 1300/quintal. Read |
What to choose – Liquid funds vs FDs
Choose to invest in liquid funds than have large sums of money idling in a SB account.
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| NSA Ajit Doval’s meeting with Chinese President Jinping did not yield any breakthrough to the Doklam standoff. But analysts said the cool off in the recent weeks may give leaders enough time to find a solution. The issue is becoming a domestic political problem for China’s leaders who need to deal with some hawkish Communist Party members demanding “push back” of Indian troops, sources said. |
| The Congress has flown at least 40 of its Gujarat MLAs to Bengaluru to prevent further defections. The panic response was triggered by the resignations of 6 party MLAs in the last couple of days. The MLAs who resigned on Friday are Chhanabhai Choudhary, Mansinh Chauhan and Ramsinh Parmar. Sources said they will be brought back to Gandhinagar on the eve of polling for Rajya Sabha seats on August 8. |
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| The Lok Sabha has passed the Indian Institutes of Management Bill, 2017. The prestigious business schools will now have more powers, including in the appointment of directors and faculty members, and be able to award degrees instead of postgraduate diplomas. The bill seeks to declare the IIMs institutes of national importance and abolish the post of ‘Visitor,’ currently held by the President. |
| Indrani Mukerjea killed daughter Sheena Bora with her own hands, her driver has revealed. Deposing for the first time, accused-turned-approver Shyamvar Rai said Indrani killed Sheena by strangulation. Rai’s deposition detailed the roles of Indrani and her former husband Sanjeev in the planning and execution of the murder and the subsequent disposal of Sheena’s body. |
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