Retail inflation falls in July, above RBI's upper band for 7th month & more

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ECONOMY   Retail inflation falls in July, above RBI's upper band for 7th month   Consumer price-based or retail inflation slipped in July to 6.71 per cent as against 7.01 per cent recorded in June, government data showed. However, the figure stayed above RBI's upper tolerance range of 6 per cent for the seventh straight month.

CORPORATE   We are facing an unprecedented economic crisis: Dabur Chairman Mohit Burman   Mohit Burman, who has taken charge as the non-executive chairman of the fast moving consumer goods major yesterday from his cousin Amit, highlighted on the need for close monitoring of fast changing landscape for businesses.

TRENDING   Bollywood in trouble? After string of flops, celebs' ad deals likely to suffer   As Bollywood struggles to release a hit film, it is the Southern stars who are signing top ad and brand endorsement deals, overtaking their counterparts from the world of Hindi cinema.

ECONOMY   18% GST on rent explained: Who all will pay tax after Govt's new rule on residential properties   Till now, the GST was applicable on those residential properties which were used for commercial purposes, like offices and shops. But for now on, the tax has to be paid on rent of property for any use.

AUTO   Mahindra celebrates 20 years of Scorpio brand, unveils 'Scorpio Classic'   The Scorpio Classic will be offered in two trims - Classic S and Classic S11 - and will continue to be sold alongside the All-New Scorpio-N which was launched in June this year. The prices of the Scorpio Classic would be announced on August 20, 2022.

CORPORATE   Dabur's Amit Burman: The man who built the family's foods biz   Instrumental in Burman family's foray into the processed foods business, over the years Amit Burman has donned many a hats - leading its expansion into restaurants chains to Dabur's international business.

TRENDING   Why there is a shortage of booze in the national capital   On July 31, Delhi liquor shops were selling alcohol under the buy 2 get 1 scheme. But come August 1, people were sent back empty handed after waiting in lines for hours outside liquor shops. What changed?

CORPORATE   Sony Pictures Networks India to shift Mumbai office to 100% renewable electricity   This green initiative will allow the organisation to save 2,500-2,700 tonnes of CO2 per year, which is equivalent to a 10 per cent reduction in the organisatio's overall carbon footprint in FY22-23, the company said.

MARKETS   Sensex rises 130 pts, Nifty closes shy of 17,700; metal, energy shares gain   The stock market ended higher on Friday, led by positive global cues. Of 30 Sensex stocks, 13 ended in the green. NTPC, Tata Steel and PowerGrid were the top Sensex gainers, rising up to 3.26 per cent.

BT TV   India Awaits The First Phase Of 5G Rollout   With 10 times faster connectivity, real time downloads in minutes, the next generation of telecom technology, 5G will bring about a communications revolution. The era of 5G is here in India. With the mega 5G spectrum auction ending, are you now wondering by when will you be able to avail the service?

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