EPS elected as AIADMK's General Secretary; OPS expelled
The High Court had rejected a plea from AIADMK leader and former Co-ordinator O Panneerselvam to stay the conduct of the GM meeting at a marriage hall. Read more
India's retail inflation likely held steady just above 7% in June: Report
The retail inflation in India likely held steady in June at 7% well above the Reserve Bank of India's tolerance limit for sixth month amid lower fuel and cooking oil prices offsetting higher services and food costs. Read more
Gold price today dips as soaring dollar put pressure on yellow metal's demand
Gold price today on Multi Commodity Exchange (MCX) dipped over ₹100 per 10 gm and hit ₹50,709 levels in early morning deals. However, spot gold price held its ground at $1,742.08 per ounce at 0221 GMT. Read more
SC defers disqualification of Shiv Sena MLAs from both factions
Amidst power tussle between Maharashtra Chief Minister Eknath Shinde and former Chief Minister Uddhav Thackeray camps, Supreme Court has asked the Maharashtra Assembly Speaker to defer disqualification of Shiv Sena MLAs from both the camps. Read more
Mint Morning Digest
₹8k cr roads may be moved to InvITs over next 6 months
The government plans to monetize an additional 500km of completed highway projects worth ₹8,000 crore through the infrastructure investment trust, or InvIT, route over the next six months. Read more
Hardening yields to hurt income growth of banks
Reeling under treasury losses due to hardening bond yields, banks are expected to report weaker profit growth in the three months to June, analysts said. Read more
Asia shares open cautiously as investors brace for US inflation data, earnings season
Asian shares started cautiously on Monday as investors braced for a U.S. inflation report that could force another super-sized hike in interest rates, and the start of an earnings season where profits could be under pressure. Read more
Hydrogen enters green power play
Round-the-clock power fuelled solely by renewable energy may be close at hand, with the Union government planning pilot projects to operate solar and wind power bundled with power from green hydrogen. Read more
Duty deferment scrapped for solar cos
The Central Board of Indirect Taxes and Customs (CBIC) has revoked the concessions it had granted under the bonded warehouse scheme—which had allowed solar developers to defer payment of the steep import duties on solar cells and modules that took effect on 1 April—in the wake of blatant abuse of the scheme. Read more
Heavy rainfall in Telangana, Gujarat, Karnataka; schools, colleges shut
As heavy rainfall lashes Telangana, the state's chief minister K Chandrashekhar Rao has declared a three-day holiday for educational institutions from today, July 11. Read more
