Wary of inflation, but there is further space for rate cuts: RBI’s Das

• At 13th Mint Annual Banking Conclave in Mumbai, the RBI governor criticized the practice of loan waivers by saying that any kind of generalized loan waiver is credit negative
• 'I would like to say that perhaps the RBI was among the early ones that noticed that the growth momentum was slowing down,' said Das

Trump’s maiden visit heralds a new dawn for India-US relations

• Trump pitches to widen scope of relations; Modi says this marks a new chapter for two nations
• The visit comes against the backdrop of India seeking to bolster its strategic partnership with the US

What India can learn from EU’s data dreams

Europe has unveiled a startup-fuelled plan to take on US and Chinese dominance in data. India must tune in

Pandemic fears grip Wall Street: Dow Jones plunges more than 800 points

• Rate-sensitive bank stocks, high-growth tech shares slide
• Wall Street's fear gauge surges to six-month high; health insurers fall after Bernie Sanders' Nevada victory

India’s rise as a prosperous democratic nation inspiring, says Trump

• Trump urged the government to begin a peace process with Pakistan, a country seen as vital to the US
• 'US and India are firmly united in our ironclad resolve to defend our citizens from the threat of radical Islamic terrorism,' said Trump in Ahmedabad

Nadella pins hopes on Jio partnership to help propel India forward

• Microsoft-Jio pact will define new decade, says RIL chief Mukesh Ambani
• In August 2019, Reliance Industries announced a 10-year technology partnership with Microsoft for its subsidiary Reliance Jio Infocomm, including for cloud-based solutions

Harvey Weinstein found guilty in landmark #MeToo moment

• Harvey Weinstein was found guilty of criminal sex act for assaulting production assistant Mimi Haleyi at his apartment in 2006 and third-degree rape of a woman in 2013
• The jury of seven men and five women took five days to find him guilty

Banks must prepare themselves against impact of coronavirus: RBI governor

• Das says a slowing global growth would add to the stress on the Indian corporate balancesheet and thereby on banks
• RBI governor also says slowing domestic credit growth is another challenge and banks should therefore focus on credit off-take

Cash burn due to weak execution, high working capital singes BHEL investors

• Execution is not expected to pick up in the near term. Working capital levels are likely to remain elevated
• The biggest concern for investors is BHEL’s negative operating cash flows

Warren Buffett calls coronavirus outbreak 'scary stuff'

• Warren Buffett said Berkshire over the long term is unlikely to be in the top 15% or bottom 30% of stocks, but will outperform in down markets
• Warren Buffett, however, said long-term investors should not get caught up in daily headlines

Pandemic fears roil markets as coronavirus now spreads in Italy, Iran

• The benchmark BSE Sensex posted its sharpest drop since a 2.42% decline on 1 February
• Equity investors became poorer by ₹3.17 trillion as total market value of BSE-listed firms declined to ₹155.33 trillion from ₹158.51 trillion as of 20 February

Clashes over citizenship law claim 2 lives in capital amid Trump’s visit

• North-east Delhi has been put under lockdown ahead of President Trump’s arrival in the national capital
• Shops and vehicles were set ablaze as pro- and anti-CAA protesters pelted stones at each other

China virus outbreak threatens to hit transition to BS-VI norms

• 2-wheeler, diesel vehicle makers may face supply issues as BS-VI engine parts are imported from China
• Many auto firms are now searching for alternative sources for BS-VI components

TVS Motor cuts production in Feb due to coronavirus outbreak

• TVS says the supply chain disruption in China due to the coronavirus outbreak will lead to 10% drop in production of BS-VI vehicles
• The company also exploring suppliers in other regions and are looking to localise within India

HUL to set up new manufacturing arm, move to help co avail lower 15% tax

• HUL sells packaged goods including foods and refreshments, personal and beauty care products, and home care brands
• The new subsidiary will help HUL avail benefits of the lowered tax burden on manufacturers

Matter of great pride, says Delhi deputy CM on Melania Trump's school visit

• Delhi govt says CM Arvind Kejriwal and deputy CM Manish Sisodia would have loved to personally receive the US First Lady in the Delhi govt school
• Melania Trump is set to attend a happiness class which was started by the AAP govt in Delhi schools

Mumbai and Delhi stream more music than any other Indian city

• People in Mumbai spend more time listening to music, followed by Delhi, Bengaluru and Hyderabad
• About 13 million adults listened to an audio streaming app during the month, with an average person spending 65 minutes a day listening to music

Oil slides 4% on demand concerns as coronavirus spreads

• Coronavirus cases jump in South Korea, Italy and Iran
• China braces for big economic hit from virus, says Xi Jinping

CCI finds merit in Treebo’s complaint against MakeMyTrip, Oyo for further probe

• As per the complaint, Treebo and its partner hotels are being excluded from listing on MMT's platform through abrupt termination pursuant to the commercial arrangement between MMT and Oyo
• It was alleged that MMT imposed 'price parity restriction' on Treebo partner hotels

US FCC chief Ajit Pai meets Trai chairman, telecom secretary

• Talks were held on a variety of spectrum issues including 5G
• Pai says India and the US must work closely and work towards improving spectrum efficiency

Roads leading to ITC Maurya fortified, hotel put under heavy security cover

• Delhi Police is also working in close coordination with civic bodies
• The entry and exit to the hotel is being strictly monitored by security agencies and it has not taken any bookings till Trump is in Delhi

New India welcomes Donald Trump in 2020: Mukesh Ambani

• Trump and family received a rousing welcome from an estimated 1.10 lakh people at the Motera stadium
• Ambani said that Motera stadium is a shining example of how India is progressing ahead

India’s trade deal with the US is just a matter of time

• Bilateral trade between the US and India has been increasing, with the US recently surpassing China to become India’s biggest trading partner
• Historically, India’s trade agreements have not given its exporters the kind of benefits that were expected

Coronavirus ‘peaked’ in China but could trigger global pandemic: WHO

WHO chief Ghebreyesus says the peak in China occurred between Jan 23 and Feb 2 and the number of new cases there has been declining steadily since then

A bit of gold can help reduce volatility

• Investment in gold versus equity can reduce your overall portfolio returns, but it also helps check volatility. Experts suggest 5-10% allocation to gold
• Gold has a low to negative correlation with equity, which makes it a good portfolio diversifier

Has Infosys stock finally moved past whistleblower allegations?

• Infosys is trading higher than its levels before whistleblower allegations hurt the stock
• While its valuation discount over TCS has narrowed, the stock still carries scars from the episode

Speed up AGR calculation, show proof: DoT to telcos

• Fresh demand comes even as proposals are being discussed to provide relief to sector
• As per govt, Voda Idea needs to pay ₹50,000 cr. The telco believes its dues are half that amount

Eye on November presidential polls, Trump reaches out to NRIs in America

• Gujarat is a special place. Nearly one in four Indian Americans trace their roots right here, said Trump
• Trump, who took oath as US president for the first time in 2017, is seeking re-election for a consecutive term in November

Infratel deal with Indus delayed for third time

• The completion of the deal will depend on how SC verdict on AGR dues impacts the industry, warned Bharti Infratel
• DoT’s go-ahead for FDI enhancement was key for the merger

SC adjourns hearing as Shaheen Bagh mediators file report

• Advocates Sanjay Hegde and Sadhana Ramachandran, tasked to convince protesters at Shaheen Bagh to change venue of their agitation, submitted their report in a sealed cover to the top court
• Hundreds of people have been on a sit-in demonstration along a stretch in Shaheen Bagh to protest against CAA for over 2 months

Millennials like to DIY, but are they investing right?

• DIY investors need to keep certain things in mind to avoid common money mistakes
• The first step is to understand your own investor profile. Start by setting goals along with the time frames