Arun Jaitley's last rites on Sunday

• The cremation will take place on Sunday at New Delhi's Nigambodh Ghat
• The former union minister passed away at the All India Institute of Medical Sciences (AIIMS) after a prolonged illness

BJP bulwark Arun Jaitley dead

• Jaitley, 66, was undergoing treatment at AIIMS
• He was hospitalised on August 9 after he complained of breathlessness

Arun Jaitley: BJP's man for all seasons

• Arun Jaitley formally entered national politics in 1991
• The former finance minister had played a crucial role in Narendra Modi becoming the prime ministerial candidate before the 2014 general elections

What changed for businesses, people during Arun Jaitley’s watch

• In rolling out GST in July 2017, Jaitley had to show strong resolve in the face of protests and fears voiced by several state governments
• NDA will sorely miss one of its most articulate stalwarts

Rajnath, Kejriwal, Amit Shah, other leaders pay tributes to Arun Jaitley

• Former Union finance minister Arun Jaitley dies at 66; breathes his last at Delhi’s AIIMS on Saturday afternoon
• The veteran leader was one of the most articulate defenders of the BJP

Opinion | Jaitley’s legacy as a reformer

On the economy, despite a few pragmatic shifts made after 2016, Jaitley was broadly a market reformer. His reformist legacy should stand India in good stead

IndiGo seeks reappointment of board chairman Damodaran for five years at AGM

• Damodaran, now 72, will be 75 years old during his tenure as an independent director
• Former bureaucrat was appointed as the chairman of the airline's board of directors in 2018

'Irreparable loss to the nation': Political leaders pay tribute to Arun Jaitley

• Prime minister Narendra Modi said he has lost a valued friend, whom he had known for decades
• Vice President M Venkaiah Naidu said he was deeply shocked to learn about the demise of Jaitley

Donald Trump adds 5% tariff on Chinese goods as US-China trade war escalates

• Trump said existing 25% tariffs on some $250 billion in imports from China would rise to 30% from October 1
• Trump's move came shortly before ahead of Group of Seven summit in France

China hits out at 'bullying' US over new tariffs

• US President Donald Trump on Friday increased existing and planned tariffs on a total of $550 billion in Chinese goods
• Earlier in the day, Beijing had announced levy hikes on $75 billion of US imports

D-Street dilemma: Cheer FPI surcharge removal or worry about US-China trade war?

• Key benchmark indices the Nifty and the Sensex shed nearly 2% during the week
• For investors in Indian equities, the highlight of the week was FM Nirmala Sitharaman announcing measures to boost liquidity

Final verdict of 14-year-old legal battle with govt may strain telcos further

• The battle is between the country’s mobile operators and the department of telecommunications
• The battle started when telcos migrated to new system offered by the government in 1999

FPIs' super rich tax relief applies to income from derivatives too

• The treatment of derivatives is different compared to how they are treated in the case of other investors, said finance ministry
• This additional relief for FPIs is part of government's efforts to boost investor sentiment

The Lounge list of 25 'good for you' brands

Lounge picks 25 tried and tested brands launched in the last five years that focus on healthy and mindful consumption and are good for you and the planet

PMO's suggestion to NHAI: Stop building roads, sell assets through an InvIT

• 'Road infrastructure has become financially unviable,' PMO wrote in a letter to National Highways Authority of India
• To solve the crisis, the PMO has suggested that NHAI aggressively monetise its existing assets

NDA's course correction: Sitharaman announces multiple changes to boost growth

• Finance minister Nirmala Sitharaman presents Budget Lite in 57 minutes
• The intent clearly is not only to revive economic momentum, but also address the growing sense of gloom and doom

IndiGo's board approves new related party transaction policy: Gangwal

• The board also agreed to increase the board size to ten directors
• 'In light of this positive and important development, I'll be supporting the proposed changes to the Articles on 27 August AGM,' stated Gangwal

Cheer for the startup sector as FM relaxes angel tax rules

• Angel tax has been seen as an unfair tax burden that has an adverse effect on startups and their financial backers
• However, some are waiting for clarity on what this move means for those startups that are not registered with the commerce ministry

Delegation of Opposition leaders sent back from Srinagar

• The delegation of Opposition leaders from eight parties included senior Congress leaders Rahul Gandhi and Ghulam Nabi Azad, CPI general secretary D Raja, Manoj Jha, among others
• They criticised the government for hiding the truth and alleged that the Centre was lying about the security situation

G7 summit: Macron, Tusk sound alarm over trade war risks

• Trade wars will lead to recession, while trade deals will boost the economy: EU Council president Donald Tusk
• We have to stabilise things and avoid this trade war that is taking place all over: French President Emmanuel Macron

Global disputes set to jolt G7 summit in French resort

• Summit coincides with escalating US-China trade war; disputes on trade, climate set to dominate meet
• EU's Tusk warns of lack of global unity; UK PM has to balance ties with US and EU as Brexit looms

Tariffs on US goods may top agenda at Donald Trump-Narendra Modi meet

• Proposal on WTO reforms also likely to figure in Sunday meeting between the two leaders
• G7 leaders will hold a special meeting on Sunday at Biarritz on global economy and US’s trade initiative

Trump ‘orders’ US companies to close China operations in latest salvo

• 'Our great American companies are hereby ordered to immediately start looking for an alternative to China,' Trump tweeted
• Trump’s comments came on a day Beijing announced $75 billion of new tariffs on US goods, including soybeans, cars and oil

What is a Case Diary and why it matters

• A case diary is important to record the investigation carried out by an Investigating Officer
• Case diary is a mean to assist the court in the inquiry or trial of a case but cannot be used as hard core evidence

Oyo buys Las Vegas Hooters Hotel in its first US purchase

• Founded in 2013, OYO Hotels & Homes is the world’s third-largest chain of hotels, homes, managed living and workspaces
• Valued at about $10 billion, Oyo now caters to an increasing number of corporate travellers

Arun Jaitley dies at 66: A timeline

• Former finance minister breathed his last at Delhi’s All India Institute of Medical Sciences on Saturday afternoon
• Jaitley was admitted to AIIMS on August 9, after he complained of uneasiness

Of butterflies, cranes, macaques and India’s hydropower conundrum

• India is looking to add hydro capacities of about 45 GW to the renewable energy basket of existing 80 GW
• With the average number of extreme weather events per year in each decade seeing a sharp spike, concerns remain

Deeply anguished by Jaitley's demise: Leaders pay tribute to ex-finance minister

• 'It is with profound grief that we inform about the sad demise of Arun Jaitley,' AIIMS said in a statement
• Jaitley spearheaded India’s indirect tax reforms and the introduction of a modern bankruptcy code as finance minister

How to buy insurance policy online

• If you are planning to buy a home insurance cover you need to check the premium and the coverage
• You also need to evaluate the claim settlement ratio and inclusions such as fire, earthquake and burglary

Buying a Ulip? Look beyond returns

• You should check your corpus, financial goal and risk appetite before investing in Ulips, as they are meant for long-term investment
• Assessing your own financial health becomes essential because insurers charge you for withdrawing your plan before the five year lock-in period

Gold discounts in India narrow but stretch to 12th week

• Gold price in India includes a 12.5% import tax and 3% GST
• Record high prices have hurt demand in India

Move to clear dues a boost for infrastructure

• Separate financial institution for credit enhancement for infra, housing projects is also on the cards
• The finance minister also reiterated the government’s five-year commitment of investing ₹100 trillion for infrastructure

‘Mission Mangal’ and ‘Batla House’ hold strong as new releases remain dull

• ‘Mission Mangal’ has already emerged as the third biggest hit of the year so far after 'Kabir Singh' and 'Uri: The Surgical Strike'
• 'Batla House' continues to bring in good numbers from the Delhi NCR region

DGCA issues fresh guidelines to improve working conditions

• The watchdog has asked aircraft maintenance organisations (AMOs) to frame policy to address duty time limitation for AMP
• The advisory also comes against the backdrop of a recent incident at Kolkata airport where a SpiceJet technician

Why constructing canals is not the solution to floods in Punjab?

• The state has received normal rain this monsoon season so far
• With extreme rainfall events on the rise, the disaster potential for flooding in major rivers has only increased

How to prepare for a financial emergency

• In case of a job loss or pay cut or any kind of unforeseen circumstances that affect your income, the emergency fund acts as a back up to your expenses
• Irrespective of the condition of the economy, and even before you start saving and investing, you need to have a health insurance policy

ED raids 12 locations of former Jet Airways chairman Naresh Goyal

• The raids were conducted in Delhi and Mumbai
• The searches were carried out in connection with a FEMA case

How to claim and track income tax refund

• The only way to get an income tax refund is to file your income tax returns (ITR)
• It is important to keep an eye on processing of ITR and refund claim status

Higher surcharge on gains from equity withdrawn for foreign, domestic investors

• FPIS withdrew over $3 billion from Indian stock markets in July and August
• No angel tax on startups registered with DPIIT

India to achieve most of COP 21 climate change goals in next 18 months: Modi

• In his address to the Indian community at the UNESCO headquarters here, Modi said there was a lot of talk about dangers of climate change but action was not evident
• He said it was India and France that took the decisive step of forming the International Solar Alliance

How to safeguard your finances in an economic slowdown

• Any form of economic slowdown has a direct and indirect impact on your personal finances too
• You cannot control the economic environment or your income flow, but you can control your expenses to a certain extent

Why you should not stop your mutual fund SIP

• Financial planners suggest continuing with your investments
• Your mutual fund SIP investments should continue as you are getting more units for the same money

IndiGo, GoAir likely to get A320 neo planes fitted with new P&W engines

• P&W engine-powered A320 neo planes in the two airline's fleet have been facing glitches both mid-air and on-ground
• The two budget carriers have been facing glitches in P&W engines powering many of their A320 planes

Opinion | Super-rich tax on FPIs axed

The depth of unease among FPIs over the enhanced surcharge could be gauged from the fact that about ₹23,000 crore was pulled out from Indian financial markets in July and August

Reliance Mutual Fund introduces side pocketing in its debt and hybrid schemes

• The schemes in which a side pocketing provision has been introduced are 17 in number
• Side pocketing is the creation of segregated portfolios in lieu of bad debt when there is a downgrade in paper held by a scheme below investment grade or when there is a default

Jet Airways founder Naresh Goyal not cooperating in probe: Centre to Delhi HC

• The hearing took place amidst the news that the Enforcement Directorate (ED) conducted searches at the premises of Naresh Goyal
• Denying him permission to fly aborad, the court had sought the Centre's reply to his plea