India is looking to achieve what Tesla has done at its Gigafactory in Nevada, US (Photo: Reuters)
In rupee terms, gold prices touched a record high of  ₹37,799/10gm last week (Photo: Bloomberg)
In rupee terms, gold prices touched a record high of 37,799/10gm last week (Photo: Bloomberg)

Traders flock to gold as fears of recession in the US loom large

  • The World Gold Council’s outlook report showed that central banks bought 224.4 tonnes of gold in Q2 of 2019
  • In its latest survey of fund managers, BofAML points out that the proportion of fund managers expecting a global recession in the next 12 months was at its highest since 2011

Rajiv Kumar, vice chairman of NITI Aayog (Photo: Ramesh Pathania/Mint)
Rajiv Kumar, vice chairman of NITI Aayog (Photo: Ramesh Pathania/Mint)

NITI Aayog plans to review laws that hinder ease of living

  • The federal policy think tank will comb through all the laws in the country and make recommendations to the government, said NITI Aayog vice chairman Rajiv Kumar
  • As part of efforts to improve living standards, the Modi government had in its previous term sought to extend access to amenities

State Bank of India has an exposure of  ₹11,500 crore to auto dealers.  ( Aniruddha Chowhdury/Mint)
Delhi Chief Minister Arvind Kejriwal and his deputy Manish Sisodia during their visit to AIIMS, in New Delhi (Photo: PTI)
Delhi Chief Minister Arvind Kejriwal and his deputy Manish Sisodia during their visit to AIIMS, in New Delhi (Photo: PTI)

No improvement in Arun Jaitley’s health

  • Jaitley has been put on life support system and is under continuous monitoring by a team of doctors, said a source
  • Several leaders including Delhi CM Arvind Kejriwal, and Union ministers Smriti Irani and Ram Vilas Paswan visited him on Sunday

A file photo of Union defence Minister Rajnath Singh (Photo: PTI)
Long Reads
Prime Minister Narendra Modi addresses (Photo: PTI)

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 (Photo: Sunit Arora/Mint)
(Photo: Sunit Arora/Mint)

Why business has its back to the wall

  • Steps are needed to get businesses to invest, banks to lend, consumers to spend, and taxman to be circumspect
  • While the problem of mounting unserviceable debt has dragged on for several years, a slew of steps announced by Modi govt, ostensibly to clean up the system, further added to the uncertainty

Plain Facts
(From left) Derick Jose, Krishnan Raman and Srikanth Muralidhara are trying to flip the usual model where data scientists solve engineering problems. (Photo: Jithendra/Mint)
(From left) Derick Jose, Krishnan Raman and Srikanth Muralidhara are trying to flip the usual model where data scientists solve engineering problems. (Photo: Jithendra/Mint)

An AI startup keeps mega-machines at peak performance

  • Bengaluru-based Flutura’s AI product helps global giants like Shell and Henkel move into the age of Industry 4.0
  • Flutura is also building a separate product to enable engineers to apply AI without being experts in data science

Security personnel at a temporary checkpoint in Srinagar on Sunday. AP
Alfred Hitchcock
Alfred Hitchcock

Opinion | The audience as a piano: the strange case of Alfred Hitchcock

In memory of the most famous director in cinema history on his 120th birth anniversary

Prime Minister Narendra Modi at the Royal University of Bhutan, in Thimphu on Sunday.pti
Prime Minister Narendra Modi at the Royal University of Bhutan, in Thimphu on Sunday.pti

PM lists space, education as new areas of cooperation with Bhutan

  • The Prime Minister invited more students to visit India for studies in traditional areas such as Buddhism
  • One of the key outcomes of the visit was Modi and Bhutanese prime minister Lotay Tshering inaugurating the 720 megawatts Mangdechhu hydel power project on Saturday

At AMU, Kashmiri students are the largest students’ community after those from Uttar Pradesh and Bihar. ht
At AMU, Kashmiri students are the largest students’ community after those from Uttar Pradesh and Bihar. ht

Universities reach out to Kashmiri students to bridge trust deficit

  • University professors are organizing group lunches, holding counselling sessions for Kashmiri students
  • As the trust deficit widens between Kashmir and heartland India, several universities are making an extra effort to reach out to Kashmir students

Bhupinder Singh Hooda addressing 'Parivartan Maha rally' in Rohtak (Photo: ANI)
Afghan men hug each other as they mourn during the funeral of their relatives after a wedding suicide bomb blast in Kabul (Photo: Reuters)
Afghan men hug each other as they mourn during the funeral of their relatives after a wedding suicide bomb blast in Kabul (Photo: Reuters)

IS claims Afghanistan wedding suicide blast that killed 63 people

  • The attack came as the Taliban, the US are trying to negotiate an agreement on the withdrawal of US forces in exchange for a Taliban commitment on security, peace talks with the Afghanistan govt
  • Taliban denied responsibility for the blast at a west Kabul wedding hall

 (Photo: AP)
Former US president Barack Obama (Photo: Reuters)
Former US president Barack Obama (Photo: Reuters)

Opinion | The beautiful loneliness of not believing in heroes

People who do not believe in heroes search harder for the meaning of an action that is heroic

It is also important to evaluate the demand for the project; stay away if the demand or sales are low. (Photo: iStock)
 (Photo: iStock)
Pakistan Prime Minister Imran Khan. (Reuters )
A view of the Yamuna river as the water level rises after the water gets released from Hathni Kund Barrage, in New Delhi (Photo: ANI)
A view of the Yamuna river as the water level rises after the water gets released from Hathni Kund Barrage, in New Delhi (Photo: ANI)

Flood alert for Delhi as Yamuna nears warning level

  • Yamuna was flowing at 203.37 metres on Sunday evening and its water level is expected to rise further on Monday
  • Delhi govt said preparations are being made to erect tents in nearby areas to accommodate the people living in the low-lying areas

Photo: AFP
Hyundai cars ready for shipment are parked at a port in Chennai.  (Reuters)
Hyundai cars ready for shipment are parked at a port in Chennai. (Reuters)

Hyundai announces 'No Production Days' to suit market conditions

  • The production downtime as and when they occur has been in line with the operational plans
  • Transmission-1 department was under no production day on August 10 in all its three shifts while transmission-2 on August 10 and 12

Security personnel stand guard at a check point during restrictions, after Centre abrogated Article 370, in Srinagar, Sunday. (PTI)
Security personnel stand guard at a check point during restrictions, after Centre abrogated Article 370, in Srinagar, Sunday. (PTI)

J&K: Curbs reimposed on movement, phones in Srinagar

  • In the past 24 hours, there has been a series of protests against New Delhi's August 5 revocation of Jammu and Kashmir’s special status
  • At least two dozen people were admitted to hospitals with pellet injuries after violent clashes broke out in Srinagar on Saturday night

In July, FPIs had withdrawn a net sum of  ₹2,985.88 crore from the Indian capital markets (both equity and debt) (Bloomberg)
In July, FPIs had withdrawn a net sum of 2,985.88 crore from the Indian capital markets (both equity and debt) (Bloomberg)

FPIs pull out 8,319 crore in August amid persisting negative sentiment

  • According to the depository data, FPIs sold equities worth 10,416.25 crore on a net basis during 1-16 August.
  • FPIs, however, invested a net 2,096.38 crore in the debt securities during the period

The voices of concern have grown louder in recent weeks after Cafe Coffee Day founder V.G. Siddhartha committed suicide and, in a purported note, alleged harassment by an income tax official (Mint)
The voices of concern have grown louder in recent weeks after Cafe Coffee Day founder V.G. Siddhartha committed suicide and, in a purported note, alleged harassment by an income tax official (Mint)

Income Tax Department to adopt 'taxpayer friendly' approach

  • Earlier, Sitharaman asked the tax dept to bridge the communcation gap between tax officials, assessees and sought a change in mindset amid allegations of 'tax terrorism'
  • CBDT introduces a computer-generated document identification Number, which will be be quoted in any notice issued by its officials

Chairman of State Bank of India Rajnish Kumar.  (ANI )
Anti-extradition bill protesters march to demand democracy and political reforms, in Hong Kong on Sunday. (Reuters)
Anti-extradition bill protesters march to demand democracy and political reforms, in Hong Kong on Sunday. (Reuters)

While braving rain, Hong Kong protesters flood city streets in ‘peaceful’ march

  • Tens of thousands of protesters carrying umbrellas poured across the heart of Hong Kong island despite torrential rain, closing key roads
  • Sunday's rally was convened as a ‘non-violent’ demonstration, according to organisers the Civil Human Rights Front

FILE - The ministry is also learnt to have sought a legal opinion over the issue. (AP Photo/Steven Senne)
FILE - The ministry is also learnt to have sought a legal opinion over the issue. (AP Photo/Steven Senne)

Govt mulling options to enforce ban on e-cigarettes, nicotine flavoured hookahs

  • Banning such alternative smoking devices like e-cigarettes among others is one of the priorities of the Health Ministry as part of the first 100 days agenda of the second term of the Modi government
  • The ministry is also learnt to have sought a legal opinion over the issue

 (Photo: Bloomberg)
(Photo: Bloomberg)

Auto industry bets big on scrappage policy

  • Automobile industry's representatives have sought an 'End of Life' policy from the Central government as a measure to arrest falling sales
  • The policy, if implemented, is expected to encourage customers to go in for new purchases which will be backed-up by incentives in lieu of their old vehicles

Prestige chief executive Venkat K. Narayana.
GIP is looking to sell its roads platform Highway Concessions One and is in exclusive talks with CDPQ.
Impact of the ongoing slowdown would multiply if there are no signs of a revival during the upcoming festival season, says Pawan Goenka. (Mint)
GIP is looking to sell its roads platform Highway Concessions One and is in exclusive talks with CDPQ. (Aniruddha Chowdhury/Mint)
GIP is looking to sell its roads platform Highway Concessions One and is in exclusive talks with CDPQ. (Aniruddha Chowdhury/Mint)

Deals in roads sector gather pace as foreign investors buy up assets

  • About 1.4 trillion is estimated to be invested by the private sector between 2018-22 to build new road assets
  • In July, IndInfravit Trust said it is acquiring nine operational road assets from Sadbhav Infrastructure Project Ltd for 6,610 crore

The first half of last year saw secondaries raising capital worth almost $14 billion across 23 funds. (Hemant Mishra/Mint )
India captain Virat Kohli raises his bats to celebrate reaching a century during the third One-Day International cricket match.  (AP )
India captain Virat Kohli raises his bats to celebrate reaching a century during the third One-Day International cricket match. (AP )

Feroz Shah Kotla to have Virat Kohli stand soon: DDCA

  • Virender Sehwag and Anjum Chopra are the other Delhi players who have gates named after them
  • Virat Kohli will be the youngest active cricketer to be bestowed with the honour of a stand being named after him

 New Delhi: Home Minister Amit Shah delivers a special address on 'Abolition of Triple Talaq: Correcting a Historical Wrong'. ((PTI Photo/Vijay Verma))
New Delhi: Home Minister Amit Shah delivers a special address on 'Abolition of Triple Talaq: Correcting a Historical Wrong'. ((PTI Photo/Vijay Verma))

Politics of appeasement was reason for continuance of triple talaq: Amit Shah

  • Shah defended the law criminalising triple talaq, asserting that it establishes gender equality
  • It was a "nightmare" for crores of Muslim women who were denied of their rights, Shah said

Ratul Puri
The TPG-Manipal combine started exploratory talks with the owners of Medanta in October to buy a majority stake in the hospital chain. (Pradeep Gaur/Mint )
The TPG-Manipal combine started exploratory talks with the owners of Medanta in October to buy a majority stake in the hospital chain. (Pradeep Gaur/Mint )

Manipal’s dream of a pan-India footprint comes to a halt as Medanta talks fail

  • The Manipal Group was looking to acquire Medanta, which runs hospitals in Gurugram, Patna and Indore
  • Manipal owns 10 multi-speciality hospitals, five teaching hospitals and several fertility clinics

What to expect from the OnePlus TV

  • While OnePlus hasn't given out many details about the TV yet, submission to Bluetooth SIG shows that the company will be selling the TV in 43, 55, 65 and 75 inch variants
  • It is likely that OnePlus' television will run on a version of Android, but what remains to be seen is whether it will have a ‘fork’ of the Android mobile OS or it will run on the AndroidTV platform

BJP MP from Ladakh Jamyang Tsering Namgyal.  (PTI )
Google Map's portrayal of a region in Beijing, China. Notice how the streets and satellite imagery doesn't quite line up. Photo: Google Maps
Google Map's portrayal of a region in Beijing, China. Notice how the streets and satellite imagery doesn't quite line up. Photo: Google Maps

Huawei building its own mapping tech, but can it beat Google Maps?

  • Cracking mapping services is no easy task, and Google is perhaps the only company who has got it down, with Maps
  • Ironically, Huawei has partnered with an American travel aggregator website Booking Holdings for the service

Karnataka chief minister BS Yediyurappa during the Independence Day celebrations, in Bengaluru on Thursday (PTI)
Karnataka chief minister BS Yediyurappa during the Independence Day celebrations, in Bengaluru on Thursday (PTI)

Cabinet expansion first of many challenges for BJP in Karnataka

  • 'I think about 13-14 people will be inducted,' Yediurappa said on Sunday in Bengaluru
  • The limited expansion would help the party fulfill its ‘assurances’ made to the 17 disqualified legislators with whose help the BJP was able to topple the H.D.Kumaraswamy-led coalition

 (Photo: Bloomberg)
(Photo: Bloomberg)

India's holding of US govt securities jumps to $162.7 billion

  • Among the major foreign holders of the US Treasury securities, India was at the 13th position with holding to the tune of $162.7 billion
  • Japan was the largest holder, with holdings of American govt securities worth $1.122 trillion, followed by Mainland China whose exposure stood at $1.112 trillion

Statue of Unity portraying Sardar Vallabhbhai Patel.  (Reuters )
UCO Bank  (Mint )
The line itself was born out of an emergency during the Great Indian Famine of 1876-1878. (HT)
The line itself was born out of an emergency during the Great Indian Famine of 1876-1878. (HT)

Last narrow gauge line in Central India to chug into history

  • Presently, there are 15 major stations en route including Itwari, Bhandwadi, Umred, Bhiwapur, Kanatempa, Bamhani, Mangli, and Kuhi
  • Bollywood contributed a lot to popularise the romance of the narrow gauge trains, featuring them in several memorable film songs