Food inflation eases to nine-month low of 7.87% in June

• Retail inflation data, released after a two-month gap, stood at 6.09% for the month
• During the lockdown, prices were collected through telephonic call from the designated outlets in selected markets

Tech Mahindra facilitates return of 210 employees and family members from US

Amid pandemic, a special chartered flight from Dallas took off on Monday to bring back the employees and their family members and will land in Hyderabad on Tuesday

Two coronavirus vaccines given fast-track status by US

• These two experimental coronavirus vaccines have been developed by German biotech firm BioNTech and US pharmaceutical giant Pfizer
• The companies had released early data from the ongoing Phase 1/2 study on July 1

Sensex, Nifty end higher but continue to 'test the patience of traders'

• Reliance Industries ended at a record high
• IT stocks also provided support to the markets

Google plans to invest ₹75,000 crore in India to boost digital economy

The investment will be made through equity investments and tie-ups, marking its biggest commitment to a growth market.

Fourth round of India-China talks on de-escalation, disengagement on Tuesday

• Tensions between New Delhi and Beijing have been running high since 5 May, with violent clash between the troops of the countries claiming lives of 20 Indian soldiers

The unprecedented race for the covid-19 vaccine, in five charts

Unprecedented resources have been marshaled across the world in the race for a covid-19 vaccine, with the US and Germany pumping in most funds

FPO will meet growth requirement for two years, says Yes Bank

• Part of the ₹15,000 crore to be raised through the FPO will be used as buffer provisioning
• Yes Bank is also looking at hiving off its bad loans into a separate subsidiary

World's first Covid-19 vaccine? Russia successfully completes clinical trials

• The clinical trials of the world's first coronavirus vaccine on volunteers at Sechenov First Moscow State Medical University has been successfully completed
• 'The vaccine corresponds to the safety of those vaccines that are currently in the market,' said director of Russian medical school

DMart profit nearly vanishes in Q1; stock now trades at 140 times earnings

• Parent Avenue Supermarts was able to add two stores in the last quarter, taking the count to 216 as on 30 June. It has recovered about 80% or more of pre-covid sales in most stores where operations are allowed unhindered

RIL launches WhatsApp chatbot for all-important 15 July AGM

• In order to access the meet, one needs to send a 'Hi' from their WhatsApp number to the ChatBot WhatsApp number 79771 11111
• The ChatBot will act as a help desk to answer queries related to RIL AGM

Four-pointer evaluation scheme to pass percentage: 10 things about CBSE Results

• The board decided not to come up with a merit list in view of exceptional circumstances amid the coronavirus pandemic
• The Trivandrum region recorded the highest pass percentage at 97.67% whereas the lowest pass percentage was recorded at 74.57% in the Patna region

CA exams postponed to November 2020: ICAI tells Supreme Court

• ICAI decided not to hold the CA examinations this semester and postponed the same till November 2020
• The Apex court heard a petition filed by the President of India Wide Parents Association, to conduct the exams at a large number of centres and take precautions to prevent the spread of COVID-19

Jio gets ₹42,000 cr from KKR, Mubadala, others in fresh tranche of investment

• The latest tranche of payments comes after Jio said it had received ₹30,062.43 crore on Saturday from L Catterton, PIF, Silver Lake, and General Atlantic Singapore

Delhi's second plasma bank to be operational soon: Manish Sisodia

• While taking part in Tree plantation drive, Delhi's Health Minister said that second plasma bank is about to function in matter of few days
• There is stability in Delhi as far as total number of cases are concerned, said Sisodia

RBI payout may slump in disappointment for markets, fund says

The RBI will probably transfer as much as ₹60,000 crore for the year to June 30, sticking with estimates unlike last year when the payment was almost double the amount budgeted, the Quantum Advisors said

Gold prices today near record highs, silver rates surge

• Surging coronavirus cases around the world kept gold prices supported
• Gold is used as a safe investment during times of political and financial uncertainty

India seeks to limit Facebook, Google dominance over online data

The document named US giants Facebook, Amazon, Uber and Alphabet’s Google as the beneficiaries of first-mover advantages and network effects that have 'left many new entrants and start-ups being squeezed and faced with significant entry barriers'

Singapore deports 10 Indians, bars their re-entry for violating circuit breaker

• As Singapore enters into second phase of unlocking, it has deported 10 Indians for violation of lock-down rules in the city
• The 10 Indians, holding student or work passes, were caught having a social gathering at a rented apartment on May 5

Yes Bank FPO opens on July 15: Key things to know

• Yes Bank has been in news lately for the spurt in its NPAs and deterioration of its financial position
• The floor price has been set at ₹12, almost 50% lower than the market price

CBSE Class 12 exam results declared: How to view and download your marksheet

• Students can check their results online by entering their roll number and school centre number and admit card ID
• Students can view and download their marksheet online on digital platforms such as the DigiLocker and Umang application

Rossari Biotech IPO subscription off to brisk start: Key things to know

• The IPO of Rossari Biotech, a specialty chemicals manufacturing firm, will close on July 15th
• Investors can bid in lot sizes of 35 shares

CBSE 12th results 2020 announced on cbseresults.nic.in, no merit list this year

CBSE 12th result 2020: Result available at cbseresults.nic.in, cbse.nic.in and DigiLocker App

CBSE 12th Class Results: Students complain of website crash

CBSE 12th Class Results: All the websites assigned for the mandate were inaccessible until this story was published

Wipro has no plan to lay off employees at the moment: Rishad Premji

• However, Wipro continues to drive cost reductions through various 'operational means' to wade through the challenging times

Motilal Oswal Mutual Fund launches Motilal Oswal Multi Asset Fund

• The NFO of Motilal Oswal Multi Asset Fund will open for subscription on July 15 and close on July 27
• The scheme will invest 10-20% in gold ETFs

CBSE Class 12 board results 2020 announced at cbseresults.nic.in: Latest updates

• CBSE Class 12 board results 2020: Girls outshine boys, record 5.96% higher pass percentage than boys
• As per CBSE, the pass percentage has increased by 5.38%

COVID-19 medicine price reduced to ₹75 per tablet by Glenmark Pharma

Glenmark Pharmaceuticals had launched FabiFlu last month at a price of ₹103 per tablet

Biocon’s Itolizumab nod a positive, but may not add much to its fortunes

• Analysts point out that the drug is likely to be used for a limited number of patients, which could limit its potential
• Another drug in the immunomodulator stable is Tocilizumab, which could be preferred by physicians

Highest single-day rise in coronavirus cases in India, 18,850 get cured in a day

• The number of recovered cases exceeds active COVID-19 cases in India by 251861
• As on date, the recovery rate in India stands at 63%

PM Narendra Modi holds e-meet with Google CEO Sundar Pichai

• PM Modi and Google's Pichai discussed how technology can transform lives
• The prime minister also shared pictures of the virtual interaction

Reliance shares rise; market cap crosses ₹12 trln

• The stock has been on a rise since the oil-to-telecom conglomerate announced its plan to cut its net debt to zero by March 2021 and stake sales in its digital arm Jio Platforms

In last 7 days, UP and Rajasthan saw bigger surge than southern states

At the current pace of growth, India is likely to cross 1 million coronavirus cases in four days’ time

Atal Pension Yojana: You can now change contribution anytime

• PFRDA has asked banks to process requests for change in contribution amount anytime during the year
• Earlier, Atal Pension Yojana subscribers were allowed to make the change only once in April

Tata group mulls exit from JV with AirAsia as sector faces turbulence

• AirAsia’s Malaysian partner had approached Tata Sons to sell its 49%
• AirAsia India, which began operations in 2014, has been losing money despite being very conservative with its growth plans

CBSE results 2020: How to check Class 10, 12 results online

• CBSE results 2020: CBSE Class 12th board result has been declared on cbse.nic.in
• Students will be able to check CBSE Class 10, 12 results online on cbseresults.nic.in and mobile apps

COVID-19: Will AirAsia be the next airline to fold?

• AirAsia is at the moment exploring various means to inject cash into its ailing business
• Analysts say that a combination of funding options would probably be required