Govt waives 11% duty on cotton imports for 40 days
India Business News: To combat rising input costs for textile mills, the government has temporarily eliminated customs duties on raw cotton imports for a 40-day period, ef Source
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IDF Strike Kills Al Jazeera’s Anas Al Sharif & 4
Al Jazeera journalist Anas al-Sharif has been killed alongside four colleagues in an Israeli attack on a tent in Gaza CitySeven people were killed overall in the attack on the tent located outside Gaza City’s al-Shifa Hospital on Aug 10 n18oc_world n18oc_crux Source
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Why SIP discipline may matter more than frequency
SIP frequency may offer some flexibility, but it’s the clarity of purpose and long-term commitment that determine investment success. Source
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Reconsider referring to Digha temple as Jagannath Dham, Odisha CM
In a letter to Banerjee, Majhi said using the term for any other temple or location other than the 12th-century Jagannath Temple in Puri hurts the sentiments of millions of devotees. Source
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Rupee declines 11 paise to 87
Rupee weakens against dollar due to increased demand, but gains support from FII inflows and lower oil prices. Source
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NSDL IPO GMP Falls Ahead Of Listing Tomorrow; Check Details
The grey market premium (GMP) of National Securities Depository Ltd (NSDL) has slightly fallen to 15.5% today, August 5, compared with 15.75% yesterday. Source
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IKEA to focus on increased sourcing in 2nd growth wave
India News: ALMHULT: After putting in over Rs 10,500 crore since 2018 in India, Swedish furniture retailer IKEA is planning a “second wave” of growth in India, fo. Source
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These flexi cap mutual funds have outperformed benchmarks in 5
According to data compiled from the Association of Mutual Funds in India (AMFI) as of July 22, a few flexi cap schemes have delivered 5-year returns that are higher than their respective benchmark indices. Source
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EPFO raises auto-settlement limit for advance claims to ₹5 lakh
EPFO members can now automatically claim up to ₹5 lakh from their provident fund accounts, after the regulator raised the auto-settlement limit to speed up access for urgent needs. Source
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Centre to fast-track 4 hydro projects in Kishtwar, including dam
The projects—Pakal Dul (1,000 MW), Ratle (850 MW), Kiru (624 MW), and Kwar (540 MW)—are all located in Jammu and Kashmir’s Kishtwar. With the exception of Pakal Dul, which is being developed as the state’s first water storage project, the others will have limited capacity. Source
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