Rupee rises 12 paise to 85
Rupee strengthens against US dollar amid global oil price drop and India-US trade talks, despite FII outflows. Source
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India-EFTA trade deal to take effect from October 1, Piyush
India Business News: The India-EFTA Trade and Economic Partnership Agreement, signed on March 10, is set to take effect on October 1. EFTA nations pledge to invest $100 bi Source
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Indian Overseas Bank cuts MCLR by 10 basis points across
The revision follows the bank’s earlier move to cut its Repo Linked Lending Rate (RLLR) by 50 basis points from 8.85% to 8.35%, effective June 12. Source
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NPCI shares 5 key tips to promote safe digital payment
Following basic safety steps can reduce the risk of fraud and enhance your digital payment experience, NPCI said in a statement. Source
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Where Did Pakistan Get Its JF17s And F16s From? How
India neutralised Pakistan’s missile and drone attacks on military stations in Jammu, Punjab, and Rajasthan, raising questions about Pakistan’s JF-17 and F-16 jets. Source
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India warns Pakistan over ceasefire violations along LoC
According to defence sources cited by The Hindu, India issued a stern warning to Pakistan, calling out the “unprovoked” actions by the Pakistan Army and urging adherence to the ceasefire agreement. Source
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‘We’re The League Of Farmers, Eh?’: Luis Enrique Shushes PSG
Enrique also dispelled all talk of Arsenal being the ‘better team’, emphasising the outcome, while still giving the Gunners their flowers for the contest. Source
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Marathi is the language of Mumbai and Maharashtra, asserts CM
Fadnavis said, “The Marathi language is a part of the culture and identity of the state, and it should be the duty of every citizen to learn it. The Marathi language will be respected and preserved in Maharashtra, and it is an integral part of our cultural heritage.” Source
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Trump administration scales back white-collar law enforcement; Adani, Cognizant likely
Sources in the know said the new policy is likely to provide relief to Azure Power – which had a contract (a build, operate and transfer deal) with an Adani Group firm for a solar project – and, by extension, the Adani Group Source
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Inflows into equity mutual funds drop 9% to Rs 37,113
The contribution of systematic investment plans (SIP) touched an all-time high of Rs 23,332 crore in the reporting month, compared to Rs 21,262 crore in June. Source
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