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  Top of the News
Vajpayee got nations to back India on issue of terror, says PM Modi Lalmani Verma, Indian Express
PRIME MINISTER Narendra Modi praised former Prime Minister Atal Bihari Vajpayee for his vision on Jammu and Kashmir, while leaders of the National Conference and PDP recalled that the late leader made no discrimination with states on the basis of region and religion, with PDP chief Mehbooba Mufti calling him a “messiah” for the people of J&K.
In just 20 days, Kerala gets highest August rains in 87 yrs Neha Madaan, Times of India
In just the first 20 days of August, Kerala has received the highest rainfall for the entire month in 87 years, India Meteorological Department data reveals.
12 dead, over 4,000 rescued in Kodagu floods, says K’taka CM NewsMinute
Karnataka Chief Minister HD Kumaraswamy on Monday announced that he has concluded the aerial review of the flood situation in Kodagu, while addressing reporters at Vidhana Soudha. He was in Kodagu on Sunday and had visited some relief camps.
Anil Ambani to Rahul Gandhi: Congress misinformed on Rafale deal Times of India
Reliance Group on Monday said its chairman Anil Ambani has written to Congress president Rahul Gandhi on the Rafale fighter jet deal saying his party has been "misinformed, misdirected and misled" by " malicious vested interests and corproate rivals" on the issue.
Centre declares massive Kerala floods as ‘calamity of severe nature’ Deccan Chronicle
The massive floods in Kerala have been declared a calamity of severe nature, the Home Ministry said on Monday. "Keeping in view of the intensity and magnitude of the floods and landslides in Kerala, this is a calamity of a severe nature for all practical purposes," a home ministry official said. The decision has been taken considering the damage caused by the rains and floods this monsoon season, especially in last one week, in Kerala.
Wrestler Bajrang Punia brings India first Asian Games gold Shivani Naik, Indian Express
India’s first gold medal at the Asian Games came with a rider: rest on these laurels at your own peril. The Tokyo travel advisory should probably read: It’s a jungle out there in two years’ time.
Death toll 370, over 7 Lakh displaced; Kerala now shifts focus on recovery, epidemic scares News18
Monsoon rains that have battered Kerala claimed 13 more lives on Sunday raising the total death toll to 370. As rains subsided in most of the state after two weeks of non-stop downpour, the government will now shift their focus to providing help to the displaced population.
Indian-origin billionaires in UAE pledge Rs 125 million for Kerala flood victims, relief operations Financial Express
Indian-origin billionaire businessmen based in the United Arab Emirates (UAE) have announced Rs 125 million in donations for flood relief operations in deluge-hit Kerala, according to a media report.
India clocked 10.08 pc growth under Manmohan Singh's tenure, shows data Zee News
Indian economy clocked a 10.08 per cent growth rate in 2006-07 under the then Prime Minister Manmohan Singh, the highest since liberalisation of the economy in 1991, according to an official data.
106 die in a day in flood-hit Kerala, massive air rescue on Times of India
Rain-battered Kerala remained in a state of siege on Friday, with officials saying as many as 106 lives were lost the previous day, taking the death toll in floods and landslides across the state to 173 since August 8.
Atal Bihari Vajpayee: India has lost its ‘anmol ratna’, says PM Modi Indian Express
Former PM Atal Bihari Vajpayee dead: Former prime minister Atal Bihari Vajpayee and BJP stalwart passed away at the All India Institute of Medical Sciences in the national capital on Thursday. He was 93. The premier institute, where a stream of leaders across party lines visited Vajpayee since morning, announced his death at 5:05 pm. The iconic BJP leader was admitted to the AIIMS in June and had been ailing for long.
Former Prime Minister Atal Bihari Vajpayee dead at 93 Zee News
Former prime minister Atal Bihari Vajpayee died at the age of 93 in the national capital on Thursday. He breathed his last at 5.05 pm at All India Institute of Medical Sciences (AIIMS).
I am impatient agent of change: PM Sugandha, Pioneer
Setting the tone for the 2019 general elections, Prime Minister Narendra Modi on Wednesday projected himself as an impatient agent of change and castigated the main Opposition Congress-led United Progressive Alliance for its “governance failure”.
India to launch first manned space mission by 2022: PM Modi Chethan Kumar, Times of India
Prime Minister Narendra Modi on Wedbesday, as part of his Independence Day speech, vowed to put an Indian in space by 2022.
‘Sleeping elephant’ India is now up and running, says PM Modi Times of India
Prime Minister Narendra Modi's last Independence Day address before Lok Sabha elections next year saw him launch his campaign, claiming big improvements over UPA's record and announcing rollout of Modicare by next month, a manned space mission by 2022 and a permanent commission for women officers in short service commission of the armed forces.
Atal Bihari Vajpayee's condition remains critical, Venkaiah Naidu, Amit Shah visit AIIMS Zee News
The condition of former prime minister Atal Bihari Vajpayee remains critical on Thursday morning and he is currently on life support system in Delhi's All India Institute of Medical Sciences (AIIMS). According to AIIMS on Wednesday, the medical condition of the Bharatiya Janata Party (BJP) stalwart worsened over the last 24 hours.
China’s firm claims to print Indian currency, RBI sources deny Quint
Have other countries, including India, allowed China to print India’s currency? In an article titled “Why other countries are giving China a licence to print money”, it has been highlighted that India, along with several other countries, has allowed China’s state-owned firms to print India’s currency.
Rafale deal: In Karnataka’s Bidar, Rahul Gandhi challenges PM Narendra Modi to debate Indian Express
Stepping up his criticism of the Prime Minister over alleged corruption in the Rafale deal, Congress president Rahul Gandhi on Monday dared him to a debate and claimed Narendra Modi would not be able to answer his questions on the issue “even for a second”. Rahul, on his first visit to Karnataka after his elevation as Congress chief, targeted Modi on several issues, including recent incidents of rape of girls in BJP-ruled states, farm loan waiver and GST.
PM Modi says Opposition trying to form mahagathbandhan as people are rejecting them Hindustan Times
Aggressively critiquing the proposed unified front, or ‘Mahagathbandhan’ (grand alliance), of opposition parties in the run-up to the 2019 elections, Prime Minister Narendra Modi has said that it reflects “political opportunism”, and “has failed in the past and will fail in the future” because people want a “strong and decisive government”. It will, he has argued, not succeed in creating a ‘gathbandhan’ of the electorate.
I want to make it clear lynching is a crime, no matter the motive: PM Modi Times of India
Between now and the Lok Sabha elections, what will be your government's three most critical areas of economic focus?
To make policy keeping elections in view is not this government's way of working. I have a vision for the country till 2022 that's in the public domain. All policies and actions are aimed at achieving that vision.
Kerala floods: Rajnath Singh announces Rs 100 crore immediate assistance for affected areas Shaju Philip, Indian Express
Union Home Minister Rajnath Singh on Sunday announced an immediate assistance of Rs 100 crore for rain-ravaged Kerala even as the state estimated its loss at Rs 8,316 crore. After conducting an aerial survey of rain-hit districts of Idukki and Ernakulam districts along with Chief Minister Pinarayi Vijayan and Union Minister of State K J Alphonse, Singh said, “I understand the sufferings of the people of Kerala from the present crisis.
Modi: Ethanol blending will save ₹12,000 cr a year in oil imports Business Line
India expects to make foreign exchange savings of up to ?12,000 crore every year after four years through the ethanol blending programme alone, Prime Minister Narendra Modi said here on Friday. The country’s ability to produce ethanol has grown manifold, he noted.
29 Killed, over 54,000 left homeless as heavy rains continue to batter Kerala News18
Dam reservoirs and rivers overflowed, sections of highways collapsed and homes were swept away in severe flooding in more than half of Kerala, after days of incessant rains left nearly 54,000 people homeless and killed at least 29.
Rajiv Gandhi killers' cannot be released: Centre tells Supreme Court Zee News
The seven prisoners, convicted of assassinating former Prime Minister Rajiv Gandhi, cannot be released, the Centre told the Supreme Court on Friday. Objecting to the release, the Centre said that setting the convicts free will send a wrong message across the country and world.
Govt 'bails' out triple talaq Bill Pioneer
The Government on Thursday watered down some stringent provisions of the Triple Talaq Bill to seek support of Opposition parties for the safe passage of the Bill of the Rajya Sabha. The Bill was passed by the Lok Sabha in Budget Session.
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  National
PM Modi writes to Imran Khan: Need to engage, fight terror Shubhajit Roy, Indian Express
SIGNALLING an outreach to Pakistan, Prime Minister Narendra Modi has written to newly elected Pakistan Prime Minister Imran Khan and has expressed a commitment to build “good neighbourly relations” and pursue “meaningful and constructive engagement” for the benefit of the region, sources said on Monday.
UK confirms Nirav Modi's presence in its territory, CBI sends extradition request Times of India
The UK has confirmed to the CBI that fugitive billionaire Nirav Modi, alleged to be the mastermind of India's biggest banking fraud of over $2 billion, is in their country, officials said on Monday.
BJP will fall short of majority if elections are held today, reveals survey Indian Express
The Bharatiya Janata Paty (BJP), which won the Lok Sabha elections in 2014 with a majority on its own, would fall short of the magic number if elections were conducted today, a survey conducted by India Today-Karvy Insights shows. The Mood of the Nation (MOTN) Survey reveals the NDA will manage to win only 281 seats in the 543-member Lok Sabha, while the Congress, along with its present allies, will secure only 122 seats.
Wrong of Sidhu to hug Pak. Army chief, says Amarinder Vikas Vasudeva, Hindu
Punjab Chief Minister Captain Amarinder Singh on Sunday said that it was “wrong” on the part of Cabinet Minister Navjot Singh Sidhu to hug Pakistan Army chief Qamar Javed Bajwa during the swearing-in ceremony of Prime Minister Imran Khan.
Economic growth: UPA benefited from Vajpayee govt policies, Jaitley says in counter to Congress' claims Times of India
Arun Jailtey on Sunday hit out at Congress's claims of generating fastest economic expansion during its term in office, saying it benefited from the Atal Bihari Vajpayee government's policies and the global boom.
Vajpayee was 'shikhar purush' of Indian politics: Amit Shah Business Standard
BJP President Amit Shah on Thursday described former Prime Minister Atal Bihari Vajpayee as "shikhar purush" (topmost leader) of Indian politics who devoted every "second of his life to the country and the party". In a blogpost, Shah said Vajpayee was an ideal swayamsevak, a dedicated worker and an effective speaker.
Vajpayee's death very big loss: Mamata Business Standard
West Bengal Chief Minister Mamata Banerjee on Thursday termed former Prime Minister Atal Bihari Vajpayee's passing away a "very big loss" to the nation. "Very very saddened that the great statesman and former Prime Minister Atal Bihari Vajpayee ji is no more with us.
AAP leader Ashutosh resigns from party, Kejriwal refuses to accept resignation Economic Times
AAP leader Ashutosh today resigned from the party citing a "very very" personal reason even as the party asked him to reconsider the decision. "Every journey has an end. My association with AAP which was beautiful/revolutionary has also an end. I have resigned from the party/requested PAC to accept the same.
Dispute over large segment of India-China border resolved: Ram Madhav in Beijing Zee News
Ahead of the 21st round of India-China boundary talks, senior BJP leader Ram Madhav said on Wednesday that a dispute over a "large segment" of the border with China has been resolved, barring the Western sector, and the negotiations were moving in the positive direction.
We serve the Lady of Justice, says CJI Dipak Misra Hindu
After a year of facing dissent from within the Supreme Court judiciary and an impeachment motion by Opposition MPs, Chief Justice of India Dipak Misra on Wednesday said it is easy to criticise and attack but transforming an institution into a performing one is the difficult part.
Kochi airport shut till Saturday, flights diverted to Calicut and Thiruvananthapuram News18
The Cochin International Airport on Wednesday suspended all flight operations till Saturday as the aerodrome was flooded following unabated rains and the opening of dam shutters in the Periyar river, prompting authorities to divert all incoming and outgoing flights to Thiruvananthapuram or Calicut.
Order VVPATs within 2 months for elections in 11 states with 2019 Lok Sabha polls: CEC OP Rawat Neeraj Kumar, News18
Chief Election Commissioner OP Rawat on Tuesday said that if government wants elections to 11 states to be held along with 2019 Lok Sabha polls, then a decision on ordering more VVPAT machines will have to be taken in a month or two. The CEC said currently the Commission does not have enough machines to conduct such a massive exercise. 
Agni-V set to be inducted by December after one more test Shishir Gupta, Hindustan Times
Agni-V, India’s long-range ballistic missile with a range of 5,000-5,500km will undergo one more pre-induction test, perhaps as soon as October, and be inducted into the country’s strategic arsenal shortly after, before the end of the year, senior defence ministry officials said on condition of anonymity.
Pune tops India’s most livable cities ranking; Hyderabad at 27, Delhi ranks at 65 Deccan Chronicle
Pune, Navi Mumbai and Greater Mumbai from Maharashtra were ranked India's three most livable places on the government's inaugural 'Ease of Living Index', where the national capital came at 65th place out of total 111 cities.
NRC will be implemented across country after 2019 polls: BJP vice president Om Mathur Indian Express
BJP national vice-president Om Mathur said that the country would not be allowed to become a ‘dharamshala’ and that National Register of Citizens (NRC) would be implemented throughout the country after the 2019 general election. The entire country is suffering from the problem of Bangladeshi infiltrators. There is not a single city or town which is not suffering from the problem of Bangladeshi infiltrators, Mathur told reporters in Jhunjhunu district today.
Cong to Win Rajasthan, MP and Chhattisgarh, Modi Factor to Swing BJP Fortunes in States in 2019: Survey News18
The Bharatiya Janata Party would lose all three of the upcoming Assembly elections in Chhattisgarh, Madhya Pradesh and Rajasthan to the Congress, but the Modi factor would help the party’s fortunes in the Lok Sabha election next year in the three states, a survey conducted by CVOTER and ABP news has predicted. 
BJP considering holding simultaneous polls in 11 States in 2019: Sources NDTV
To underline its commitment to simultaneous polls, the BJP is considering holding assembly elections in at least 11 states along with the Lok Sabha polls, which are due in the first half of the next year.
Rafale deal from Dassault, not defence ministry: Reliance Group Mint
Anil Ambani’s Reliance Group on Sunday said it received the Rafale jet deal from Dassault Aviation SA and not the defence ministry. “Reliance Defence or any other Reliance group company has not received any contract from the MoD till date, related to 36 Rafale aircraft. This is absolutely unfounded and incorrect,” said Reliance Defence Ltd chief executive Rajesh Dhingra.
DMK split wide open, Alagiri challenges Stalin days after Karunanidhi's death Zee News
It has not even been a week since DMK patriarch M Karunanidhi died and a rebellion in the party has begun to surface. Standing at Karunanidhi's memorial on Monday, his son MK Alagiri launched an open rebellion against his estranged brother MK Stalin. Claiming that he has the support of the entire DMK cadre, he said that real party members are backing him.
Somnath Chatterjee, former Lok Sabha Speaker, dies at 89 Santanu Chowdhury, Indian Express
Somnath Chatterjee, former Lok Sabha Speaker, passed away Monday morning following a multi-organ failure at a city hospital. He was 89. Chatterjee was admitted at Belle Vue Clinic last Tuesday following a kidney related ailment. On Sunday he suffered a heart attack and was put on ventilator support.
‘India needs 45 more satellites in space’: ISRO chairman Ashok Bagriya, Hindustan Times
Indian Space Research Organisation (ISRO) chairman K Sivan has been attracting flak for the controversial removal of a senior colleague and director of ISRO’s, Space Application Centre, Tapan Misra, in Ahmedabad and attempts to privatise the space research agency.
Congress has weakened: Deve Gowda Hindu
The Congress, which had monopolised political power across the nation when Jawaharlal Nehru was the Prime Minister, has lost its political strength and power after the emergence of regional parties and dominance of caste politics since the mid-1960s, Janata Dal(S) supremo and former Prime Minister H.D. Deve Gowda said here on Sunday.
Triple talaq Bill misses RS date Pioneer
Even after the Government watered down some stringent provisions of the triple talaq Bill, it failed to get the nod of the Rajya Sabha on Friday. The Government is now likely to come up with an Ordinance and push the Bill for passage in the Winter Session of Parliament.
Parliament clears 20 bills in Monsoon session Business Standard
The Monsoon session of Parliament saw 20 bills being passed by the two Houses, out of which 22 were introduced in the Lok Sabha and one in the Rajya Sabha, according to an official release. The 20 bills passed by the two Houses includes four bills related to Goods and Services Tax (GST) and two appropriation bills, the release from the Ministry of Parliamentary Affairs said.
India envoy meets Imran Khan, his party says resumption of talks a priority Indian Express
India’s High Commissioner Ajay Bisaria met Pakistan Tehreek-e-Insaf (PTI) chairperson Imran Khan Friday, a week before he is sworn in as Prime Minister after winning the general elections held there last month.
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  The Courts
SC seeks views of stakeholders on Assam NRC SoP Business Standard
The process for receiving claims and objections from the public, including 40 lakh ineligible people who were not included in the complete draft NRC, would begin from Aug 30, as the Supreme Court on Thursday sought views of AASU, AAMSU and Jamiat-Ulama-E-Hind on the Standard Operating Procedure prepared by the Centre.
Three-judge SC Bench to hear Article 35A issue Hindu
One of them even complained that J&K is virtually shutdown before every Supreme Court hearing. To this, Chief Justice Misra said the challenge is to a provision, Article 35A, which has been implemented for over 60 years and the petitions were filed only in 2014.
SC irked at garbage in Delhi, says ‘dump it near Lt Governor’s house’ Hindustan Times
The Supreme Court on Monday said that Delhi was facing an “emergency situation” due to mountains of garbage as it expressed dissatisfaction over the response of authorities on waste management. “Will there be any person alive in Delhi in such a situation?” an irked apex court said and sought details of how plans on management of solid waste could be implemented, especially on segregation of household waste.
Justice K M Joseph to take oath as SC judge today amid row with Centre over lowering seniority Money Control
Justice K M Joseph, the Chief Justice of the Uttarakhand High Court, will take oath as a judge of the Supreme Court as scheduled today amid a row with the Centre over his seniority being lowered on his elevation.
Bihar shelter homes rapes: SC takes suo motu cognisance of Muzaffarpur case, demands explanation from Nitish Kumar govt, Centre Financial Express
The Supreme Court has taken suo motu cognisance of the Bihar shelter home rape cases on Thursday, and has sought explanation from Nitish Kumar-led Bihar government  and the Women and Child Development Ministry as to why neither body took action to stop minor girls from being raped in shelters home in Muzaffarpur. A notice has been issued to both governments.
Why punish only man, not woman, asks Supreme Court J Venkatesan, Deccan Chronicle
The Supreme Court on Thursday made it clear that there is no rational basis in the adultery law to punish only the man, treating him as an accused and not the woman by treating her as a victim when both the partners derive equal benefit. A five Judge Constitution Bench comprising the Chief Justice Dipak Misra and Justices Rohinton Nariman, A.M. Kanwilkar and D.Y. Chandrachud made this initial observation during the course of hearing of petitions challenging the validity of IPC Section 497 punishing only the man in adultery cases.
Supreme Court to Centre: ‘No coercive steps’ on NRC J Venkatesan, Asian Age
A day after the release of the draft National Register of Citizens (NRC) in Assam, the Supreme Court on Tuesday directed the Centre not to take any coercive action against those whose names are not on the list.
What is happening in Kerala, priests are becoming rape accused: SC Times of India
'What is happening in Kerala, priests are becoming accused in rape cases', the Supreme Court wondered on Thursday as it asked the state police to file a status report on the investigation done against four clergymen accused of sexually abusing a married woman.
Govt stand on Lokpal appointment is ‘wholly unsatisfactory,’ says Supreme Court Krishnadas Rajagopal, Pioneer
The Supreme Court on Tuesday said the government’s stand on completing the appointment of a Lokpal, an ombudsman to protect the common man from corruption in public service and power centres, was “wholly unsatisfactory.”
Ban on entry of women in Sabarimala is patriarchal: SC Krishnadas Rajagopal, Hindu
Ban on entry of women of a certain age group at the Sabarimala temple is based on the “patriarchal” belief that the dominant status of a man in society makes him capable of austerity, while a woman, who is only a “chattel of a man,” is incapable of remaining pure for the 41 days of penance before the pilgrimage, the Supreme Court observed on Wednesday.
Miffed at police failure to unclog traffic in Capital, SC summons CP Pioneer
Unhappy at the Delhi Traffic Police’s failure in easing congestion from Delhi roads, the Supreme Court on Friday directed the Delhi Police Commissioner to appear and explain why this task could not be achieved.
  Business
India's current account deficit to widen to 2.5% of GDP in FY19: Moody's, experts Economic Times
India's current account deficit (CAD) will widen to 2.5 per cent of the GDP in the current fiscal due to higher oil prices that has been accentuated by rupee depreciation, Moody's and other experts have said.
Bharti Airtel forming independent fibre company; names Abhay Savargaonkar unit CEO Danish Khan, Economic Times
India’s top telecom company Bharti Airtel is forming a new independent fibre company and has appointed Abhay Savargaonkar as the new unit’s chief executive officer. Airtel could replicate its approach to Indian tower operations and dilute stakes to create an independent fibre company that leases out key infrastructure to potential mobile phone operator clients, analysts said.
Sensex up 250 points; Nifty holding above 11,500; Infra up 2%, PSU bank gains Money Control
Shares of Mawana Sugars rose nearly 13 percent as company board has given in-principle approval for installation of incinerator boiler, evaporators and bagasse shed at its unit Meerut, UP with an estimated cost of Rs 29 crore. Also, it received approval to explore the possibility of expansion of NSC Distillery by 30 KLPD.
MSME credit growth back at pre-note ban levels: RBI study Hindu
The flow of bank credit to micro, small and medium enterprises (MSMEs) that took a hit in the aftermath of demonetisation seems to have picked up again, a study by officials at the Reserve Bank of India (RBI) showed.
Kerala Floods: ICICI Bank waives off penalty for late payment of EMIs, credit card dues in August Money Control
Private sector lender ICICI Bank has waived off penalties on late payment of EMIs for all retail loans and credit card dues in August for customers in Kerala. The state has been hit by incessant rains leading to massive floods and loss of lives.
Rupee appreciates marginally; still below 70 per dollar mark Business Standard
The Indian rupee appreciated marginally during the morning hour of the trade session on Friday after settling at a record low closing level in the previous session. Sentiments in the Indian currency market have been largely subdued of late due to a wider trade deficit and following weakness in the global peers.
Foreign exchange market being monitored: Jaitley Business Line
Sending out a word of assurance, Union Minister Arun Jaitley said on Wednesday India’s foreign exchange reserves are comfortable by global standards and sufficient to mitigate any undue volatility in the currency market.
Vodafone, Idea throw down the gauntlet at Jio, Airtel with eye-catching incentive offers Devina Sengupta, Economic Times
Vodafone India and IdeaNSE -1.25 % Cellular are believed to have more than doubled the subscriber-related incentives offered to retailers in the run up to create India’s largest telecom operator, throwing down the gauntlet at rivals Bharti Airtel and Reliance Jio Infocomm as the war for customers intensifies.
Air India pilots say 23% of airline’s fleet grounded due to lack of spares Hindustan Times
Days after questioning the safety of flights they are operating, the pilots association of Air India has claimed that almost 23% of the airline’s fleet is grounded for lack of spares. On August 10, of the total 72 aircraft in the fleet, 12 were grounded. This doesn’t include ATR plane operated by Air India Express, an affiliate. The 23% is the average of the percentage of aircraft Air India grounded over the past few days.
Sensex likely to be in 40,000-42,000 range by Independence Day 2019: Poll Money Control
Indian markets climbed to fresh record highs in July and momentum continued in the month of August as well, but for those who missed the rally there is good news and Sensex is on track to hit levels closer to 42,000 in the next 12 months.
Inflation cools to 9-month low of 4.17% in July, down from 4.9% in June Economic Times
Retail inflation in the country eased more than expected to a nine-month low in July due to a sharp decline in price increase of food and beverages, kindling hopes that the Reserve Bank of India will stop raising interest rates.
Rupee hits fresh record low, breaches 69.50 level against dollar Economic Times
The rupee on Monday joined the emerging market currencies rout as the domestic unit opened at a low of 69.47 against the US dollar. The rupee nosedived to its life-time low of 69.62, tumbling by 79 paise against the greenback. 
As Flipkart-owned eBay India shuts shop on August 14, its products will now sell on a new platform Money Control
Flipkart is set to shut down the operations of eBay India on August 14, marking an end to the strategic partnership that began in August, last year. Flipkart will now launch a new platform to sell refurbished goods in an attempt to tap into the market of pre-owned goods, which as of now, is largely unorganised.
Happy hours! Reliance Jio to disrupt broadband market with low pricing Kalyan Parbat, Economic Times
Reliance Jio is poised to launch a mass-market, high-speed, wired, broadband service bundled with internet-based television programming starting at about Rs 500 a month, or effectively half of what cable operators charge for similar services.
SBI posts ₹4,876-cr net loss in June quarter Business Line
State Bank of India reported a net loss of ?4,876 crore in the first quarter ended June 30, 2018, as provisions, including towards investment depreciation and staff expenses, soared. The bank had posted a net profit of ?2,006 crore in the year-ago period.
HDFC Bank Sukthankar’s surprise resignation sparks ‘Axis’ speculation Hindu
In a surprise move, HDFC Bank’s deputy managing director Paresh Sukthankar has decided to put in his papers, ending a 24-year-long career in the second-largest private sector lender.
Delhi High Court says Malvinder, Shivinder Singh cannot operate bank accounts Prabha Raghavan, Economic Times
The Delhi High Court restrained former Fortis Healthcare and Ranbaxy promoters Malvinder and Shivinder Singh from operating their bank accounts in India and Singapore while it executes Daiichi Sankyo’s Rs3,500-crore arbitration award against them. The court however didn’t block a key Fortis Healthcare shareholder meeting to vote on the hospital chain’s acquisition by IHH.
Industrial production grows at a 5-month high of 7% in June Economic Times
Industrial production in the country expanded at a five-month high in June with all three major sectors —manufacturing, mining and electricity — contributing to the recovery. Growth as measured by the Index of Industrial Production (IIP) stood at 7% in June compared with 3.9% in May, according to data released by the statistics office on Friday.
Govt notifies due date for filing GST returns from July 2018 - March 2019 Mint
The government has modified the due date for filing of final Goods and Service Tax (GST) sales returns by businesses with turnover exceeding ?1.5 crore to the 11th day of the succeeding month.
Walmart-Flipkart deal to get government $2 billion John Sarkar & Sidhartha, Times of India
Walmart’s acquisition of majority control in Indian e-commerce player Flipkart in a $16-billion deal is expected to help the government rake in up to Rs 13,000 crore, following the global retailer's discussions with income tax authorities.
2 yrs jail or Rs 2 lakh fine for sale of non-ISI helmets from Jan 15 Rajesh Kumar, Pioneer
In a major step for the safety of two-wheeler riders, the Centre has decided to ban the manufacturing, sales and usage of helmets that do not comply with the Indian Standard Institute (ISI) standards, according to draft notification issued by the Ministry of Road Transport and Highways (MoRTH).
Sebi panel recommends seeking powers to tap phone calls Mint
Suggesting sweeping reforms, a high-level committee on Thursday recommended market watchdog Securities and Exchange Board of India (Sebi) to seek powers to intercept phone calls to aid investigations and also grant immunity to whistleblowers blowing the lid off frauds and other violations.
Reliance Communications will furnish Rs 774 crore bank guarantees, sell spectrum to Jio Devina Sengupta, Economic Times
Reliance Communications has informed the telecom department that it will shortly furnish bank guarantees worth Rs 774 crore and sell spectrum to Reliance Jio Infocomm, which will meet all future liabilities associated with the airwaves.
RBI to pay ₹ 50,000 crore dividend to govt for FY18 Gopika Gopakumar, Shayan Ghosh & Aparna Iyer, Mint
The Reserve Bank of India (RBI) will transfer ?50,000 crore of its surplus money to the government, the highest since 2015-16, in a partial relief for the latter struggling to replenish public sector banks.
Equity wins over FD! Rs 50-lakh investment could become Rs 1 crore in 10 years Kshitij Anand, Money Control
In 2017, benchmark indices skyrocketed by 30 percent and most of the mid & small-caps outperformed them by a wide margin. This attracted a lot of investors towards equities and fixed deposits took a backseat.
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  States Scan
Kerala floods: Need Rs 21,000 crore cess, says Finance Minister Thomas Isaac Liz Mathew, Indian Express
The Kerala government will need at least Rs 21,000 crore to reconstruct basic infrastructure following the unprecedented floods that have claimed at least 216 lives since August 8, and will look at various options to meet the burden, including approaching the GST Council to allow the state to levy a cess, State Finance Minister Thomas Isaac told The Indian Express.
Air India flight land in Kochi; Jet, Indigo, GoAir begin special services to Kerala Mint
Commercial flight operations to flood-affected Kochi resumed on Monday. An Air India flight from Bengaluru landed at the naval airport in the city. Domestic air operations have resumed here after 18 years as the Kochi International Airport remained submerged. Air India has waived cargo charges for transportation of medicine and other materials to Kerala.
Red alert withdrawn for all Kerala districts, fishermen warned not to venture into sea NewsMinute
The red alert was withdrawn on Sunday from all the districts in Kerala where it was in place. In a weather bulletin issued at 11.30 am on Sunday, the Indian Meteorological Department (IMD) centre in Thiruvananthapuram indicated that all districts in Kerala except Idukki, Kozhikode and Kannur will receive light to moderate rainfall during the next 24 hours.
Thousands marooned across Kerala, Kochi airport drowns Indian Express
As heavy rain continues unabated across Kerala, where flooding, landslides and bridge collapses have killed at least 67 people over the last week, the Kochi International Airport Wednesday announced that it will remain shut till Saturday after water flooded the runway and operational areas.
16 dead as heavy rains, floods, landslides hit Himachal Pradesh Times of India
Havy rains across Himachal Pradesh since Sunday afternoon caused extensive damage inthe state and claimed 16 lives. Hundreds of People were stranded after roads across the State were blocked by gushing nullahs and landslides.
Andhra: GVL seeks special CAG audit in PD accounts scam Gopi Dara, Times of India
BJP MP GVL Narasimha Rao on Saturday wrote a letter to governor ESL Narasimhan seeking special CAG audit followed by CBI probe in the Personal Accounts (PD) accounts being maintained by the andhra Pradesh government.
Kanwariya who vandalised car in Delhi’s Moti Nagar arrested Shiv Sunny, Hindustan Times
A 26-year-old ‘kanwariya’ (devotee of Lord Shiva)  with a criminal past was arrested on Thursday for going on rampage and destroying a car involved in a minor accident in west Delhi’s Moti Nagar 48 hours earlier, police said.
Won’t allow NRC here, says Bengal LoP Hindu
Senior Congress leader Abdul Mannan said on Wednesday that an NRC exercise would not be allowed in West Bengal and asked the propagators of this idea not to “play with fire”, even as former Assam Chief Minister Prafulla Kumar Mahanta urged the Centre to prepare a similar list for the residents of West Bengal saying the State was also “affected by illegal immigration” from Bangladesh.
Maharashtra Bandh: Internet suspended in 7 tehsils of Pune Economic Times
Maharashtra is bracing for a day-long shutdown today as Maratha organisations have called for a state-wide bandh, except Mumbai, for reservation in government jobs. Government has beefed up security across the state since protests held by Maratha groups last month had witnessed large-scale violence and arson in various parts of the state.
Another AAP MLA joins dissidents’ camp in Punjab Hindu
In a boost to the dissident AAP legislators in Punjab led by Sukhpal Singh Khaira, Garhshankar MLA Jai Krishan Singh Rodi on Monday announced that he is joining their group and accused the central leadership of ignoring the voice of the State unit.
Transport strike: Buses, metro, auto services likely to hit on Aug 7 Deepika, OneIndia
The nationwide transport strike called by the trade unions and small business units on August 7 may virtually paralyse normal life across the country.
Ghaziabad schools, colleges to be closed from Aug 5-9 for Kanwar Yatra Hindustan Times
In view the movement of nearly 50 lakh Kanwariyas through western Uttar Pradesh — including Ghaziabad — in the coming days, the Ghaziabad district administration has decided to shut all schools and colleges between August 5 and August 9.
23 fake engineering colleges in Karnataka, courtesy AICTE Kumaran P, Bangalore Mirror
Ashutosh (name changed), completed his undergraduate engineering programme in a private engineering college in the State and went for post-graduation admission. He was denied admissions and the reasons cited were that his marks cards and degree were invalid.
GDA to demolish 250 illegal buildings by August 4, shift occupants to its flats Abhijay Jha, Times of India
The Ghaziabad Development Authority (GDA) will start on Wednesday a four-day campaign to demolish over 250 buildings indetified as illegal and rehabilitate its occupants to 16 shelter homes and its flats.
Kerala: One person killed as downpour continues, IMD predicts more rain Scroll
One person was electrocuted to death in Thiruvananthapuram on Tuesday as heavy rain hit different parts of Kerala, PTI reported. The shutters of three dams in Kerala’s capital Thiruvananthapuram – Neyyar, Peppara and Aruvikkara – were opened as the water level rose.
NCP seeks 5 per cent reservation for Muslims in education Indian Express
A week after Maharashtra witnessed agitation by the Maratha community for reservation in jobs and education, the Nationalist Congress Party (NCP) has now demanded reservation for Muslims in education.
North Karnataka statehood row: HD Kumaraswamy blames media for creating controversy, trumping up demand Firstpost
Karnataka chief minister HD Kumaraswamy on Monday blamed the media for the flare-up of the demand for a separate statehood for north Karnataka, saying if anything went wrong in the future, it would be held responsible.
Maratha quotas: Fresh violence in Maharashtra, one more suicide Economic Times
Fresh violence with arson, roadblocks, attacks on police and shutdowns rocked several parts of Maharashtra over the demands for Maratha reservations while one person committed suicide by jumping under a running train here on Monday.
7 members of a family commit suicide in Ranchi Sunny Sharad, Zee News
Just days after mass suicide by 11 members of a family in Burari in the national capital shocked the country, a similar case has come to the fore. At least seven members of a family allegedly committed suicide in Jharkhand capital Ranchi.
  International News
Iran's Khamenei: 'No war, no negotiations with the US' Times of India
Iran's supreme leader said Monday there would be neither war nor negotiations with the United States, and that the country's problems were the result of government mismanagement more than renewed sanctions.
We reject new sanctions, Russia tells US Business Standard
Russian Foreign Minister Sergei Lavrov on Friday told US Secretary of State Mike Pompeo that Russia categorically rejects new US sanctions over alleged Russian involvement in the Skripal case. Lavrov reiterated Russia's position that Moscow played no role in the alleged nerve agent attack on ex-Russian spy Sergei Skripal in the British city of Salisbury, Xinhua quoted the Foreign Ministry as saying.
US cuts military training with Pakistan Hindu
President Donald Trump’s administration has quietly started cutting scores of Pakistani officers from coveted training and educational programmes that have been a hallmark of bilateral military relations for more than a decade, U.S. officials say.
Death toll jumps to 347 in Indonesia earthquake NewIndianExpress
The death toll in the 6.9 magnitude earthquake that struck Indonesia's Lombok island on Sunday swelled to 347, according to the state-run Antara news agency.
PML-N nominates Shehbaz Sharif as Pakistan PM candidate, PTI claims support of 174 members Indian Express
The embattled Pakistan Muslim League-Nawaz (PML-N) Monday unanimously nominated Shehbaz Sharif as its prime ministerial candidate, party spokesperson Marriyum Aurangzeb said. The nomination of the 66-year-old former Punjab chief minister was approved soon after Pakistan Tehreek-e-Insaf (PTI) party named its top leader Imran Khan to be the prime ministerial candidate of the single largest party in the National Assembly.
China tests hypersonic aircraft that can carry nuclear warheads Sutirtho Patranobis, Hindustan Times
China said on Monday that it has tested a hypersonic aircraft that rides its own “shock waves”, can carry nuclear bombs and penetrate missile defence systems. The first test flight of Starry Sky-2--Xingkong-2 in Chinese--was carried out successfully at an undisclosed location in a remote part of northwest China, the China Academy of Aerospace Aerodynamics was quoted as saying by the state media.
Pakistan Tehreek-e-Insaf announces Imran Khan as its PM candidate Hindu
Pakistan Tehreek-e-Insaf’s (PTI) parliamentary committee on Monday officially nominated Imran Khan as the party’s prime ministerial candidate, according to a media report.
US trade war won’t work, says China Hindu
China's top envoy called on the U.S. to remain “cool-headed” on Thursday as Washington threatened to raise the tariff rate on the next $200 billion of Chinese imports. Slapping additional tariffs on Chinese imports — 60% of which are made by foreign firms, including American companies — will only raise costs for domestic U.S. consumers, said Chinese Foreign Minister Wang Yi.
China wants military drills with ASEAN in disputed sea but excluding US Economic Times
China wants military exercises and energy exploration with Southeast Asian nations in disputed waters, according to a draft document, but insists on outside countries being excluded in what analysts said was a bid to diminish US influence.
US bill relief for India, trouble for China & Pakistan Times of India
The US Congress has passed a defence spending bill that seeks to amend an existing law to provide waivers to America's stategic partners like India from punitive sanctions against thos doing business with Russia's defence industry.
To challenge Imran Khan as PM, Pak's ex-rival parties join hands NDTV
Pakistan's two former dominant political parties said on Thursday they would join forces to field their own candidate for prime minister in parliament, challenging former cricket star Imran Khan, whose party won last week's general election.
Trump administration adds to China trade pressure with higher tariff plan Hindu
U.S. President Donald Trump sought to ratchet up pressure on China for trade concessions by proposing a higher 25 percent tariff on $200 billion worth of Chinese imports, his administration said on Wednesday.
No decision on Donald Trump's India visit yet: White House NDTV
US President Donald Trump has received an invitation to visit India, but no decision has been taken yet, the White House said on Wednesday. "I know that the invitation has been extended, but I do not believe that a final decision has been made," the White House Press Secretary Sarah Sanders told reporters when asked about reports that Prime Minister Narendra Modi has invited President Trump to be the Chief Guest at the next year's Republic Day celebrations in New Delhi.
On illegal immigrants in Assam, Bangladesh says 'no relation with us' Deccan Chronicle
With the final draft of Assam's National Registry of Citizens (NRC) sparking a nationwide debate over the exclusion of over four million people, Bangladesh on Tuesday said that linking illegal migrants with the country was incorrect.

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