Brent and WTI surged on the last trading day of 2018 on Monday, on hints of progress on the US and China trade deal, which has hit crude prices for most of the year. Cr

Oil prices set for biggest decline since 2015

Brent and WTI surged on the last trading day of 2018 on Monday, on hints of progress on the US and China trade deal, which has hit crude prices for most of the year. Crude was trading higher with Brent and WTI up but is on track for the biggest yearly decline in three years. Brent lost 20 per cent while WTI was down 24 per cent in 2018 but the downward pressure will not sustain from January when the OPEC-led supply cuts will commence.  

Oil prices set for biggest decline since 2015 

IPO bound Paytm has launched its Field Sales Executive (FSE) program which will see the opening up over 20,000 job opportunities for undergraduates. Reports i

PayTm Job Alert! 20,000 jobs with salaries upto Rs 30,000 as the fintech looks to expand sales

PayTm Jobs Alert! 

IPO bound&nbsp;Paytm has launched its Field Sales Executive (FSE) program which will see the opening up over 20,000 job&nbsp;opportunities for undergraduates. Reports indicate that the fintech&nbsp;giant is&nbsp;plans to hire 20,000 field sales executives to educate merchants on adopting digital payment modes.&nbsp; Recruited field sales executives would have the opportunity to earn as much as&nbsp;₹35,000 and more in monthly salaries and commissions.

India's largest auto maker Maruti is in top gear driving into August as July sales beat street estimates with a large margin as they rose over 50% vs last year.&nb

Maruti in the fast lane, July sales soar 50% beating street estimates. Vitara Brezza, S-Cross and Ertiga&nbsp;sales get into higher gear. What are brokerages saying about the stock?

Maruti in the fast lane, July sales soar 50%

India's largest auto maker Maruti&nbsp;is in top gear driving into August as July sales beat street estimates with a large margin as they rose over 50% vs last year.&nbsp; July sales clocked in at a 1.64 lakh units for Maruti, which marks the highest level of sales since February and a 19% jump even from June.&nbsp; Sales of utility vehicles, including Vitara Brezza, S-Cross and Ertiga, stood at 32,272 units last month as compared to 19,177 in the year-ago month, the company said. Smart rise in mini and compact sedan segment were also seen.&nbsp;

Brent and WTI surged on the last trading day of 2018 on Monday, on hints of progress on the US and China trade deal, which has hit crude prices for most of the year. Crude was trading higher with Brent and WTI up but is on track for the biggest yearly decline in three years. Brent lost 20 per cent while WTI was down 24 per cent in 2018 but the downward pressure will not sustain from January when the OPEC-led supply cuts will commence.

The country’s largest bourse National Stock Exchange (NSE) has approached the market regulator SEBI for it's go ahead to file for an initial public offer DRH

The country&rsquo;s largest bourse&nbsp;National Stock Exchange (NSE) has approached the market regulator SEBI for it's go ahead to file for an initial public offer DRHP&nbsp;as per reports.&nbsp; The annual report of the stock exchange stated that&nbsp;NSE has requested Sebi to convey its no-objection which would enable the stock exchange to finally file it's DRHP.&nbsp; As per Business Standard&nbsp;, the bigger shareholders of the exchange want Sebi and the&nbsp;NSE to expedite the listing process and they have taken up the issue with the NSE&rsquo;s management several times. Here are the the major shareholders of NSE: LIC&nbsp;(12%), Aranda Investments (5%), Veracity Investment (5%),&nbsp;Stock Holding Corp (4.4%), SBI&nbsp;Capital Market (4.3%), SBI&nbsp;(3.6%)

e-RUPI, a person and purpose-specific digital payments system will be launched by PM Modi today. This electronic voucher based digital payment

e-RUPI,&nbsp;a person&nbsp;and purpose-specific digital payments system will be launched by PM Modi&nbsp;today. This&nbsp;electronic voucher based digital payment&nbsp;is a cashless and contactless digital payments medium which essentially would work like a gift voucher.&nbsp; This e-RUPI&nbsp;voucher would be redeemable at specific locations and will not require the holder/owner to have any electronic card or even a bank account to execute the payment.&nbsp; Aimed at giving a boost to digital payment for welfare schemes, e-RUPI&nbsp;has been developed by&nbsp;National Payments Corporation of India (NPCI), Department of Financial Services, Ministry of Health and Family Welfare and the National Health Authority.&nbsp;

India's richest man Mukesh Ambani wants a bite out of the world's largest singlebrand restaurant chain, Subway Inc. As per reports Reliance is looking to acqu

India's richest man Mukesh&nbsp;Ambani wants a bite out of the world's largest singlebrand&nbsp;restaurant chain, Subway Inc. As per reports Reliance is looking to acquire the Indian Franchise of Subway for close to $250 million.&nbsp; ET reports quoting undisclosed sources that Reliance is in conversation with PE investors to take over the 600+ Subway stores across India and is willing to pay nearly Rs 1500 cr for it.&nbsp;
Ambani&nbsp;will face off market leader Domino's&nbsp;in the&nbsp;quick service restaurant (QSR) segment who maintains the giant lead of 21% market share followed by 11% held by McDonald's in India.&nbsp;

asds 24*7 Salary and EMI payments: The National Automated Clearing House (NACH) is a bulk payment system used by banks to transfer salaries and pensions, divide

&nbsp;
<ul>
<li>24*7 Salary and EMI payments:&nbsp;The National Automated Clearing House (NACH) is a bulk payment system used by banks to transfer salaries and pensions, dividends and interest will now be accessible around the clock.&nbsp;</li>
<li>ATM cash withdrawals to cost more: After 9 years the RBI&nbsp;hiked interchange fees effective August 1, which will lead to higher charge on ATM&nbsp;cash withdrawals after the first four that still remain free.&nbsp;</li>
<li>Change in Post Office charges:&nbsp;Those who hold an account with the India Post Payments Bank (IPPB), will have to pay more to use the doorstep services. The bank currently has no charge for these services, but from August 1, it will start charging&nbsp;₹20 (plus GST) for each such request.&nbsp;</li>
<li>ICICI bank revises charges: Services charges across&nbsp; the board to be hiked for this private bank with effect from August 1</li>
</ul>

The country's largest lender, the State Bank of India (SBI) on Saturday announced Monsoon Dhamaka offer with a 100 per cent waiver on processing fees on

The country's largest lender, the&nbsp;State Bank of India (SBI) on Saturday&nbsp;announced Monsoon Dhamaka&nbsp;offer with a 100 per cent waiver on processing fees on home loans.
This is a significant reduction from the existing processing fees of 0.40 per cent. The Monsoon Dhamaka Offer is for a limited period ending on 31st August 2021.&nbsp; A home loan customer stands to gain substantially through this limited period offer.&nbsp;
SBI's home loan interest rates start at just 6.70 per cent, the lender said in a release.&nbsp;
The State Bank of India claims that it is offering the cheapest home loan in the entire banking system and that is the reason, SBI has massive 5 lakh crore home loan book.&nbsp;&nbsp;

India's infrastructure output in June rose 8.9% year-on-year, compared with 16.8% in the previous month, government data on Friday showed. The data released by the com

India's infrastructure output in June rose 8.9% year-on-year, compared with 16.8% in the previous month, government data on Friday showed.
The data released by the commerce and industry ministry on July 30 showed that production declined in just one out of the eight core sector industries - crude oil. Positive growth was seen in seven out of eight sectors.
Data released by the industry department showed that the coal sector grew 0.4% from May to June.
Crude oil production continued to contract, falling by 1.8 percent in June. Refinery output and steel production in June eased from double-digit growth in May. 
Cement production rose by a smaller margin of 4.3 percent, while electricity output rose by 7.2 percent in June. Fertilizer production turned positive.

The ban on international flights has been further extended till August 31, the Director General of Civil Aviation (DGCA) said. The ban on international comme

The ban on international flights has been further&nbsp;extended till August 31, the&nbsp;Director General of Civil Aviation (DGCA) said.
The ban on international commercial flights to and from India was going to end on July 31.
However, international flights on selected routes on a case-to-case basis may continue to operate, the DGCA mentioned.
International flights have been banned since March 23 due to the Covid-19 pandemic.

Big bets coming in for Tech Mahindra as it clocks in the highest ever quarterly revenue and profits. Profit was up 25% while constant currency revenue growth was up alm

Big bets coming in for Tech Mahindra as it clocks in the highest ever quarterly revenue and profits. Profit was up 25% while constant currency revenue growth was up almost 4%, the highest in over 6 quarters.&nbsp; Brokerages are betting bigger on the stock,&nbsp;CLSA&nbsp;has raised FY22/ FY23 EPS estimates by 3% each. The broking house says the risk-reward is favourable given a relatively inexpensive valuation. They retain a BUY rating and raise target price from Rs1,300 to Rs1,380.&nbsp; Tech Mahindra&nbsp;is currently trading at a fresh 52-week high.&nbsp;

With reports of IDBI Bank fully recovering its dues from now-defunct Kingfisher Airlines, fugitive businessman Vijay Mallya on Thursday mocked banks for saying he

With reports of IDBI Bank fully recovering its dues from now-defunct&nbsp;Kingfisher Airlines, fugitive businessman Vijay Mallya on Thursday mocked banks for saying he still owed them money.
Posting on twitter a clipping of a news item that reported that IDBI Bank has recovered its entire dues totalling Rs 753 crore from the airlines, Mallya said, "And the Banks say I owe them money!".
His tweet comes after a British court on Monday granted a bankruptcy order against him, paving the way for a consortium of Indian banks led by the&nbsp;State Bank of India (SBI) to pursue a worldwide freezing order to seek repayment of debt owed by Kingfisher Airlines.
&nbsp;

Even a $100 billion mark in revenues was not good enough for Amazon as the stock plunged as earnings missed estimates. The pandemic push for the e-commerce giant seems

Even a $100 billion mark in revenues was not good enough for Amazon as the stock plunged as earnings missed estimates. The pandemic push for the e-commerce giant seems to be slowing as people get back to stores across the US. Amazon&rsquo;s revenue grew by 27% to $113.08 billion vs a 40% growth in the same period last year. The outlook was also not an upbeat one, the CFO told analysts, "We&rsquo;re starting to lap that and that&rsquo;s why you see some of the growth rate coming down.&rdquo;, adding that Amazon expects to see slower growth continue for the next few quarters.
For July-September quarter which would be Andy Jassy's&nbsp;first quarter as CEO,&nbsp;&nbsp;Amazon said it expects to book sales between $106-$112 billion which transaltes to a&nbsp;growth of 10% to 165 which is much below street estimates. Credit to the new CEO, Jassy&nbsp;managed unit of&nbsp;AWS&nbsp;saw revenue jump 37%&nbsp; the biggest year-over-year sales jump in two years. The company&rsquo;s &ldquo;other&rdquo; revenue category, primarily advertising sales, gained 87% to $7.92 billion.

The Maharashtra Food and Drug Authority (FDA) on Thursday said it has issued notices to e-commerce giants Amazon and Flipkart after it allegedly found that pregnancy te

The Maharashtra Food and Drug Authority (FDA) on Thursday said it has issued notices to e-commerce giants Amazon and Flipkart after it allegedly found that pregnancy termination kits and pills are available for sale on these platforms without prescription.
The Drugs and Cosmetics Act, 1940 prohibits online distribution of such medicines without any prescription, it said in a statement here.
Acting on a tip-off, the FDA placed orders for "medical termination of pregnancy" kits on Amazon, and the order was accepted by some suppliers based in Uttar Pradesh and Odisha, the authority alleged.
A similar case was found with Flipkart, the FDA alleged. The statement did not give any details of the notices. All in all, it "checked" 34 e-commerce portals to see if they sell medicines without prescriptions, the FDA said.

'Master Blaster', Sachin Tendulkar further strengthened his ties with digital entertainment technology company JetSynthesys by pitching in $2 millio

'Master Blaster',&nbsp;Sachin Tendulkar&nbsp;further strengthened his ties with digital entertainment technology company&nbsp;JetSynthesys&nbsp;by pitching in $2 million&nbsp; as investment.&nbsp; JetSynthesys is one of the leading names in the gaming industry and is known for developing mobile games with high fidelity and network play.&nbsp;The company had previously joined hands with Tendulkar to launch two platforms including gaming apps Sachin Saga Cricket Champions, Sachin Saga VR and digital destination for all things cricket, 100MB. JetSynthesys&nbsp; already boats of investors such as Adar Poonawalla,&nbsp;Kris Gopalakrishnan&nbsp;and&nbsp;the promoters of&nbsp;Thermax, Triveni Group.&nbsp;

SoftBank-backed Oyo Hotels & Homes is likely to see an investment coming in from on the world's largest tech companies Microsoft as per unconfirmed reports. So

SoftBank-backed Oyo Hotels &amp; Homes is likely to see an investment coming in from one the world's largest tech companies Microsoft as per unconfirmed reports.&nbsp; Sources have told ET that Microsoft will likely pick up a small stake in Oyo&nbsp;giving the startup a valuation of around $9 billion. Microsoft reportedly will have the option of raising stake in the company as well.&nbsp; Oyo is currently backed by investors such as SoftBank Vision Fund, Sequoia Capital, Lightspeed Ventures, Airbnb and Hero Enterprise.

The US will conduct a rare second lottery for the H-1B visa to decide on the successful applicants. This move which would provide another chance to hundreds of Indian I

The US will conduct a rare second lottery for the H-1B visa to decide on the successful applicants. This move would provide another chance to hundreds of Indian IT professionals who could not make it in the first random selection.&nbsp; In June, the US immigration agency received over 3.1 lakh applications during the initial registration out of which&nbsp;87,500 applicants were selected.&nbsp; The US Citizenship and Immigration Services (UCIS) will start accepting fresh applications from August 2 till November 3, it said in a statement. Online filing is not available for H-1B petitions. Petitioners filing H-1B petitions must do so by paper and must include a printed copy of the applicable registration selection notice with the FY 2022 H-1B cap-subject petition.

The Rs 500-crore Tatva Chintan IPO has seen a blockbuster listing on Thursday with its scrips trading at more than double its issue price. The

The Rs 500-crore&nbsp;Tatva&nbsp;Chintan&nbsp;IPO&nbsp;has seen a blockbuster listing on Thursday with its scrips&nbsp;trading at more than double its issue price.
The IPO,&nbsp;which was offered at a price band of Rs 1,073 to Rs 1,083, was listed with a 90% gain. Tatva&nbsp;Chintan&nbsp;shares moved higher to touch over Rs 2,500 level, minutes after getting listed on the exchanges.
However, with such a stellar listing, concerns about its valuations arise. At the current price, shares of Tatva&nbsp;Chintan&nbsp;has a PE value over 90 times which is against the sector valuation of near 70 times.

July 29 marks the 117th birth anniversary of Jehangir Ratanji Dadabhoy Tata, better known as JRD Tata the longest-serving chairman of Tata group and the founder of

July 29 marks the 117th birth anniversary of Jehangir Ratanji Dadabhoy Tata, better known as JRD Tata&nbsp;the longest-serving chairman of Tata group and the founder of many Tata companies. But he was much more than that JRD was an aviation pioneer, art connoisseur, philanthropist, skier and letter writer.
Corporate social responsibility became a big cornerstone of the Tata Group DNA under JRD&nbsp; with institutes like the Tata Institute of Fundamental Research, the Tata Memorial Hospital, the Tata Institute of Social Sciences, the National Institute of Advanced Sciences and the National Centre for the Performing Arts emerging as vital institutions under his leadership.
Here are some of the lesser known facts about JRD-:
<ul>
<li>He was born in Paris, France</li>
<li>Served the French Military,&nbsp;was revered with the French Legion of Honor, the highest award for military merits.</li>
<li>Did not attend college as he was called back to India to lead the Tata Group</li>
<li>He joined the Tata group in 1925 as an unpaid trainee.</li>
<li>JRD was India&rsquo;s first licensed pilot in 1929.</li>
<li>On his death, the Indian Parliament was adjourned in mourning; an honour not given to Non-Member of Parliament.</li>
</ul>
&nbsp;
&nbsp;

Aviation veteran and former Indigo president Aditya Ghosh will join Rakesh Jhunjhunwala in his new upcoming venture. Ace investor Rakesh Jhunj

Aviation veteran and former Indigo president Aditya&nbsp;Ghosh&nbsp;will join Rakesh&nbsp;Jhunjhunwala&nbsp;in his new upcoming venture.
Ace investor Rakesh&nbsp;Jhunjhunwala&nbsp;is said to be planning to launch an ultra-low-cost airline Akasa, modeled just like Irish carrier Ryanair&nbsp;which is one of the most successful and aggressive affordable airlines in the world.
As per the reports, Ghosh&nbsp;will own somewhere around 10% of the airline.
Rakesh&nbsp;Jhunjhunwala&nbsp;will invest $35 million and would own 40% of the firm as he believes more people will travel through the air going forward.
&nbsp;

Return to office plans for corporate America is taking a back seat as the United States faces a fresh surge of Covid cases and rising vaccine hesitancy in many par

Return to office plans for corporate America is taking a back seat as the United States faces a fresh surge of Covid&nbsp;cases and rising vaccine hesitancy in many parts of the country.&nbsp;Nationwide, the four-week Covid case count has more than doubled from the previous four weeks. This is making companies rework "back to office" plans.&nbsp;
<ul>
<li>Google: Will&nbsp;push back its official office return to mid-October and require workers at its campuses to get vaccinated.</li>
<li>Apple: Back to requiring mask at US retail stores, delays return to office by a month&nbsp;</li>
<li>Facebook: Will require employees to be vaccinated to be able to return to work</li>
<li>Lyft Inc.&nbsp;is now calling&nbsp;employees&nbsp;back in February</li>
<li>Ford Motor is reinstating mask&nbsp;mandates&nbsp;at some of its facilities.</li>
</ul>
Read/Watch Also: <a href="https://www.edtr.ai/9zxn">Masks are back on in the US</a>
As per data available from Kastle Systems almost 35% of U.S. workers were back at their offices as of July 21, vs&nbsp; 29% at the start of June. Finance firms and banks which had asked for employees to return in June are yet to make any changes to in-office staff policy despite the new CDC&nbsp;guidelines to get masks back on.&nbsp;

Oil prices set for biggest decline since 2015

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