In a first, RBI comes out openly to protect declining rupee against dollar; what this means & more

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ECONOMY   In a first, RBI comes out openly to protect declining rupee against dollar; what this means   In an unprecedented move, the central bank has announced a slew of measures to stem the depreciation of the rupee. Here's a lowdown on what the measures can mean.

REAL ESTATE   Real estate sector facing difficult times again, warns Knight Frank India   The surging cost of living and rising cost of home loans may reduce homebuyers' affordability significantly in coming days, a top executive from Knight Frank today said.

AVIATION   DGCA issues show cause notice to SpiceJet on aircraft issues; incidents from Apr 1 to be reviewed   DGCA also ordered that the airline has to revert to the notice within 3 weeks of receipt and explain the grounds on which it should be exempt from any regulatory action.

RETAIL   Reliance partners with Gap, to launch the iconic American fashion brand in India   Through a combination of exclusive brand shops, multi-brand store expressions, and e-commerce platforms, Reliance Retail will introduce Indian consumers to Gap's fashion offerings.

JOBS   61% firms plan to hire more in the current quarter, up from 54% in April-June: TeamLease study   The jump indicates a buoyancy in the jobs market as companies emerging from the Covid slump have been scouting for talent. Opportunities have opened up in a big way especially in areas with a high degree of digital and technological quotient.

REAL ESTATE   Here's what Zerodha founder Nithin Kamath has to say about investing in real estate   Founder and CEO of online broking platform Zerodha Nithin Kamath has talked about investing in real estate in a series of tweets. Here's more.

TECHNOLOGY   Here's why Indian diagnostic companies are investing heavily in AI-powered platforms   Indian diagnostic sector is witnessing an increased investment in Artificial Intelligence (AI)-driven technologies. Majority of diagnostic companies are either collaborating with health technology companies or adopting technology innovations to scale up their services.

CORONAVIRUS   COVID-19 precaution dose gap reduced to 6 months from 9: Govt   "Corresponding changes have been made in the CoWIN system to facilitate the new dispensation," govt stated.

MAGAZINE   How much India needs to spend to get to net zero   To achieve its net-zero emissions target by 2070, the Indian economy would require investments worth more than $10 trillion. But what will the return on this investment look like?

NEWS REEL   Service charge is now voluntary, optional for consumers   In a major relief for consumers, the government has issued guidelines to bar hotels and restaurants from levying service charges...So, next time a hotel or restaurant adds a service charge to your bill, don't pay the extra amount, rather you can file complaints in case of violation of the guidelines...Watch here.

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