Business Standard - July 22, 2022
Business Standard - July 22, 2022
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In this issue
July 22, 2022
Droupadi Murmu elected President
Gets more than 70% of the votes cast; first tribal woman to occupy the highest office
ED quizzes Sonia for 2 hrs in National Herald case
Cong chief summoned again on July 25; party stages protests across country
EU heaves sigh of relief as Russia restarts gas supply
MOSCOW WANTS MORE UKRAINE TERRITORY: RUSSIA FOREIGN MINISTER | RUSSIA SAYS UKRAINIAN DRONE STRUCK NUCLEAR PLANT BUT CAUSED NO DAMAGE
Tesla ends streak of record profits, sells most Bitcoin
Tesla on Wednesday reported a smaller-than-expected drop in quarterly profit, helped by a string of price increases for its cars, which Elon Musk later said were "embarrassingly high" and could hurt demand.
China fines Didi $1.2 bn for illegally collecting users' data
China fined Didi Global more yuan than 8 billion ($1.2 billion), wrapping up a year-long probe into the ride-hailing giant that's come to symbolise Beijing's bruising campaign to rein in its powerful internet industry.
At 50 basis points, ECB's rate hike higher than expected
Euro zone central bank's first rate hike in 11 years confirms that concerns about runaway inflation now trump growth considerations
Expedition 2024: Analysts see Sensex scaling Mt 85K, Nifty 25K
Current market volatility and intermittent corrections notwithstanding, technical analysts see the Sensex hit 85,000 levels and the Nifty50 25,000 in 2024. This translates into an upside of nearly 53 per cent and 51 per cent, respectively, for these indices (from the current levels).
THE SURPRISINGLY LOW NUMBER OF EMPLOYED WOMEN GRADUATES
The share of those without work is larger among women than men, and the disparity is telling in some states
UPI rides out the first wave of expansion
Payment failures rose only marginally after RBI implemented its mandate on recurring payments, suggesting that the system should be able to handle the transition to tokenisation too
New hurdles in Facebook's India growth
On February 2, when Meta Platforms reported Facebook's first-ever quarterly drop in daily users, its finance chiefidentified higher mobile data costs as a unique obstacle slowing growth in India, its biggest market.
Business Standard Newspaper Description:
Publisher: Business Standard Private Ltd
Business Standard is India's leading business daily.
A preferred choice of serious business readers, Business Standard is acknowledged as a quality leader.
Business Standard stands for reporting that stresses accuracy and credibility, commentary that is informed, independent and fair, and journalism that is rooted in ethical conduct and defined by a sacrosanct bond with the reader. All Business Standard journalists sign on to a code of conduct that is available on the website.
Business Standard's editorial team is led by Shyamal Majumdar.
The English newspaper is published from 12 centers - New Delhi, Mumbai, Kolkata, Bengaluru, Chennai, Ahmedabad, Hyderabad, Chandigarh, Lucknow, Pune, Kochi and Bhubaneswar. It is also printed from Bhopal.
The Hindi Business Standard is published from eight centres - New Delhi, Mumbai, Kolkata, Patna, Lucknow, Bhopal, Chandigarh and Raipur.
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