Mint Morning Digest: India's GDP growth, EC favour's disqualification of Hemant Soren and much more
Premium- Read top business news, equity market precursors, and economic and banking news updates from India and across the world for 26 August, 2022.
EC favour's disqualification of Jharkhand CM Hemant Soren as MLA: Sources
The Election Commission of India (ECI) has told Jharkhand Governor Ramesh Bais that Chief Minister Hemant Soren should be disqualified as an MLA for violating electoral norms, news agency PTI has reported citing Raj Bhavan sources. Read more here
Stocks to Watch: Syrma SGS, HDFC Bank, IOC, Titan, LIC
Here is the list of top 10 stocks that will be in focus today. Read more here
Elon Musk Vs Twitter: Company's founder Jack Dorsey reveals his 'biggest regret'
Twitter Inc founder and former chief executive Jack Dorsey has said that he regrets the social media platform became a company. "The biggest issue and my biggest regret is that it became a company," Dorsey tweeted in response to a question about whether Twitter turned out the way he had envisioned. Read more here
Supertech's twin tower demolition: Man shares details how blast will take place
Supertech's illegal twin towers which are taller than Qutub Minar are going to be exploded on August 28. Chetan Dutta, the Indian blaster who will press the button that will demolish the Noida's twin towers, located in Sector 93A in nine seconds at at 2:30 pm on Sunday. Read more here
NEET UG 2022 Results to be declared on September 7, answer key on August 30; here's how to download and other details
The National Testing Agency (NTA) will release the results of the National Eligibility cum Entrance Test (NEET 2022) results on 7 September, NTA officials told news agency PTI. Read more here
Monkeypox in India: Heterosexual contact seen in 3 out of 5 cases in Delhi, says ICMR
Three out of the five Monkeypox cases reported in Delhi has shown a history of heterosexual contact, a preliminary study done by Indian Council of Medical Research (ICMR)-National Institute of Virology (NIV), Pune has said. Read more here
India's GDP may have grown in double digits in April-June
The Indian economy may have grown at the fastest pace in a year during April-June, driven by a recovery in contact-intensive sectors, but on a low base, according to a Mint poll of 21 economists. Read more here
Rakuten to hire 1,000 staffers in India over next two years
Japan’s Rakuten Group aims to hire about 1,000 new employees in India over the next two years. The company, which already has around 2,000 employees in India, opened a new office in Bengaluru on Thursday, which is its largest office outside its home base in Japan. The office has a capacity for housing more than 3,000 employees and will operate as a product, engineering, and advanced research facility for the Rakuten Group, under its India arm, called Rakuten India. Read more here
Hero Electric in talks to raise $250mn
Hero Electric Vehicles Pvt. Ltd is in talks with investors, including sovereign funds, for its largest fundraising of around $250 million to expand its capacity to build electric bikes amid fierce competition, two people aware of the development said. Read more here
Freebie ban versus fiscal rules: Go with what works best
Adebate is raging across India over freebies given by various state governments. Freebies are goods and services that governments provide free to all or some of their citizens, such as targeted free electricity, transport or consumer durables, including laptops, bicycles, TV sets, grinders and debt waivers, among others. Read more here
iQoo Z6, Z6x launched with Snapdragon 778G+ SoC and more: Check price, specs
The Chinese smartphone brand iQoo has launched its iQoo Z6 series smartphones including iQoo Z6 and the iQoo Z6x in China on August 25, 2022. Notably these handsets bear no resemblance to the iQoo Z6 handsets released in India earlier this year. Read more here
IMD predicts heavy rain in these states over next 2-3 days. Check weather updates here
As monsoon season continues to lash through the country, the India Meteorological Department (IMD) has predicted heavy rain in several parts of the country in the next two-three days, even as the weather predictions include floods and landslides amid heavy rainfall. Read more here
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