#Economy

.New Delhi, Delhi, India
Reserve Bank of India Governor Shaktikanta Das addressing the media. (Photo credit: PTI)

  • The committee will finalise the bi-monthly monetary policy
  • RBI Governor Shaktikanta Das will unveil the resolution of the Monetary Policy Committee on Friday
  • Experts believe the committee might opt for a status quo on interest rate

.New Delhi, Delhi, India
The new airlines will be named 'Akasa.' (Representational/Pixabay)

  • Akasa is likely to be launched by the end of this year or early next year
  • Jhunjhunwala will invest $ 30 million in Akasa
  • He will own 4% stake in the venture

.New Delhi, Delhi, India
New banking rules will be applicable from August 1. (Photo Credit: Representational Image/Pixabay)

  • ATM cash withdrawal fee increased from Rs 15 to Rs 17
  • IPPB's customers, who use doorstep services, will have to pay additional charges
  • NACH transactions now available on all days of the week

.Mumbai, Maharashtra, India
This IPO also consists of a fresh equity issue of Rs 1,060 crore. (Photo Credit: Representative Image/Pixabay)

  • The IPO's price band for share sale has been fixed at Rs 695-720 per equity share
  • Investors can bid for a minimum of 20 equity shares
  • Glenmark Life Science is the subsidiary of  pharmaceuticals giant Glenmark

.New York, NY, USA
Wall Street rates experienced a collective push on Monday. (Photo Credit: Representative Image/Unsplash)

  • Dow Jones gained 0.2% to close at 35,144.31
  • S&P 500 climbed 0.2% while Nasdaq advanced less than 0.1%
  • This week's schedule includes reports on consumer confidence and durable goods orders

Mexico Economy Minister Tatiana Clouthier met US officials. (Photo Credit: Twitter/@tatclouthier)

  • The disagreement revolves around duty-free treatment of cars manufactured in North America
  • The requirements were established under the US-Mexico-Canada Agreement
  • Clouthier met on Thursday with US Trade Representative Katherine Tai to discuss the issue

.Washington D.C., DC, USA
Treasury Secretary Janet Yellen. (Photo Credit: AFP)

  • US government is set to hit the limit on August 1
  • Treasury will have to exercise "extraordinary measures" if Congress doesn't act
  • The national debt as of the end of June was $28.5 trillion

.Gurugram, Haryana, India
Zomato's co-founder and CEO Deepinder Goyal (Photo Credits: Twitter/DeepinderGoyal)

  • Deepinder Goyal posted a letter on Zomato's blog
  • In the letter, he thanked his investors and counterpart companies
  • The letter was titled as 'Letter from Deepi'

.New York, NY, USA
Apple gained 2.6%, and Microsoft rose 0.8%. (Photo Credit: AP/PTI)

  • Dow Jones Industrial Average closed 1.6% higher at 34,511.99
  • Nasdaq Composite Index gained 1.6% to finish at 14,498.87
  • The broad-based S&P 500 climbed 1.5% to hit 4,323.06

.Mumbai, Maharashtra, India
. Photo Credit: Twitter/@ANI)

  • The BSE index was trading 201.61 points or 0.38% lower at 52,351.79 in initial deals
  • The broader NSE Nifty fell 58.45 points or 0.37% to 15,693.95
  • HCL Tech was the top loser in the Sensex pack, shedding over 2%