Mint Morning Digest: Q1 GDP forecast, Tata Motors acquisition, JEE key results and more

India’s plan to expand its corporate bond market is hitting an unexpected hurdle as the regulator plans to tighten control over trading platforms that allow investing in corporate debt with just a few clicks. Learn more here

JEE Mains 2022: Session 2 Exam Result, Check Here

The National Testing Agency (NTA) has declared the result of the Joint Entrance Examination Mains 2022 (JEE Mains 2022) for the Session 2 exam today, August 8th. – Learn more here

Banks will remain closed for 6 days this week. Check out the full list here

If you have important bank-related jobs, plan them accordingly with the holidays in mind this week. Banks will remain closed for six days in some cities due to various public holidays. Public holidays are different for each state, however, there are days when banks are closed across India. Learn more here

Commonwealth Games 2022 Day 11: Full India program details here on closing day

With Indian athletes winning 55 medals – 18 gold, 15 silver and 22 bronze – at the 2022 Commonwealth Games, the country is now among the top five countries in terms of medal count. PV Sindhu, Lakshya Sen and men’s doubles pair Satwiksairaj Rankireddy and Chirag Shetty will play in the finals in their respective badminton events. PV Sindhu will face world No. 13 Michelle Li of Canada in the final on Monday, while Lakshya Sen will face Malaysian commuter Tze Yong NG in the men’s singles final. Learn more here

Opening soon: route from Delhi to Kashmir, including the highest railway bridge in the world

The Central Government and Indian Railways will soon open the Delhi to Kashmir railway for public travel as the project is nearing completion and the railway bridge over the Chenab River in Reasi district on the Delhi railway line Baramulla is also nearly complete. Learn more here

Tata Motors EV Subsidiary Acquires Ford’s Sanand Plant for 726 crore

Tata Motors said on Sunday that its subsidiary Tata Passenger Electric Mobility Ltd (TPEML) has signed a Unit Transfer Agreement (UTA) for the acquisition of Ford India’s manufacturing plant at Sanand in Gujarat for 725.7 crores. Learn more here

Economists expect India’s GDP growth of 12.5-15% in Q1

India’s economy is expected to have seen double-digit growth in the first quarter of the current fiscal year, supported by a strong recovery in consumption and a recovery in the services sector, and a weak base, economists said. With forecasts of between 12.5% ​​and 15%, economists said private investment had yet to fully recover and rising interest rates driven by tighter monetary policy could pose a challenge. for additional investment in manufacturing, while high inflation would keep corporate margins under pressure. Learn more here

Fast charge pilot exhibitor for electric three-wheelers

Bengaluru-based Exponent Energy, backed by the family office of Hero MotoCorp Chairman and CEO Pawan Munjal, will launch the world’s fastest-charging electric three-wheeler, manufactured by last-mile transportation company Altigreen. Learn more here

Shell Lubricants to sell battery coolants for electric vehicles in India

Lured by the electric vehicle game in India, global energy giant Shell Inc.’s Shell Lubricants subsidiary will launch EV motor fluids tailored to climatic and geographical conditions. Learn more here

Trading Segment Leads GAIL in Q1, but Russian Gas Supply Worries

Short-term uncertainties over supplies from Russia are causing markets to be cautious despite GAIL India Ltd reporting strong numbers for the quarter ending June. The stock continued its descent and closed down 5.17% on Friday. Learn more here

States flag budget challenges at NITI Aayog meeting

Heads of state signaled their budgetary difficulties during the NITI Aayog board meeting chaired by Prime Minister Narendra Modi on Sunday, even as the central government sought cooperation from states to resolve issues related to the agriculture and education. Learn more here

SBI hopes rising yields will spur companies to look to banks

The State Bank of India (SBI) is counting on renewed corporate interest in borrowing as rising bond yields make market borrowing more expensive. With the interest rate cycle turning around due to soaring inflation, bond yields have tightened in recent months, driving up overall corporate borrowing costs in the debt market. Learn more here

Automakers roll out discounts to boost sales as holiday season approaches

Passenger vehicle makers are preparing to calibrate production and offer discounts ahead of the holiday season, at a time when increased production has led to increased inventories at dealerships. Learn more here

How to Evaluate and Select an Asset Manager

With the spread of portfolio management services (PMS) and alternative investment funds (AIF), investors are spoiled for choice. Currently, there are over 365 portfolio managers and 900 AIFs registered with market regulator Sebi, and this number is growing at an exponential rate. Learn more here

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