Top 14 finance stories of the day, July 3, 2020

Most important financial updates today at a glance:

Intel-Jio deal: US Semiconductor fiant invests Rs 1,894.5 crore in RIL Unit, 12th deal in 11 weeks

Reliance Industries Limited (RIL) on Friday announced that Intel will invest Rs 1894.50 crore for 0.39 per cent stake in Jio Platforms. This will be a historic twelfth investment in the digital arm of RIL within eleven weeks. Read more

Indigo to offer 25% concession on fare to medical workers till 2020 end

On Thursday, no-frill air carrier Indigo announced that it will offer 25% concession on air travel rates to doctors and nurses all through this year as they are leading the fight against the pandemic. "The nurses and doctors will be required to provide valid hospital IDs at the time of check-in as a proof of their identity," said the airline in a release. Read more

Boeing communications chief resigns over decades-old article on women in combat

Boeing Co's communications chief Niel Golightly abruptly resigned on Thursday, following an employee's complaint over an article the former U.S. military pilot wrote 33 years ago arguing women should not serve in combat. Read more

Govt snatching lifeline of poor: Rahul on Rlys inviting pvt players for train operations

Congress leader Rahul Gandhi on Thursday hit out at the Centre over its move to invite private players in passenger train operations, alleging that the government is snatching the lifeline of the poor. Read more

4 tips to help you prepare for the next market crash

The stock markets have been extremely volatile after they fell in March 2020. They somewhat recovered in April 2020 only to fall again in May and are now back to their April levels.  Read more

Can TikTok & other Chinese apps get ban overturned in courts?

Following the Indian government’s surprise announcement that it had blocked 59 Chinese apps in India, the most high-profile among these, TikTok, put out a statement in which they said they had been invited to meet with the government to respond and submit clarifications. Read more

Current strain of COVID-19 raging across the world is more infectious than original: study

The genetic variation of the novel coronavirus that dominates the world today infects human cells more readily than the original that emerged in China, according to a new study published in the journal Cell on Thursday. Read more

Your view: Will you buy Coronil now that it is available?

Yoga guru Baba Ramdev recently announced that the AYUSH Ministry has allowed the sale of Patanjali’s Coronil as an immunity booster across the country. Coronil had sparked off a heated debate after Patanjali claimed that it is a medicine that can fully cure COVID-19 patients. However, the drug has now been positioned as an immunity booster. Now that it is available in the market, will you buy Coronil? Share your views

How much does a used car loan cost? Check the latest interest rates and EMIs

The demand for used cars is growing in India. Many first-time car buyers prefer used cars because these are cheaper, can be financed, and are widely available. Read more

Sensex jumps 178 points, Nifty reclaims 10,600 level

Rising for the third straight session, equity benchmark Sensex jumped 178 points on Friday, tracking gains in Reliance Industries, Bharti Airtel and TCS amid buoyancy in global markets. Regulatory approval to Cadila Healthcare's Zydus for human trials of a potential COVID-19 vaccine too boosted domestic investor sentiment, traders said. Read more

20 useful government apps you must have!

India’s ban on 59 Chinese apps apps has caused a huge furore across both nations, and caused a huge dent in the Chinese digital space. Read more

A peek into palaces of India: The majestic Mysore palace

With travel & tourism hit irreparably in India, the only hope travel enthusiasts have of discovering new places and learning about the history and culture of the country is to discover them virtually. Here’s a closer look at one such historical palace which is a favourite tourist attraction. Gallery

India's richest man takes on Zoom

India’s Reliance Jio Platforms, which recently concluded a $15.2 billion fundraise run, is ready to enter a new business: Video conferencing. Read more

I took 7 flights on all the largest US airlines in June. Here's what it's like to fly in America right now.

“I've flown on over 100 flights in the two years prior to this pandemic and my first flights back in the air were unlike any I've taken before.” Read more