Klips for 29th June

Rupee breaches 69 to dollar Source: Mint

Rupee breaches 69, at all time low

  • Settles at 68.79 after reaching low of 69.09
  • Has depreciated 7% this year and is worst performing Asian currency
  • Fund flows out of India, monetary tightening in US, are primary reasons for fall

Pvt plane crashes in Mumbai, 5 killed

  • Plane crashes into construction site near Ghatkopar
  • Belonged to UY Aviation, originally bought by UP govt
  • Interestingly, plane had crashed previously in Allahabad and has had history of incidents

Trump-Putin summit in Helsinki on 16th July

  • Summit one day after WC finals (15th July)

Amazon buys PillPack for ~$1bn, gets into online pharmacy

Opinion: 2+2 Dialogue – The deepening discontent


Opinion: Listening In: Govt monitoring social media chatter


Interesting: Money parked by Indians in Swiss banks rose over 50% to ₹7000 crore in 2017


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