
Small traders stage protest against Flipkart-Walmart deal
- Expected turnout was 1mn traders
- However actual turnout was far lesser as per eye witnesses
Govt unveils Sashakt, a 5-point scheme to tackle bad loans
- For assets >Rs 500cr an AMC will be set up
- Bankers can also setup platform to trade assets
- As of 31st March, bad loans across listed banks stood at >Rs 10 lakh crore
*AMC: Asset Management Company
Federer signs $300mn deal with Uniqlo, after contract with Nike expires
- Uniqlo is a Japanese fashion brand
- Interestingly the contract is for 10yrs which is likely to last well beyond Federer’s retirement
- 132nd edition of Wimbledon commences (2nd July – 15th July)