Klips for 28th Aug

World 🌎 | 🗣Pak says may close airspace to India
– The airspace was only recently opened in July after its closure following Balakot air strikes
– Airlines needed to take a far longer route which cost them millions of dollars
Reuters: https://reut.rs/30FpbMv

National 🇮🇳 | PMO note on NHAI only suggestion, will continue to build roads: Gadkari
– The PMO last week had said that NHAI should no longer construct roads, but become an AMC
Livemint: http://bit.ly/2U8yWjE
#AMC: Asset Management Company
#NHAI: National Highway Authority of India

Ram Setu was build by Indian engineers: HRD minister at IIT convocation
– The remarks were made by Union HRD Minister Ramesh Pokhriyal Nishank at IIT Kharagpur
Hindu: http://bit.ly/2ZorIxl
#Some of the minister’s other thoughts on our history & education are worth listening to: http://bit.ly/30OSdtj (Prime Time with Ravish Kumar)

Economy & Business 💰 | HUL reduces prices of Lifebuoy, Lux in sign of weak demand
– For some packs prices were reduced by 20-30% while the minimum reduction was 4-6%
– Interestingly, prices of face washes were increased 4-14%
– Lifebuoy is the highest selling soap across homes in India
Livemint: http://bit.ly/343Cici

Opposition hits back at govt over RBI’s ₹1.76 trillion payout, term it as ‘stealing from RBI’
– Rahul Gandhi tweeted:’It’s like stealing a band-aid from the dispensary and sticking it on a gunshot wound’
Livemint: http://bit.ly/342F8hR

Opinion: A Rainy-Day Giveaway From India’s Central Bank
Bloomberg: https://bloom.bg/2ZuIivw

🗣Interesting: Explainer – Why the RBI approved a record Rs 1.76 trillion transfer to the Modi government
– A small explainer by Scroll on the What, Why and How of RBI’s transfer to the govt
Scroll: http://bit.ly/2Zv6EVO

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