World 🌎| US, China tariffs kick in
- Goods worth ~$200bn will face new tariffs or an increase in the existing rate
Reuters: https://reut.rs/2ZpWkiB
HK protests get more violent, cause major disruptions at airport
- High-speed train services to the airport had to be cancelled
Bloomberg: https://bloom.bg/2LdEVkz
National 🇮🇳| 5 states get new Governors
- Bhagat Singh Koshyari has been appointed as Governor of Maharashtra
Livemint: http://bit.ly/2ZJR8kZ
Economy & Business 💰| Tax filers up 4%, many file returns at 11th hour
- There are only 74mn direct tax payers in the country
Manmohan Singh blames ‘man-made blunders’ of Demonetisation and GST implementation for slowdown
- Says the country in set for a prolonged period of slowdown
- He urged the govt to ‘engage thinking minds and shun vendetta based politics to take the economy out of the mad-made crisis’
Hindu: http://bit.ly/2Ldfpfg
M&M to buy 55% stake in Meru
- It will pay ₹103cr for the stake
- M&M said that Meru is the only profitable and cash positive cab company in India
Livemint: http://bit.ly/2ZF1DGl
Interesting: Telegram’s role in HK protests
- Telegram will roll out a feature that will allow users to mask their phone numbers
Reuters: https://reut.rs/2ZJOQ5c
🗣Opinion: With Assam NRC, the truth is also out – it was a pointless exercise all along
- Well written piece on how this gives the BJP a dangerous tool
- ‘But the exclusion list isn’t full of Muslims, as it hoped, but Bengali Hindus, Nepalis and more’
Print: http://bit.ly/2jPJTsL
Opinion: The mystery of India’s shrinking consumption story
- Two important aspects of the headline number – the sobering rural demand and the structural + cyclical nature of the slowdown
Livemint: http://bit.ly/2jM6hmO
