Klips for 2nd Sept

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

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