1. -:Acknowledgement:- Business Standard The Economic Times The Financial Express ….. and many more

2. The news related to economy, their key persons and business, focusing SMEs and are covered.
The futuristic views or opinions of government officials are usually not incorporated; however a reputed institution’s independent views are well received.
Impact of business policy initiation, notification, circulars or govt. reports is given preference.

3. Ipson Global Research Firm has identified that Google, Facebook, Gmail, Microsoft, Samsung, WhatsApp, Flipkart, Amazon, SBI, Airtel, on the parameter of most influential brands in India.

4. India has attracted USD 63 billion greenfield FDI which overtook USA with USD 59.6 billion and China with USD 56.6 billion.

5. Government withdraws new PF rules
Government withdraws new PF rules. Now workers are allowed to withdraw the entire amount from the PF as per the existing provisions of EPF Scheme 1952, including the employer's share of 3.67%.

6. W.e.f 01/08/2016, withdrawals will now be allowed for the following purposes for yourself and other family members. whole list:
Housing needs of the EPF account holder
Medical expenses for serious dieses
Marriage of the account holder’s children
Professional education of the account holder’s children (engineering, medical and dental)

7. Over 1 crore LPG users waived their subsidy
Over 1 crore LPG users waived their subsidy. In the previous year, this has led to save Rs. 30,000 crores on fuel.

8. Vijay Mallya in an affidavit told to Supreme court that his collective family assets abroad are amounted to Rs. 780 Crores. He need not disclose his income nor his family members as they are NRIs. Government issued arrest warrant, Passport revoked.

9. Nuvo Logistics owned Haryana based PapperTap has closed its online grocery business. It had 1000 employees on its roll. It was backed by $ 50 Million funding by Sequoia. Its rivals BigBasket with $ 150 Millions and Grofers with $ 120 Millions were also shut down recently.

10. PHD Chamber of Commerce has announced that India’s economy is likely to clock nearly 8 per cent growth in the current fiscal on the back of robust private consumption due to lower fuel prices and higher real income.

11. RBI governor who said recently that India stands at 'bright spot in a rather gloomy global economy' "a one-eyed being king among blind" earns Rs. 1,98,700 per month.

12. Thank you….
See you next week!