Decoded: The what and why of RBI's currency swap move

What's up with Mindtree

Long-drawn battle with L&T may hurt Mindtree: Analysts

If the process drags on and generates substantial bad press, it can affect future growth of the company, says Everest Research CEO.

• Consider L&T Offer, Mindtree board tells promoter group
• How Mindtree became the object of a hostile takeover battle

Jet Crisis

Jet Airways pilots look to board SpiceJet as crisis worsens

Jet pilots were earlier wooed by IndiGo with compensation for their pending salaries and other benefits.

• SBI asks Goyal, 3 others to step down from Jet board
• India said to tap indebted Jet’s rivals to take over planes

Happy Holi!

Capture all the fun this Holi with these phones

Water splash and throwing Holi colours will look the best when shot on "Slo-mo" video.

• Add spice and punch to your Holi party with these delicious cocktails
• Played a colourful Holi? Your skin & hair will thank you for this

Startup World

Relief for nearly 100 startups from Angel Tax

The CBDT has given some 90 startups an assurance and registered them for Startup India Action Plan.

• Fintech startups at the receiving end of irate loan applicants
• Robots help Flipkart sort packages to streamline supply chain

Telecom talkies

India's Huawei unease is now getting serious

Huawei is under global scrutiny. Indian telcos say they can't take any risk when stakes are this huge.

• Telcos plan to use AI, data analytics to make networks smarter
• Voda Idea rights issue at Rs 12.50 apiece

Defence

China has responsibility to not shield Pakistan: US

The Trump administration's view on China's decision on Masood Azhar came as Germany initiated a move at the European Union to list the JeM leader as a global terrorist.

• Recruit 100 women a year in Corps of Military Police: MoD
• Defence Acquisition Council clears procurement plan of over Rs 2,000 crore

Interesting Slideshows

Europe's first underwater restaurant opens in Norway

A full 18-course meal, based on local ingredients and seafood, can cost up to 3,700 crowns ($430) per person including drinks.

• Not so fantastic: Can Japan end its love affair with plastic?
• Killed, orphaned, sold: Afghan war takes brutal toll on children

Industry insider

For biscuit cos, this is how the cookie crumbles post GST

Leading biscuit makers say unbranded, GST non-compliant outfits are grabbing market share by offering higher retail margins, lower price points.

• Reliance selling fuels from India to Venezuela to avoid U.S. sanctions
• This new EV will go the extra mile for your safety

What next for Nirav Modi

Why Nirav's extradition may move faster than Mallya's

The evidence of 'cheating' and 'money laundering' are stronger in his case—something which fulfils the 'dual criminality' clause required in such cases in the UK.

• From plastic surgery to citizenship of Vanuatu: Nirav Modi planned it all
• Nirav Modi to be held in one of England's most overcrowded jails

Jobs & Visa

300% jump in 2 years in Indians 'buying' green card

The number of Indians getting investment linked EB-5 visas in the US, also known as 'cash for green card', has risen nearly four-fold in the past two years.

• There's good news for Indians with US job offers
• Australia to slash annual permanent migrant intake

Poll Watch & Social Media

Social media companies agree to ‘code of conduct’

Voluntary code enforced; cos to have 3 hours to remove content flagged by EC in silent period before voting.

• #MainBhiChowkidar: Cong to enter social media campaign arena next week
• Store EVMs in government buildings only: EC’s advisory

Global News

Confusion, then prayer, in cockpit of doomed Lion Air jet

“God is great,” Harvino, an experienced Indonesian aviator, said, then recited a verse asking God to grant a miracle. But there was no miracle October 29, 2018.

• New Zealand bans assault weapons less than a week after massacre
• Indian-American Neomi Rao sworn in as judge of powerful DC court

CPSE ETF anchor subscription oversubscribed

The fifth tranche of CPSE ETF managed by the Reliance Mutual Fund anchor book was oversubscribed by 5.78 times against anchor base issue size of 1,050 crore.

• Where should I invest Rs 30 lakh for 15 years?
• Bond market throws up arbitrage opportunity

CPSE ETF FPO kicks off: Should you subscribe?

The issue received an overwhelming response from 16 anchor investors.

• Goldman Sachs upgrades India to ‘overweight’, sees Nifty at 12,500
• Best arbitrage mutual funds to invest in 2019

Investors should always have gilt funds in their portfolio, says Prashant Pimple of Reliance MF

Gilt funds are suitable for investors with absolutely no appetite for credit risk and with willingness to stay invested for three to five years .

• A mutual fund for investing in real estate
• Aditya Birla MNC Scheme: Fund review

Will these mutual funds help me to create a corpus for my child?

If you have any mutual fund queries, message on ET Mutual Funds on Facebook. We will get it answered by our panel of experts.

• ELSS or insurance: which is the best tax-saving option under Section 80C?
• Prospect of political stability and earning growth driving funds to India: Rupesh Patel, Tata AMC