- Modi government has finally dropped the big Kashmir bomb today, with Home Minister Amit Shah moving to revoke two key constitutional provisions — Article 370 and Article 35(A) — that give the state of Jammu & Kashmir a host of special rights.
- Gold prices jumped more than 1% to their highest in more than six years on Monday, as the escalating trade war between the United States and China along with global growth worries drove investors towards safe-haven assets.
- Reliance Industries (RIL) Chairman Mukesh Ambani saw his wealth rise by $2.94 billion during the year. The owner of the world’s largest and most refinery complex in Jamnagar was worth $47.3 billion on July 30, 2019. The stock is up over 2 per cent year to date, but it has been on a falling spree for past 10 sessions.
Wipro’ Azim Premji gained the most, among Indian billionaires, with his wealth soaring by $3.06 billion on year to date basis. His net worth stood at $20.4 billion at as of August 2. Shares of WiproNSE -0.63 % advanced around 6 per cent this year.
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