Read on Twitter
The Union Cabinet approved a new National Education Policy (NEP 2020). The allocation for education has been increased from 4% to nearly 6% of the GDP.
What do you think of the new policy?
Read about NEP 2020 and other important developments in business & finance
What do you think of the new policy?Read about NEP 2020 and other important developments in business & finance
From changes in medium/language of instruction in early education, to encouraging foreign universities to set up campuses in India, the NEP 2020 hopes to bring about sweeping changes.
Read the details -> https://www.hindustantimes.com/education/new-education-policy-2020-live-updates-important-takeaways/story-yYm1QaeNyFW4uTTU3g9bJO.html
Bonus: Is India the edtech capital of the world?
Read the details -> https://www.hindustantimes.com/education/new-education-policy-2020-live-updates-important-takeaways/story-yYm1QaeNyFW4uTTU3g9bJO.html
Bonus: Is India the edtech capital of the world?
Turbulence ahead?
Indigo, India's largest airline, reported its steepest loss in 5 years. In hopes to reverse the damage done by the pandemic, Indigo plans to raise ₹2000cr by leasing out its planes and other assets. https://www.ndtv.com/business/indigo-news-indigo-to-raise-at-least-rs-2-000-crore-via-leaseback-of-planes-other-assets-2270989
Indigo, India's largest airline, reported its steepest loss in 5 years. In hopes to reverse the damage done by the pandemic, Indigo plans to raise ₹2000cr by leasing out its planes and other assets. https://www.ndtv.com/business/indigo-news-indigo-to-raise-at-least-rs-2-000-crore-via-leaseback-of-planes-other-assets-2270989
ByteDance or song & dance? The unfolding drama of TikTok continues. A looming ban in the US and a possible takeover bid is in the works. @ElanaLyn writes about this in @Forbes https://www.forbes.com/sites/elanagross/2020/07/29/a-reported-takeover-bid-values-tiktok-at-50-billion/#2b5be3ff3a5c
Interesting Read Valued at over $1.5 trillion, Amazon is amongst the most influential companies in the world. Jeff Bezos' vision has been the primary driver.
This fantastic thread tells the early story of Amazon's founder. https://twitter.com/mario_gabriele_/status/1288889939401363456
To delist its shares from the bourses, Vedanta has to buy out the existing minority shareholders. To finance this stock purchase, Vedanta is seeking loans worth $3.25bn, an increase of more than $500mn from its previous ask. https://www.bloombergquint.com/markets/vedanta-seeks-to-boost-size-of-delisting-loan-to-3-25-billion
Bonus ReadBenjamin Graham is popularly known as the father of Value Investing. This article outlines the history and developments in the field and how Ben Graham thinks about Value investing. https://fundamentalfinanceplaybook.com/histories/what-is-value-investing/
Words of wisdom by Benjamin Graham, "Investors should purchase stocks like they purchase groceries, not like they purchase perfume"
Our Daily Brief thread on Twitter (see above) 
gives you the most important news in business and finance.
Do you find it useful? Let us know by tweet to us.
gives you the most important news in business and finance.Do you find it useful? Let us know by tweet to us.
