Business world News

+India's exports rose by 2.14% year-on-year to USD 36.27 billion in July. Imports jumped 43.61% to USD 66.27 billion. As a result, the trade deficit stood at around USD 30 billion.

+India’s industrial growth stood at 12.3% in June, against 19.6% in May.

+India’s Consumer price-based (CPI) inflation eased to 6.71% in July, from 7.01% in June.

+Johnson & Johnson announced that it will stop selling talc-based baby powder globally in 2023.

+Passenger vehicle dispatches to dealers increased by 11% year-on-year in July: SIAM.

Dabur: Amit Burman has resigned as chairman of the company.

Aditya Birla Capital: Abu Dhabi Investment Authority (ADIA) will invest Rs 665 cr in Aditya Birla Health Insurance for a 9.99% stake.

Inox Leisure: commenced operations of 10-screen multiplex in Lucknow.

Tata Motors: has partnered with SBI for EV dealer finance.

Voltas: LIC has increased its stake in Voltas from 4.83% to 6.86%. 

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