quick reads

The business wrap: Fitch Ratings warns against uncertain gains of note ban, and 7 other top stories

In other headlines: Flipkart replaced Binny Bansal with Kalyan Krishnamurthy as its CEO, and Yahoo will rename part of the company not being sold to Verizon.

A look at headlines in the sector right now:

  1. Short-term pains of demonetisation might outweigh uncertain long-term gains, says Fitch Ratings: The currency ban was a ‘one-off event’, and those who operate in the shadow economy will still be able to use the new notes, the agency said.
  2. In another shake up, Flipkart replaces Binny Bansal with Kalyan Krishnamurthy as CEO: Co-founder Sachin Bansal will continue to remain the executive chairman of the e-commerce company.
  3. Yahoo will rename part of the company not being sold to Verizon: CEO Marissa Mayer and five other directors will resign from the board after the sale.
  4. Proposal to approve Rs 2,000 note reportedly made in May 2016, no talk of demonetisation then, says RBI: The apex bank has also said that the decision to ban Rs 500 and Rs 1,000 notes was proposed by the Centre, and not by them.
  5. Ratan Tata had asked Cyrus Mistry to resign after ‘no signs of improvement’ under his chairmanship: In a 204-page affidavit filed at the National Company Law Tribunal, Tata Sons said Mistry was ousted after a chain of events that led to a trust deficit.
  6. Over Rs 3 lakh crore of tax-evaded income deposited during 50-day demonetisation window: An Income-Tax Department official told PTI that the data was being verified and notices would be sent to suspected tax evaders.
  7. Sensex climbs 173 points, Nifty ends over 8,200 mark: Oil and gas, auto, PSU and banking stocks saw the highest gains on the BSE index.
  8. Narendra Modi inaugurates BSE’s new international exchange in Gujarat: The Bombay Stock Exchange is planning to invest Rs 500 crore for trading and clearing at the exchange.
We welcome your comments at letters@scroll.in.
Sponsored Content BY 

Children's Day is not for children alone

It’s also a time for adults to revisit their childhood.

Most adults look at childhood wistfully, as a time when the biggest worry was a scraped knee, every adult was a source of chocolate and every fight lasted only till the next playtime. Since time immemorial, children seem to have nailed the art of being joyful, and adults can learn a thing or two about stress-free living from them. Now it’s that time of the year again when children are celebrated for...simply being children, and let it serve as a timely reminder for adults to board that imaginary time machine and revisit their childhood. If you’re unable to unbuckle yourself from your adult seat, here is some inspiration.

Start small, by doodling at the back page of your to-do diary as a throwback to that ancient school tradition. If you’re more confident, you could even start your own comic strip featuring people in your lives. You can caricaturise them or attribute them animal personalities for the sake of humour. Stuck in a boring meeting? Draw your boss with mouse ears or your coffee with radioactive powers. Just make sure you give your colleagues aliases.

Pull a prank, those not resulting in revenue losses of course. Prank calls, creeping up behind someone…pull them out from your memory and watch as everyone has a good laugh. Dress up a little quirky for work. It’s time you tried those colourful ties, or tastefully mismatched socks. Dress as your favourite cartoon characters someday – it’s as easy as choosing a ponytail-style, drawing a scar on your forehead or converting a bath towel into a cape. Even dinner can be full of childish fun. No, you don’t have to eat spinach if you don’t like it. Use the available cutlery and bust out your favourite tunes. Spoons and forks are good enough for any beat and for the rest, count on your voice to belt out any pitch. Better yet, stream the classic cartoons of your childhood instead of binge watching drama or news; they seem even funnier as an adult. If you prefer reading before bedtime, do a reread of your favourite childhood book(s). You’ll be surprised by their timeless wisdom.

A regular day has scope for childhood indulgences in every nook and cranny. While walking down a lane, challenge your friend to a non-stop game of hopscotch till the end of the tiled footpath. If you’re of a petite frame, insist on a ride in the trolley as you about picking items in the supermarket. Challenge your fellow gym goers and trainers to a hula hoop routine, and beat ‘em to it!

Children have an incredible ability to be completely immersed in the moment during play, and acting like one benefits adults too. Just count the moments of precious laughter you will have added to your day in the process. So, take time to indulge yourself and celebrate life with child-like abandon, as the video below shows.


This article was produced by the Scroll marketing team on behalf of SBI Life and not by the Scroll editorial team.