A look at the headlines right now:

  1. Businesses with turnover of up to Rs 20 lakh will be exempt from GST, says Arun Jaitley:However, the limit for companies from the seven states in the North East will be Rs 10 lakh, the GST Council decided.
  2. India, France sign €7.87-billion Rafale fighter jets deal: According to the agreement, India will also get spare aircraft, Meteor missiles and other weaponry from France’s Dassault Aviation, which makes the planes.
  3. Centre appoints three academics to Monetary Policy Committee: The panel, headed by RBI Governor Urjit Patel, will decide on the central bank's benchmark interest rates to keep inflation in check.
  4. Yahoo confirms data breach of 500 million users, believes it was a state-sponsored cyber attack: The company has urged users to change their passwords and security questions and said it is taking measures to prevent unauthorised access to information.
  5. Supreme Court agrees to consider Subrata Roy's 'apology' for his lawyer's misconduct: This comes hours after the bench refused to extend the Sahara chief's parole after his advocate's arguments angered them.
  6. India asks Brics nations to help meet its domestic demand for pulses: Agriculture minister Radha Mohan Singh said the country was facing a shortfall in its production of pulses and oilseeds.
  7. Japan and South Korea to give India's seafood sector an investment boost, says commerce minister: The Union minister said the countries want to invest in value addition of Indian seafood products.