A look at the headlines in this sector right now:

  1. Sensex closes 213 points up, Nifty at 9,859 ahead of RBI monetary policy review: However, shares of Anil Ambani’s Reliance Communications ended at an all-time low after the company called off its merger with Aircel.
  2. Fitch Ratings cuts India’s GDP forecast for 2017-’18 to 6.9%: However, the agency expects economic growth, which slowed in the April-June quarter, to pick up in the second half of the financial year.
  3. Google scraps policy that made it mandatory for publishers to offer three free articles a day: Websites that use a paywall now have the freedom to decide how many articles non-paying visitors can have access to.
  4. RBI will begin to print new Rs 100 notes in April 2018: Unidentified officials said the redesigned currency will start being printed after presses finish with the new Rs 200 bills by March 2018.
  5. Britain’s Monarch Airlines collapses, one lakh tourists stranded abroad: The company’s finances deteriorated in 2016, after security concerns deterred travel to Tunisia, Turkey and Egypt.
  6. Divisive ads reached 10 million people before and after US presidential elections, says Facebook: The social media company submitted more than 3,000 advertisements, that were paid for by a Russian agency, to the United States Congress on Monday.
  7. Ola raises $2 billion in funding from SoftBank, Tencent Holdings: Unidentified officials said the latest round of also financing included a venture capital fund run jointly by Ratan Tata and the University of California’s investment arm.