Bitcoin, the world’s largest cryptocurrency, has climbed a three-and-a-half-month high to trade above $50,000 in what seems to be a broader revival from the rout in May. The Reserve Bank of India (RBI) is monitoring the recently announced tie-up between Google Pay and Equitas Small Finance Bank.Indian equity benchmarks surged to record highs for yet another day on Monday with the Nifty50 index crossing the 17,350 mark. For all these stories and everything in between, here are some top news of the day.

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FDI, FPI flows are strong for the first time, says Citi South Asia

Bond prices and the rupee have been rallying for the past 3 weeks and since the Jackson Hole speech, bond yields have fallen by 10 basis points to 6.15 percent. The rupee is the best-performing currency from August 1 to September 4, compared to many Asian emerging market currencies. “If you look at the currency, the flows in India have been quite strong across FDI, FPI, both debt and equity for the first time. But in general, we have seen reasonably consistent strong flows, the amount of money coming into the private equity spaces and private deals are also quite strong. The FDI flows are strong so overall," Badrinivas NC, Head-Markets & Securities Services of Citi South Asia told CNBC-TV18. Catch the entire interview here.

SC slams govt for delayed appointments to tribunals

The Supreme Court (SC) on Monday slammed the government for delayed appointments to tribunals. The Chief Justice of India (CJI) observed that the government is testing the court's patience. CJI said that he is "very upset" and questioned if the government does not want tribunals.