The Supreme Court has granted relief to Bharti Airtel in the AGR dues case, restraining the Department of Telecommunication (DoT) from encashing Airtel's bank guarantees. The shares of food-tech company Zomato fell 5 percent on Tuesday, falling over 13 percent in two trading sessions. An expert panel, set up by an institute under the Ministry of Home Affairs (MHA), has predicted a third wave of COVID-19 hitting the country anytime between September and October. For all these stories and everything in between, here are some top news of the day.

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India's GDP likely to grow at 18.5% in April-June quarter this fiscal: SBI

A research report by SBI suggests India's GDP is expected to grow at 18.5 percent with an upward bias in the first quarter of the financial year. This estimate is lower than RBI's projection of 21.4 percent. Read the entire report.

India's crude oil production continues to fall, dips 3.2 pc in July

India's crude oil production fell by over 3 percent in July, as ONGC produced less than its targets. India produced 2.5 million tonnes of crude oil, lesser as compared to 9.9 million produced a year ago.