Prime Minister Narendra Modi lauded India’s gradual shift from being a major importer of defence products to becoming an important exporter. India's exports rose by 45.76 percent to USD 33.28 billion in August, as against USD 22.83 billion in the same month last year. Gaurav Gupta, the co-founder of Zomato, exited the food-tech startup after spending six years. For all these stories and everything in between, here are some top news of the day

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WPI inflation rises to 11.39 percent in August

Even as CPI inflation softened a bit, the wholesale price-based inflation rose marginally to 11.39 percent in August. The development followed on the backs of higher prices of manufactured goods. In July, WPI inflation was 11.16 percent. Read more

Exports up 46% to $33.28 bn in August

India's exports rose by 45.76 percent to USD 33.28 billion in August, as against USD 22.83 billion in the same month last year. Imports during the month increased by 51.72 per cent to USD 47.09 billion. Read here

Zomato co-founder Gaurav Gupta quits, ends a 6-year long journey

Gaurav Gupta, the co-founder of Zomato exited the food-tech startup after spending six years. Gupta was elevated as a founder in 2019 and before that, he was the Chief Operating Officer. Read more

Vistara appoints Vinod Kannan to replace Leslie Thng as CEO from January 2022

Vistara has appointed Vinod Kannan as the Chief Executive Officer with effect from January 1, 2022. The current CEO Leslie Thng will move to a senior position at Singapore Airlines in January.