RBI cuts repo rate by 35 bps from 5.75% to 5.40%, maintains accommodative stance. Rajya Sabha passes the Consumer Protection Bill, 2019. Disney misses earnings and revenue estimates. Meanwhile its entertainment division is having a blockbuster year – but will it last? SoftBank trains its guns on two-wheeler and vehicle leasing sectors. Where’s the money for Vision Fund 2 coming from? Apple Card released to limited number of users as a preview before its official launch later this month.
Moving on to the top Business news of the day.