Top headlines: Byju's FY21 losses widen; India's Aug trade deficit doubles

The wholesale price-based inflation eased to 11-month low of 12.41 per cent in August, on softening in prices of manufactured and fuel products, even as food items remained expensive.

With a loss of Rs 4,500 crore, Byju's FY21 report card has many red marks

Byju’s, the education technology company that is India’s most-valued start-up, today said it had earned Rs 2,428 crore in revenue in the financial year 2020-21 (FY21) translating into a loss of Rs 4,500 crore.

This is similar to the revenue figure of Rs 2,434 crore in the previous year, though the difference is that the bottom line in 2019-20 showed a profit of Rs 51 crore. Read more

Exports rise marginally in August; trade gap more than doubles to $27.98 bn

India's exports rose marginally by