On Episode 318 of The Core Report, financial journalist Govindraj Ethiraj takes you through the latest in business news.SHOW NOTES(00:00) Stories Of The Day(02:17) Markets are at record highs but the foundation is likely to stay weak.(04:16) India may lower personal tax rates in categories to boost consumption(06:45) Monsoons are now showing a 20% deficiency, a worrying sign(08:16) Hyundai parent stock hits record high on news of listing of Indian arm(09:40) Logjam at ports are set to worsen, driving up container rates and delaysFor more of our coverage check out thecore.in--Support the Core Report--Join and Interact anonymously on our whatsapp channelSubscribe to our NewsletterFollow us on:Twitter | Instagram | Facebook | Linkedin | Youtube