Finance Minister Nirmala Sitharaman is scheduled to address the post-Budget meeting of the RBI’s central board on Monday. She would highlight the key points of the Budget, including the fiscal consolidation roadmap. The government has lowered the fiscal deficit target to 3.3 per cent of GDP as it expects net additional revenue of Rs 6,000 crore over the interim Budget estimates. The government had projected a fiscal deficit of 3.4 per cent of GDP for the current fiscal in the interim Budget in February.

The National Commodity & Derivatives Exchange (NCDEX) is planning to launch futures trading in 'whole raw moong' (not for direct consumption) on July 8. Moong is one of the highest consuming and trading varieties in the Indian pulses basket. The exchange has received SEBI's approval for the launch.

The Tamil Nadu Private Water Tanker Lorry Owners’ Association has announced an indefinite strike beginning July 8. The announcement came soon after close to 40 water tankers were reportedly seized at Parivakkam village in Tiruvallur district where villagers alleged that they were drawing their groundwater. The private tankers were tapping water from farm wells in the area. In June this year, the Madras High Court had reiterated that tapping groundwater water illegally was equivalent to theft.

Renault is to launch the Duster facelift on Monday. The updated Renault Duster, with a number of design changes on the outside and inside, will compete against the Hyundai Creta and Nissan Terrano. The cabin will have a redesigned multi-function steering wheel, besides an updated touchscreen infotainment system. The SUV will also get premium seat upholstery.

Parliament is likely to start discussions on the General Budget on July 8, while voting on Demands for Grants is likely between July 11 and July 17. "The tentative dates for discussion and voting on demands-for-grants for 2019-20 are expected between July 11-17. The general discussion on Budget is tentatively scheduled on July 8," a communication from the finance ministry's Budget division said.

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