A Monday that opens a heavy week for Indian markets — a dozen IPOs are scheduled against a Nifty sitting just under resistance, and July's auto numbers have just exposed a gap between what carmakers shipped and what dealers actually sold.
On this day
1519Ferdinand Magellan's fleet of five ships left Seville on the voyage that became the first circumnavigation of the globe. Magellan himself died in the Philippines; one ship, the Victoria, made it home three years later.Unknown authorUnknown author via Wikimedia Commons · Public domain
1793The Louvre opened to the public as a museum. The former royal palace displayed a collection largely seized from the crown and the church during the French Revolution.Unknown authorUnknown author via Wikimedia Commons · CC BY-SA 2.5- 1894IndiaV. V. Giri was born in Berhampur, Odisha. A trade unionist before he was a politician, he went on to become India's fourth President in 1969 after a contested election that split the Congress party.
Did you know
Only 18 of the roughly 270 men who sailed with Magellan completed the circumnavigation. The expedition also lost a day — the survivors' meticulous logs read one date behind Spain's, the first practical demonstration that sailing west around the world costs you a calendar day.