*Quote of D-DAY*
No matter how many weaknesses you have, through hard work and determination any thing can be acheived. Your weaknesses today can become a strength tommorrow.
*Take everything in your life positively as it comes.*
You know who has to take steps to improve and flourish, yeah you got that right *Its you and only you.*
Good Morning..!!! 💐💐
*Happy Reading on 25.06.2018*
*Mint*
=> Govt may double minimum pension for organized sector employees
=> Mutual fund investments in debt securities lowest in 5 years
=> Hero Cycles plans ₹ 250 crore investment for Punjab factory
=> Flipkart eyeing 65% growth in online fashion retail in 2018-19
=> India, Seychelles set to bolster economic, strategic relations
=> Monsoon advancing northwards, may hit Delhi by 29 June: IMD forecast
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*Business Standard*
=> Air India orders probe into rostering scam; cockpit crew making easy money
=> After Swiggy, five more start-ups are waiting to join billion-dollar club
=> Arun Jaitley kept in the loop, while Piyush Goyal runs finance ministry
=> In India, Google's Neighbourly app goes local to take on Facebook, WhatsApp
=> Political shadow on GST Council decisions as election season takes over
=> 40% of Indians will have no access to drinking water by 2030: NITI Aayog
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*Economic Times*
=> Whistleblower writes to SEC on Infosys not filing form 20F
=> You may be able to make free voice calls over public wifi networks
=> Tata Group to sell fridge, washing machines again
=> B-Schools’ courses focus on Uber, Nirav Modi cases for lessons on ethics
=> EPFO nod likely for proposal to double pension of EPS subscribers to Rs 2,000
=> Jaguar Land Rover to invest Rs 1.2 lakh crore in next 3 years
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*Financial Express*
=> Bilaspur-Manali-Leh rail line to be highest in the world, overtaking China's Qinghai-Tibet Railway
=> Maharashtra plastic ban: Whopping loss of Rs 15,000 crore, 3 lakh jobs likely, warns industry body; app-based food delivery units hit in Mumbai
=> Telangana's RYTHU Bandu Scheme: Over Rs 5000 crore paid to farmers in six weeks
=> RBI right to not grant relief for power sector NPA
=> UDAY outcome: Discoms in four states out of the red
=> Piyush Goyal credits Arun Jaitley for NPA clean-up; says banks poised for growth now
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*Hindustan Times*
=> Mumbai wakes up to heavy rains, local train services delayed
=> Army Major held for murder of officer’s wife was ‘obsessed’ with her: Cops
=> Orders to kill Shujaat Bukhari came from Pakistan, says J-K Police
=> FIFA World Cup 2018: Soft centre stays a worry for Germany
=> DU admissions 2018: ‘Popular’ courses close admissions at major colleges
=> Starting today, get ready to pay a fine for carrying plastic in Maharashtra
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*Indian Express*
=> Army Major's wife found with throat slit: ‘Colleague accused of killing woman returned to crime scene'
=> Report uncovers torture, abuse and deaths in Delhi de-addiction centres
=> Nobody from govt has raised student visa row with us: British envoy
=> Stung by Nirav Modi scam, PNB sets up 6,900 loan recovery cells
=> Mehbooba Mufti hits back, says BJP disowning its own initiative as ‘soft’
=> IIFA Awards 2018: Tumhari Sulu, Sridevi and Irrfan Khan win big
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*The Hindu*
=> Fear sweeps Assam over National Register of Citizens
=> Mehbooba refutes Amit Shah’s allegations
=> Plastic ban: Mumbaikars keep calm and try green alternatives
=> Turkey's Erdogan wins presidential election
=> FIFA 2018: Colombia win 3-0 to knock Poland out of World Cup
=> India cuts export quotas for Maldives
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*The Times of India*
=> Canada cuts visa process time for Indian students
=> Stop my tour, get jail & fine, warns TN governor
=> J&K: Cops seek low-key funeral for slain terrorists
=> Multi-vitamins can cause you heartache: Study
=> Challenged MP swimmer crosses English Channel
=> NiMo’s audit firm linked to Panama Papers
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*अमर उजाला*
=> शैलजा हत्याकांडः कत्ल की साजिश बनाकर नगालैंड से छुट्टी लेकर दिल्ली आया था मेजर
=> नीरव मोदी लंदन में ज्वेलरी स्टोर के ऊपर बने फ्लैट में रहा था, रिपोर्ट में हुआ खुलासा
=> आपातकाल ने लोकतंत्र को संवैधानिक तानाशाही में बदल दिया: जेटली
=> मध्य और उत्तर भारत में इस हफ्ते दस्तक देगा मानसून, दिल्ली में 29
=> संसदीय समिति के सामने कल पेश होंगे 11 सरकारी बैंकों के प्रमुख
=> डीआरआई ने नीरव मोदी को ई-मेल से भेजा गिरफ्तारी वारंट
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*हिन्दुस्तान*
=> मिशन 2019: बीजेपी के डेढ़ दर्जन मंत्री समेत सौ सांसदों के टिकट पर खतरा
=> पाकिस्तान के आदेश पर की गई शुजात बुखारी की हत्या- जम्मू कश्मीर पुलिस
=> कांग्रेस को घेरने की तैयारी, भाजपा आज मनाएगी आपातकाल विरोधी दिवस
=> सीबीआई को यूपीपीएससी 2015 परीक्षा में गड़बड़ी की आशंका
=> मौसम: गर्मी से दो दिन के बाद राहत के आसार, बुधवार से बारिश
=> बीमार पत्नी को छोड़कर लंदन से पाकिस्तान नहीं लौटेंगे नवाज शरीफ
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*दैनिक जागरण*
=> आपातकाल के विरोध में देशभर में काला दिवस मनाएगी BJP, कांग्रेस को घेरने की तैयारी
=> फीफा विश्व कप : इनू और होंडा के गोल से जापान ने सेनेगल के खिलाफ 2-2 से खेला ड्रॉ
=> IIFA awards: श्रीदेवी बेस्ट एक्ट्रेस, इरफ़ान बेस्ट एक्टर और तुम्हारी सुलु को बेस्ट फिल्म का अवॉर्ड
=> फीफा विश्व कप 2018: कोलंबिया ने पोलैंड को 3-0 से हराकर नॉकआउट की रेस से बाहर किया
=> राजभवन सख्त, जारी रहेंगे राज्यपाल के दौरे
=> AIIB में प्रधानमंत्री के भाषण पर एशिया की नजर
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25th June 2K18
Economic Times
Ø Govt to improve norms for auditors, corp professionals
Ø Government defers oil, gas field auction by a month
Ø Solar companies fear being eclipsed by foreign biggies
Ø First-time entrepreneurs to push India's franchise business to $150 bn in 5 years
Ø Ayushman Bharat scheme rates unacceptable: IMA
Ø GSTN designing tools for taxmen to check evasion
Ø Promoters buy TPG, Actis' 42% stake in AGS Transact
Business Standard
Ø Idea-Voda merger likely to get delayed over DoT's fresh demand of Rs 47 bn
Ø As trade war looms, China cuts reserve ratio, unlocks $108 billion
Ø Projects worth Rs 187 bn being carried to connect Railways to ports: Govt
Ø China, India and South Korea see wealth erosion of $1.4 trillion in 2018
Ø BSE, NSE to impose charge on high algo OTR in equity segment from Jun 29
Business Line
Ø SEZ overhaul may see sops being linked to job creation
Ø Trump welcomes JSW Steel’s $ 1 bn investment plans in US
Ø ‘Govt on track in solving power sector issues’
Ø Lupin to launch nearly 30 products in US market this fiscal
Ø Cochin Port eyes relaxation of cabotage law
Ø In largest capacity expansion, Asian Paints to invest Rs 4,000-cr this
Mint
Ø MF investments in debt securities lowest in 5 years
Ø Heads of 11-state owned banks to appear before parliamentary panel on Tuesday
Ø Reliance may extend ₹ 750 cr loan to Indian Film Combine
Ø India, Seychelles set to bolster economic, strategic relations
Ø Biocon receives EIR from USFDA for its Bengaluru facility producing sterile
Financial Express
Ø E-commerce companies focusing on AI, virtual reality to cut logistics cost and fraudulent orders
Ø Aadhar Housing Finance expects loan portfolio to grow by 65% this fiscal
Ø Infosys stable, ready and relevant: Nandan Nilekani
Ø Forex reserves fall by $3.03 bn to $410.070 billion
Financial Chronicle
Ø PSU banks favour coal over renewable energy
Ø Govt mulls bailout package for sick telecom PSUs
Ø Air India may sell iconic Nariman Point property to shipping ministry
Ø Plastic ban: India stares at loss of Rs 15,000 cr, 3L jobs
Ø LIC may be roped in as equity holder in AMC/ARC for NPAs
25.06.18 Economic News
👉A year after the levy’s rollout, decision making on the goods and services tax (GST) could get overshadowed by politics as the election season takes over. The frequency of meetings has come down and Reaching a consensus might also get tougher.
👉The government is working to improve the regulations for auditors and corporate professionals as it looks to strengthen the "fabric of corporate governance" in the country, according to Union Minister
👉Almost a year into providing platform for tax collection, GST Network is now developing applications and tools for tax officers to help analyse data of their assessee and check possible evasion.
👉Distressed state-run banks from Indian Overseas Bank to Dena Bank are shuttering ATMs at a record pace amid regulatory orders to cut down costs which indirectly is helping competitors to gain market share facilitating more cash withdrawal points.
👉Krishnapatnam port operator Navayuga Engineering and state-run Sikkim Power Investment Corporation have submitted binding bids for the Rs 15,000-crore planned hydro power project in Arunachal Pradesh that is undergoing insolvency proceedings.
👉Business pressure & external regulation have changed the way audit firms work.
These pressures have been telling on audit cos — Indian firms and MNCs, which include the Big Four and others such as Grant Thornton and BDO