Quote of D-DAY
You’re going to feel strong again. Things are about to get lighter and more clear. You’re healing and transforming. All is being released out of you. Be patient with yourself. You’re shedding old ways of doing things and stepping into your truth. It’s going to make sense soon.
Good Morning 💐💐
*Happy Reading on 28.06.2018*
*Mint*
=> ICICI Bank used term loans, LCs to help loan defaulters
=> Govt officials refuse to use electric cars made by Mahindra, Tata Motors
=> Tata Steel, Thyssenkrupp reach €15 billion compromise in merger talks
=> Inaugural India-US ‘2+2’ dialogue postponed: Pompeo tells Sushma Swaraj
=> Mindtree founders may sell entire stake to NEC Corp., private equity firm
=> Rupee nears record low on rising oil prices, trade war
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*Business Standard*
=> Piramal-Birla friction surfaces over Binani cement acquisition at PM meet
=> GST impact: Slow refunds, rising input costs paralyse Ludhiana businesses
=> Walmart may face backlash in India; massive protests planned on July 2
=> US postpones 2+2 dialogue with India due to 'unavoidable reasons'
=> Fortis Healthcare initiates recovery of funds from Singh brothers
=> I-T to examine poll candidates' finances ahead of state, general elections
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*Economic Times*
=> Government red cards bad bank idea, benches ARC plan
=> Reliance Jio pips Vodafone to become number 2 by revenue
=> India supports Russia at chemical weapons meet
=> Airtel, Jio brace for another price war, this time for Home WiFi
=> Lok Sabha Elections 2019: BSP supremo Mayawati holds the key in Uttar Pradesh
=> Disney wins US antitrust approval to buy Fox assets for $71.3 bn
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*Financial Express*
=> 'Stigmatised capital' is India's biggest roadblock, says chief economic adviser Arvind Subramanian
=> Hard-hitting: Probe report on Fortis indicts ex-promoters
=> One-day rule: Defaults jump, hit Rs 1.2 lakh crore
=> JAM: Jan Dhan-Aadhaar-mobile penetration driving India's digitisation
=> The proposed new higher education regulator resolves many problems of the UGC vintage
=> India has embarked upon an ambitious plan to install 227 GW of renewable energy by 2022
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*Hindustan Times*
=> Opposition unity to be tested in election for Rajya Sabha deputy chairman
=> CBSE tells schools to suspend teachers for miscalculation in board exams
=> Amarnath yatra on hold due to rains, pilgrims asked to stay in tents
=> Top court allows investigation of ED officer in charge of 2G spectrum case
=> DU admissions: Half the seats filled, 3rd list for popular courses unlikely
=> US postpones 2+2 dialogue with India due to ‘unavoidable reasons’
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*Indian Express*
=> Surgical strikes video out, shows terror casualties, damage to bunkers
=> To simplify GST, 28 per cent tax slab has to go: CEA Arvind Subramanian
=> US puts off '2+2 dialogue' with India: ‘unavoidable reasons’
=> Jharkhand: One killed as Patthalgarhi supporters, police clash, three cops still missing
=> Brazil outclass Serbia to set up Mexico clash
=> PNB fraud case: Can’t travel to India, threat to life due to mob lynching trend, says Mehul Choksi
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*The Hindu*
=> Trouble brewing in Bihar alliance
=> No-fly list has cut down unruly flyers: Jayant Sinha
=> Centre proposes new body to replace UGC
=> FIFA 2018: Defending Champions Germany out of World Cup
=> U.S. postpones 2+2 dialogue with India
=> FIFA 2018: Brazil ease into last 16 with win over Serbia
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*The Times of India*
=> US puts off next week’s talks with India
=> No waiver on Iran business, US tells India
=> India among top 5 friends of Moscow: Russia poll
=> Defending champions Germany out of FIFA WC
=> Delhi Metro staff threaten strike from June 30
=> PNB finds 54 officials at fault in Nirav Modi scam
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*अमर उजाला*
=> शुजात बुखारी की हत्या में पाकिस्तानी आतंकी शामिल, 2 कश्मीरी सहित 3 हत्यारों की शिनाख्त की
=> अमेरिका ने भारत संग टू प्लस टू वार्ता टाली, विदेश मंत्री पोम्पियो ने सुषमा स्वराज को दी जानकारी
=> प्रियंका वाड्रा रायबरेली से लड़ सकती हैं लोकसभा चुनाव, कांग्रेस का मिशन 2019 तैयार
=> यूजीसी भंग, नई संस्था एचईसी ही करेगी सभी विश्वविद्यालयों के नियम
=> गैर जमानती वारंट रद्द करवाने कोर्ट पहुंचा नीरव का रिश्तादार चोकसी
=> अन्नाद्रमुक के 18 अयोग्य विधायकों का मामला हाईकोर्ट जज के हवाले
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*हिन्दुस्तान*
=> प्री-मॉनसून बारिश से भीगी दिल्ली, अन्य हिस्सों में भारी बारिश का अलर्ट
=> उत्तर भारत में दक्षिण से दोगुनी बिजली गुल
=> दावाः सेना ने PoK में ऐसे की थी सर्जिकल स्ट्राइक,21 माह बाद आया वीडियो
=> मोदी से मिलीं निक्की हेली, भारत-अमेरिका सहयोग व आतंकवाद पर हुई चर्चा
=> यूपी के शहरों में चलेंगी देश की सबसे ज्यादा मेट्रो
=> 2019 लोस चुनाव के लिए कई राज्यों के प्रभारियों में बदलाव करेगी भाजपा
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*दैनिक जागरण*
=> कर्नाटक में फिर किच-किच, सरकार बचाने में जुटे कांग्रेस-जदएस के नेता
=> आयरलैंड के खिलाफ मैदान पर दिखा गब्बर व रोहित का जलवा, बनाया नया रिकॉर्ड
=> महंगा हुआ कच्चा तेल, भारत को होंगे कई बड़े नुकसान
=> यूपी और बिहार जाने वाले रेल यात्रियों के लिए खुशखबरी, अब वेटिंग लिस्ट से मिलेगा छुटकारा
=> ब्राजील ने सर्बिया को हराकर नॉकआउट में बनाई जगह
=> स्विट्जरलैंड ने कोस्टा रिका 2-2 से ड्रा खेलकर नॉकआउट में बनाई जगह
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*प्रभात ख़बर*
=> नयी दिल्ली : खत्म होगा यूजीसी, उच्च शिक्षा के लिए बनेगी नयी संस्था
=> नयी दिल्ली : खत्म होगा यूजीसी, उच्च शिक्षा के लिए बनेगी नयी संस्था
=> सुब्रमण्यम स्वामी ने केंद्र पर साधा निशाना, कहा- ट्विटर पर उपलब्ध है सरकार की सीलबंद रिपोर्ट
=> सुशील मोदी का नया खुलासा, करोड़ों के लोहे का व्यापार भी करते हैं 'तेजस्वी'
=> दिल्ली हाईकोर्ट ने 16,500 पेड़ों को काटने पर 4 जुलाई तक लगाई रोक
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28.06.18 Economic News
👉GSTN to go in for Third-Party Audit of its Software developed by Infosys to ensure that all changes in law are Adequately Captured and its Performance is not lagging on any count says CEO Prakash Kumar
👉Bombay HC admits plea by Real estate developers, challenging GST on sale of land. The high court has Issued Notices to the Central Govt., the Maharashtra Govt. and the GST Council in this matter.
👉PNB scam: Mehul Choksi Moves Court Seeking Cancellation of Non-Bailable Warrant (NBW) issued against him
👉NCLAT Declines to Stay Delisting of ElectroSteel Steels by Vedanta on the plea of Renaissance Steel, whose bid was rejected by the committee of creditors (CoC)
👉Govt Approves & Provides Capital Infusion Support of Rs 2,000 Crore to Export Credit Guarantee Corporation (ECGC) to Enhance Insurance Coverage to Micro, Small & Medium Enterprises Exports(MSME). It has also Approved Contribution of Grant-in-Aid (corpus) of Rs 1,040 Crore to National Export Insurance Account Trust (NEIA) to Promote Project Exports
👉State Bank of India (SBI) has Closed Six Foreign Branches and is in the process of closing down another nine branches as part of Rationalisation of Overseas Operations
👉SEBI is gearing up to usher the next set of reforms in the Commodity Market by Allowing Mutual Funds to participate in the segment while also Actively Considering Allowing Derivatives on Commodity Indices.
Economic Times
Ø India to build two more strategic petroleum reserves
Ø Thyssenkrupp, Tata Steel near compromise on JV talks
Ø H-1B visa rules to hit Indian IT cos' margins: ICRA
Ø Govt plans to sell Air India's Mumbai building to JNPT
Ø Allahabad Bank seeks Rs 7,000 crore from government
Ø Govt hikes ethanol price by Rs 2.85/litre for 2018-19
Ø Automakers warn US tariffs will cost thousands of jobs
*Business Standard*
Ø Singaporean FM asks NSE, SGX to resolve differences, serve investors
Ø Fortis probe finds systemic lapses, to recover Rs 5 bn from Singh brothers
Ø JSW Steel to invest Rs 75 bn in Karnataka to expand Vijayanagar facility
Ø Trai to penalise telcos for call drop violations in March quarter: Chief
Ø Rs 20 bn GST evasion in 2 months, less than 100,000 paying 80% of tax
*Business Line*
Ø Export push: ECGC, NEIA to get more capital support
Ø India cautious on China move to reduce import tariffs on goods
Ø Fortis lent Rs 494 crore to promoter companies despite management objections
Ø UST Global turns ‘unicorn’ with $250-m Temasek funding
Ø Telecom sector revenue dips 1.7%, licence fee falls 12.7% in March
*Mint*
Ø NCLAT refuses to stop Vedanta from delisting Electrosteel
Ø Rupee nears record low on rising oil prices, trade war
Ø Mindtree founders may sell entire stake to NEC Corp., private equity firm
Ø SBI to shut 9 foreign branches as part of rationalisation: Pravin Gupta
Ø Oil prices rise on supply losses, US push to isolate Iran
*Financial Express*
Ø India needs to lower trade barriers: US diplomat
Ø Reliance Jio enters a new league, crosses 200 million user mark
Ø Retail lending up 25%, number of accounts over 32% in FY18: Cibil data
Ø India no longer poor people’s country, 44 Indians pulled out of poverty every minute, says study
*Financial Chronicle*
Ø End oil imports from Iran by Nov 4, US to India
Ø India’s quest to find a trillion-dollar nuclear fuel on the Moon
Ø Volvo-Eicher eyeing more marketshare with two new trucks
Ø ITC’s Savlon campaign bags coveted Grand Prix at Cannes Lions 2018
Ø Govt confident LIC-IDBI deal will conclude by Sept
