Quote of D-DAY
*Life is Best for those who are Enjoying it;* Difficult for those who are comparing it; and Worst for those who are criticising it. *Your own Attitude defines your Life.*
Good Morning 💐💐
Happy Reading on 04.07.2018
*Mint*
=> In the last five years, BSE 500 has given 5% higher annual returns compared to S&P 500
=> Fresh investments dip sharply in Q1 after rising in previous quarter
=> Mumbai Rains: Jet Airways, IndiGo, Vistara to accommodate delayed passengers
=> Bidders may stay away as Fortis woes worsen
=> Govt likely to go slow on key anti-evasion measure under GST
=> Check spread of fake messages, govt tells WhatsApp
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*Business Standard*
=> Munjal-Burman backs out from Fortis bidding; IHH, Manipal-TPG in fray
=> Major crackdown on shell firms? BSE to delist 222 companies from Wednesday
=> GST trails annual tax target; Budget deficit could top 3.5% if trend holds
=> Saudi Arabia says ready to pump more oil to balance global market
=> Vedanta delisting not related to Tuticorin incident: Anil Agarwal
=> MARKET WRAP: Sensex ends 114 points higher; Pharma, IT stocks lead up move
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*Economic Times*
=> Modi govt sends a warning message to WhatsApp
=> FIFA 2018: Sweden beats Switzerland 1-0 to reach quarter-finals
=> Railways to fill up over 1 lakh vacancies by March-April 2019
=> PNB shutting down the branch that caused India's biggest banking fraud
=> Hero's Munjal, Dabur's Burmans pull out of race for Fortis
=> Big blow for cryptocurrency holders as Supreme Court refuses relief
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*Financial Express*
=> PM Narendra Modi says proposed grand opposition alliance is merely a grand race by his rivals to be the prime minister
=> No plans to close operations at Brady House branch in Mumbai, says fraud-hit PNB on Rs 14k-cr Nirav Modi scam
=> UIDAI says Aadhaar security mechanism detected Hyderabad SIM vendor fraud
=> Sahara's Plaza Hotel, which also belonged to Donald Trump once, to be sold for $600 million to Qatar
=> Jaiprakash Associates moves Supreme Court, seeks approval of revival plan for Jaypee Infratech
=> 3% GST on gold procurement hampering exports, says Gem and Jewellery Export Promotion Council
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*Hindustan Times*
=> After lynchings, government warns WhatsApp over spread of rumours
=> World Cup 2018: Emil Forsberg guides Sweden to victory over Switzerland
=> UP madrasas to shun ‘kurta-pyjama’ as Adityanath govt moots new dress code
=> DU extends admissions under 3rd cutoff list after technical glitches
=> Mumbai bridge that collapsed ‘cleared safety audit’ in November
=> Election for RS deputy chair will test Opposition unity
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*Indian Express*
=> Amid series of lynchings, Govt asks WhatsApp to curb spreading of 'irresponsible messages'
=> Andheri bridge collapse: Motorman averts major tragedy; govt announces Rs 5 lakh reward
=> Dr Kafeel Khan's brother, friend booked for using fake document to open bank account
=> Aaron Finch hits 172 runs against Zimbabwe, highest T20I score
=> SC 'shocked' over huge number of uncontested seats in West Bengal panchayat polls
=> Sweden win scrappy Swiss encounter to reach quarter-finals
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*The Hindu*
=> FIFA 2018: Sweden edge Switzerland 1-0 to reach quarter-finals
=> IOA clears 523-strong contingent for 18th Asian Games
=> PNB to close most operations in fraud-hit Mumbai branch
=> States are obligated to stop lynchings, notes Chief Justice of India
=> Andheri bridge collapse: rail services will be back by night, says Piyush Goyal
=> Agonising rescue ahead for Thai cave boys as nation rejoices
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*The Times of India*
=> Govt warns WhatsApp over messages fueling hate
=> Mumbai bridge collapsed 7 months after audit
=> WC: Sweden beat Switzerland 1-0 to enter quarters
=> Relatives demand CBI probe into Burari deaths
=> Delhi: 100 public services at doorstep by Aug
=> CBI seeks custodial interrogation of Chidambaram
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*अमर उजाला*
=> शाह के पूर्वांचल दौरे से यूपी में 'मिशन-2019' की शुरुआत
=> बिहार: महागठबंधन में नीतीश के शामिल होने को लेकर मचा घमासान
=> आरोन फिंच ने रचा इतिहास, टी-20 में सबसे बड़ा स्कोर बनाकर
=> दिल्ली के डॉक्टरों ने किया दुनिया के सबसे वजनी बच्चे का ऑपरेशन
=> भारत में नेपाल के रास्ते हो रही चीन से सोने की तस्करी
=> एनडी तिवारी के स्वास्थ्य में बीते दो हफ्तों से लगातार गिरावट
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*हिन्दुस्तान*
=> कौन होगा दिल्ली का बॉस केजरीवाल या LG? कल SC करेगा फैसला
=> महाराष्ट्र के बाद अब यूपी में होगा पॉलीथीन बैन, CM योगी ने किया एलान
=> मौसम अलर्ट: कल 14 राज्यों में मूसलाधार बारिश की चेतावनी
=> दिल्ली: छा सकता है अंधेरा,मंत्री ने चेताया-कभी भी हो सकता है ब्लैक आउट
=> FIFA WC 2018 SUIvsSWE: स्वीडन ने स्विट्जरलैंड को 1-0 से हराकर फुटबॉल विश्व कप से किया बाहर
=> कैलाश मानसरोवर के 1500 श्रद्धालु फंसे, 150 को निकाला, PM ने जताई चिंता
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*दैनिक जागरण*
=> दिल्ली का 'बॉस' कौन, सीएम बनाम एलजी मामले में SC की संविधान पीठ सुनाएगी फैसला
=> सीएम रावत के दरबार में हंगामा करने वाली शिक्षिका ने ठुकराया बिग बॉस का ऑफर
=> एरॉन फिंच ने तूफानी पारी खेलकर बनाया World Record, 76 गेंदों में ठोक दिए रन
=> अल्लाह के बंदों ने पेश की मिसाल, कुंभ यात्रियों के लिए खुद तोड़ी मस्जिदें
=> तेज प्रताप के 'प्रेशर पॉलिटिक्स' से सकते में लालू परिवार, राजद बोला- ऑल इज वेल
=> लोगों के गले नहीं उतर रही आत्महत्या की थ्योरी, खौफ में गुजरी पड़ोसियों की रात
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*प्रभात ख़बर*
=> WhatsApp को सरकार ने दी चेतावनी, अफवाह और फेक मैसेज को चेक करने का दिया निर्देश
=> FIFA WC : स्विट्जरलैंड को 1-0 से रौंदाकर स्वीडन क्वार्टर फाइनल में
=> RJD 5 जुलाई को मनायेगा स्थापना दिवस, लालू परिवार में उभरे मतभेद के बीच तेजप्रताप पर टिकी सबकी निगाहें
=> कांग्रेस नेता प्रियंका की बेटी को रेप की धमकी : गृह मंत्रालय ने मुंबई पुलिस को दिया मामला दर्ज करने का निर्देश
=> इंडोनेशिया में नौका दुर्घटना, 16 लोगों की मौत, 139 लोग लापता
=> तीरंदाजी में अपने सपनों को उड़ान देने में लगी हैं झारखंड की बेटियां, बेहतर कल पर साध रहीं निशाना
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04.07.18 Economic News
👉PNB moves DRT against Nirav Modi to Recover Rs 7,000 Crore
👉SEBI Raises Overseas Investment Limit of Alternative Investment Funds (AIFs) and Venture Capital Funds (VCFs) to USD 750 Million from the current USD 500 Million
👉LIC’s 51% Stake Buy In IDBI Bank may not Need Parliament’s Approval, as it does not require any changes in the LIC Act
👉NCLAT Seeks Explanation from the Insolvency Resolution Professional (IRP) of Essar Steel Ltd for rejecting the First Round of bids by Numetal Ltd and ArcelorMittal India Ltd.
👉BSE to Delist 222 Companies From Today, as Trading in their shares has Remained Suspended for Over Six Months
👉Supreme Court Refuses to Stay RBI’s Crypto-Currencies Circular, that virtually banned banks and financial institutions from providing services to any individual or business dealing in Digital Currencies.
👉Hero's Munjal & Dabur's Burmans pull out of race for Fortis. Hence, Malaysia’s IHH Healthcare Bhd and TPG-backed Manipal Health, are the only 2 suitors, remained in the Last Lap to buy Fortis
👉Indian Aluminium Exports Jump 36% in 2017-18 on High Global Demand. It rose from 1.22 Million Tonnes (MT) at the end of 2016-17 to 1.66 MT in 2017-18.
4th July 2K18
Economic Times
Ø FY19 growth will be higher than estimates: Arun Jaitley
Ø SC refuses to grant relief on RBI ban on crypto
Ø India may become the 2nd largest smartphone market
Ø PNB to shut most ops in fraud-hit branch: Sources
Ø Not responsible for delay in Voda-Idea merger: Govt
Ø No luck on oil for India, crude hits $75 for first time in 4 years
Ø SC rejects plea seeking SIT probe against Nirav Modi
Ø TCS, Infy, Cognizant & Wipro have over $2 billion in tax disputes
Ø GDP, retail inflation base years to be changed to 2017-18 and 2018
Business Standard
Ø SAARC Development Fund forays into infra financing with AIIB support
Ø Sub-prime borrowers fuel affordable housing boom for lenders, HFCs
Ø Saudi Arabia says ready to pump more oil to balance global market
Ø IHH Healthcare submits fresh bid for Fortis, offer valid till July 16
Ø Pharma exports see double digit growth after a gap of three years
Business Line
Ø Kharif output may be down a tad at 137.73 mt
Ø BSE to delist 222 companies from tomorrow
Ø GMR-Megawide consortium commissions new terminal at Mactan Cebu Airport in the
Ø Zydus Cadila gets USFDA nod to market 2 drugs
Mint
Ø ‘Discoms can turn profitable only if regulators stop trimming their margins’
Ø Everstone’s plan to acquire Kenstar hits IBC roadblock
Ø Manappuram Finance to acquire 85% stake in ISFC for Rs212 crore
Ø Cheering Vedanta Ltd’s elevation as listed flagship may be premature
Ø Tata Steel comes out on top in Thyssenkrupp JV agreement
Ø IFC invests $100 million in Mahindra Finance
Financial Express
Ø Tata Group mulls folding food businesses into single co.
Ø Sahara’s Plaza Hotel, which also belonged to Donald Trump once, to be sold for $600 million to Qatar
Ø IDBI Bank employees oppose proposed take over by LIC
Ø JPMorgan warns a trade war may trigger China corporate defaults
Financial Chronicle
Ø Rupee still over-valued by 5-7%: Govt adviser
Ø Blue Star forays into water purification
Ø No impact on property prices post-tax reform
Ø Setback for Vedanta as HC stays order on oil contract extension
Ø LIC posts 33% increase in investment profits