Thursday, 12 July 2018

12 July 2018 News

Quote of D-DAY

Best philosophy in Life is to *keep the mind Happy 😊,* We don't know whether success gives happiness or not, but a *Happy 😊 mind can Always Lead to Success.*

Happy Morning 💐💐

Happy Reading on 12.07.2018

*Mint*

=> ED looks to seize Nirav, Choksi assets; seeks fugitive offenders tag

=> Govt leaves decision on Section 377 to the wisdom of Supreme Court

=> Government accepts Trai’s net neutrality recommendations

=> LIC-IDBI Bank deal likely to conclude by September

=> Petrol, diesel cars may be taxed more to push electric vehicle sales

=> Arvind Subramanian praises Raghuram Rajan for spotting NPA problem
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*Business Standard*

=> Telecom Commission approves new telecom policy, backs net neutrality

=> SEBI appointed panel considers 'Snapchat model' to boost start-up listings

=> Government starts process of selling Air India Mumbai headquarters

=> Monsoon to revive over East and North India in next 2-3 days: IMD

=> GST ministerial panel against sugar cess to compensate cane farmers

=> England are coming home! Croatia to play France in the 2018 World Cup final
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*Economic Times*

=> Telecom Commission clears new telecom policy, backs net neutrality

=> FIFA 2018: Mandzukic sends steely Croatia into first World Cup final

=> On the table: 1% cess on luxury goods to alleviate farm distress

=> IHH set to win Fortis, values it at Rs 9,335 crore

=> Lenders may be allowed to change NCLT bench

=> ​As polls near, PMO seeks details of projects ready for inauguration over next 6 months
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*Financial Express*

=> Jio bets big on Artificial Intelligence, to solve real time problems in India

=> Price fight: Telecom Commission adopts Trai plan on net neutrality

=> Wilful defaulters: IDBI Bank owed Rs 5,372 crore

=> FIFA World Cup 2018: Croatia, Juventus striker Mario Mandzukic's late strike stuns England in semi-final, to play France in Final

=> Farmers want GM even if govt wants Monsanto out

=> Fostering innovation: Despite continued growth, India has potential to do a lot better
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*Hindustan Times*

=> Mandzukic stars as Croatia down England to enter first FIFA World Cup final

=> Constitution bench will revisit verdict on SC/ST quota in govt jobs

=> ‘Shoddy’ management of defence land, says Parliament’s audit watchdog

=> DU fifth cutoff list: Seats still vacant in popular courses

=> Iran says Chabahar remark misquoted, it’s flexible on oil supply to India

=> Centre leaves it to Supreme Court to decide if law against gay sex is valid
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*Indian Express*

=> Govt walked BJP tightrope on Section 377: said yes — and a no as well

=> Three videos that fuelled Dhule lynch mob were all manipulated: Police

=> Facing backlash on prohibition, Bihar set to water down its harsh provisions

=> Deadline over, no CCTV in UP jail where Munna Bajrangi was gunned down

=> As Nitish Kumar meets Amit Shah today, JD(U) hints at ‘parity’ for Lok Sabha poll seats

=> Reaching out to Muslims, Congress president Rahul Gandhi asked about his visits to temples
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*The Hindu*

=> FIFA 2018: Mandzukic sends Croatia to first World Cup final

=> Telecom Commission approves net neutrality, new telecom policy

=> Wimbledon 2018: Anderson scripts an incredible comeback to dethrone Federer

=> Maharashtra forms multi-agency committee for emergencies

=> Anti-Sterlite protests: HC seeks report on Sterlite prior to riots, firing

=> No sense in ‘Eminence’ status for Jio Institute, say academics
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*The Times of India*

=> SC on verge of decriminalising gay sex

=> Net to stay free, fair: Govt approves net neutrality

=> Fed up, SC tells govt: Restore Taj Mahal, or raze it

=> Unnao rape case: CBI charges BJP MLA Sengar

=> India surpasses France, now 6th largest economy

=> India deports Khaleda aide over ‘inappropriate’ visa
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*अमर उजाला*

=> 40 लाख की आबादी वाला क्रोएशिया पहली बार विश्व कप फाइनल में पहुंचा

=> UGC NET 2018 की परीक्षा हुई रद्द, इस हफ्ते आ सकती है नई तारीख

=> कुरुक्षेत्र: सुषमा, जयंत, गिरिराज से ही नहीं बजरंगी से भी होगी ध्रुवीकरण की खेती

=> CBI में ग्रेजुएट्स के लिए नौकरी का सुनहरा मौका, 67000 सैलरी

=> नीतीश और शाह की मुलाकात आज, साफ हो जाएगी बिहार की चुनावी तस्वीर

=> पॉक्सो एक्ट में खत्म होगा लड़का और लड़की के बीच भेद
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*हिन्दुस्तान*

=> हरियाणा में संविदा अध्यापकों को गर्मी-सर्दी की छुट्टियों का वेतन

=> लोकसभा चुनावः अमित शाह-नीतीश की आज होगी मुलाकात, टिकी सभी की निगाहें

=> बागपतः स्पेन की पिस्टल से हुई मुन्ना बजरंगी की हत्या, कारतूस भी विदेशी

=> FIFA WC: क्रोएशिया ने जीत से रचा इतिहास, चूर-चूर हुआ इंग्लैंड का सपना

=> सहूलियत: मोबाइल से अनारक्षित रेल टिकट लेना होगा आसान

=> सर्वेक्षण: पाकिस्तान में त्रिशंकु संसद के आसार, PML-N और PTI में टक्कर
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*दैनिक जागरण*

=> विवाहेतर संबंध में महिला को भी दंडित करने पर हो रहा विचार

=> मुन्ना बजरंगी हत्याकांड में जेल में बंद प्रत्यक्षदर्शी का सनसनीखेज राजफाश

=> फीफा 2018: क्रोएशिया ने रचा इतिहास, इंग्लैंड को हराकर पहली बार फाइनल में बनाई जगह

=> बहुत नहीं बदला सेना का सूरतेहाल, आधुनिकीकरण के नाम पर फैसले ऊंट के मुंह में जीरा साबित हुए

=> फीफा विश्व कप 2018: फाइनल मुकाबले में फ्रांस को टक्कर देने उतरेगी क्रोएशिया

=> भारत और ईरान के संबंधों में पसरने लगा तनाव, अमेरिका के दबाव में भारत ने घटाया तेल आयात
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*प्रभात ख़बर*

=> पटना : आज आयेंगे अमित शाह देंगे मिशन 2019 को गति, सीएम से ब्रेकफास्ट व डिनर पर होगी मुलाकात

=> Jharkhand मिशनरीज ऑफ चैरिटी ने वर्ष 2016 में सिर्फ चार नवजात की दिखायी इंट्री, 32 का पता नहीं, जांच में खुलासा

=> FIFA WC : इंग्लैंड को 2-1 से हराकर क्रोएशिया पहली बार फाइनल में, फ्रांस से खिताबी भिड़ंत

=> मॉनसून की बेरुखी से धान की खेती पर ग्रहण, किसानों की चिंता बढ़ी

=> सलमान के साथ 'भारत', तो फरहान संग 'द स्काई इज पिंक' में दिखेंगी प्रियंका चोपड़ा

=> भारत के 29 राज्यों की आबादी 29 देशों के बराबर, झारखंड से 27 गुना बड़ा है सऊदी अरब, पर जनसंख्या में बराबर
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12.07.18 Economic News

👉Finance Ministry raises Threshold Monetary Limits for filing Departmental Appeals at various levels, to Reduce Tax Litigations
1. ITAT / CESTAT- From 10 Lakhs to 20 Lakhs
2. High Courts -      From 20 Lakhs to 50 Lakhs
3. Supreme Court - From 25 Lakhs to 1 Crore

👉PNB fraud: ED moves special court seeking Fugitive Economic  Offender Tag against Nirav Modi & Mehul Choksi and to Confiscate their assets worth Rs 3,500 Crore under the Fugitive Economic Offenders Ordinance

👉India overtakes France as 6th Biggest Economy in the World

👉The Bengaluru bench of ITAT held that the Sale of Carbon Credits would not attract Income Tax as the same constitute a capital receipt under the Income Tax Act

👉ICAI releases Exposure draft of new AS 19 - Employee Benefits, issued in line with Ind AS. The exposure draft is open for comments till August 10, 2018. After notification of AS 19- Employee Benefits, the entities complying with Accounting Standards will no longer apply existing AS 15-Employee Benefits

👉Telecom Commission, the Highest Decision-Making Body in the Telecom Ministry,  approves the New Telecom Policy and Net Neutrality Recommendations

👉Delhi’s Connaught Place moves One Position Higher to become Ninth Most Expensive Office Location in the World

12th July 2K18

Economic Times

Ø  Telecom Commission clears new telecom policy
Ø  CEA praises Raghuram Rajan for identifying NPA issue
Ø  LIC-IDBI Bank deal may conclude by September
Ø  FinMin may relax data storage rules for payment cos
Ø  Maha: PepsiCo to develop infra to recycle plastic
Ø  IHH set to win Fortis, values it at Rs 9,335 crore
Ø  NATO countries must pay 2% of GDP: Donald Trump

Business Standard

Ø  Start reducing oil prices or expect demand to sink, India warns OPEC
Ø  Sebi not averse to the merger of exchanges, says Chairman Ajay Tyagi
Ø   In Round 2 of trade war, US plans 10% tariffs on $200-bn Chinese goods
Ø  Sterlite Power wins six transmission projects in Brazil, to invest $2 bn
Ø  Bajaj Hindusthan to sell 17.51% stake in group's power firm LPGCL

Business Line

Ø  Private equity, VC investments cross $15 b in H1
Ø  Ministers’ group not in favour of sugar cess
Ø  Net neutrality gets telecom panel’s nod
Ø  BSNL starts first internet telephony service in India
Ø  Vistara to buy 19 Airbus, Boeing planes worth $3.1 billion
Ø  Trading halts on MCX briefly due to technical glitch

Mint

Ø  India replaces France as world’s 6th biggest economy
Ø  IndusInd Bank’s first quarter show underscores its premium valuation
Ø  Adani, GAIL among 400 bidders for city gas licenses
Ø  Brookfield in talks to acquire Altico stake
Ø  Petrol, diesel cars may be taxed more to push electric vehicle sales
Ø  Sebi paper soon on large firms tapping bond market

Financial Express

Ø  Chief Economic Advisor Arvind Subramanian rules out a single rate GST
Ø  US drugmaker Pfizer Inc to split company into three units
Ø  Single data breach costs nearly Rs 12 crore in India, says IBM study
Ø  GMR sans SkyTrax rating disqualified for Philippines airport project
Ø  Pakistan’s indebted economy heads toward another IMF bailout

Financial Chronicle

Ø  India cuts Iranian oil imports by 16% in June to 592,800 bpd
Ø  Rupee to stay in 68-72 range near-term: UBS
Ø  GST on some more items to be cut
Ø  Banks fear Mudra loans sans Collateral may become NPAs
Ø  Govt mulls 1% cess on luxury items to build farm corpus