Thursday, 26 July 2018

26 July 2018 News

Quote of D-DAY

The *Real Education* is our *Attitude and behaviour* with *Others* . It Defines our Entire Personality. No matter how Qualified we are.

Good Morning 💐💐

*Happy Reading on 26.07.2018*

*Mint*

=> Parliament passes Fugitive Economic Offenders Bill 2018

=> Ahead of merger with Idea, Vodafone India revenue declines 31.1%

=> Liberty House gets NCLT nod for bid to acquire Amtek Auto

=> Counting begins in suspenseful Pakistan election

=> First lake of liquid water is discovered on Mars

=> Virat Kohli makes $120,000 per Instagram post
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*Business Standard*

=> Over 340 'irrational' drugs to go off shelves soon; many more under scanner

=> ED gets power to impound fleeing economic offenders' property

=> Uber may bid adieu to Google Maps; move to open source ones instead

=> Srikrishna committee: 70 Acts may have to be amended on panel proposals

=> Pakistan election 2018: Imran Khan leads; EC rejects PML-N's rigging charge

=> SEBI pulls up mutual fund industry over dividend distribution practice
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*Economic Times*

=> Pakistan EC rejects rigging allegations, says results being collected

=> Walmart supports India’s case for US Duty benefits

=> Government may favour more time for stressed power companies

=> 151 Malkangiri villages to return to national map after almost 50 years

=> Kit-Kat loses a blockbuster legal war

=> Tax havens account for highest increase in FDI inflows
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*Financial Express*

=> Cartelisation penalty: NCLAT upholds fine on cement firms, 11 companies and industry body to pay Rs 6300 crore

=> Srikrishna Panel Meet: Stiff penalties likely for leaks for sensitive data

=> Aarav Unmanned Systems: This Bengaluru-based startup has designed drones to aid in crucial data collection

=> MSME Sector: GST Council to take up further relief

=> 132 farmer bodies to launch 25-day agitation today

=> Delays in resolution and excessive litigation lead banks to sell NCLT exposures for quick cash recoveries
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*Hindustan Times*

=> Pakistan EC rejects rigging allegations, PML-N warns of protests

=> Another showdown between Delhi govt and Lt Governor in Supreme Court today

=> Imran Khan leads in Pakistan elections marred by fraud allegations

=> First liquid water lake found on Mars, raises possibility of life

=> H-1B rejections spike in fourth quarter of 2017

=> Virat Kohli, Dinesh Karthik hit 50s, Essex pacers serve pre-Test warning
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*Indian Express*

=> Pakistan Elections 2018: Verdict Pakistan Army wanted — Imran Khan surges ahead

=> Dalit groups want Justice Goel out of NGT, bring SC/ST law: Paswan writes to Rajnath

=> Javadekar orders clean-up, tells UGC, V-Cs to weed out all predatory journals

=> Change your mindset, don’t obstruct inter-faith marriage: HC to officials

=> India, US set to sign pact for secure military communications

=> Sailing row leads to Indian face-off at Asian Games venue
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*The Hindu*

=> Imran Khan’s party forges ahead in Pakistan polls

=> After one year in office, President Kovind rises above the fray

=> Appeal court rejects Mallya plea

=> Maratha quota agitation ends, not violence

=> Don’t take any action based on NRC final draft, MHA advises Assam govt.

=> Slight delay in delivering VVPATs
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*The Times of India*

=> Bill to rein in loot & scoot approved by Parliament

=> PML-N alleges rigging as Imran Khan tipped to win

=> Biased religious practices can be nixed: SC

=> NKorea still making bomb fuel: Mike Pompeo

=> After FCRA crackdown, dip in foreign funds for NGOs

=> Hardik gets 2 yrs' jail for 'rioting' in '15 Guj quota rally
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*अमर उजाला*

=> पाकिस्तान चुनाव: नेशनल असेंबली की 272 सामान्य सीटों के लिए हुआ मतदान, परिणाम आज

=> ईरान के साथ वास्तविक समझौता करने के लिए अमेरिका तैयार: ट्रंप

=> मेहसाणा दंगा केस : हार्दिक पटेल को 2 साल की सजा, नहीं जाएंगे जेल

=> मराठा आरक्षण आंदोलन : उपद्रवियों के उत्पात से ठहरी मुंबई

=> एशिया कप: आईसीसी ने जारी किया शेड्यूल
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*हिन्दुस्तान*

=> चीन के बढ़ते प्रभाव के बाद भारत-यूएस बढ़ाएगा सैन्य सहयोग

=> पाक चुनाव: इमरान की पार्टी को बढ़त, पीएमएल-(एन) ने किया खारिज

=> शर्मनाकः दिल्ली में भुखमरी से हुई तीन बच्चियों की मौत

=> अमेरिका: अवैध तरीके से रह रहे दो भारतीय गिरफ्तार, वापस भारत भेजा जाएगा

=> राजस्थान, MP और उत्तराखंड में अगले 24 घंटों में भारी बारिश का अलर्ट

=> हिरासत में मौत होने पर 13 साल बाद दो पुलिस कर्मियों को फांसी की सजा
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*दैनिक जागरण*

=> Pakistan Election Results 2018: धांधली के आरोप के बीच पाक में रोके गए चुनाव नतीजे, इमरान खान सबसे आगे

=> दिल्ली-NCR में झमाझम बारिश, जलभराव से जगह-जगह लगा जाम

=> IND vs Essex: पहले दिन भारत ने बनाए 322 रन, 4 बल्लेबाजों ने ठोके अर्धशतक

=> राहुल गांधी ने कहा- मुझे देख दो कदम पीछे हट जाते हैं BJP के सांसद, कहीं उन्हें गले न लगा लूं

=> IRCTC ने पेश किया नया टूर पैकेज, महज 11340 रुपये में करें दक्षिण भारत की सैर

=> बेहद प्राचीन है भारत में भ्रष्टाचार का इतिहास, 12वीं सदी के शिलालेख में है जिक्र!
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*प्रभात ख़बर*

=> पाकिस्तान में वोटों की गिनती जारी, इमरान खान की पार्टी आगे

=> पाकिस्तान चुनाव : आतंकी हाफिज सईद ने डाला वोट, क्वेटा में जोरदार धमाका, 31 मरे

=> Xiaomi ने लांच किये दो नये स्मार्टफोन, Mi A2 और Mi A2 Lite

=> फेसबुक ने फर्जी खाते बंद करने के लिए उठाये कड़े कदम

=> इंस्टाग्राम पर भी आया फेसबुक जैसा ग्रीन डॉट फीचर, बताएगा कौन-कौन है ऑनलाइन
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26.07.18 Economic News

👉Rajya Sabha passes Fugitive Economic Offenders Bill 2018. The bill was passed by Lok Sabha last week which Empowers Authorities to Attach and Confiscate Properties and Assets of Economic Offenders like Loan Defaulters who flee the country

👉Delhi HC directs Income-tax Dept. to allow filing of ITR without furnishing Aadhaar No., as the deadline has been extended to March 31, 2019

👉The GST Anti-Profiteering Authority orders audit of Major E-Commerce Firms, including Flipkart and Amazon India, to find out whether they have Refunded the Excess GST collected from the Consumers. This audit will be done by Director General of Audit of CBIC.

👉Directorate General of Anti-Profiteering (DG-AP) is investigating a complaint against Ramdev’s Patanjali Ayurved for not passing on price reduction benefits under the GST to consumers

👉Vijay Mallya Assets Case: Another Setback For Mallya as UK Court of Appeal refuses Permission to Appeal against a High Court order in Favour of 13 Indian banks to recover funds amounting to nearly 1.145 Billion Pounds

👉Govt moves Delhi HC to Recover $3.8 Bn from Reliance, Shell, ONGC, following an English court ruling over its share from the Panna-Mukta and Tapti fields in Western Offshore

👉NCLT approves Liberty House Resolution Plan to Acquire Amtek Auto

👉NCLAT allows & upholds CCI penalty of Rs 6,300 crore on 11 cement companies imposed over alleged cartelisation in the sector. These Cement cos will now appeal in Supreme Court against the NCLAT order.

Economic Times

Ø  Govt moves HC to get $3.8 bn from RIL, Shell, ONGC
Ø  BRICS economies meet as US trade war looms
Ø  Trump accuses China of using 'vicious' trade tactics
Ø  EU threatens US with USD 20 billion tit-for-tat tariffs
Ø  Tax havens account for highest increase in FDI inflows
Ø  59 infra projects report cost overrun of Rs 1.36L cr
Ø  About half of land notified for SEZs are lying vacant
Ø  AMC in the works to help PSUs offload non-core assets

Business Standard

Ø  NCLT rejects Jyoti Structures' resolution plan, orders liquidation
Ø  ED gets power to impound fleeing economic offenders' property
Ø  NCLAT junks cement-makers' plea against CCI's Rs 67-bn cartelisation fine
Ø  Canara Bank Q1 net profit up 12% at Rs 2.81 bn; bad loan decline marginally
Ø  Suzlon Energy aims to reduce 40 per cent of Rs 60 billion debt by FY18
Ø  TPG acquires a minority stake in pharma firm Sai Life Sciences

Business Line

Ø  Exports likely to touch $350 bn in current fiscal: Suresh Prabhu
Ø  India to hold top spot for economic growth but oil poses risk
Ø  Maruti to recall 1,279 units of new Swift, Dzire for possible fault in air-bag controllers
Ø  Honeywell to help IndianOil meet BS VI specifications
Ø  Sun Pharma launches generic Glumetza tablets in US
Ø  BHEL net profit nearly doubles to Rs 156 cr

Mint

Ø  Recapitalisation of 5 public sector banks credit positive: Moody’s
Ø  SBI sees 50% recovery from RBI’s first NPA list
Ø  Hero MotoCorp Q1 profit misses estimates
Ø  HDFC AMC IPO off to strong start, oversubscribed on Day 1
Ø  Lenders may drag four power producers to NCLT
Ø  L&T Q1 profit beats estimates on strong infrastructure business

Financial Express

Ø  One more NPA account resolved in just 5 days; bankrupt Amtek Auto goes to Liberty House
Ø  Bharti Infratel-Indus Tower merger gets SEBI nod, NCLT approval needed next
Ø  RBI has enough powers to regulate PSU banks, says govt
Ø  Housing sales, new launches highest since demonetisation in first half of 2018

Financial Chronicle

Ø  NSE to extend derivatives trading till mid-night
Ø  Setback to Marans as HC sets aside order in illegal exchange case
Ø  IndiGo grounds 5 A320 Neo planes due to P&W engine snag
Ø  Centre nudges power plants to go for coal imports
Ø  House panel suggets strong norms for exemption to PF trusts