Quote of D-DAY
*You’re entering a new season where everything will start to go your way.*
It’s time. You had enough lessons. You did the work. You overcame so much. You believed even when it was hard to. You never gave up. You pushed through it all. *Now it’s Your Turn to Receive in a Major Way.*
_Good Morning_ 💐💐
Happy Reading on 31.07.2018
*Mint*
=> Govt planning national e-commerce regulator
=> PM Narendra Modi speaks to Pakistan’s Imran Khan
=> No govt plan to hike allocation of funds for state-run banks
=> Axis Bank Q1 net profit down 46.3% to Rs 701.90 crore, beats estimates
=> Govt releases draft of new, simpler GST return forms
=> FII inflows into equities up marginally in April-June
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*Business Standard*
=> Defence ministry clears decks for buying 111 choppers for navy at Rs 217 bn
=> IndiGo Q1 net profit plunges 96% to Rs 278 million, more trouble ahead
=> No NGT relief for Vedanta on closure of Sterlite copper plant in Tuticorin
=> India looking to compel e-commerce, social media cos to store data locally
=> Harley eyes Royal Enfield turf in India, plans bikes in 250-500cc segment
=> Anti-profiteering authority asks inputs from Airtel, Indigo on GST benefits
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*Economic Times*
=> Delhi HC issues notices to Flipkart, Amazon over FDI violation charge
=> Karunanidhi continues to be under constant medical attention
=> Substantial increase in denial of H1B petitions: Report
=> India imposes safeguard duty on solar cells import for 2 years
=> No assessment made on impact of Walmart-Flipkart deal: Govt
=> PM Modi speaks to Imran Khan, congratulates him for victory in Pakistan polls
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*Financial Express*
=> Overruling its 21-yr-old verdict! Benefit of ambiguity in tax exemption will be in favour of State, says Supreme Court
=> Defence manufacturing for private sector gets a boost! Guidelines for strategic partnership model finalised
=> Government imposes safeguard duty on solar cells import for two years
=> India’s first bullet train to have separate toilets for men and women
=> Shrugging off ‘suit-boot’ tag PM praises India Inc, now to see if his policies are helpful
=> Embattled liquor tycoon Vijay Mallya to return to UK court for extradition hearing tomorrow
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*Hindustan Times*
=> Assam NRC list excludes 4 million applicants, govt says no need to panic
=> PM Modi speaks to Imran Khan, congratulates him on Pak election victory
=> Karunanidhi still in ICU, but stable; Sri Lankan ministers visit hospital
=> Supreme Court puts upkeep of Taj Mahal in hands of 3 govt officers
=> Lok Sabha passes bill to provide death penalty to child rape convicts
=> ‘Why no arrests?’: SC pulls up CBI over Manipur’s alleged fake encounters
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*Indian Express*
=> PM Modi congratulates Imran Khan, hopes democracy will take deeper roots in Pakistan
=> Assam citizens list: Names missing in NRC final draft, 40 lakh ask what next
=> Kerala: Orange alert issued as Idukki dam water level touches 2,395 feet; authorities on high alert
=> Pak election body seeks written reply from Imran Khan over controversial vote
=> India U-19 team humbles Sri Lanka by six wickets in first Youth ODI
=> Raghava Lawrence breaks his silence on Sri Reddy's allegations
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*The Hindu*
=> Modi greets Imran Khan on poll victory
=> Karunanidhi's condition stable: M.K. Stalin
=> Assam NRC: bouquets, brickbats in equal measure
=> A tardy process, creating massive insecurity: Rahul Gandhi on NRC
=> Indian-origin CEO bats for working class
=> SC asks Maran to face trial in illegal telephone exchange case
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*The Times of India*
=> Manipur fake encounter cases: SC raps CBI chief
=> Yamuna swells in Delhi; 10,000 people evacuated
=> India cuts oil imports from Iran over sanctions fear
=> PM congratulates Imran, reiterates vision of peace
=> Govt paves way for 'Make in India' def production
=> Oppn sees red as govt releases NRC list in Assam
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*अमर उजाला*
=> असम में 40 लाख अवैध नागरिक : घुसपैठ पर सियासी घमासान फिर तेज
=> कांग्रेस के शासनकाल में ही शुरू हुआ एनसीआर अपडेट करने का काम
=> भाजपा सत्ता में आई तो बंगाल में भी लागू होगा एनआरसी : दिलीप घोष
=> दिल्ली पर बाढ़ का खतरा, 27 ट्रेनें रद्द होने के बाद लोहे के पुल
=> NRC पर सियासी घमासान, ममता ने लगाया बीजेपी पर बंगालियों को परेशान करने का आरोप
=> योगी ने 15 अगस्त को पांच करोड़ पौधे लगाने का दिया निर्देश
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*हिन्दुस्तान*
=> पीएम मोदी ने की इमरान खान से बात, दी पाकिस्तान में जीत की बधाई
=> चार्जशीट दाखिल होने पर बोले आजम खान- शुक्रिया योगी सरकार
=> झारखंड में बड़ी दुर्घटना, बस में आग लगने से कई के जिंदा जलने की आशंका
=> अमानवीयः 25 से अधिक देशों में बैन लड़कियों का खतना भारत में अब भी जारी
=> बैंक कर्मचारियों की सैलरी पर बैठक फिर बेनतीजा, 25% बढ़ाने की मांग
=> रेप के खिलाफ सजा और सख्त: बच्चियों से दुष्कर्म पर फांसी को मंजूरी
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*दैनिक जागरण*
=> पीएम मोदी ने की इमरान खान से बातचीत, फोन पर दी जीत की बधाई
=> खतने पर सुप्रीम कोर्ट ने उठाए सवाल, कहा- महिला से पति की पसंद बनने की अपेक्षा क्यों
=> एनआरसी पर शोर जला सकता है विरोधियों के हाथ, भाजपा इसे तूल देने में नहीं छोड़ेगी कसर
=> डेटा चोरी होने के पीछे का सच.. आपके हर मैसेज और गतिविधि पर रहती है नजर
=> SBI यूजर्स को अब FD पर मिलेगा ज्यादा ब्याज, नई दरें आज से हुईं लागू
=> चुनावी साल में भाजपा के लिए कड़वी हो सकती है गन्ने की मिठास
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*प्रभात ख़बर*
=> प्रधानमंत्री मोदी ने फोन पर इमरान खान को जीत की बधाई दी
=> रिजर्व बैंक की रिपोर्ट : भारतीय कंपनियों का जून में विदेशी कर्ज 66 फीसदी बढ़ा
=> दाऊदी बोहरा मुस्लिम महिलाओं के खतना पर सुप्रीम कोर्ट ने की आलोचना
=> बिहार में अबतक बाढ़ की अलार्मिंग स्थिति नहीं : जल संसाधन मंत्री
=> मुजफ्फरपुर दुष्कर्म कांड : NSUI का पटना में प्रदर्शन, पुलिस की लाठी से फटा कांग्रेस MLA का सिर
=> कैटरीना कैफ ने प्रियंका चोपड़ा को किया रिप्लेस, 'भारत' में सलमान संग दिखेंगी
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31st July 2K18
Economic Times
Ø Global lenders line up to finance Birla's $2.6 billion Aleris deal
Ø Govt to monetise land lying with sick PSUs
Ø Agri sector must grow at 4% to boost economy: Kant
Ø HDFC Q1 profit jumps 54% YoY to Rs 2,190 crore
Ø 'India much better equipped to handle global risks'
Ø Draft ecommerce policy allows for B2C model
Ø Axis Bank Q1 profit nearly halves YoY to Rs 701 cr
Ø JP Associates reports Rs 285 crore loss for Q1
Business Standard
Ø Tech Mahindra Q1 net profit falls short of expectations at Rs 8.98 bn
Ø Govt not evaluated direct impact of Walmart-Flipkart deal on small traders
Ø Defence ministry clears decks for buying 111 choppers for navy at Rs 217 bn
Ø HDFC Bank launches QIP, ADR at floor price of Rs 2,179.13 a share
Ø CBI Q1 net loss widens to Rs 15.22 bn on 2-fold rise in bad loan provisions
Ø Suzlon shareholders reject two separate proposals to raise Rs 29 bn
Business Line
Ø India’s infrastructure deficit too large, will take time to be eliminated: S&P
Ø Tyre makers reiterate demand for rubber imports at nil duty
Ø IndiGo Q1 net tanks 96.6% to Rs 27.8 cr
Ø RITES reports Rs.83 cr income for March quarter
Ø India Inc garners Rs 19,000 cr via NCDs in April-July
Mint
Ø Govt to launch 2nd oil, gas field auction on 9 August
Ø Idea Cellular turns in Q1 profit on tower sale gain
Ø IDFC Bank Q1 net profit down 58% to Rs 181crore
Ø Essar Oil may sell 30% in Raniganj coal-bed methane block
Ø Tata Power joins race for Equis hydropower projects in Sikkim
Financial Express
Ø India Inc’s external borrowing jumps 66% to $2.71 bn in June
Ø RBI interest rate setting panel starts 3-day meet
Ø Reliance Infrastructure to close Rs 19K cr Mumbai power biz sale with Adani Transmission next week
Ø July-September business optimism index rises 12% since last year, says report
Financial Chronicle
Ø Small traders to be exempt from GST registration
Ø RBI lists 240 new accounts for NPA tag
Ø Mahindra aims a full range commercial vehicle brand
Ø India infra deficit too large to be filled soon: S&P
Ø E-tailers may have to store data in India
31.07.18 Economic News
👉In an Important Decision, Supreme Court Constitution bench declares that When there is Ambiguity in Exemption Notification, it should be Interpreted in Favour of Revenue
👉CBIC releases draft on New Simplified GST Returns -- Sahaj and Sugam -- for seeking comments from stakeholders
👉Govt. extends Due Date for filing GSTR-6 by Input Service Distributors for the months of July 2017 to August 2018 until the 3oth day of September 2018
👉PNB fraud: India requests Antigua and Barbuda Govt to detain Mehul Choksi and to not let him Travel by Land, Air or Sea
👉Vijay Mallya’s Extradition Case reaches Final Stage in UK court, with a final hearing scheduled for Today, when the Crown Prosecution Service (CPS) on behalf of India and the Defence are due to present Final Submissions.
👉Chennai NCLT allows merger of LLP & Private Companies, which could kick off a New Wave of Mergers And Acquisitions and Open A New Frontier in the Resolution Space of Stressed Assets
👉RBI starts the Second Round of Asset Quality Review (AQR) and sends out a Fresh List of 240-Odd Accounts that banks have to recognise as NPAs. Second round AQR is important because the RBI is asking banks to recognise them as NPA from a previous date.
👉SEBI Fines Central Bank of India with Rs. 3 Lakhs, for Violating Debenture Trustee Norms
👉Govt. Imposes 25% Safeguard Duty on Imported Solar Panels from China and Malaysia for two years to protect Domestic Players from Steep Rise in the Inbound Shipments of the product.
👉Delhi HC issues notice and sought the stand of the Centre, Amazon and Flipkart on a PIL alleging that the E-Commerce Companies were Violating Foreign Direct Investment (FDI) Norms.