Quote of D-DAY
*While investing..*
*We calculate interest on principal..*
*In real life..*
*WE talk of principles but act only*
*as per our Interests..!*
_Good Morning_ 💐💐
Happy Reading on 03.08.2018
*Mint*
=> Apple market value hits $1 trillion mark
=> Tata Sons tells DoT it will take on Tata Tele’s ₹10,000 crore dues
=> Reliance Jio, SBI tie up for digital banking service
=> IITs to help govt monitor colleges, universities
=> Ebix acquires two travel services companies for $14.2 million
=> PNB fraud: CBI likely to file for Mehul Choksi’s extradition from Antigua
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*Business Standard*
=> Cashbacks for GST e-payment on cards; next Council meet to focus on MSME issues
=> RBI policy move: Banks expected to raise term deposit rates gradually
=> Promoter stake in Kotak Mahindra Bank goes below 20% from 30.03%
=> Markets see steepest fall in 4 months on escalating US-China trade tensions
=> Currency in circulation continues to grow fast, may impact liquidity
=> Tata Sons profit up 4.3% in Chandrasekaran's first year in office
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*Economic Times*
=> Can’t fly beyond 60 days, Jet Airways tells staff
=> Niti Aayog may test-drive plan to run petrol cars on 15% methanol
=> Data protection bill may be tabled in winter session
=> Apple hits $1 trillion stock market valuation
=> Vodafone Idea to begin life with focus on cost cuts
=> Vote in favour of Fortis-IHH deal, says proxy advisory firm
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*Financial Express*
=> Reliance Jio-SBI tie-up: Now, watch a movie, or go shopping while banking
=> Amrapali case: SC to NBCC - Ready a plan in 30 days to complete projects
=> US' tariff offensive: India defers plan to hit back by 45 days
=> RBI needs to infuse liquidity for interest rates to stabilise
=> Big record! Apple becomes first US company to hit $1 trillion in market cap
=> Confirmed! Mehul Choksi is in Antigua; move to extradite him to be initiated soon
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*Hindustan Times*
=> TMC leaders refused entry into Assam, scuffle with police at airport
=> Goa plans to revive Portuguese era legislation in bid to resume mining
=> Over 300K Indians applications for Green Card are pending approval with US
=> India, US a step closer to breakthrough in trade issues
=> Virat Kohli masterclass leads India fightback in Edgbaston
=> Focus on trade at Modi-Erdogan dinner on BRICS sidelines
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*Indian Express*
=> Deadlock set to end, Govt clears Supreme Court Collegium’s move to elevate Justice KM Joseph
=> India vs England: Kohli single-handedly keeps India in the contest
=> Those out of register can provide new papers as proof: NRC official
=> The Accidental Prime Minister director held for GST fraud
=> Kerala rape case: Hostile, victim says sex with priest was consensual
=> Aftermath of NRC: Muslim leaders urge members to ensure proper ID proof for all families
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*The Hindu*
=> With rain deficit looming, IMD to ‘review’ forecast
=> Doklam issue: Sushma prostrated before China, says Rahul
=> Kapil, Sidhu pin hopes on Imran Khan
=> Beware the SMS on I-T refunds!
=> Trinamool team held at airport in Assam
=> Apple becomes first trillion dollar company
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*The Times of India*
=> 1st Test: Kohli stands tall as India score 274
=> No meals, just munchies on AI's short flights
=> SC dubs ‘archaic’ Sec 497 arbitrary & anti-woman
=> Those missing from NRC will not lose right to vote
=> Day after RBI hike, HDFC ups loan rates by 20bps
=> Govt panel calls for lifting ban on retailing oxytocin
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*अमर उजाला*
=> भारत के चुनावों को मीडिया के सहारे निशाना बना सकता है रूस
=> अब बाहरी लोगों को 15 दिन में अरुणाचल छोड़ने का फरमान
=> रेलवे ने दी बड़ी खुशखबरी, 26000 से बढ़ाकर 60 हजार की सहायक लोको पायलट और टेक्नीशियन की वैकेंसी
=> मणिपुर फर्जी एनकाउंटर मामले में सैन्य अधिकारी पर मामला दर्ज
=> फिजक्स में पीएचडी डिग्रीधारकों के लिए बड़ी खुशखबरी, लेंगे एमएससी की क्लास
=> एसएमएस की जगह अब व्हाट्सएप पर मिलेगा फ्लाइट, होटल बुकिंग का अलर्ट
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*हिन्दुस्तान*
=> इमरान खान भारत के साथ संबंधों का एक नया अध्याय शुरू करना चाहते हैं
=> चीन के सरकारी अखबार ‘ग्लोबल टाइम्स’ ने की मोदी सरकार की तारीफ
=> UP: शिक्षक भर्ती की जांच में हो सकते हैं नए खुलासे
=> रणनीति:एनआरसी का मुद्दा गरमा कर विपक्ष का चेहरा बनेगी सीएम ममता बनर्जी
=> UP: शिक्षक भर्ती की जांच में हो सकते हैं नए खुलासे
=> MOVIE REVIEW: समाज को आईना दिखाती है ऋषि कपूर-तापसी पन्नू की 'मुल्क'
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*दैनिक जागरण*
=> ओबीसी आयोग को संवैधानिक दर्जा देने का रास्ता साफ, कांग्रेस के बदले तेवर; राज्यसभा में भी आसान होगी राह
=> अखिलेश यादव ने अपने बंगले में कराये 467 लाख रुपये के अवैध निर्माण, तोड़फोड़ की होगी रिकवरी
=> जम्मू-कश्मीर: सुरक्षाबलों को मिली बड़ी सफलता, दो आतंकी ढेर; एनकाउंटर जारी
=> आरुषि हत्याकांडः राजेश व नूपुर तलवार की बढ़ सकती हैं मुश्किलें, SC में आज अहम सुनवाई
=> भगोड़े विजय माल्या को आर्थर रोड जेल में हवा और पानी के साथ मिलेंगी ढेरों सुविधाएं
=> आयकर मुक्त हो सकते हैं पति और ससुर से मिले गिफ्ट
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*प्रभात ख़बर*
=> एनआरसी: तृणमूल सुप्रीमो पर अधीर का गंभीर आरोप, कहा - कांग्रेस को आदमखोर की तरह खा रहीं ममता
=> Netflix पर आयेगी Bahubali से पहले की कहानी
=> ENGvsIND : कोहली के नाम रहा खेल का दूसरा दिन, अश्विन का फिर चला जादू
=> भाजपा प्रदेश अध्यक्ष लक्ष्मण गिलुवा ने कहा- झारखंड में 15 लाख से अधिक बांग्लादेशी, बाहर करें रघुवर
=> पति की सहमति से महिला दूसरे व्यक्ति के साथ यौन संबंध बनाये तो वह व्यभिचार नहीं : सुप्रीम कोर्ट
=> Xiaomi लाया 4G फीचर फोन, JioPhone की होगी छुट्टी...?
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3rd August 2K18
Economic Times
Ø Swiss can give client data to India in tax case: Court
Ø Manipal group in talks to buy AMRI from Emami
Ø 63% of Indian firms struggling with EU GDPR: Report
Ø ONGC Q1 profit jumps 58% YoY to Rs 6,144 crore
Ø Apple becomes the first US company to hit $1 trillion in value
Ø HDFC hikes interest rates on home loans 20 bps
Ø Diversion of homebuyers' money a criminal act: SC
Business Standard
Ø IFC to invest Rs 1.6 bn in MRHFL, proceeds to benefit borrowers in villages
Ø L&T divests stake in L&T Tech to meet 25% minimum public shareholding
Ø Capital First PAT up by 55% to Rs 1 bn for quarter ended June 2018
Ø India may defer imposing higher duties on US imports by 45 days
Ø RBI adds gold to forex reserves in June quarter, buys 2.5 tonnes in March
Business Line
Ø Pfizer Q1 net profit up 61% at Rs 92 cr
Ø ‘GST rate-cuts may lead to revenue shortfall in near-term’
Ø Hindustan Copper to extract gold, silver from copper ore tailings
Ø Cipla’s Uganda arm plans IPO, listing
Ø Delay in revision of fixed costs to hit urea cos: ICRA
Mint
Ø Rosneft’s India venture Nayara rejigs debt to cut interest costs
Ø GE Power India net profit falls 77% to Rs.2.4 crore in April-June
Ø Manpasand Beverages Q1 net at ₹36 crore
Ø Jio Payments Bank, SBI partner for digital banking solutions
Ø Cisco to buy cyber security firm Duo for $2.35 billion
Financial Express
Ø Finance Ministry considering suggestion to exclude income from minor asset transfer
Ø Tata Trusts plans to support 1,000 innovations in tech sector
Ø Government extends scheme to support cos bidding for infra projects abroad
Ø India business will grow to USD 5-6 billion for Lenovo: Chairman
Financial Chronicle
Ø Gold demand falls 8% to 187.2 tonnes in Q2
Ø NHAI, SBI to ink MoU for Rs 25K cr loan
Ø ICICI Bank chairman assures of priority to governance practices
Ø India puts off retaliatory tariff on US products
03.08.18 Economic News
👉President approves The Fugitive Economic Offenders Act, 2018
👉Ministry of Women and Child Development requests to Ministry of Finance for amendment to section 64 of the Income Tax Act, 1961 for Not Including Income Arising from the Asset Transferred for Inadequate Consideration by an Individual to His Wife or Son’s Wife
👉Authority for Advance Ruling held that Supplies made to SEZ units are Zero Rated Supplies and are taxable as per section 16(3) of IGST Act
👉Form DIR3-KYC is likely to be revised on MCA21 Company Forms Download page w.e.f 4th AUG 2018. Stakeholders are advised to check the latest version before filing.
👉RBI is set to allow Banks and NBFCs to Jointly Originate Priority Sector Loans, allowing them to take advantage of each other’s strengths and push credit to this sector.
👉India may delay Imposition of Higher Import Duties on 29 key imports from US by 45 days. These were earlier set to be applicable from Aug 4
👉BSE's Mutual Fund Distribution Platform registers transaction worth over Rs 50,000 Cr in Apr-July
👉Franklin Templeton Mutual Fund will launch an open-ended equity scheme, Franklin India Equity Savings Fund (FIESF), on August 3. Subscription to the scheme will remain open until Aug 17
