Saturday, 1 September 2018

01 September 2018 News

Quote of D-DAY

Punctuality is not about being on time, it's basically about *Respecting Your Own Commitments.*

Have a Self-committed Saturday !!!

Happy Reading on 01.09.2018

*Mint*

=> *GDP growth zooms to 8.2% in June quarter, beats estimates*

=> Vodafone Idea dials in with 408 million customers, ₹19,300 crore in bank

=> India Post Payments Bank launch today

=> India opens lead with China in growth sweepstakes

=> UIDAI relaxes Aadhaar enrolment targets for banks

=> Diesel price crosses ₹70/litre mark for first time ever; LPG rates up by ₹1.49
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*Business Standard*

=> Elephant starts running: India's Q1 GDP growth soars to 9-quarter high of 8.2%

=> Downward march: Rupee breaches 71-mark against dollar for first time

=> RBI skips meet on stressed power assets; SBI, PNB seek more time for resolution

=> Coca-Cola brews new plan with $5-bn UK-based coffee chain Costa buy

=> IndusInd Bank begins hunt for Sobti successor; to see 3 internal candidates

=> *Income tax returns surge 76%, cross 52 million filings before deadline*
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*Economic Times*

=> Banks serving summons to defaulters through WhatsApp, emails

=> Before Rafale deal, Russia rejected Reliance Defence in favour of PSUs

=> Census 2021 to collect OBC data, first since 1931

=> Maternity law: Big companies unlikely to go slow on women hiring

=> Xiaomi India migrating its local data to India cloud infrastructure

=> With 80% salary hikes, Machine Learning and AI is the hottest career right now
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*Financial Express*

=> Stressed power assets: Panel discusses issues, RBI plays truant

=> Agri exports: PMO set to review policy on Monday

=> Gujarat government partners with US advocacy group for 'Vibrant Gujarat' summit

=> US defence secretary James Mattis to visit India

=> Pakistan supports Iran's stance on nuclear deal

=> US urges Indian Ocean Region countries to reaffirm commitment to global rules and norms
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*Hindustan Times*

=> Fear grips police force in Kashmir as families turn collateral

=> After tit-for-tat abductions, relatives of J&K police released by militants

=> At 8.2%, GDP grows at its quickest pace in 2 years

=> US seeks to downplay fears of sanctions on India over Russia arms deals

=> Rajasthan withdraws clause threatening pay cut for skipping Teachers’ Day

=> J&J made Indian patients haggle for compensation after faulty hip recall
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*Indian Express*

=> Concocted to criminalise me, activists, says Sudha Bharadwaj

=> New police-militant faultline in Kashmir Valley: family versus family

=> *Cheteshwar Pujara proves rock and star as India take lead against England*

=> Law panel says uniform civil code not desirable now, reform family laws first

=> OBC count to be part of Census 2021, 3 decades after Mandal Commission

=> Spending surge powers growth: GDP is up 8.2%, best in over two years
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*The Hindu*

=> Kerala set to collect funds abroad

=> Gauri Lankesh Balaga demands ban on Sanatan Sanstha

=> SAARC meet to allow India-Pakistan interface

=> Rahul Gandhi plane snag: Pilots reacted late, reveals DGCA probe

=> Brazil’s Lula da Silva barred from running for presidency

=> Myanmar Army uses ‘fake images’
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*The Times of India*

=> Pay Rs 25,000 to keep old car number in Delhi

=> Wink not blasphemous, says SC, clears actor

=> Nehal crowned Miss Universe India 2018

=> OBC data to be collected as part of Census in 2021

=> Rafale deal smacks of ‘global graft’, alleges Rahul

=> Supreme Court defers Article 35A hearing till Jan
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*अमर उजाला*

=> देश का सबसे बड़ा पेमेंट बैंक आज से होगा शुरू, पीएम मोदी करेंगे उद्घाटन

=> अमेरिका की एकतरफा मांगों को नहीं मानेगा पाकिस्तान : इमरान खान

=> मोदी की हत्या की कथित साजिश मामले की सीबीआई क्यों नहीं कर रही जांच: राकांपा

=> जैन मुनि तरुण सागर का 51 साल की उम्र में निधन, आज दोपहर 3 बजे होगा अंतिम संस्कार

=> एशियाई खेलों के इतिहास में पहली बार ब्रॉन्ज मेडल के लिए जंग लड़ेंगे भारत-पाक

=> दो भारतीय भारत वाटवानी और सोनम वांगचुक को मिला रमन मैग्सेसे पुरस्कार
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*हिन्दुस्तान*

=> जनगणना 2021 : आजाद भारत में पहली बार जुटाए जाएंगे OBC के आंकड़े

=> आज से होगी पोस्ट पेमेंट बैंक की शुरुआत, PM मोदी करेंगे उद्धाटन

=> 51 साल की उम्र में जैन मुनि तरुण सागर महाराज का दिल्ली में निधन

=> मंगल ग्रह पर अपरच्यूनिटी रोवर के ऊपर का आसमान हुआ साफ

=> डोनाल्ड ट्रंप ने दी WTO को चेतावनी, 'सुधर जाओ वरना हम अलग हो जाएंगे'

=> अटल के नाम पर सौगात: लखनऊ में बनेगा 300 बेड का आयुर्वेद अस्पताल
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*दैनिक जागरण*

=> अफवाहों पर न दें ध्यान, आज से पूरे हफ्ते में खुले रहेंगे बैंक, एटीएम में भी मिलेगा पर्याप्त कैश

=> भारी बारिश से दिल्ली-एनसीआर बेहाल, राष्ट्रपति भवन में गार्ड सेरेमनी कार्यक्रम स्थगित

=> एमपी की मतदाता सूची कांग्रेस को वर्ड फार्मेट में क्यों नहीं दे सकते : SC

=> प्रसिद्ध जैन मुनि तरुण सागर महाराज का दिल्ली में निधन, PM मोदी ने जताया शोक

=> राफेल को कांग्रेस ने ओलांद की महिला मित्र के फिल्म करार से जोड़ा

=> बदहाली के दौर से गुजर रहा पाकिस्‍तान, नौ अरब डॉलर के कर्ज की जरूरत
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*प्रभात ख़बर*

=> प्रिया प्रकाश वारियर को सुप्रीम कोर्ट से राहत, तेलंगाना में दर्ज FIR रद्द

=> Asian Games 2018: भारतीय महिला हॉकी को झटका, जापान से हारकर सिल्वर से संतोष

=> Samsung का सस्ता स्मार्टफोन Android Go के साथ लांच

=> प्रसिद्ध क्रांतिकारी राष्ट्र संत जैन मुनि श्री तरुण सागर जी महाराज का निधन

=> गूगल की भारत में हर जगह के व्यक्ति को इंटरनेट का इस्तेमाल करने में सक्षम बनाने की योजना

=> INDvsENG 4th Test : पुजारा के नाबाद शतक से भारत को 27 रनों की महत्वपूर्ण बढ़त
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01.09.18 Economic News

👉PM to launch India Post Payments Bank on Sept 1 i.e. Today, that seeks to leverage the expansive network of the postal department to ensure financial inclusion for the masses.

👉CBDT proposes changes in Rule 114 of the Income-Tax Rules, 1962, inter alia provides for the manner in which an application for allotment of a PAN shall be made in Form No.49A and Form No.49AA. It is proposed to amend the rules so as to provide that furnishing of Father’s Name shall not be mandatory for a person whose mother is the Single Parent.

👉CBDT Releases 2nd Annual Report of its Advance Pricing Agreement (APA) Programmes. The primary goal of such programmes is to provide certainty to taxpayers in respect of the Transfer Price of the Cross- Border Transactions undertaken by such taxpayers with their group entities.

👉CBDT notifies rule 11UAB for Determination of Fair Market Value for Inventory which has been Converted into, or treated as, Capital Asset.

👉CBDT exempts income of The Press Trust of India Limited as per Section 10(22B) of Income Tax Act 1961 for Assessment Years 2019-2020 to 2021-2022

👉CBIC informs that the number of E-Way Bills Generated from April 1st to till Today has just crossed 20 Crores. It said that first 10 Crore E-way Bills generated in 83 days while next 10 Crore E-way Bills Generated in Just 66 days..!

👉Indian Customs goes Digital: In a bid to go Digital, the Indian Customs Deptt. to Avoid Manually Issued Mate Receipts, which has been eliminated after the Automation of Customs Procedures.

👉India's Growth Engine Picks Pace: Apr-Jun Q1 GDP Growth Rate Zooms to 8.2%, Highest in over two years. India also cemented its status as the World’s Fastest Growing Major Economy, ahead of China, which grew 6.7% in April-June 2018.

👉The Competition Commission of India (CCI) is likely to come out with its Amended Regulations on Merger and Acquisition (M&A) by the Second Week of September.

👉Aircel-Maxis case: Enforcement Directorate questions P Chidambaram for Fourth Time. The Former Finance Minister and his son Karti Chidambaram are out on Interim Bail Till October 8.