Tuesday, 4 September 2018

04 September 2018 News

Quote of D-DAY

If you wait for happy moments, you will wait Forever.
But if you *Start Believing* that You are Happy, *You will be Happy Forever.*

*That's Life !!!*

Good Afternoon !!!

Happy Reading on 04.09.2018

*Mint*

=> US duty hikes begin to hurt as steel exports plunge 42%

=> India allows state refiners to use Iran tankers, insurance for oil imports

=> Vodafone Idea raises ₹1,500 crore via debt

=> Atal Pension Yojana: Retirement scheme for workers in unorganised sector

=> Anil Agarwal to take Vedanta Resources private on 1 October

=> GMR Infra divests stake in four Indonesian firms
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*Business Standard*

=> FPIs ring alarm bells on Sebi ownership notice; $75 bn assets could be hit

=> Singapore RCEP talks hit tariff roadblock; India to take call before Nov

=> Maharashtra's builders, buyers in jam after SC bans construction activity

=> 10-year bond yield touches 8%, rupee falls to 71.18 against dollar

=> Modi govt to hike allocation for Ayushman Bharat healthcare scheme

=> India to soon have London-like 'one-nation-one-card' policy for transport
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*Economic Times*

=> Supreme Court construction ban may take toll on development

=> Airtel CEO's note to staff after losing crown

=> Steel major Jindal studies breakup as $6 billion debt weighs

=> ITC looks to launch milk-based beverages

=> Congress to give tickets only to social media savvy aspirants

=> IndiGo, GoAir offer low-fare tickets for September-March travel
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*Financial Express*

=> ATM-debit-cum-transit cards coming soon; you might soon be able to make direct payment for a metro ride

=> *Money becoming more expensive: Yield on benchmark bond touches psychological 8%; Rupee slips to 71.21*

=> Taxing times: Bombay HC pulls up Income Tax Department, says taxman losing cases deliberately

=> Government gets Rs 3,000 crore from Advance Pricing Agreements with MNCs, but pacts slowing

=> GAIL hit by government's import sops for steel firms, input costs up by 27-46%

=> Worrying trend: Export credit plunges 47% in July even as priority sector lending up 7.5%
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*Hindustan Times*

=> *In just three months, monsoon mayhem killed 1,400 across India*

=> Congress gains over BJP in closely-fought Karnataka civic body election

=> 9 deaths confirmed due to ‘rat fever’ in Kerala floods, 37 more suspected

=> Delhi airport may overtake London’s Heathrow in traffic volume by 2020

=> I&B ministry tells television channels to use term Scheduled Castes, not Dalits

=> 8,000 kg shark fins seized from Mumbai and Gujarat, four arrested
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*Indian Express*

=> In Rafale season, Government rejects Russia’s request for Adanis as AK-rifle deal partner

=> AFSPA: Army chief Bipin Rawat asks why officers, soldiers filed plea in SC

=> AMU to Govt: Idea to drop ‘Muslim’ from name preposterous

=> Hotline, Naval liaison, intel sharing: India-US 2+2 pacts on the table

=> Student arrested after Tamil Nadu BJP chief complains she said ‘fascist BJP govt’

=> Refrain from using word Dalit, stick to Scheduled Caste: I&B Ministry to media
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*The Hindu*

=> Governor’s office intervened to end J&K kidnap drama

=> Talks on for logistics deal with Russia

=> Bombay High Court questions press meet by police on activists’ arrests

=> Kerala floods aftermath: Kuttanad may never be the same again

=> Congress flags ₹29,000-cr. coal import scam

=> Woman held in Thoothukudi for calling BJP Govt. ‘fascist’
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*The Times of India*

=> TN loan scam: 15 ‘borrowers’ die in 6 months

=> Nizam’s gold tiffin box, other antiques stolen

=> Isro plans first overseas ground base at North Pole

=> E-ready: Trial run for green buses from October

=> K'taka civic polls: Cong pips BJP, JD(S) comes 3rd

=> Amid row, IAF pilots get to train on Rafale fighters
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*अमर उजाला*

=> हैदराबाद में 2007 के दोहरे बम विस्फोट मामले में आज आ सकता है फैसला, धमाकों में 44 लोगों की गई थी जान

=> बाढ़ के बाद अब रैट फीवर की गिरफ्त में केरल, अब तक इस बीमारी से 9 लोगों की हो चुकी है मौत

=> विपक्षी एकता को ध्वस्त करने के लिए छोटे दलों के सहारे महामुकाबले की तैयारी में जुटी भाजपा

=> देश भर में परंपरा और उत्साह के साथ मनाई गई श्रीकृष्ण जन्माष्टमी, विदेशों में भी रही धूम

=> स्कूलों में स्वच्छता सुविधाएं बेहतर करने में भारत ने की तेज तरक्की, यूएन रिपोर्ट में खुलासा

=> राष्ट्रीय पुरस्कार के लिए चुने गए 45 शिक्षकों से आज मिलेंगे प्रधानमंत्री मोदी
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*हिन्दुस्तान*

=> जम्मू-कश्मीर के संविधान को सुप्रीम कोर्ट में चुनौती

=> पाकिस्तान में राष्ट्रपति चुनाव आज, आरिफ अल्वी के जीतने की संभावना

=> मौसम अलर्ट: मानसून इस बार भी उत्तर भारत में देर तक रहेगा

=> तबाही की बारिश: पूरे देश में बाढ़ और भूस्खलन से 1400 ने गंवाई जान

=> कश्मीर: राज्यपाल सत्यपाल मलिक असंतुष्टों से करेंगे बातचीत

=> तेल की कीमतों से अभी राहत नहीं, दाम घटने की उम्मीद कम
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*दैनिक जागरण*

=> फोर्स की कार्रवाई से बौखलाए नक्सली, चुनाव में कर सकते हैं बड़ी वारदात!

=> ईरान की आग में अपने हाथ जला बैठा है अमेरिका, युद्ध की नहीं कोई आशंका

=> बाढ़ के बाद केरल में रैट फीवर का कहर, नौ की मौत, 71 और लोगों में लक्षण

=> कामरेड का सनसनीखेज खुलासा: शहरी नक्सलियों ने किया कांग्रेस नेताओं से सहयोग का दावा

=> पीएमओ ने बजट में क्षेत्रीय संतुलन बनाए रखने को लेकर दिए सभी मंत्रालयों को निर्देश

=> कोयला घोटाले में घिरी कंपनियों की धीमी जांच पर बिफरी कांग्रेस
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*प्रभात ख़बर*

=> केरल: बाढ़ के बाद अब 'रैट फ़ीवर' का कहर, दो दिनों में 11 मौतें

=> रांची : लालू की इसीजी व इको हुई जांच, ठीक काम कर रहा दिल, संक्रमण का पता लगाने के लिए होगी टीएलसी जांच

=> पटना : जन आरोग्य योजना का प्रायोगिक शुभारंभ, निजी अस्पतालों में भी 5 लाख तक का फ्री इलाज

=> IGI दिल्ली एयरपोर्ट पर बैग में गोलियां ले जा रहा व्यक्ति पकड़ा गया

=> 'XXX' की अगली सीरीज में नजर आयेंगी दीपिका पादुकोण, हो गया कंफर्म

=>  पटना : 6 से 13 सितंबर तक बंद रहेंगे पैथोलॉजी लैब
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04.09.18 Economic News

👉The Authority for Advance Ruling (AAR), Karnataka held that the money paid by the customer to the driver of the cab for the services of the trip is liable to GST

👉Foreign Portfolio Investors(FPIs)  worry over SEBI’s April 10 circular on KYC Norms. FPI body has sought SEBI’s immediate intervention over its April 10 circular. The circular had asked FPIs to comply with KYC norms by December 31, 2018.

👉RBI buys Gold for First Time in nearly a Decade as it has bought nearly 8.5 Tonnes of Gold in FY 2017- 18. The RBI held just over 566 Tonnes of gold as on June 30, 2018, compared with 558 Tonnes as on June 30, 2017.

👉NCLT Approves 1:10 Swap Ratio for the merger of National Multi Commodity Exchange (NMCE) with the Indian Commodity Exchange (ICEX)

👉Cotton Association of India (CAI) & BSE to Join Hands to Develop Futures Trading Platform. BSE is planning to soon Launch Cotton Futures Contract. This will benefit the Entire Cotton Sector in the Country.

👉SBI-led consortium has sought permission from the RBI to postpone Insolvency Action Against a Subsidiary of Videocon Industries, that owes the lenders over Rs 20,000 Crore

👉Govt  is in the process of identifying 25 Export-Oriented Clusters to boost India's shipments from the Handicrafts Sector

👉11 companies approach SEBI with IPO proposals worth Rs 7,000 Crore in August

👉EPFO allows enrolment of new employees without Aadhaar in Assam, Meghalaya, Nagaland due to low penetration of Aadhaar in these states

4th September 2K18

Economic Times

Ø  Currency volatility to have 'limited impact': Fitch
Ø  Banks with over 10 branches to have IO: RBI
Ø  RBI unions withdraw mass casual leave plan
Ø  Anil Agarwal succeeds with Vedanta Resources buyout
Ø  Sebi's income rose 25% to Rs 752 crore in FY17
Ø  NCLT approves 1:10 swap ratio for ICEX, NMCE merger
Ø  Investors' complaints hit 6-year high of 43,000 in FY18

Business Standard

Ø  Falling rupee to keep base metals costlier in India despite global lull
Ø  Tepid use of funds accruing to NMET slows down mineral exploration
Ø  Allahabad Bank to raise about Rs 15 bn via disinvestment in non-core assets
Ø  10-yr bond yield touches 8%, Rupee hits record low of 71.18 against dollar
Ø  Govt allows state refiners to use Iran tankers, insurance for oil imports

Business Line

Ø  About 1,800 businesses apply for migration to GST regime
Ø  Domestic airlines may post higher losses at $1.90 b: CAPA
Ø  L&T Construction bags orders worth Rs 2,654 cr from MSRDC
Ø  Relief in sight for Adani, Tata and Essar’s Gujarat power projects
Ø  R-Infra wins Rs. 200-cr arbitration award against NHAI

Mint

Ø  India manufacturing PMI eases in August on softer domestic demand
Ø  DLF to invest over ₹ 1,400 crore in Gurugram project
Ø  Vijay Mallya gets 3 weeks to file reply on ED’s plea
Ø  Jindal Steel & Power studies breakup as ₹42,000 crore of debt weighs
Ø  LIC board to meet tomorrow to decide IDBI Bank stake hike plan
Ø  Manipal to pick up minority stake in Cigna TTK Health Insurance

Financial Express

Ø  RBI data: Loan defaults by MSMEs doubled in last fiscal
Ø  Icra keeps ratings of IDBI Bank’s bond programmes under watch
Ø  Vodafone Idea raises Rs 1,500 crore via debt
Ø  SBI responds to Singapore govt initiative with remittance centre

Financial Chronicle

Ø  Govt appears committed to fiscal discipline, consolidation
Ø  Exclusive zero-debt club shines as others fight corporate debt
Ø  Focused on inflation targeting, Patel took Rajan policies forward
Ø  Rubber production-consumption gap widens to 58% in Q1FY19