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Happy Reading on 27.09.2018
*Mint*
=> SC upholds constitutional validity of Aadhaar, strikes down certain provisions
=> ACs, refrigerators, washing machines to get costlier, import duty hiked on over 19 items
=> Cabinet approves telecom policy to draw $100 bn investment, create 4 mn jobs
=> Fate of 2.37 crore railway job seekers uncertain, TCS appointment challenged in court
=> *BSE gets SEBI’s nod to launch gold, silver futures*
=> Supreme Court verdict on Aadhaar: Constitutionally valid, doesn’t violate privacy
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*Business Standard*
=> Govt hikes import tariffs on 19 items; ACs, refrigerators, footwear to get costlier
=> After SC verdict, private firms wanting to still use Aadhaar look to govt
=> US Fed raises interest rates by 25 bps, foresees another hike in December
=> Deleting Aadhaar data stored with private firms a herculean task: Experts
=> New telecom policy aiming $100 bn investment, 4 mn jobs gets Cabinet nod
=> SBI offloads 4% stake in general insurance arm for Rs 4.81 billion
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*Economic Times*
=> US Fed raises policy rate by 25 basis points
=> Telcos wary of delay in new connection, higher costs
=> Hindustan Lever, Nestle hint at price increases amid rising costs
=> Customs duty on ATF 'negative' for airlines; fares likely to go up
=> *TCS completes Rs 16,000 crore share buyback*
=> Government may resume allotting coal to power plants with short-term PPAs
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*Financial Express*
=> Donald Trump threatens Iran with more sanctions, Macron criticizes his strategy
=> India's solar alliance gets major push with EIB funds
=> Gritty Bangladesh stun Pakistan by 37 runs to set up Asia Cup final date with India
=> Antigua assures full cooperation in Mehul Choksi's extradition
=> US Federal Reserve raises rates, and says more coming
=> IAF vice chief Air Marshal S B Deo shoots in thigh accidentally
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*Hindustan Times*
=> Supreme Court says Aadhaar fine, but restricts use for govt welfare schemes
=> Bangladesh beat Pakistan by 37 runs, face India in the final
=> Customs duty hiked on ‘non-essential items’, flying, ACs to cost more
=> PM Modi conferred ‘Champions of the Earth’ award at UN
=> Is namaz in mosque essential to Islam, Supreme Court to decide today
=> *IISc Bengaluru tops India in Global List of Best Institutes*
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*Indian Express*
=> Ministry of Defence official put on record objections to 36-Rafale deal
=> Aadhaar Act as Money Bill: Fraud on Constitution…violates rights, says Justice (Dissenting) Chandrachud
=> On Election Commission's table: Model code to kick in as soon as House dissolved
=> Asia Cup: Bangladesh stun Pakistan to set up final with India
=> PM Modi invited to Maldives, may go if transition process is smooth
=> Centre replaces tainted MCI with new panel of govt doctors
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*The Hindu*
=> Aadhaar gets thumbs up from Supreme Court
=> Supreme Court ruling on adultery today
=> Lack of consensus stalls demonetisation report again
=> Aadhaar programme reduces a person to 12 digits, says Justice Chandrachud
=> NIA busts terror funding cell
=> Centre sends another advisory on lynching
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*The Times of India*
=> PM Modi, Macron win UN's environmental award
=> Aadhaar stays, minus fangs and pangs
=> Asia Cup: B'desh beat Pak, to play India in final
=> Govt. hikes import duty; ACs, fridges to be costlier
=> Government appoints board to supersede MCI
=> Terror camp hit by surgical strike active again
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*अमर उजाला*
=> व्यापमं मामले में कमलनाथ, दिग्विजय और सिंधिया के खिलाफ एफआईआर के आदेश
=> दिवाली से पहले फूटा 'महंगाई बम', आज से फ्रिज-एसी-वाशिंग मशीन समेत 19 विदेशी वस्तुएं महंगी
=> पाकिस्तान एशिया कप से बाहर, भारत और बांग्लादेश में होगा फाइनल मुकाबला
=> सुरक्षा परिषद में भारत ने फिर जताई चिंता, सुषमा ने जी-4 देशों के विदेश मंत्रियों के साथ की बैठक
=> पीएम मोदी को मिलेगा संयुक्त राष्ट्र का सर्वोच्च पुरस्कार चैंपियन ऑफ द अर्थ अवॉर्ड
=> लोकसभा के लिए आवश्यक सभी वीवीपैट मशीनें नवंबर तक हो जाएंगी उपलब्ध : चुनाव आयोग
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*हिन्दुस्तान*
=> मस्जिद इस्लाम का अभिन्न हिस्सा है या नहीं, सुप्रीम कोर्ट का फैसला आज
=> TV, फ्रिज, फोन, AC समेत कई घरेलू उपयोग के सामान आज से हो जाएंगे महंगे
=> तेल की कीमत में वृद्धि के लिए ट्रंप मुख्य रूप से जिम्मेदार: ईरान
=> NIA ने हाफिज सईद के संगठन के आतंक वित्तपोषण मॉड्यूल का पर्दाफाश किया
=> रेलकर्मी अब आश्रितों को नहीं दे सकेंगे नौकरी
=> अच्छी खबर : गरीब बच्चों को 12वीं तक निशुल्क शिक्षा देने की तैयारी
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*दैनिक जागरण*
=> महंगे हुए एसी, रेफ्रिजरेटर और वाशिंग मशीन, सरकार ने बढ़ाई 19 आइटम्स पर कस्टम ड्यूटी
=> जाली डिग्री मामले में महिला क्रिकेटर हरमनप्रीत पर कसा शिकंजा, SIT करेगी जांच
=> दिल्ली तक फैला है आतंकी हाफिज सईद का जाल, टेरर फंडिंग में सनसनीखेज खुलासा
=> Pak vs Ban: पाकिस्तान को पीट फाइनल में बांग्लादेश, अब भारत से होगी भिड़ंत
=> आज कामतानाथ के दर्शन कर मप्र में सियासी बिगुल फूंकेंगे राहुल
=> मोबाइल, बैंकिंग में आधार की अनिवार्यता खत्म होने से मोदी सरकार करेगी व्यापक समीक्षा
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*प्रभात ख़बर*
=> बाबरी मस्जिद इस्लाम का अभिन्न हिस्सा है या नहीं? सुप्रीम कोर्ट गुरुवार को देगा फैसला
=> Asia Cup : पाकिस्तान को हराकर बांग्लादेश शान से फाइनल में
=> पूर्व मिस इंडिया-एक्ट्रेस तनुश्री दत्ता ने नाना पाटेकर के खिलाफ खोला मोर्चा, लगा डाले छेड़छाड़ से लेकर मारपीट तक के आरोप
=> बिहार, जम्मू-कश्मीर की दो अधूरी होटल परियोजनाओं के हस्तांतरण को मंजूरी
=> केंद्रीय करों में हिस्सा बढ़ाने की 15 वें वित्त आयोग से की जायेगी मांग : सुशील मोदी
=> Asia Cup : पाकिस्तान को हराकर बांग्लादेश शान से फाइनल में
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27.09.18 Economic News
👉SC Aadhaar Verdict: SC holds Aadhaar Scheme Constitutionally Valid and makes Aadhaar Mandatory to link with PAN & for filing Income Tax Returns, But it is Not Mandatory for opening Bank Accounts, Mobile Connections etc.
👉Cabinet approves Proposal to convert the Goods and Services Tax Network (GSTN) into a Government owned entity. As per the proposal, the Central Govt will acquire a 50% stake in GSTN while State Govts. will collectively hold the remaining 50%
👉New enhancements & Changes in E-Way Bill Generation Form to be rolled-out from October 1, 2018. There are 6 New Enhancements done in the E-Way Bill Generation Form
👉Commercial Taxes Dept busted a racket Involved In Issuing Fake GST Invoices to help some dealers claim Input Tax Credit (ITC) from the Govt. 3 Bengaluru-based businessmen, who have been arrested, had issued fake GST invoices worth Rs 203 Crore to Facilitate Bogus Claims
👉Government hikes Customs Duty on 19 items to curb their Import & hence widening Current Account Deficit (CAD).
👉BSE gets SEBI Approval to launch Delivery based Futures Contract in Gold and Silver. "Trading of these contracts will be launched on October 1, 2018. The commodity trading session will be from Monday to Friday 10 am to 11.30/11:55 pm.
👉SEBI issues Show-Cause Notices to 300 Brokerages whose clients lost significant money in the infamous Rs 5600 Crore National Spot Exchange (NSEL) Scam. SEBI’s notice alleged that these brokerages no longer meet the “Fit and Proper Person” criteria and hence should not be allowed to continue as intermediaries
👉ICAI makes use of Unique Document Identification Number (UDIN) mandatory from 1st January, 2019 for Practicing Chartered Accountants to secure the Certificates/Documents Attested/Certified by Practicing CAs & to trace out the fake CAs. Register at https://udin.icai.org/
👉Cabinet approves for signing of a Memorandum of Understanding (MoU) between the Institute of Chartered Accountants of India (ICAI) and the Institute of Certified Public Accountants of Kenya (ICPAK).
27th September 2K18
Economic Times
Ø US Fed raises policy rate by 25 basis points
Ø UNCTAD expects India’s GDP to rise 7% in 2018
Ø World economy on shaky ground: UN report
Ø Bank credit rose by 13.46%; deposits by 8.58%
Ø Aadhaar does not violate Right to Privacy: SC
Ø FinMin begins discussions with PSBs for capital infusion
Ø Centre approves nearly 6.28 lakh houses for urban poor
Business Standard
Ø Tax cuts cannot keep oil prices low for long: Pradhan
Ø Cabinet clears another bailout package for sugar mills worth Rs 55 bn
Ø Govt hikes import tariffs on 19 items; ACs, refrigerators, footwear hit
Ø SBI offloads 4% stake in general insurance arm for Rs 4.81 billion
Ø DRI's NOC a must for duty-free import of edible oil from Bangladesh
Ø Two buyers interested in RCom's leftover businesses: Company official
Business Line
Ø India’s economy continues on robust growth path: ADB
Ø Govt estimates kharif foodgrains output at record 141.59 mt
Ø CIL board okays ‘add on’ over notified price of NEC coal
Ø NMDC to commission Nagarnar coke oven unit, also steel plant
Ø Videocon Industries Ltd. - Invitation To Submit Resolution Plan
Ø Mutual funds gearing up to face debt fund redemption
Mint
Ø Cabinet approves telecom policy to draw $100 bn investment, create 4 mn jobs
Ø Telecom companies may be fined for flouting portability rules
Ø DoT moves to classify dues Aircel owes as statutory
Ø Tata Steel may invest ₹300-400 crore in Usha Martin in FY20: report
Financial Express
Ø Gold prices fall after rising for two sessions, silver
Ø Punjab National Bank, Indian Bank to offload entire stakes in credit info firm Experian
Ø Cryptomining malware shoot up to 86 per cent in Q2 this year, says McAfee
Ø IPR policy reduces pendency of intellectual property applications: DIPP Secretary
Ø Government working to restructure Air India's finances, says Economic Affairs Secretary SC Garg
Financial Chronicle
Ø Centre mulls fresh lease of life for Goa mines
Ø Essar Power commissions 337-km Mahan-Sipat transmission line
Ø Small finance banks lose market share in micro lending
Ø GSTN to be made 100% govt-owned company
Ø Spouses of Indian IT brigade in US may soon lose work permit