Quote of D-DAY
*Singleness of Purpose is One of the Chief Essentials for Success* in Life, No matter What may be One's Aim.
Good Morning !!!
Happy Reading on 28.09.2018
*Mint*
=> *IL&FS Financial Services declares fresh defaults of ₹395 crore*
=> *Yes Bank erodes nearly half of its market value in five weeks*
=> As harvesting season nears, Union govt directs northern states to control stubble burning
=> All eyes on Swaraj’s meeting with Saarc ministers
=> EC sets the stage for Telangana elections
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*Business Standard*
=> *Warren Buffett's Berkshire Hathaway closes $300 million investment in Paytm*
=> Numetal to match ArcelorMittal's $5.8-billion bid for Essar Steel
=> *SoftBank to raise $100-billion fund every 2-3 years, says Masayoshi Son*
=> Are mosques integral to Islam? SC declines to refer issue to 5-judge bench
=> RBI frees up about Rs 2 trillion worth of liquidity for the banking system
=> FPIs pull out Rs 196 billion in September; quantum of MF flows slows
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*Economic Times*
=> DoT to consult UIDAI, law ministry on road ahead post Aadhaar order
=> After big bang entry, Ikea faces tariff test
=> *Top management rejig likely at IDFC bank*
=> Aadhaar ruling may hurt state, private services too
=> Myanmar does India-China balancing act in Rakhine
=> Supreme Court to decide on issue of women of all ages entering Sabarimala today
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*Financial Express*
=> Russia, Pakistan sign MoU on gas pipeline from Iran
=> Sushma Swaraj discusses economy, security with BRICS foreign ministers
=> Commerce Minister Suresh Prabhu removes value limit for exports through post
=> Telecom ministry blames people obstructing mobile tower installation for call drops
=> Last 3 days for tenants in Gautam Buddh Nagar to get rent agreements registered
=> *Surgical Strike 2nd Anniversary:* PM Narendra Modi to attend Combined Commanders' Conference, open Army exhibition
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*Hindustan Times*
=> India will continue to buy Iran’s oil, says Iran minister after Sushma meet
=> *Asia Cup Final:* India’s predicted XI– Big boys return; Rahul In,Karthik Out
=> Supreme Court likely to deliver verdict on arrest of 5 activists today
=> Supreme Court refuses to review of mosque order, main Ayodhya hearing next
=> ‘Husband not master’: Supreme Court scraps adultery law
=> Last week, Macron’s approval rating was 29 percent, down from a high of 66.
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*Indian Express*
=> *Lokpal search committee constituted, Justice Ranjana Prakash Desai appointed as chair*
=> SC to decide tomorrow on Elgaar Parishad, Sabarimala temple
=> Model code to kick in right after premature dissolution of Assembly: EC
=> Ayodhya-linked verdict: SC refuses to review 1994 judgment that said 'mosque is not integral to Islam'
=> Govt releases new video of 2016 surgical strikes
=> *Thugs of Hindostan trailer: Aamir Khan and Amitabh Bachchan face off in this action drama*
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*The Hindu*
=> SC to decide on arrest of activists in riots case
=> Sabarimala temple entry verdict today
=> Uzbek President to invite India to join Afghan rail project
=> Antigua offers to assist on Mehul Choksi
=> Centre appoints search committee for Lokpal
=> Adultery no longer a criminal offence as SC scraps Section 497 of IPC
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*The Times of India*
=> Government fights rupee drop in policy moves
=> Adultery no longer a criminal affair, SC rules
=> India will continue to buy Iran's oil: Iranian min
=> US to deport overstaying foreigners from October
=> *Govt. constitutes 8-member search panel for Lokpal*
=> Govt releases new video of 2016 surgical strikes
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*अमर उजाला*
=> आर्थिक संकट से जूझ रही पाकिस्तान सरकार ने भैंस बेचकर कमाए 23 लाख रुपये
=> 200 साल बाद खुला श्रीकाशी विश्वनाथ मंदिर का पांचवां प्रवेशद्वार, अब तक का सबसे चौड़ा द्वार
=> सबरीमाला मंदिर में महिलाओं का प्रवेश हो या नहीं, सुप्रीम कोर्ट आज सुना सकता है फैसला
=> कोरेगांव-भीमा मामला : गिरफ्तार पांच कार्यकर्ताओं पर सुप्रीम कोर्ट आज सुनायेगा फैसला
=> सर्जिकल स्ट्राइक: कमांडरों की बैठक में शामिल होंगे पीएम मोदी, सैन्य प्रदर्शनी का करेंगे उद्घाटन
=> सीलिंग और एफडीआई के खिलाफ आज जंतर मंतर पर प्रदर्शन करेंगे व्यापारी
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*हिन्दुस्तान*
=> भीमा-कोरेगांव हिंसा: नजरबंद 5 कार्यकर्ताओं पर SC का फैसला आज
=> चीन-भारत ने बढ़ाया दोस्ती का हाथ, सीमा पर तनाव कम करने की हो रही कोशिश
=> अमेरिका में रहने की वैध अवधि खत्म होने पर स्वदेश भेजा जाएगा
=> पाकिस्तान ने डॉन दाऊद के साथी को अच्छे चरित्र का इंसान बताया
=> राफेल पर रार: असहमति जताने वाले अफसर ने ही किए थे हस्ताक्षर- सीतारमण
=> यूनियन बैंक ने नीरव मोदी को हांगकांग की अदालत में घसीटा : रिपोर्ट
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*दैनिक जागरण*
=> चुनाव आयोग का बड़ा फैसला, अब विधानसभा भंग होते ही लागू होगी आचार संहिता
=> पीएम मोदी सर्जिकल स्ट्राइक प्रदर्शनी का करेंगे उद्घाटन
=> नागरिकता और जाति मामले में पूर्व सीएम अजीत जोगी के बेटे की मुश्किलें बढ़ीं, गवाह मुकरा
=> राफेल की रार पर कांग्रेस का दावा, मैक्रां ने नहीं किया ओलांद का खंडन
=> वुहान शिखर वार्ता के साए में मजबूत हो रहे हैं भारत और चीन के रिश्ते
=> पाकिस्तान ने OIC में उठाया कश्मीर का मुद्दा, भारत हुआ नाराज, कहा- यह अंदरूनी मामला
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*प्रभात ख़बर*
=> कश्मीर में अलग-अलग मुठभेड़ों में लश्कर आैर हिजबुल के तीन आतंकी ढेर, एक जवान शहीद
=> लोकपाल अध्यक्ष की तलाश के लिए सरकार ने गठित की आठ सदस्यीय समिति
=> Eureka: वैज्ञानिकों ने बनाया दिल की धड़कन जांचने वाला वियरेबल मॉनीटर
=> बोले वेंकैया नायडू : राष्ट्र का निर्माण जन आकांक्षाओं से ही, भारत चाहता है कि पूरा विश्व शांति के साथ रहे
=> आमिर खान के कहने पर नागराज मंजुले की 'झुंड' में शामिल हुए अमिताभ बच्चन
=> मालदीव में बहाल हुआ लोकतंत्र, भारत को संबंधों में मजबूती की आस
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28.09.18 Economic News
👉Ministry of Finance announces that the Fifth Phase of the Electoral Bond Scheme, 2018, a new scheme for ‘Transparent’ Political Funding, will start from 1st October to 10th October 2018. In the fifth Phase, SBI has been authorized to issue and encash Electoral Bonds through its 29 Authorised Branches
👉In a drive to Ensure Companies passed on the benefits of reduction in GST to consumers, the Centre has directed State Metrology Controllers to assist GST Officers to Cross-Verify Revised Sales Price (MRP) of Pre -Packaged Commodities and Consumer Authorities will undertake a drive to check Labelling.
👉Govt will relax Foreign Direct Investment (FDI) Regulations in the Food Processing Sector to give a Boost to it, which has already attracted $8.7 Billion of Investment. MNCs and investors were facing some hurdles, which has now been removed in terms of Modifications & Harmonisation.
👉Commerce Ministry constitutes a 12-Member High-Level Advisory Group which would suggest ways to promote the Country's Trade & on New Foreign Trade Policy. It would look at areas including Exchange Rate Management, Impact of Trade Wars and Strategy to Manage Consequences of Unprecedented De-Stabilising Conflict Oriented Trade Dynamics.
👉RBI allows Banks to consider a further 2% of their Govt Securities Investments as High Quality Liquid Assets (HQLAs) under the Basel-III Calculations, potentially releasing up to Rs 2 Lakh Crore liquidity in market and soothing a market which is jittery about lending to NBFCs.
👉Government plans to set up 8 Special Courts under the National Company Law Tribunal(NCLT) to handle rising number of cases under the Insolvency Law. NCLT handles Company Law Cases and Merger and Acquisitions, apart from Insolvency and Bankruptcy Cases.
👉SEBI has sought details from Mutual Funds about their exposure to all NBFCs and Housing Finance Companies, amid concerns over liquidity in the system
28th September 2K18
Economic Times
Ø Sebi asks MFs for details on exposure to NBFCs
Ø India will continue to buy Iran's oil: Iranian minister
Ø IL&FS Finserv misses loan repayments due this month
Ø PNB approves proposal to raise Rs 5,431 cr from govt
Ø Commerce min forms panel on new foreign trade policy
Ø UCBs converting to SFBs must set up a public co: RBI
Ø Thyssenkrupp mulls separation of major biz
Business Standard
Ø Govt fights rupee drop as RBI takes steps to ease liquidity for banks
Ø Linking Aadhaar becomes mandatory for subscribers availing EPS benefits
Ø Govt may announce steps to boost exports, further curbs on imports: FinMin
Ø SBI to issue and encash electoral bonds from Oct 1 to 10, says FinMin
Ø RBI to meet large shareholders of IL&FS on Friday, discuss turnaround plan
Business Line
Ø NCDEX starts clearing operations via subsidiary
Ø Centre to relax FDI regulations in food processing sector
Ø L&T’s power arm bags orders worth Rs 1,400 cr
Ø WTO slashes global trade growth forecast to 3.9%
Ø NMDC to commission Nagarnar coke oven unit, also steel plant
Ø UST Global acquires Bengaluru-based SeviTech Systems
Mint
Ø Bitcoin mining giant Bitmain reveals IPO plan
Ø Yes Bank erodes nearly half of its market value in five weeks
Ø Anil Ambani seeks to sell control of Reliance Communications
Ø Aavas Financiers share sale subscribed 97% on last day
Ø Spot power tariff climbs to 9-year high of ₹15.37 at IEX
Financial Express
Ø RBI eases cash reserve rules to ease liquidity
Ø Competition Commission penalises Esaote for unfair business ways
Ø French government rules out selling Air France-KLM stake
Ø DoT defers mandatory security testing of telecom gears till January 1
Ø DPE to issue advisories to PSUs to implement strategic HR practices
Financial Chronicle
Ø RBI relaxes SLR norms to ease liquidity crunch
Ø 5th tranche of electoral bonds sale from Oct 1
Ø Indian realty market set to touch $1 trillion by 2030
Ø Import duty on ATF not to make big impact on airlines
