Thursday, 4 October 2018

03 October 2018 News

3rd October 2K18

Economic Times

Ø  Govt to file review petition over diesel vehicle ban
Ø  Troubles at NBFCs may help banks get back lost share
Ø  PNB wilful defaulters' dues fall to Rs 15,075 cr in Aug
Ø  GST revenue likely to top Rs 1 lakh crore in Nov, Dec
Ø  Ericsson row: RCom seeks 60 days more for payment
Ø  40% power generation from non-fossil fuel by '30: PM
Ø  Agri export policy to be in sync with global rules

Business Standard

Ø  RBI to buy Rs 360 billion worth of bonds in October to ease liquidity
Ø  ONGC to wait for right price before offloading shares in IOC, GAIL
Ø  Dr Reddy's sells US antibiotics manufacturing facility to UAE's Neopharma
Ø  Govt mulls 100% FDI in insurance broking; insurers' cap to stay at 49%
Ø  Sugar makers rush to expand ethanol capacity; 114 applications approved

Business Line

Ø  UN calls for greater India role amidst global chaos
Ø  Govt raises loan limit for MSMEs to over ₹1 crore
Ø  Refiners weigh options to deal with oil price rally, upcoming sanctions on Iran
Ø  Sops for skimmed milk powder exports come under WTO lens
Ø  Earlier intervention by LIC might have helped

Mint

Ø  Task cut out for Vodafone Idea as it moves to leverage synergies
Ø  UPI transactions cross 400 million mark in September
Ø  Former IL&FS directors write to Uday Kotak, extend support
Ø  Task cut out for Vodafone Idea as it moves to leverage synergies
Ø  Impact of rising crude oil prices on packaging cost of cement producers

Financial Express

Ø  India Inc sees rise in credit quality pressure
Ø  US dollar rises against most major currencies
Ø  Walmart eyes 10% revenue from pvt labels, 30 stores by 2019
Ø  Imposition of calamity tax with GST not advisable: CAIT
Ø  Donald Trump threatens new tariffs on China, says no trade deal with Beijing

Financial Chronicle

Ø  Liquidity support lifts rupee government bonds
Ø  Funds lean towards IT as finance sector faces turmoil
Ø  NIM & liquidity issues of NBFCs to remain under control
Ø  Yes Bank reveals part of Q2 results in exchange filing