Happy Reading on 13.10.2018
*Mint*
=> *SEBI eases promoter stake lock-in norm for Bandhan Bank*
=> *Facebook: Hackers accessed 29 million accounts,* fewer than thought
=> *Govt. seeks 3-month respite from legal cases against IL&FS*
=> Venture capital funds explore backing small-town startups
=> *Passenger vehicle sales decline 5.6% to 3-month low in September*
=> Gammon sells Mumbai land in Dombivali for ₹230 crore
...........................................
*Business Standard*
=> *SpiceJet to be the first airline in India to offer free on-board WiFi*
=> IL&FS board initiates austerity measures, appoints directors to 8 main arms
=> *Industrial production loses steam, growth at 3-month low of 4.3 % in Aug*
=> *September retail price inflation inches up, stays below RBI's 4% target*
=> Focus on core biz, cost-cutting steps help HUL deliver robust Q2 numbers
=> *SEBI exempts Bandhan Bank from 1-year lock-in period on promoter shares*
...........................................
*Economic Times*
=> Facebook says attackers stole details from 29 million users
=> *Largest car market faces historic drop as chinese shoppers waver*
=> Row over Essar Steel: Russia's VTB Bank moves SC for clarification
=> *Telcos may take Rs 6,000 crore knock on import duty hike*
=> No internet shutdown in India: Cyber Security official
=> *Get ready for hand baggage chaos while flying this festive season*
...........................................
*Financial Express*
=> *No leave for judges on working days? Filling up vacancies better way to cut backlog*
=> Japan-North Korea relations remain in a freeze - Shinzo Abe seeks an evolution of Yoshida Doctrine
=> *Big moment! India wins election to United Nations Human Rights Council*
=> Finance Ministry refutes FIEO's claims, says Rs 71,169 cr GST refunds cleared till date
=> *SEBI eases cost, compliance burden on Issuer of Debt Securities; does away with security deposits*
=> Microsoft India signs pact with Niti Aayog for Artificial Intelligence tools in agriculture, healthcare
...........................................
*Hindustan Times*
=> India wins seat at UN Human Rights Council for 3 years with highest votes
=> ‘Testing India’s patience’: Sitharaman warns Pak on cross-border terrorism
=> Sedition case against 2 scholars in AMU for raising anti-national slogans
=> *India vs West Indies: R Ashwin fourth fastest Indian to scale Mount 500*
=> Nana Patekar leaves Housefull 4 after Akshay Kumar’s ultimatum: Report
...........................................
*Indian Express*
=> Govt. steps in, legal panel will look into issues arising from #MeToo
=> Supreme Court rejects Congress pleas on VVPAT, draft voter list format
=> Sharing food to garba events for migrants, Gujarat officials fan out to stem exodus
=> Tamil Nadu varsity sex scandal: Raj Bhavan denies charges, calls reports ‘yellow journalism’
...........................................
*The Hindu*
=> Major mission to sequence genes of Indians planned
=> Cyclone Titli: Hundreds of birds die in Odisha
=> Sack Vijay Rupani, urges Congress
=> Settle dispute via talks, TDSAT tells Tata Sky, Sony Pictures
...........................................
*The Times of India*
=> India wins election to UN Human Rights Council
=> #MeToo: Big-ticket filmmakers come under fire
=> Voter lists: SC junks Cong plea, gives EC clean chit
=> SC refuses to stay Bengal gov's Durga puja dole
=> Attach Zakir Naik's 4 properties: NIA court
...........................................
*अमर उजाला*
=> भारत का संयुक्त राष्ट्र में बढ़ा कद, मानवाधिकार परिषद में तीन साल तक करेगा मेजबानी
=> आतंकी फंडिंग मामले में एनआईए ने दिल्ली में कई जगहों पर की छापेमारी,18 लाख कैश समेत अहम दस्तावेज जब्त
=> मन्नान प्रकरण में एएमयू के दो कश्मीरी छात्रों पर देशद्रोह का मुकदमा
=> आतंकवाद के मसले पर एसीओ की बैठक में सुषमा ने पाकिस्तान को घेरा
=> हैकरों ने 2.90 करोड़ फेसबुक यूजर्स का डाटा किया चोरी, 1 करोड़ अभी भी खतरे में
=> J&K: निकाय चुनाव के तीसरे चरण के लिए मतदान शुरू, 241 केंद्र अति संवेदनशील
...........................................
*हिन्दुस्तान*
=> सर्जिकल स्ट्राइक में नष्ट आतंकी कैंप इमरान सरकार में फिर सक्रिय
=> भारत यूएन मानवाधिकार परिषद का सदस्य बना, मिले सबसे ज्यादा वोट
=> अपराधी के छूटने या कम सजा पाने पर पीड़ित को अपील का अधिकार- SC
=> नकली दवाओं की बिक्री रोकने के लिए भारत-ब्रिटेन साथ आए
...........................................
*दैनिक जागरण*
=> संयुक्त राष्ट्र में भारत का दबदबा बढ़ा, मानव अधिकार परिषद में भारी बहुमत से सीट जीती
=> चौटाला परिवार में घमासान बढ़ा, दुष्यंत के साथ निलंबन के बाद दिग्विजय के बागी तेवर
=> महीने के आखिर में जापान जाएंगे पीएम मोदी, बड़ी रणनीतिक साझेदारी की तरफ बढ़ेंगे रिश्ते
=> राफेल पर बढ़ी तकरार, भाजपा के निशाने पर राहुल और कांग्रेस
=> दुर्गा पूजा फंड मामलाः ममता के फैसले पर सुप्रीम कोर्ट का रोक लगाने से इन्कार पर वजह पूछी
=> संयुक्त राष्ट्र में भारत का दबदबा बढ़ा, मानव अधिकार परिषद में भारी बहुमत से सीट जीती
..........................................
*प्रभात ख़बर*
=> झामुमो ने रखी शर्त : विधानसभा की भी सीटें बंटे, तभी बन पायेगा महागठबंधन
=> गुजरात प्रकरण : कांग्रेस ने कहा-अपनी कमजोरियों को छिपाने के लिए भाजपा मढ़ रही है दोष
=> कोलकाता-मुंबई पर आतंकी हमले की साजिश, बढ़ायी गयी सतर्कता, दुर्गापूजा पर रहेगी कड़ी नजर
=> बंगाल में आया चक्रवात तितली, एक की मौत, पश्चिम मेदिनीपुर व झाड़ग्राम जिलों में भारी नुकसान
=> अगले 48 घंटे में ठप हो सकती है इंटरनेट सेवा
=> #MeToo : अक्षय कुमार ने ‘हाऊसफुल4' शूटिंग छोड़ी, निर्देशक की कुर्सी से हटे साजिद खान
...........................................
13.10.18 Economic News
👉Builders across the country are in for a rude shock. They could be soon saddled with a heavy income tax burden .Developers, according to changes in the will have to pay income tax on the entire fair value -- based on the ready reckoner rates -- of all properties they lease out in 2018-19 and later. If a builder, for instance, leases out unsold properties having a combined fair market value of Rs 300 crore, the person may have to fork out more than Rs 90 crore as income tax. This is over and above the tax the builder has to pay tax on rent earned from the lease.
👉The Supreme Court on Friday dismissed a plea by Jaiprakash Associates Ltd (JAL) seeking to restrain ICICI Bank from initiating insolvency proceedings against it.
.
👉 Reserve Bank of India (RBI) deputy governor Viral Acharya on Friday said Prompt Corrective Action(PCA) necessary to stabilize weak banks, Without the PCA imposition, some banks would have incurred even higher losses and required even more of taxpayer money for recapitalisation.
👉To ease the cost and compliance burden on the issuer of securities, markets regulator Sebi has done away with the requirement of 1 per cent security deposits with exchanges for public issuance of debt securities.
👉 Private banks that are being charged goods and services tax on transactions undertaken by their business correspondents are starting to increase their charges on remittances.
👉Finance ministry rubbishes charge of stuck GST claims worth Rs 23,000 crore.
👉The government Thursday hiked the import duty on certain communication items, including base stations, to up to 20 per cent as part of efforts to check a widening current account deficit by curbing imports.
👉 Several top officials of State Bank of India (SBI) are on the radar of the Central Bureau of Investigation (CBI) for disbursing loan to beleaguered liquor tycoon Vijay Mallya without conducting due diligence.
👉India’s basmati-rice exports are expected to pick up, as key importer Saudi Arabia is set to adopt easy residue parameters to take delivery of consignments.
