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Monday, 3 December 2018

03 December 2018 News

3rd December 2K18

Economic Times
 
Ø  Modi ready with another GST like reform to boost trade
Ø  Government brings in three think tanks to strategise for RCEP talks
Ø  China turns down India's proposal to trade in Re-Yuan
Ø  Govt forms panel to look at sale of OIL, ONGC fields
Ø  362 infra projects show cost overruns of Rs 3.39 lakh cr
Ø  SBI to sell 3 bad loan accounts to recover dues

Business Standard

Ø  Finished steel exports fall over 23%; imports up 17% in October
Ø  Govt to revamp SEZ incentives policy, focus on employment over exports
Ø  Allow private participation in PSBs to resolve NPA crisis: Subramanian
Ø  RBI needs a strong balance sheet for independence, credibility: Fitch
Ø  Proposed acquisition of PFC by REC needs approval of RBI, CCI: Official
Ø  Yields soften, but companies hold back bond plans over IL&FS overhang
Ø  I-T dept probing Axis Bank staff for allegedly facilitating benami deals

Business Line

Ø  Playing safe, govt may defer rollout of new GST returns system
Ø  Auto sales skid in November on subdued consumer sentiments
Ø  IBC outcome encouraging and disposal quite quick: IBBI chief
Ø  Adani Energy faces State audit after power bills shoot up in Mumbai
Ø  Allcargo’s Avvashya CCI Logistics to expand overseas

Mint

Ø  US, China finally agree to halt levy of new tariffs for 90 days
Ø  Indian Oil reduces jet fuel prices to lowest in 7-month
Ø  SC likely to hear PIL for J&J hip implant patients today
Ø  Maruti Suzuki domestic sales decline, M&M rise in November
Ø  Theresa May threatened with vote to bring down govt over Brexit

Financial Express

Ø  BSNL employee unions decide to defer strike
Ø  War on black money: Swiss government agrees to share details of 2 Indian firms
Ø  RBI may cut inflation outlook yet again
Ø  Fuel prices continue to fall amid reports of deal to cut crude output
Ø  Vodafone-Idea: Spectrum outgo to stress balance sheet

Financial Chronicle

Ø  MTNL chief bats for merger with BSNL
Ø  GSI to provide geological reports of 18 mineral blocks this month
Ø  MFs lose nearly half the value of Yes Bank holdings
Ø  Steel companies eye expansion through brownfield route
Ø  New norms likely to diversify jute industry