Wednesday, 2 January 2019

02 January 2019 News

2nd January 2K19

Economic Times
 
Ø  GST mop-up drops to Rs 94,700 crore in December 
Ø  In a first, NCLT allows govt to reopen IL&FS books
Ø  Tata Motors domestic sales fall 8% to 50,440 units in Dec
Ø  Sebi takes aim at extremist speculators with a new rule
Ø  FSSAI to focus on imposition of food standards in 2019
Ø  Govt waives late fee for non-filers of GST returns
Ø  Sebi directs 13 entities to disgorge over Rs 1.6 crore unlawful gains

Business Standard
 
Ø  RBI allows one-time restructuring of MSME loans of up to Rs 25 crore
Ø  Passenger vehicle sales dip in December on weak sentiment, unsold stock
Ø  With 65% fall, Voda Idea among worst performing Asia Pacific stocks in 2018
Ø  UPI transactions rise 25%, cross Rs 1 trillion mark in December
Ø  Margin gains ahead for Pidilite on lower crude prices, stronger rupee

Business Line
 
Ø  Exporters look forward to online refund of input tax credit
Ø  Price, not distance, will be the key for crude oil purchases from US
Ø  Tight liquidity, low sentiment slow down auto makers in Dec
Ø  India cuts tax on palm oil imports from Asean nations
Ø  Competition panel approves Resurgent’s acquisition of Prayagraj Power Generation
Ø  MEP Infra ties up ₹568 crore for Thane-Vadape road project
 
Mint

Ø  Worst of the NPA crisis is over, says RBI report
Ø  Urjit Patel wanted to resign months ago, says Narendra Modi
Ø  Financial constraints may slow down nation’s Metro rail story
Ø  Era Infra lenders may seek investors to fund litigation
Ø  Sebi notifies physical delivery of derivatives in phased manner
Ø  Blackstone Group has sent arbitration notice: Gateway Distriparks

Financial Express
 
Ø  NBFCs still lost deep in the woods, says Uday Kotak
Ø  Government notifies new annual GST return forms
Ø  Fortis extends date to buy assets held by RHT
Ø  Urban Ladder posts 137.60% increase in FY18 revenues
Ø  ITD Cementation to shoulder Rs 7,525-crore AVPPL’s granite woes
 
Financial Chronicle

Ø  India remains fastest growing economy ahead of China
Ø  Four-fold jump in quantum of money defrauded from banks in 4 yrs: RBI
Ø  MTNL turns to DoT to pay December salary
Ø  10-yr gilt yields decline on RBI rate cut hopes
Ø  Banks’ bilateral exposure to financial system at 46.5%