Wednesday, 6 March 2019

06 March 2019 News

6th March 2K19

Economic Times
 
Ø  Govt agreed to lower corporate tax as GST mop-up rises
Ø  Feb jobless rate climbed to 7.2 per cent: CMIE
Ø  India's import duties within WTO norms: Govt
Ø  India to reimburse freight for exports of farm products
Ø  Mobile data rates cheapest in India: Study
Ø  Voda Idea, Airtel pay spectrum dues; RCom yet to pay
Ø  ITC hikes prices of Bristol, Flake Excel and Capstan

Business Standard

Ø  February services PMI shows uptick, overall inflation rate softens
Ø  RBI to buy govt securities via OMO for Rs 12,500 crore on Thursday
Ø  L&T Infrastructure Finance Company moves NCLT against Essar Power
Ø  Haldia Petrochemicals to invest Rs 28,700 cr in Phase-I on Odisha project
Ø  RInfra pips L&T, Afcons to win Rs 648 cr contract for Hirasar airport
Ø  SBI, PNB may buy other banks' exposure to debt-laden Jet Airways

Business Line

Ø  Wheat price hovers around MSP with arrivals set to rise
Ø  Glenmark Pharma gets USFDA nod for hypertension drug
Ø  PIL blames Tata Steel of hoarding mines
Ø  BEL, Israel’s Elbit Systems in tech pact for helmet-mounted display system
Ø  Zydus Cadila gets USFDA nod for transdermal product
Ø  L&T Construction bags multiple orders worth over ₹ 5,000 cr across 3 states
 
Mint

Ø  Indian steel firms seek higher duties on steel imports as prices drop
Ø  Mukesh Ambani is 13th richest in world: Forbes
Ø  China to slash taxes, boost lending to prop up slowing economy
Ø  CCI dismisses unfair biz complaint against Inox, Hindustan Coca-Cola Beverages
Ø  Copper rises as Chinese promises tax cuts and infrastructure

Financial Express
 
Ø  India to tap growing tractor market in Latin America
Ø  US, China close to trade deal; Beijing to ensure better IPR protection, buy more from US
Ø  Nirav Modi firms’ independent directors failed as mentors, says SFIO
Ø  Donald Trump acts tough on India; US to withdraw zero duty import benefit on 1,784 items under GSP
 
Financial Chronicle

Ø  E-commerce revolutionised retail sector in India: NITI Aayog CEO Amitabh Kant
Ø  RBI slaps Rs 1 cr fine on Yes Bank for non-compliance in Swift operations
Ø  IL&FS board charges former directors of money laundering, criminal intent
Ø  Sensex surges 378 points tracking positive domestic cues