10th April 2K19
Economic Times
Ø Government meets FY19 fiscal deficit goal of 3.4%
Ø India to grow at 7.3% in 2019 and 7.5% in 2020: IMF
Ø Tatas take over Usha Martin's steel business
Ø Current economic atmosphere 'a delicate moment': IMF
Ø PSEs to stay PSUs even with below 51% govt stake
Ø BSNL collects record Rs 6,500 crore in revenue
Ø SBI reduces MCLR, home loan rates from April 10
Business Standard
Ø Direct tax collection may fall short of Rs 50,000 cr in FY'19: Official
Ø US criticises India's data localisation norms, draft e-commerce policy
Ø Trump warns EU of $11-bn tariffs over its subsidies to Boeing rival Airbus
Ø NCLAT may ask Arcelor to deposit Essar bid amount of Rs 42,000 cr on Apr 23
Ø New hydropower policy could be last chance for revival of neglected sector
Business Line
Ø CAI trims cotton crop size to 321 lakh bales, lowest since 2009-10
Ø I-T Dept looking at IBC resolution cases for possible tax violations
Ø Ramco Systems bags new order in Australia, New Zealand
Ø Mahindra & Mahindra eyes 50% of tractor revenues from overseas
Ø Opto Circuits enters into one time settlement with Yes Bank
Mint
Ø Power producers outstanding dues on discoms spike 20% to nearly ₹41K cr in Jan
Ø Vodafone Idea expects Indus Tower stake sale in 3-4 months for ₹5500 crore
Ø Polycab ₹1346 crore IPO subscribed over 50 times on last day
Ø Panacea Biotec's lenders approve one-time settlement of outstanding dues
Ø Standard Chartered to pay $1.1 billion for sanctions violations
Financial Express
Ø Fitch affirms ‘BBB-‘ rating to Exim Bank, stable outlook
Ø ‘No deal’ Brexit risks severe economic shock, IMF warns
Ø India highest recipient of remittances at USD 79 billion in 2018: World Bank
Ø India probes dumping of ‘aluminium, zinc coated flat products’ from China, Vietnam, Korea
Deccan Chronicle
Ø Gold falls Rs 235 on muted demand
Ø Overhauled oil policy to apply from 4th bid round: DGH
Ø Rupee snaps 3-day losing streak; rises 37 paise to 69.30 vs USD
Ø Ford may merge India biz in new Mahindra JV
