6th October 2K20
Ø BRICS Summit to be held virtually on November 17
Ø India's gas imports set to rise, demand reaches pre-pandemic level
Ø Non-basmati rice exports from India increases 68% YoY in April-July period
Ø Vodafone lenders approve merger of Indus Towers with Bharti Infratel
Ø September sees strongest recovery since pandemic broke out: HDFC
Ø AirAsia India only getting funded by Tatas, not Malaysian parent
Ø Everything in place to make India global leader in AI: Mukesh Ambani
Ø Sales of Biocon's itolizumab surge as phase-4 clinical trials begin
Ø India Inc's foreign borrowings drop 47% to $1.75 bn in August: RBI data
Ø Reliance scraps merger of Viacom18 with Sony after 'strategic rethink'
Ø SC asks govt, RBI to put K V Kamath panel's debt recast report on record
Ø L&T bags orders across business segments
Ø IEX reports a 45% increase in power trade volume during September
Ø Steel prices marked up for the fourth month in a row
Ø IBBI to rope in agency to study individual indebtedness
Ø Marico sees partial revival of sentiments in FMCG sector in Q2
Ø RAISE 2020: India to become global hub for AI, says PM Modi
Ø GST Council decides to extend compensation cess beyond June 2022: Sitharaman
Ø Sebi comes out with uniform timeline for listing securities on private placement
Ø Moody's assigns Ba2 rating to JSW Steel's unsecured notes, Fitch gives BB-minus
Ø Greece’s economy to shrink by estimated 8.2 per cent this year
Ø Business economists see coronavirus as biggest risk: Survey
Ø Kalpataru Power, JV partner complete 100 pc stake sale in JKTPL
Ø SC asks Centre, RBI to file Kamath panel suggestions, decisions on loan moratorium
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⚫PM said that India will aim to become a global hub for artificial intelligence through technology based learning and skilling for workforce and students and help solve long-term issues such as climate change and pollution.
⚫The Supreme Court asked the Centre and the RBI to place on record the KV Kamath committee's recommendations on Covid-19 related debt restructuring, opening a new dimension in the ongoing case related to the interest waiver on loans during the moratorium period.
⚫High drama unfolded at the crucial GST Council meeting. At least 10 Opposition-ruled states resisted the finance secretary attempts to “abruptly” conclude the meeting in favour of the first option on the issue of compensation.
⚫The Centre said procurement of kharif paddy has been going on smoothly and over 8 lakh tonnes has been purchased at MSP by paying Rs 1,511.13 crore to farmers in last nine days.
⚫US Centers for Disease Control and Prevention in an updated guidance said Covid-19 can spread through airborne transmission, a month after it took down a similar warning. It said some people could get infected by exposure to the novel coronavirus in small droplets and particles, or aerosols, that can linger in the air for minutes to hours.
⚫Chief of Air Staff did not rule out procurement of more Rafale jets, and said the induction of the French made multi-role aircraft has given the Indian Air Force an operational edge to strike "deep and hard".
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