Thursday, 4 August 2016

Economic Times


Business Standard

Ø   GST rate of 18-20% to cause mild inflation: Economists

Ø  Telcos penalised for wrong subscriber verification

Ø  Credit and deposit growth remains tepid for banks

Ø  India's July Iranian crude imports surge 21%

Ø  '5,200 MW solar capacity to be added in 2016-17'

Ø  No proposal from Apple to make iPhones in India as yet

Ø  GST to make insurance costlier by 300 bps



Ø  Cabinet nod to bring Uber, Ola under Motor Vehicles Act

Ø  RS passes GST Constitutional Amendment Bill

Ø  Essel group to set up virtual network operation with BSNL

Ø  Cabinet approves a flat SUC of 3% for upcoming spectrum auction

Ø  FIPB clears 7 foreign investment proposals worth Rs 300 cr

Ø  NSE group firm, CERSAI unveil online C-KYC registry

Business Line

Ø  GST to curb black money, April 2017 roll-out tough: Experts 

Ø  Anti-dumping duty plan may boost steelmakers

Ø  NSE Q1 net drops 44% to Rs. 187 cr on SGF transfer

Ø  Petroleum Ministry asks FinMin to reduce crude oil cess

Ø  Dredging Corpn achieves Rs. 676 cr turnover in 2015-16 

Ø  Markets have already priced-in GST passage, say analysts

Mint

Ø  SunEdison India sale said to draw Khazanah, Hindujas

Ø  Reliance Jio gets green nod for AAE-I subsea cable project

Ø  Tata Technologies plans to acquire companies to expand its defence footprint

Ø  ICRA lowers outlook on Adani Ports, reaffirms ratings

Ø  Samsung said in talks to buy assets of Fiat auto-parts unit

Financial Express               

Ø  CCEA okays formula to pay production subsidy to sugar mills

Ø  Government to further import 30,000-tonne tur, urad pulses

Ø  Govt gives nod to monetize 75 road projects; to garner Rs 1L cr

Ø  25-30 yrs needed for lifting poor above international line: Govt

Ø  Cabinet gives nod to new Motor Bill, steep penalties proposed for violation of traffic norms



Financial Chronicle

Ø  Franklin Templeton MF’s assets fall on quality issues

Ø  Global gold ETFs see record inflows, hold 2,240 tonne

Ø  Reforms, monetary policy to push growth to 8%: S&P

Ø  TVS Motor eyes 18% market share in 2 years

Ø  Anti-China steel tariffs bite engg, manufacturing firms

Ø  Bitcoin worth $72m stolen from Bitfinex exchange in HK

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