Sunday, 19 August 2018

Current Affairs on August 19th 2018

Today's Headlines from www:

*Economic Times*

📝 Alibaba eyes joint venture with big Indian companies; in talks with RIL, Tatas, Future Retail

📝 Banks have to be more proactive in identifying risk: RBI

📝 Agri households’ average earnings grew to over Rs 1 lakh in FY16

📝 Government ropes in PSUs to undertake skilling

📝 UIDAI announces phased rollout of face authentication with telcos from September 15

📝 Steps being taken to stop cotton contamination: CCI

📝 Financial distress in India's thermal power sector

*Business Standard*

📝 Rupee might stabilise at 68-69 a dollar: Economic Affairs Secretary Garg

📝 Prime Venture plans to invest in start-ups working in logistics, SaaS

📝 Quest Global may spend $200 mn in making large acquisition, plans expansion

📝 Public sector insurers lose market share to merger plan delay: Irdai data

📝 Demand for co-working space is set to see three-fold rise by 2020

📝 Gold import seen shrinking 15% in 2018, despite festive jewellery push

📝 Banks set to get data rich with UPI 2.0; likely to boost credit scoring

*Financial Express*

📝 IT ministry norms to check fake news soon

📝 NBCC, HUDCO: Government may sell 10% via OFS route

📝 Bankruptcy: Government hints at new law for registered valuers

📝 Elon Musk’s reveals grand plan: Tesla to produce electric cars priced just $25,000

📝 Massive affordable housing boost! Government plans to sanction 75 lakh houses before March 2019 under PMAY-U

*Mint*

📝 Walmart completes deal to buy Flipkart for $16 billion

📝 L&T to consider share buyback on August 23

📝 Amazon, Facebook, Microsoft, Amex, others plan to fight data localisation plans

📝 Infosys CFO Ranganath resigns, deputy may replace him

Volkswagen CEO knew about emissions software months before scandal.

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