Thursday, 23 August 2018

Current Affairs on August 23th 2018

Today's Headlines from www:

*Economic Times*

📝 US-China trade war hits $100 billion in goods

📝 Colgate-Palmolive picks Bombay Shaving Company for first Indian investment

📝 Reliance General registers 30% rise in Q1 net profit at Rs 57 crore

📝 P&G Q4 net profit down 43% to Rs 44.55 crore

📝 Centrum set to buy L&T Finance's supply chain business

📝 Gross premium collection of non-life insurers grows 20pc in July

📝 Government imposes restrictions on import of bio-fuels

📝 Indian Oil Corporation to invest over Rs 37,000 cr in TN

*Business Standard*

📝 Curbing piracy could help India's music industry touch Rs 20 bn by 2022

📝 Kerala flood hits spice market as shortage in supply pushes up prices

📝 Fuelled by steel production, coking coal imports may climb to 58 mt by 2023

📝 Finmin asks PSU bank CEOs to check frauds in NPAs or face penal action

📝 Rupee likely to appreciate thanks to relief rally in emerging markets

📝 40% firms failing to file returns under MCA lens, may get deregistered

📝 Sebi planning to add more stocks to additional surveillance mechanism

*Financial Express*

📝 Ramky Infrastructure to sell NAM Expressway to Cube Highways

📝 Analysts concerned about Bajaj Auto profitability

📝 Kharif oilseed sowing up by 8 lakh hectares

📝 Mobile handset production in India to be worth Rs 1.65 lakh crore by 2019: ICEA

📝 Alinz, Petrocard tie up to make portable petrol pumps in India

📝 SC rules in favour of NIA over right to reject insurance claim

📝 Jet Airways to discuss turnaround at Monday board meeting

*Mint*

📝 Haier Appliances to invest ₹3,069 crore to set up manufacturing units in Greater Noida

📝 Flipkart launches 2GUD, new e-commerce portal for refurbished goods

📝 Fed suggests interest rate hike could come soon

📝 22 MFs participated in Reliance Jio’s ₹1,500 crore fundraise via NCDs

📝 P&G June-quarter net profit drops 43% on higher promotional expenses

📝 Singapore’s GIC buys 49% stake in Mumbai-based Provenance Land

📝 Coal India’s CCL says 17 coal mining projects facing delays.

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