Friday, 31 August 2018

Current Affairs on August 31st 2018

Today's Headlines from www:

*Economic Times*

πŸ“ Government to infuse Rs 980 crore as equity in Air India to service debt

πŸ“ Paytm Mall looks to deepen partnerships in fight with Flipkart, Amazon

πŸ“ NBFC-MFIs post over 50 per cent year-on-year growth in Q1 FY19

πŸ“ Tata Capital to raise Rs 7500 crore through public issue of NCDs

πŸ“ True North raises $600 million for buyout fund

πŸ“ Oil Prices Poised for Further Hike: International Energy Agency

πŸ“ Railways ties up with GAIL to use natural gas in production units, workshops

πŸ“ Copper production dips 47%, imports surge 233%

*Business Standard*

πŸ“ Enterprise security costs to touch $1.7 bn as firms face skill shortage

πŸ“ Home, personal loans drive household debt to 4% of GNDI, highest in 7 yrs

πŸ“ Android phones to dominate global market with 85% share in 2018: IDC

πŸ“ Aviation ministry seeks sops from FinMin to boost distressed sector

πŸ“ New insurance rule to raise on-road price of cars, two-wheelers, hit sales

πŸ“ Microfinance sector registers a growth of around 39% in loan portfolio

πŸ“ True impact of invalidating high-value currency has increased tax base: FM

πŸ“ Better bond yields in last one year boost short-term paper volume: ICRA

*Financial Express*

πŸ“ BSE to launch F&O contracts on Bharat-22 index from September 3

πŸ“ Comscore opts for centralised box-office measurement solution

πŸ“ August auto volume growth likely to remain subdued

πŸ“ Electricity demand grows 7.4 per cent in July, thermal PLF lower: ICRA

πŸ“ PSBs lose prominence in Nifty50 over last 22 years

πŸ“ Kerala floods could result in higher loan slippages, insurance claims: Ind-Ra

*Mint*

πŸ“ India’s e-commerce market to grow fourfold to $150 billion byβ€Š2022β€Š

πŸ“ Govt set to give green signal to β‚Ή 5,000 crore UTI AMC IPO

πŸ“ JSW submits revised bid worth β‚Ή6,200 crore for Prayagraj Power
πŸ“ Government woos US tech companies, asks them to invest more in India

πŸ“ IPPB signing up merchants for QR-basedβ€Špayments ecosystem

πŸ“ HPCL to invest β‚Ή75000 crore to expand refining capacity, pipelines, LNG terminal

πŸ“ Apple plans event on 12 September for revamped iPhone lineup

πŸ“ GoAir plans to add 13 A320neo jets by the end of the year.

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