Thursday, 13 September 2018

Current Affairs on 13th September 2018

Today's Headlines from www:

*Economic Times*

πŸ“ Telecom department chalks out plan to reduce rows with telcos

πŸ“ Government determined to contain fiscal deficit at 3.3 per cent

πŸ“ Rs 1 lakh crore plan for 14 mega national job zones in the works

πŸ“ Centre approves Rs 2,250 crore scheme to build capacity to bring out important sets of data

πŸ“ Bank credit rose by 13.49%; deposits by 8.9%

πŸ“ CIL aims aspirational production of 652 million tonne for FY19

πŸ“ Bandhan Bank backs out of race to acquire PNB Housing

*Business Standard*

πŸ“ Apple unveils larger iPhones, health-oriented watch to monitor heartbeat

πŸ“ At a 10-month low of 3.69% in Aug, retail inflation below RBI target

πŸ“ Industrial production grows at 6.6% in July; electronics, pharma shine

πŸ“ YES Bank evaded Rs 330 mn tax via 'cut and pay' scheme: GST authority

πŸ“ Cabinet okays new procurement mechanism for crops

πŸ“ Garden Reach Shipbuilders & Engineers' Rs 3.4 bn IPO to open on Sept 24

πŸ“ Cabinet approves 100% electrification of railways at a cost of Rs 121.34 bn

πŸ“ PNB puts 21 NPA accounts on sale to recover over Rs 13.2 billion

*Financial Express*

πŸ“ ASEAN leaders agree to tap 4th Industrial Revolution

πŸ“ Sugar stocks rise after govt hikes ethanol price by 25%

πŸ“ Cabinet approves MoU on blockchain by Exim Bank

πŸ“ Amazon business supply program may reach $25 billion by 2021

πŸ“ China puts off licenses for US companies amid tariff battle

πŸ“ Exports up 19.21 per cent in August; trade deficit at $17.4 billion

πŸ“ Cashew exports hit hard on high operation cost, competition: Icra

*Mint*

πŸ“ Govt prohibits manufacture, supply, sale of 328 FDC drugs

πŸ“ Nayara Energy to spend Rs 1.5 lakh crore for capacity expansion, petrochem complex

πŸ“ Payment security mechanism for private power firms on the cards

πŸ“ Fiat Chrysler is seeking more than $7 billion for Magneti Marelli from KKR

πŸ“ BPCL to shift LPG facility out of Mumbai refinery

πŸ“ Deutsche Bank weighs forming a holding company

πŸ“ Texas retirement fund pledges $75 million for IndoSpace’s venture.

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