Friday, 5 October 2018

Current affairs on 05.10.2018

Today's Headlines from www:

Economic Times

πŸ“ India and Russia to sign over $7 billion defence deals

πŸ“ ICICI Venture in talks to buy stake in Micro Plastics

πŸ“ PSB losses to come down to Rs 50,000 crore in FY19: Report

πŸ“ Business Process Management industry revenue close to $32.5 billion

πŸ“ Bio-CNG incentives to usher paddy stubble-based green projects

πŸ“ DoT to ask Trai about suitability of 28 GHz band for 5G services

πŸ“ Jet Airways gets Rs 258 crore from Jet Privilege

πŸ“ HMSI to invest Rs 630 crore to ramp up capacity by 0.6 million by 2020

Business Standard

πŸ“ Essar Steel bid: ArcelorMittal, Numetal get two weeks to clear dues

πŸ“ Gross direct tax collection up 16.7% to Rs 5.47 trillion in April-September

πŸ“ Indian IT industry revenue to grow by 8% to $167 bn in 2018-19 : Nasscom

πŸ“ Micro-housing finance boom hits roadblock due to liquidity crisis

πŸ“ RIL out of $100-bn club as market cap slips to $96.5 bn, TCS lone member

πŸ“ Oil prices will average close to $80/barrel in 2019, says S&P Global Platts

πŸ“ Importers stuck as deals go haywire after sudden and sharp fall in rupee

Financial Express

πŸ“ Etihad offers Jet Airways an interim relief of $35 million

πŸ“ Corporate advance tax growth rate doubles

πŸ“ Panel asks RBI to explore rupee-renminbi trade

πŸ“ ISA assembly okays $9-m annual budget

πŸ“ Dabur India bets big on direct distribution

πŸ“ Japan’s Kubota Corp drives into India with its engines

πŸ“ Uber plans to expand in India

πŸ“ Expect airfares to go up by 3% as costs up 20%: Crisil report

Mint

πŸ“ Govt blinks, reduces excise duty on petrol, diesel by β‚Ή2.5/litre

πŸ“ New IL&FS board meets, discovers the extent of complexity

πŸ“ Droom raises $30 million to boost credit, certification services

πŸ“ LIC makes open offer for 26% stake in IDBI

πŸ“ Chanda Kochhar quits as CEO of ICICI Bank, Sandeep Bakhshi to take over

πŸ“ RBIβ€Š may tighten capitalβ€Šadequacy rules for NBFCs

πŸ“ Blume raises $40 million for third fund, targets totalβ€Šcorpusβ€Šofβ€Š$80β€Šmillion

πŸ“ Cut in fuel prices may make β‚Ή9,000 crore dent in oil retailers’ profits.

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