Friday, 5 October 2018

Current affairs on 05.10.2018

Today's Headlines from www:

Economic Times

📝 India and Russia to sign over $7 billion defence deals

📝 ICICI Venture in talks to buy stake in Micro Plastics

📝 PSB losses to come down to Rs 50,000 crore in FY19: Report

📝 Business Process Management industry revenue close to $32.5 billion

📝 Bio-CNG incentives to usher paddy stubble-based green projects

📝 DoT to ask Trai about suitability of 28 GHz band for 5G services

📝 Jet Airways gets Rs 258 crore from Jet Privilege

📝 HMSI to invest Rs 630 crore to ramp up capacity by 0.6 million by 2020

Business Standard

📝 Essar Steel bid: ArcelorMittal, Numetal get two weeks to clear dues

📝 Gross direct tax collection up 16.7% to Rs 5.47 trillion in April-September

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

📝 Micro-housing finance boom hits roadblock due to liquidity crisis

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

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

📝 Importers stuck as deals go haywire after sudden and sharp fall in rupee

Financial Express

📝 Etihad offers Jet Airways an interim relief of $35 million

📝 Corporate advance tax growth rate doubles

📝 Panel asks RBI to explore rupee-renminbi trade

📝 ISA assembly okays $9-m annual budget

📝 Dabur India bets big on direct distribution

📝 Japan’s Kubota Corp drives into India with its engines

📝 Uber plans to expand in India

📝 Expect airfares to go up by 3% as costs up 20%: Crisil report

Mint

📝 Govt blinks, reduces excise duty on petrol, diesel by ₹2.5/litre

📝 New IL&FS board meets, discovers the extent of complexity

📝 Droom raises $30 million to boost credit, certification services

📝 LIC makes open offer for 26% stake in IDBI

📝 Chanda Kochhar quits as CEO of ICICI Bank, Sandeep Bakhshi to take over

📝 RBI  may tighten capital adequacy rules for NBFCs

📝 Blume raises $40 million for third fund, targets total corpus of $80 million

📝 Cut in fuel prices may make ₹9,000 crore dent in oil retailers’ profits.

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