Saturday, 6 October 2018

CURRENT AFFAIRS on 06.10.2018

Today's Headlines from www:

Economic Times

📝 RBI surprises markets, holds repo rate at 6.5%; stance turns hawkish

📝 Crude to trade in $80-$85 range as bearish sentiments take over

📝 Forex reserve falls $1.26 billion to $400.52 billion

📝 Thomas Cook India Group acquires 24% stake in TravelJunkie Solutions

📝 Performance bonus for FY18 to cost Coal India Rs 1,600 crore

📝 Value fashion retailer CityLife to open 40-50 new stores; plans to raise funds

📝 Sembcorp Energy looks to scale up solar capacity

📝 NTPC, IRCTC ink pact to set up Rail Neer unit at Simhadri power plant

Business Standard

📝 Sebi asks stock exchanges to check steep fall in shares of several firms

📝 Rupee at 74 to a dollar is still better than its EM peers, says Urjit Patel

📝 RBI plans voluntary retention route to attract long-term overseas money

📝 Bosch expects its electric two-wheeler solutions to hit Indian roads soon

📝 Opaque currency regime may restrict rupee-renminbi trade mechanism

📝 China spy chips report threatens Pentagon's $10-billion defence contract

📝 YES Bank names experts to look for new managing director; stock falls 4.16%

Financial Express

📝 Dairy industry, farmers seek cut in GST rates

📝 RBI issues norms for operating electronic trading platforms

📝 SoftBank nearing $500 million investment in ride-hailing firm Grab, say sources

📝 Akamai’s second biggest facility opens in India

📝 5G in India a step closer: Government invites Huawei for next gen 5G mobile network trials

📝 Private investments plunge to 25% in FY18; fall 1200 bps from FY08 high: Report

📝 RBI lowers retail inflation projection to 3.9-4.5 pc for second half of FY19

Mint

📝 Defying US, India inks $5 billion deal with Russia

📝 RBI proposes new FPI norms in bid to attract long-term investments

📝 Trent to acquire Lodha office space for ₹200 crore

📝 Flipkart, Amazon in tight race for exclusive tie-ups with phone makers

📝 Omidyar Network to invest $250 million in Indian ventures

📝 Don’t rely on short-term funds to fund long-term projects, says RBI

📝 Govt moves to shield IL&FS board from adverse cases.

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