Saturday, 20 October 2018

Current Affairs on 20.10.2018

Today's Headlines from www:

*Economic Times*

📝 Debt refinancing deals slow down in real estate sector

📝 UIDAI tells banks to continue Aadhaar-enabled payments

📝 SC denies income tax exemption to local authority

📝 NBFCs liquidity crunch to hit home loan sales: report

📝 Govt to allow data service initially under in-flight connectivity

📝 PTC India to ink PPAs with 7 firms, 5 states for 1,900MW by Oct end

📝 Reliance Jio 4G revolution may render the 2G featurephone extinct

📝 China trade pact stalls as Trump tariffs feed India backlash

*Business Standard*

📝 Mphasis Q2 net profit up 37% at Rs 2.7 bn on good show in key verticals

📝 Foreign exchange reserves see highest fall of $ 5.1 billion in 7 years

📝 Vanguard Group sees opportunity for EM currencies as dollar extends rise

📝 GST Council allowing dual jurisdiction over assesses worrying traders: CAIT

📝 Fintech firms capturing market share from banks; $250-bn revenue at stake

📝 RBI issues dissent note to govt over regulation of payments system

📝 Fairfax starts infusion in Catholic Syrian Bank, forks out Rs 4.40 bn

📝 China posts slowest growth in nine years; GDP expands by 6.5% in Q3

*Financial Express*

📝 Maharashtra Cooperative Bank seeks RBI permission to takeover urban cooperative banks

📝 Gold imports widen India's trade gap; rise 4% to $17.63 billion in April-September

📝 Reliance Industries raises Rs 3,500 crore on BSE BOND platform

📝 DoT asks MTNL to outline long-term roadmap as part of revival talks

📝 Facebook hires former UK deputy prime minister Nick Clegg as head of global affairs

📝 NASSCOM inks MoU to expand Indian SMEs in MENA region

📝 Government decides to increase the tenure of FSAs between CIL, steel industry

*Mint*

📝 Lenders accept ArcelorMittal resolution plan for Essar Steel

📝 IFC launches $1 billion masala bond programme to aid India investments

📝 RBI opens banking tap to ease liquidity crunch at NBFCs

📝 ICICI Securities reports 3.22% rise in Q2 profit at ₹134.22 crore

📝 Tata Sons said to be in talks to buy stake in Jet Airways

📝 Invesco to buy OppenheimerFunds, adding $246 billion in assets

📝 UltraTech Cement standalone profit at Rs 391 crore

📝 RIL to replicate Reliance Jio model for Jio broadband.

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