Saturday, 1 December 2018

Current Affairs on 1st December 2018

Today's Headlines from www:

*Economic Times*

📝 Government breaches full-year fiscal deficit target at October-end

📝 Forex reserves drop by $24.02 billion to $400.52 billion in April-September

📝 Tata Steel works on strategy to raise share of value added steels to 30%

📝 Government plans to set up NBFC with Rs 2,000 cr to fund food processing firms

📝 IDFC Bank to seek shareholders' nod next month for name change

📝 Tech Mahindra launches new business unit for video services in 5G

📝 GEECL to invest $2 bn to exploit shale gas reserves

*Business Standard*

📝 Govt nudges telcos, airlines to raise rates, shun bitter price wars

📝 NBFCs remain fastest-growing sector for deployment of bank credit: RBI

📝 Govt puts curbs on gold dore imports, places it under restricted category

📝 LIC pays govt Rs 24 billion as dividend from its Rs 48-billion surplus

📝 BSE to launch bidding platform for retail investor in G-secs, T-bills

📝 FPIs invested Rs 109.25 bn in equity, debt in November

📝 US, Canada, Mexico sign trade deal to replace NAFTA after bickering

*Financial Express*

📝 SoftBank sets $21-billion IPO, skipping price range

📝 Healthcare takes centre-stage in policy narrative: Niti Aayog

📝 India’s Q2 GDP growth slows down to 7.1%; massive fall from 8.2% in June quarter but still beats China

📝 Government extends deadline for filing TDS returns for Oct-Dec to Jan 2019

📝 US proposes changes to H1B visas; to be given to most skilled, highest paid foreign workers

📝 Dalmia Bharat Cement develops new chemically modified cement

📝 Centre, states apportion Rs 33,000 crore IGST in November

📝 Pizza Hut plans to open over 200 outlets in India by 2022

*Mint*

📝 UrbanClap raises $50 million in funding led by Steadview, Vy Capital

📝 UIDAI asks banks not to discontinue Aadhaar payment system

📝 Govt seeks inter-ministerial consultation on draft data protection bill

📝 Core sector growth slows to 4.8% in October

📝 Anil Ambani clears legal hurdle to sell telecom assets to Reliance Jio

📝 Subsidised LPG price cut by ₹6.5, non-subsidised by ₹133

📝 Cairn to partner US oil services consortia to develop Indian blocks.

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