Saturday, 1 December 2018

Current Affairs on 1st December 2018

Today's Headlines from www:

*Economic Times*

πŸ“ Government breaches full-year fiscal deficit target at October-end

πŸ“ Forex reserves drop by $24.02 billion to $400.52 billion in April-September

πŸ“ Tata Steel works on strategy to raise share of value added steels to 30%

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

πŸ“ IDFC Bank to seek shareholders' nod next month for name change

πŸ“ Tech Mahindra launches new business unit for video services in 5G

πŸ“ GEECL to invest $2 bn to exploit shale gas reserves

*Business Standard*

πŸ“ Govt nudges telcos, airlines to raise rates, shun bitter price wars

πŸ“ NBFCs remain fastest-growing sector for deployment of bank credit: RBI

πŸ“ Govt puts curbs on gold dore imports, places it under restricted category

πŸ“ LIC pays govt Rs 24 billion as dividend from its Rs 48-billion surplus

πŸ“ BSE to launch bidding platform for retail investor in G-secs, T-bills

πŸ“ FPIs invested Rs 109.25 bn in equity, debt in November

πŸ“ US, Canada, Mexico sign trade deal to replace NAFTA after bickering

*Financial Express*

πŸ“ SoftBank sets $21-billion IPO, skipping price range

πŸ“ Healthcare takes centre-stage in policy narrative: Niti Aayog

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

πŸ“ Government extends deadline for filing TDS returns for Oct-Dec to Jan 2019

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

πŸ“ Dalmia Bharat Cement develops new chemically modified cement

πŸ“ Centre, states apportion Rs 33,000 crore IGST in November

πŸ“ Pizza Hut plans to open over 200 outlets in India by 2022

*Mint*

πŸ“ UrbanClap raises $50 million in funding led by Steadview, Vy Capital

πŸ“ UIDAI asks banks not to discontinue Aadhaar payment system

πŸ“ Govt seeks inter-ministerial consultation on draft data protection bill

πŸ“ Core sector growth slows to 4.8% in October

πŸ“ Anil Ambani clears legal hurdle to sell telecom assets to Reliance Jio

πŸ“ Subsidised LPG price cut by β‚Ή6.5, non-subsidised by β‚Ή133

πŸ“ Cairnβ€Što partner US oil servicesβ€Šconsortia to develop Indian blocks.

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