03/01/2018
3rd January 2K17
Economic Times
Ø Open to raising deposit insurance cap of Rs 1 L: FM
Ø Govt notifies 1 per cent GST for composition scheme
Ø No proposal of PSB merger under consideration: Govt
Ø Reliance Industries completes $16-billion expansion
Ø Bitcoin not a legal tender in India, says Arun Jaitley
Ø Rupee climbs to fresh 2.5-year high on sliding dollar
Ø Gold imports surge 67% in 2017 on restocking
Business Standard
Ø Parliament passes Insolvency & Bankruptcy Code Amendment Bill
Ø Ruias plan to pay interest, penalty of Rs 35 bn to retain Essar Steel
Ø RIL commissions world's largest refinery off-gas cracker at Jamnagar
Ø Prinicipal Financial to buy PNB's minority stakes in JVs
Ø Average aluminium prices to move up by $150 in 2018-19: Nalco CMD
Business Line
Ø ONGC makes significant oil, gas discovery in Arabian Sea
Ø TRAI issues interconnectivity rules; fixes 30-day deadline for inking pacts
Ø Tata Power commissions 50-MW solar plant in Karnataka
Ø Political funding clean up: Electoral bonds scheme takes off
Ø Lemon Tree Hotels gets SEBI’s nod for IPO
Mint
Ø December PMI data signals revival in manufacturing, Indian economy
Ø Sebi plan on loan defaults runs into RBI hurdle
Ø RINL’s April-December turnover zooms to Rs11,405 crore
Ø Bharatmala project may not be a game changer for cement demand
Ø Sanjeev Gupta to acquire Glencore’s Tahmoor coal mine in Australia
Financial Express
Ø Production of horti crops to hit all-time high
Ø Parliament passes bill to raise Nabard’s capital to Rs 30,000 cr
Ø Clean energy crosses 62 GW mark; solar over 16W, wind 32.7GW
Ø Average traffic speed in top 7 cities drops by 3 kmph: Ola
Financial Chronicle
Ø US may stop H-1B visa extensions, send 750,000 Indians back home
Ø Volkswagen India charts out growth path
Ø MTM losses may require govt to frontload capital in PSBs
Ø Banks to refer 25 accounts to NCLT