Thursday, 1 August 2019

@AlliesFin Serve T.ME/ALLiESFiN's Post

*Business Standard :*


Ø Eight core sectors' output rises 0.2 per cent YoY: Govt

Ø US Fed lowers interest rates for first time since 2008, signals more cuts

Ø HDFC lowers lending rates by 10 basis points

Ø Auto makers cut production by 11% in Q1: Report

Ø Govt receipts only 14% of full year target in 1st qtr

Ø Government raises subsidy for non-urea fertilisers

Ø Vedanta contributes 0.40% to India GDP, says study

Ø Core sector growth at 50-month low in June; 4 out of 8 sectors contract

Ø Jewellery exporters may be covered under credit insurance benefit

Ø Fiscal deficit touches Rs 4.32 trillion in Q1, 61.4% of budget estimate

Ø RBI allows domestic banks to sell NPAs abroad as one-time settlement

Ø FPIs pull out over Rs 11,000 crore in July, highest in nine months

Business Line


*Mint :*


Ø In 3 months, fiscal deficit exceeds 61% of full-year target

Ø Govt, exporters discuss strategy to increase exports to US, China

Ø Tamilnadu Petroproducts profit rises 90% in Q1

Ø Ashok Leyland’s Q1 profit plunges 45% to ₹230 cr

Ø Blue Dart April-June quarter profit drops 73%

Ø ICRA's rating cut stifles Yes Bank's ability to raise fresh capital

Ø Government gives more time to direct tax code panel to finalise report

Ø Cabinet approves bill to regulate chit funds industry

Ø Eicher Motors Q1 net dips 22% to ₹452 crore

Ø Tata Global Beverages Q1 net profit rises 10% to ₹141.68 crore

Ø Cabinet approves bill to prohibit all unregulated deposit schemes

Financial Express


*Deccan Chronicle :*


Ø India’s exports need to contribute $1 trillion in economy: Piyush Goyal

Ø US ‘working hard’ with India to help grow its economy: Mike Pompeo

Ø Trade war: China blames US’ flip-flop as talks end without breakthrough

Ø Cafe Coffee Day term loans put on watch by Icra

Ø Rupee settles 6 paise higher against dollar ahead of Fed meet outcome

Ø IOC net drops 47 per cent on lower refinery margins

Ø Allahabad Bank okays raising Rs 2,000 cr equity capital via QIP

Ø India 10-yr bond yield drops as FPIs shift from equities to debt
By: via @AlliesFin Serve T.ME/ALLiESFiN

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