Thursday 17 September 2020

@AlliesFin Serve Stock Market's Post

Economic Times



Business Standard

Ø Lok Sabha passes legislation to bring cooperative banks under RBI's supervision

Ø India to be a big hub for production of Russian vaccines: Kirill Dimitriev, CEO, RDIF

Ø Indian airlines seek $1.5 billion interest-free credit line from government

Ø Govt may defer levying import duty on display assembly for a year

Ø Q1 growth fell on decline in all sectors except agri: Govt informs Parliament

Ø OECD forecast a deeper contraction of 10.2% for India in the current fiscal



Ø Govt to bring out strategy paper on boosting industrial growth: Goyal

Ø GDP to contract 8.6% in FY21, fiscal stimulus needed soon: UBS Securities

Ø Fraud-hit PMC approaches other banks for possible merger: Administrator

Ø Global net zero emissions goal would require $1-2 trn investment/yr: Study

Ø Vedanta wins case for $499 mn award claim; SC rejects govt plea

Ø Revenues of Indian airlines fell 85.7% in April-June due to Covid-19: Puri

Business Line



Mint

Ø Initial data show advance tax mop up crossing ₹24,000 cr

Ø Government to sell shares in Mazagon Dock in October

Ø Ocean economy hit hardest by pandemic: World Resources Institute

Ø Sterling and Wilson promoters seek more time to repay dues

Ø Direct tax refunds worth ₹1.06-lakh crore issued till Sept 15

Ø Ericsson launches integrated Packet Core Firewall to boost 5G core security





Ø India's June quarter thermal coal imports down 42%

Ø Flipkart may fast-track IPO plan to 2021

Ø India's African oil imports hit 10-month high in Aug: shipping data

Ø Dish TV India adopts Make in India, plans to shift 50% production to India

Ø Motherson Sumi to cut dependence on auto parts biz, tap four other sectors

Financial Express



Deccan Chronicle

Ø Self-reliance in electronics, defence, pharma sectors can lead to import substitution of $186 billion: Study

Ø Indo-China trade deficit dips to $5.48 billion in April-June

Ø Pharma sector offers potential for high exports but India overly relies on China for drug ingredients



Ø Economic recovery in India likely to be gradual: RBI governor Shaktikant Das

Ø Merchandise exports continues to decline in August, trade deficit widens sequentially

Ø Home prices across India fall 2.3 per cent in six months
By: via @AlliesFin Serve Stock Market

AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post

*India Daybook – Stocks in News* *Kirloskar Oil:* Net profit up 86.1% at ₹146.8 cr vs ₹78.9 cr (YoY) Revenue up 20% at ₹1,660 cr vs ₹1,383...