Morning News Round-up:
Ø US budget deficit drops to $435 billion, office says
Ø Govt plans to seek special dividend from top PSUs to meet tax deficit
Ø ‘China faces unprecedented eco policy challenge’
Ø Moody’s maintains US credit rating and stable outlook
Ø US dollar is own worst enemy, says London hedge fund
Ø Tea Board enforcing PPC to check excess use of chemicals
Ø RBI to be payment aggregator for GST
Ø Sebi steers clear of fresh probe in NSEL scam
Ø Redington to acquire Turkey based Linkplus
Ø SC refuses to modify order restricting use of Aadhaar cards
Ø Govt should allow FDI in multi-brand through PPP: Assocham
Ø Insurance Regulator may allow long term products in health
Ø India’s solar installations set to quadruple in two years
Ø Tesco shows signs of recovery after profit collapse
Ø BSE to conduct PAN-based self-trade prevention checks from Oct 12
Ø Indian pharma sector likely to achieve $55 bn turnover by 2020
Ø Additional spectrum: Court to pass order on charge on Oct 15
Ø Tata Steel UK’s deficit in pension scheme stands at $138 m
Ø IMF warns emerging markets of risk from external shocks
Ø Maharashtra govt orders Lavasa to return 191 acres of land to tribals
Ø ONGC boosts spending as exploration costs likely to drop
Ø Volkswagen halts sale of Polo models in India
Ø 75% of Jaypee Group’s debt has default rating
Ø ArcelorMittal exits Algeria by handing over stakes to govt
Ø Sensex jumps 103 points up on global cues, strong rupee, Nifty settles at 8,177;
Ø Air India to raise Rs 700-cr bank loan to pay for 6 Dreamliners
Ø RBI’s e-Kuber be used for a/c settlement under GST: Panel
Ø Trucks entering Delhi to pay environmental tax: NGT
Ø PM Narendra Modi’s Make-in-India plan could hurt IAF
Ø HC restrains Glenmark from business of anti-diabetes drugs
Ø ONGC, Cairn seek relief from high crude tax
Ø Punj Lloyd enters transmission, distribution segment
Ø Jubilant Life gets USFDA nod for Indomethacin capsules
Ø Mercedes-Benz India sales up 34% in Jan-Sep period
