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Friday, February 2, 2018

Morning News Headlines





Morning News Headlines


Economic Times


● Data oil to help run the economy on digital highway: Nandan Nilekani, Infosys

● Budget 2018: Divestment target met for the first time

● Imported luxury cars to be costlier by up to Rs 10 lakh

● PM Awas Yojana: Rs 21K cr for affordable housing drive

● Hike of 60% in LPG scheme target fuels investor fears


Mint


● FM puts a premium on expansion in rural infrastructure

● Consumer goods makers see spike in rural demand

● Bitcoin prices slump to lowest this year after India clampdown

● Budget 2018: Govt brings back LTCG tax on equity, mutual fund investments

● SpiceJet surges as government proposes Udan expansion


The Business Standard


● TV18 to increase Viacom18 stake to 51%

● Budget 2018: Govt revises fiscal deficit target for FY19 to 3.3% of GDP

● NTPC: strong generation, anaemic profits in Q3

● Budget 2018: Jaitley announces health insurance cover of Rs5 lakh for India’s poorest

● ICICI Bank flatters on asset quality but niggling concerns remain



The Hindu Business Line


● Budget 2018: Defence budget increased by a mere 7.81% to Rs2.95 trillion

● 10-year bond yield closes at over 22-month high, rupee weakens against US dollar

● Nandan Nilekani on Budget 2018: The govt is investing in basic infrastructure, both physical and digital

● Budget 2018: Textile industry welcomes fund allocation for textile sector

● Dabur India lays Patanjali threat to rest, for now



Sources : Economic Times, Mint, The Business Standard, The Hindu Business Line.