Business Standard
Ø   GST rate of 18-20% to cause mild inflation: Economists
Ø  Telcos penalised for wrong subscriber verification
Ø  Credit and deposit growth remains tepid for banks
Ø  India’s July Iranian crude imports surge 21%
Ø  ‘5,200 MW solar capacity to be added in 2016-17’
Ø  No proposal from Apple to make iPhones in India as yet
Ø  GST to make insurance costlier by 300 bps
Ø  Cabinet nod to bring Uber, Ola under Motor Vehicles Act
Ø  RS passes GST Constitutional Amendment Bill
Ø  Essel group to set up virtual network operation with BSNL
Ø  Cabinet approves a flat SUC of 3% for upcoming spectrum auction
Ø  FIPB clears 7 foreign investment proposals worth Rs 300 cr
Ø  NSE group firm, CERSAI unveil online C-KYC registry

Business Line
Ø  GST to curb black money, April 2017 roll-out tough: Experts
Ø  Anti-dumping duty plan may boost steelmakers
Ø  NSE Q1 net drops 44% to Rs. 187 cr on SGF transfer
Ø  Petroleum Ministry asks FinMin to reduce crude oil cess
Ø  Dredging Corpn achieves Rs. 676 cr turnover in 2015-16
Ø  Markets have already priced-in GST passage, say analysts

Mint
Ø  SunEdison India sale said to draw Khazanah, Hindujas
Ø  Reliance Jio gets green nod for AAE-I subsea cable project
Ø  Tata Technologies plans to acquire companies to expand its defence footprint
Ø  ICRA lowers outlook on Adani Ports, reaffirms ratings
Ø  Samsung said in talks to buy assets of Fiat auto-parts unit

Financial Express
Ø  CCEA okays formula to pay production subsidy to sugar mills
Ø  Government to further import 30,000-tonne tur, urad pulses
Ø  Govt gives nod to monetize 75 road projects; to garner Rs 1L cr
Ø  25-30 yrs needed for lifting poor above international line: Govt
Ø  Cabinet gives nod to new Motor Bill, steep penalties proposed for violation of traffic norms

Financial Chronicle
Ø  Franklin Templeton MF’s assets fall on quality issues
Ø  Global gold ETFs see record inflows, hold 2,240 tonne
Ø  Reforms, monetary policy to push growth to 8%: S&P
Ø  TVS Motor eyes 18% market share in 2 years
Ø  Anti-China steel tariffs bite engg, manufacturing firms
Ø  Bitcoin worth $72m stolen from Bitfinex exchange in HK