World 🌎| ‘We will never start war with India:’ Imran Khan
- He said: ‘I want to tell India that war is not a solution to any problem’
Hindu: http://bit.ly/2Lk6vLM
Economy & Business 💰| Core sector growth slows to 2.1% in July
- This makes up for 2/3rds of the IIP
- Manufacturing PMI also slipped to a 15 month low in Aug
Livemint: http://bit.ly/2LqXcKd
#PMI: Purchasing Manager’s Index
#IIP: Index of Industrial Production
Auto-makers ‘demand’ tax cuts as sales forecasts plummet
- Passenger vehicle sales fell 34% for Aug for top 6 managers
- The sector attracts a GST rate of 28% plus cesses
Reuters: https://reut.rs/2Lq1iSR
🗣Interesting: Ecommerce companies Flipkart, Amazon may face a repackaging challenge
Opinion: Bank Mergers Are No Silver Bullet for India
- ‘The benefits won’t be felt for years, while Modi’s government is staring at an economic crisis now’
Bloomberg: https://bloom.bg/2ZA35yE
