Klips for 3rd Sept

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

ET: http://bit.ly/2LlRBom

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

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