Daily News Monitor: 2 August 2017

HEADLINES:

1. Protectionism against Chinese products will boomerang on India: China daily

2. India, Russia sign 3 contracts on Kudankulam

3. RBI policy today: 25 bps rate cut to 6% expected as inflation at record low

4. Nirmala Sitharaman holds talks on growing trade deficit

5. Demonitisation: RBI will give junked notes’ figure after counting, says FM

6. July data shows minor ripples as India’s biggest reform sets sail

7. GST: Council to decide on anti-profiteering mechanism at Saturday meet

8. 33 lakhs taxpayers added to tax net post demonitisation

9. GST hiccups stay for distributors, chemists

10. FAME scheme: Over 60% of subsidy goes to hybrid 4 wheelers

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