Daily News Monitor: 4 August 2017

HEADLINES:

1. FDI in textile doubled to $619 million in 2016-17

2. India’s renewable energy sector can create 300,000 new jobs by 2020

3. Chinese media tells investors: Update your knowledge about India, it is much better than you think

4. Centre looks to trim drug input imports from China

5. No more freebies: Modi government plans to crackdown on marketing by drugmakers

6. ‘Digitally savvy Indian consumers to drive consumption in the next 10 years’

7. GST Impact: Services PMI plunges to 45.9 in July

8. GST rates on sweets, garments: CBEC gives this clarification

9. Arun Jaitley indicates scope for rationalization of rates under GST

10. RBI says it’s comfortable with currency in circulation

11. Mars Chocolate over moon after toppling Mondelez in India in modern trade segment

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