Daily News Monitor : 12 October 2017

HEADLINES:

1. IMF pares India’s FY18 growth forecast but sees it regaining ‘fastest-growing’ title in FY19 

2. Srei Group signs MoU with New Zealand based CBL Corporation 

3. India could provide universal basic income of Rs 2,600 a year: IMF 

4. Demonetisation, GST have put economy on stronger track: Arun Jaitley 

5. Dhoot Transmission inks pact with US firm to make electronic switches for vehicles

6. Tata Steel buys Rio Tinto’s smelter technology to cut cost, emission

7. Ajay Narayan Jha will be the next Expenditure Secretary

8. World Bank-aided skilling schemes get the green signal

9. Direct tax collections jump 16% to Rs 3.86 lakh core in April-September 

10. Suresh Prabhu seeks cut in large farm subsidies of developed countries at WTO meet 

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