Daily Current Affairs - 19-September-2019 (The Hindu, Indian Express Newspapers)

Find all the important news articles and editorials from The Hindu, Indian Express, Livemint and Economic Times on our Daily Current Affairs Feed.

Please find the daily current affairs and links to read the articles.

Cabinet approves ban on e-cigarettes

The Union Cabinet approved a ban on e-cigarettes, citing the need to take early action to protect public health.

Read the Hindu article here

SC reserves orders on Centre’s review plea against SC/ST Act dilution

The Supreme Court reserved orders on a review petition filed by the government against a March 20, 2018 judgment allowing anticipatory bail to persons accused of committing atrocities on Scheduled Castes and Scheduled Tribes.

Read the Hindu article here

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NBFC loan pricing under RBI lens

After mandating banks to implement external benchmarking for retail loan pricing, the Reserve Bank is now looking at the loan pricing regime of non-banking finance companies to make the practice more transparent.

Read the Hindu article here

SBI’s teaser loan plan may not find favour with the RBI

State Bank of India’s (SBI) plan to offer fixed-cum-floating home loan rates — known as teaser loans — is likely to hit a regulatory hurdle as the Reserve Bank of India (RBI) is uncomfortable with such products.

Read the Hindu article here

Focusing on health, education of women will bring down population, increase work participation (Editorial)

Policy-making in India has in recent decades been generally neutral to data and research. However, in matters of demography, particularly while prescribing strong punitive measures for having large families, decisions must be taken based on rigorous analysis of the data to avoid a China type crisis.

Read Indian Express article here

37th GST Council meeting tomorrow: Focus on revenue protection; big-ticket rate cuts unlikely

A fitment committee, consisting of officials from states and the Centre, has already recommended against the lowering of GST rates on various items such as automobiles, biscuits as any cut at this stage could further dent the already slowing revenues.

Read Indian Express article here

US Fed cuts key interest rate a quarter point, citing 'uncertainties' 

The Fed's policy-setting Federal Open Market Committee lowered the policy interest rate by 25 basis points to a target range of 1.75 to 2.0 per cent

Read Business Standard article here

RBI may eventually bring NBFCs, HFCs under benchmark rate system

As the NBFC sector is yet to adopt even the MCLR (marginal cost of funds based lending rate) system, the RBI is understood to be thinking of taking measures to slowly “graduate” the sector to some level before introducing the benchmark rate system in the sector.

Read Indian Express article here

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