A look at the headlines in the sector right now:

  1. Sensex, Nifty overcome early losses to close marginally higher: The top gainers on the BSE were NTPC, Axis Bank, ONGC, State Bank of India and Kotak Mahindra.
  2. Income Tax department sends Rs 30 crore notice to Aam Aadmi Party, say reports: Party leader Arvind Kejriwal called the tax crackdown a part of the Centre’s ‘strategy to persecute AAP’.
  3. India’s exports likely to be hit in November again as delayed GST refunds hit exporters: The government still owes exporters at least Rs 50,000 crore in Goods and Services Tax refunds.  
  4. Indian call centre workers face racial abuse frequently, finds study: Most callers consider them ‘job thieves’, research by the UK’s University of Kent found.  
  5. Centre tells Supreme Court it is willing to extend Aadhaar-linking deadline to March 31, say reports: The government had earlier said it was open to pushing the last date only for those who do not have the 12-digit number yet.  
  6. Populist nationalism can damage economic growth, says Raghuram Rajan: The former RBI governor also warned against ‘political solutions’ to concerns about job reservations.  
  7. Reforms in place, it is now time to consolidate them, says Niti Aayog Vice Chairman Rajiv Kumar: He added that the government should focus on bringing about changes in public education and healthcare.