Morning Business News Round Up_June 01,2017

Morning Business News :

  • CPI inflation to rise above RBI’s target of 4%: UBS
  • GDP to accelerate by 0.75 pc in FY18, says CEA
  • Arcelor Mittal, SAIL agree to export auto-grade steel
  • RCom’s lenders eyeing SDR route for revival
  • Petrol price hiked by Rs 1.23 a litre, diesel by 89 paise
  • US immigration crackdown may hit economy: Fed
  • BEL revenue likely to hit Rs 10,000 crore mark: CMD
  • Per capita income rises 9.7% to Rs 1.03 lakh in FY17
  • April core sector growth slows to three-month low of 2.5%
  • Govt meets 3.5% fiscal deficit target in FY17
  • Higher defence spending revs Q4 show of BEML, BEL
  • No cyber attack on Aadhaar biometric data: UIDAI

Image result for Aadhaar

  • Claim settlement for ECGC down 21% at Rs 885 cr in FY17
  • NSE’s new multicast trading system gets EY thumbs up
  • SEBI proposes norms to regulate index providers
  • Monsoon to cover parts of Karnataka, TN, N-E in next 3 days
  • Aurobindo gets USFDA nod for atomoxetine generic capsules
  • Steel Strips Wheels bags Europe order worth €60,000
  • India, Russia to set the ball rolling for FTA talks with Eurasian union
  • Glenmark gets USFDA nod for ADHD drug
  • RBI calls for account number portability, banks wary
  • Demonetisation pulls down India GDP growth rate to 6.1% in Q4 2016-17
  • Hindalco’s debt reduction a tailwind for earnings
  • Pfizer to acquire Neksium brand of drugs from AstraZeneca for Rs75 crore
  • Banks invoke RBI’s SDR norms to take control of Ballarpur Industries
  • Note ban hit GDP growth; RBI must cut rates: India Inc
  • BlackRock buys ICICI Bank shares worth Rs 1,155 cr at Rs 326.33 per share
  • IKEA announces acquisition of its first land parcel in Bengaluru
  • Sharp rise in Indian diamonds, gems’ export to China
  • Japanese firm Rohto Pharma plans to expand base in India
  • Rupee logs 1st gain in 3 days, jumps 15 paise to 64.51
  • PM Modi woos Spanish firms to invest in India
  • Coal scam: Accused moves HC against framing of charges
  • Outgoing UBI chief backs merger with small banks
  • Raymond case: Patel seeks probe against firm’s directors, promoters
  • Orient Cement to acquire two units from Jaypee for Rs 1,946cr