Morning Business News Round Up_June 8, 2018

  •  Labour Ministry puts on hold quarterly jobs survey
  •  China’s new policy may delay India’s solar panel plan
  •  No salary hike for Mukesh Ambani for 10th year in a row
  •  Image result for loan goes upEMIs for auto, home loans to go up as banks hike rates
  •  Interest on unclaimed funds lying with banks cut to 3.5%
  •  Piyush Goyal to meet heads of PSU banks today
  •  Rupee falls 20 paise to come off 1-month high
  •  FDI inflows to India declined by 9% to $40 bn in 2017: UN report
  •  Modi govt may cut capex to stick to 3.3% fiscal deficit, says Moody’s
  •  Air India seeks Rs 10 billion loan to meet urgent capital requirements
  •  GST exclusion costs oil industry Rs 200 bn input credit annually: Pradhan
  •  Govt’s sugar bailout package to clear 40% of Rs 220 bn cane arrears: Crisil
  •  Auditing regulator NFRA likely by Sept
  •  Global economy well-positioned to absorb rise in oil burden: Morgan
  •  FDI inflows to India fall by $4 billion last year: UN report
  •  Oilmeal exports down 8% in first two months of this fiscal
  •  Modi, Xi to hold bilateral on sidelines of SCO meet
  •  Southwest monsoon unleashes its emerging virulent phase over
  •  Equity mutual funds qualify for LTCG tax in 1 year, debt funds in 3 years
  •  GMR Infrastructure struggles to take wing in turbulent skies
  •  Adani, Resurgent among 4 bidders for Avantha Power subsidiary
  •  NCLAT allows James Warren to bid for Assam Co.
  •  JSW Energy submits EoI for Bhushan Energy’s assets
  •  Reliance Industries Limited’s telecom arm Jio aims to cover 99% India’s population by fiscal-end
  •  Tata Motors proposes to raise up to $500 million via ECB
  •  Short-term subsidised crop loan to be under DBT mode, says RBI
  •  China’s May FX reserves slip to lowest in 7 months as dollar gains
  •  CBIC introduces PAN-based refund clearances for exporters
  •  Bharti sells Future Retail stake for Rs 1.7K cr
  •  SEBI takedown of rogue manipulators continues
  •  ICICI Bank may file consent plea in Videocon loan case