Morning Business News Round Up_June 20, 2018

  •  ‘India has potential to become $10 tn economy by 2030’
  •  Govt open to giving more powers to RBI: FM Goyal
  •  Government eases import of used machinery
  •  India sees 20% rise in $ millionaires, despite GST
  •  Public money extremely safe in PSBs: Goyal
  •  Centre saved Rs 90,000 cr through digital transfer: Kant
  •  Government puts off Air India stake sale for now
  •  CAD at 2.5% of GDP not a worry, govt geared to deal with outlows: FinMin
  •  Kharif sowing down by 75% in Gujarat due to chronic water shortage
  •  Related imageCotton blooms as US-triggered trade war intensifies, yarn prices up 10%
  •  Infra, realty firms face refinancing test of Rs 3-4 trillion: Ind-Ra
  •  Maharashtra govt’s move to ban use of plastic puts RIL in recycle mode
  •  Zydus Cadila gets USFDA nod for erectile dysfunction drug
  •  Centre sets 30 GW target for offshore wind power by 2030
  •  Rubber imports: Planters decry easier port entry norms
  •  Cipla gets USFDA nod for generic HIV drug
  •  RCom arm GCX completes India data centre for Eagle Subsea Network
  •  Infosys to set up data marketplace for enterprises
  •  Rupee closes at 1-month low against US dollar
  •  Tata Steel-Thyssenkrupp merger to cut costs: Moody’s
  •  Bangladesh’s bulk drugs policy may hurt Indian exports
  •  3 foreign investors trim shareholdings in ICICI Bank amid governance concerns
  •  Narendra Modi govt planning National Electricity Distribution Company
  •  Bankers chalk out strategy to promote lending to corporates, MSME, says Piyush Goyal
  •  Hotel industry’s recovery trend to continue till FY22: Icra
  •  Patanjali gets UP’s nod to give land to subsidiary firm to set up food park
  •  Internet now has 333.8 million domain names
  •  SBI bats for consolidation of other PSBs
  •  RBI revises up housing loan limits under priority sector
  •  Varroc sets IPO price band at Rs 965-967 for Rs 1 shares
  •  Fund outflows relentless; rupee may touch 70-level by year-end