Morning Business News Round Up_June 10, 2019

Morning Business News:

  • Need to relook at regulation of NBFCs: RBI Governor
  • BoB puts accounts worth over Rs 9k cr on block
  • SIAM, CII urge govt to follow practical approach on EV
  • IL&FS fraud: Whistleblower sought to uncover it in 2017
  • ONGC, Vedanta set to win 9 oil, gas blocks each
  • G20 takes note of trade wars hurting growth
  • India looks to finalise list of 5G spectrum bands for meet
  • RIL-BP wins first block under OALP rounds, Oil India, Vedanta bag the most
  • DHFL aims to clear all dues by the end of ‘cure period’, rescale business
  • Industry blames policies, USFDA probes for 73% drop in pharma FDI
  • India is the third-most appealing bond market for FIIs, says study

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  • GST Council may fix Rs 50 cr turnover limit for e-invoice in June 20 meet
  • NITI Aayog’s electric mobility proposal irks India’s auto industry
  • WTO reform should not undermine its basic principles, says Piyush Goyal
  • Pre-Budget consultations: Finance Minister to meet economists, industry
  • BPCL to invest ₹6,877 crore to revamp Mumbai refinery complex
  • Reliance Power records loss of ₹3,558 crore in fourth quarter
  • Land request for shore-based plant: SAIL gets positive response from Odisha govt
  • Coal India to hire merchant bankers for acquiring stakes in Australian coal assets
  • Divided G20 admits worsening trade wars pose risk to world economy
  • Delay in monsoon pushes rainfall deficiency to 45% in first 9 days of June: IMD
  • Developing nations call for balanced approaches in e-commerce, proposed reforms
  • Investors cheer as Adani Ports cuts related-party loans, steps up dividends
  • MFs reduce exposure to shadow banks by ₹67,000 crore since September
  • RBI’s 12 February circular makes a comeback with a dash of humility
  • Free flow of data powers higher productivity, innovation but raises challenges as well, says G20
  • IMF’s Lagarde urges G20 to prioritise resolving trade tensions
  • G20 to wrap up digital tax by 2020 for tech giants reducing their corporate taxes
  • Central Bank of India plans to raise Rs 5,000 cr this fiscal to meet Basel III norms
  • Power minister positive on achieving 175 GW renewable energy target
  • Govt mulls national institute for valuers