Morning Business News Round Up_July 05, 2019

Morning Business News:

  • Gross tax to GDP ratio dips to 10.9% in FY’19: Survey
  • Govt mulling ban on two and three-wheelers: Gadkari
  • Banks see whopping 73% spike in frauds in FY19
  • SFIO probe ordered against Jet Airways, its group cos
  • Govt considering centralised internet monitoring
  • HDFC wants NCLT to keep Jet’s HQ out of IBC process
  • Brickwork Ratings cuts outlook on Edelweiss’ NCDs to negative
  • ‘Plenty of blame to go around’: Urjit Patel admits RBI failed on bad loans
  • 8% annual growth needed for GDP to touch $5 trn by FY25: Economic Survey
  • US adds India along with China, EU to steel tariff dispute at WTO
  • Centre cuts reliance on market borrowings to finance fiscal deficit
  • EU objects to Hindalco’s plan to buy aluminum producer Aleris Corp
  • Indo-US trade talks set to resume
  • As India begins to grey, workplace policies may have to change
  • ArcelorMittal’s ₹42,000-crore bid for Essar Steel gets NCLAT nod
  • ‘Anticipated pre-buying of commercial vehicles prior to BS-VI norms unlikely’
  • RSB Transmissions setting up ₹180-cr propeller shaft unit in Sri City
  • CCI orders probe on Maruti Suzuki’s discounting practices
  • Yes Bank acquires 9.57% stake in Eveready by invoking pledged shares
  • State-run banks should be freed of constraints, says Raghuram Rajan

Image result for Jet Airways

  • MCA orders fraud probe against Jet Airways
  • US drags India to WTO over duty hike on 28 American goods
  • Economic Survey 2019: Finance Ministry makes progress in strategic sale of 28 CPSEs
  • Economic Survey 2019: Steel production to hit 128.6 MT by 2021
  • Budget Economic Survey 2019: Indian economy grows to $2.75 trillion despite slowing global economy