Morning Business News Round Up_ Sep 11, 2018

  •  Govt may allow cos to sell oil & gas to affiliates
  •  Over-optimistic bankers responsible for NPA: Rajan
  •  Govt says no to excise relief for fuel prices
  •  Related imageArcelorMittal submits revised bid for Essar Steel
  •  Rupee not to go in for free fall: Raghuram Rajan
  •  Last date for July-Sep GSTR-1 extended till Oct 31
  •  India wants trade deal with US: Donald Trump
  •  Rupee: Govt in touch with RBI for mkt intervention
  •  Sebi mulls allowing NRIs through FPI route after meeting specific KYC norms
  •  SBI’s plans to raise dollar funds through green bonds’ issue put on hold
  •  TGBL consolidates overseas operations as one unit, exits non-core market
  •  Debt MFs see outflow of Rs 68 bn in Aug on weak rupee, rising oil prices
  •  NCLT notice to Jaiprakash Associates over ICICI Bank claim of Rs 12 bn dues
  •  Centre pegs CAD for FY19 at 2.5% of GDP
  •  Brexit augurs well for India-UK trade talks: Graham Stuart
  •  Tata Motors global sales up 14% in August
  •  Group of secretaries on e-comm to meet on Sep 13
  •  India is the brightest spot for steel sector till 2019: Moody’s
  •  SpiceJet to launch first dedicated air cargo service on Sept 18
  •  India is standing still as global trade changes
  •  BSE, PTC, ICICI to set up power exchange
  •  Kalpataru in deal with Indian Hume Pipe to develop 15 acre Pune land
  •  GIC, Abu Dhabi Investment, Canada’s pension board in race to pick 25% stake in Reliance Home Finance
  •  Rupee closes at record low, bond yield spikes 13 bps as CAD widens
  •  Aadhar Housing Finance to raise up to Rs.1,400 crore via NCDs
  •  Sensex tumbles 468 points, Nifty ends below 11,450 after rupee crashes to 72.67/$
  •  Forging industry sees 20 percent cost rise on high power tariff: AIFI
  •  JSW Steel crude steel output grows 8% in August
  •  India’s economic growth to slow in second half of this fiscal, says UBS report
  •  Suppliers liable to pay penalty for not passing GST rate cut benefits: NAA
  •  India’s economic growth to slow in H2 of FY19, says UBS
  •  Gail, EIL, Concor to make way for new PSUs in CPSE ETF
  •  Global economic growth returns, but issues still remain