Morning Business News Round Up_Aug 14, 2019

Morning Business News:

  • US delays tariffs on some Chinese goods drops others
  • Govt working on a package to check economic slowdown
  • Govt notifies partial credit guarantee scheme for PSBs
  • Retail inflation remains benign at 3.15% in July
  • MCA panel moots CSR expenditure as tax-deductible
  • HPCL finally recognizes ONGC as its promoter
  • RBI to review rules governing housing finance cos
  • Govt issues guidelines for Rs 1 trillion partial guarantee scheme for NBFCs
  • Consumption-driven growth behind ‘serious slowdown’, warns SBI MF
  • Slide-in iron ore prices to hurt exports from India, further slump seen
  • GAIL in two minds over govt’s plan to split gas pipeline business
  • Coal India net profit rises 22.28% to Rs 4,629.87 cr in June quarter

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  • Apollo Hospitals profit jumps 69 percent to Rs 57 cr in Q1
  • Cement makers’ body, SCCL hold talks on increasing coal offtake
  • WTO likely to set up a panel to decide on India’s sugar sops
  • RCAP in talks to sell 11 percent stake in mutual fund unit
  • NMDC Q1 profit up 21% at₹1,179 crore
  • IOCL to invest Rs 2 lakh-cr in next 5-7 years
  • Invesco Oppenheimer reiterates commitment to Zee stake deal
  • BSE to launch a liquidity enhancement plan in equity derivative segment
  • ONGC Q1 net profit dips 3.9% on lower oil price, production
  • Tata Capital Fin expects 20% growth despite the stress in NBFCs
  • EPFO looking for early redemption of DHFL bonds worth ₹700 crore
  • ADB signs pact to invest $23 million in NCD of GRIL
  • India, Russia to boost ties to achieve $30 billion bilateral trade by 2025
  • Banks report fall in NPA levels; seek steps to address stress in NBFCs: Survey
  • Singapore slashes 2019 economic growth forecast stoking recession fears
  • Rupee hits a 6-mth low of 71.40 against USD; dives 62 paise on global turmoil
  • Amazon in advanced talks to buy 8-10 percent stake in Future Retail
  • Sensex plummets 624 points on global sell-off; RIL soars 10 pc
  • Govt-constituted panel suggests making CSR non-compliance civil offense