Morning Business News Round Up_Aug 16, 2019

Morning Business News:

  • US 30-year yields drop to a fresh record low below 2%
  • RBI’s dollar purchases at four month-low in June
  • Hong Kong unveils $2.4-bn economic support package
  • WTO to rule on India sugar export subsidies
  • ONGC investing Rs 83,000 cr in 25 project
  • WTO quarterly trade growth indicator drops from May
  • Reliance Industries may buy more cable companies to aid JioFiber plans
  • Life insurers register 6% growth in new premium income in July: Irdai
  • Reliance Capital Q1 profit sees a 4-fold jump to Rs 1,218 cr on higher income
  • Removing angel tax notices will help start-ups in growth: Experts
  • Oil falls 3% to below $58 a barrel as recession worries weigh on prices
  • India’s seafood exports to EU to be hit after Vietnam-EU free trade pact

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  • SEZ Board puts off decision on GAIL’s exit from Kerala project; wants dues recovered
  • Saudi Arabia back as India’s top oil supplier after Reliance deal
  • Marico to complete the acquisition of Beardo by this fiscal-end
  • Axis Bank ex-chief Dharmesh Mehta and investors buy IDFC Securities
  • Air India puts more than 60 real estate assets under the hammer
  • Key committees in IL&FS did not meet for years, reveals RBI probe
  • Five investors bought nearly two-thirds of the QIP offering in Yes Bank
  • COAI urges Trai to create consumer awareness on a new framework for pesky calls
  • Protest-hit Hong Kong unveils $2.4-billion economic support package
  • NCLAT upholds insolvency proceedings against Sahara Q Shop
  • IFFCO cuts complex fertilizers rate by Rs 50 per bag; DAP to cost Rs 1,250/bag now
  • IDBI Bank net loss widens to Rs 3,800 crore as provisions weigh
  • Inflation slows as the economy falters
  • Yield inversion coming to Asia as growth woes spread
  • Tata Motors to shut Jamshedpur plant for the third time this month
  • Passenger vehicle output down 13.18 pc in Apr-Jul as major cos cut production