Morning Business News Round Up_June 07, 2019

Morning Business News:

  • ‘Middle East, China drive India’s export growth’
  • India to grow at 7.3% in 2019, 7.5% in 2020: G-20 note
  • SBI closely monitoring exposure to shadow banks
  • ED to widen probe in ICICI Bank-Videocon loan fraud case
  • RBI expects government to move on fiscal consolidation
  • India software market to touch $6.1 bn in 2019: IDC
  • India lost USD 13 bn to trade misinvoicing: Report
  • Niti Aayog readies list of over 50 CPSE assets for sale
  • RBI removes charges on RTGS/NEFT transactions; banks to pass on benefits
  • RBI lowers FY20 growth forecast to 7% over slowdown in investment activity
  • States, schemes and disaster management bear cost of fiscal discipline
  • India to order taxi aggregators like Uber, Ola to go electric: Report

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  • RBI to issue revised circular on NPA resolution norms in 3-4 days: Das
  • Govt set to upgrade CPI, IIP series in 2020
  • Allcargo exits ship-owning business
  • IOC, HPCL to contest over Rs 4,000 cr tax demand on sale of ethanol blended petrol
  • India notifies tax info exchange pact with Marshall Islands
  • RBI raises retail inflation forecast for Q1 FY20 to 3-3.1%
  • JSW Steel considering bid for insolvent British Steel
  • Decision on next China tariffs on $325 billion imports after G20: Trump
  • BS-VI emission norms to be implemented from next year, says Javadekar
  • Advent International raises $17.5 billion for ninth global private equity fund
  • Creditors can expect 100% recoveries under IBC: IBBI chief
  • Skyblue Buildwell acquires 82.6% stake in HomeShop18
  • RBI Monetary Policy eased further: Repo rate cut to lowest in nine years as slow economic growth hurts
  • Modi needs $190 billion bank cleanup to revive economic growth
  • RBI to issue on tap licence guidelines on small finance banks in August
  • Fertiliser subsidy: Govt looks to roll out 2nd phase of direct benefit transfer
  • Azim Premji to retire as executive chairman of Wipro; son Rishad to take over
  • Bankers, finance players hail RBI repo rate cut, hope consumer demand gets a boost
  • Investors lose Rs 2.22 lakh cr as equities plunge
  • Third-party insurance for cars, 2-wheelers to become costlier
  • Minimum leverage ratio set at 3.5 per cent