Morning Business News:
- RBI issues norms for interest rate derivatives
- Data related to payments to be stored only in India: RBI
- HSBC issues notice to IL&FS arm seeking its dues
- US-China trade war will shave off global output: Fitch
- DHFL to soon complete full stake sale in 2 subsidiaries
- UCO Bank targets Rs 8,000 crore recovery in FY20
- Proposals to revive BSNL, MTNL being prepared: Prasad
- American investments worth trillions waiting for India, says Pompeo
- India won’t compromise national interest in trade talks with US: Goyal
- Govt can raise Rs 95,000 cr from infra bonds to boost growth: BofA
- ED seizes Rs 9,778-crore assets of Sterling Biotech, promoters in PMLA case
- Valuation gains from non-cigarette businesses likely for ITC’s investors
- NTPC-PGCIL joint venture to focus on improving efficiency of distribution utilities
- Electrosteel to invest ₹5,000 cr to double production capacity
- Adani Power to acquire GMR Chhattisgarh Energy
- ‘Reliance Infra to deliver Rs 7,000-cr Versova-Bandra Sea Link project in 60 months’
- GST audit for small assessees to be desk-based
- PPF and other small savings schemes set for interest rate cut
- SC stays payment of ₹380 crore by IL&FS subsidiary
- CBDT expands areas to be covered by committee writing the new Direct Tax Code
- JM Financial, Suraksha ARC acquire ₹2,000 crore Unitech loans
- Icra cuts long-term debt rating of Piramal Capital, Edelweiss firms by a notch
- FDI in telecom sector down 43 per cent to USD 2.6 billion in 2018-19, says Ravi Shankar Prasad
- Government, RBI closely monitoring rupee exchange rate, says Nirmala Sitharaman
- US aims to restart China trade talks, will not accept conditions on tariff use
- Oil ministry seeks Rs 33,000 crore more for subsidy payout
- Rupee settles 21 paise higher at 69.15 to US dollar
- No shortage of iron ore in country: Mines Minister
- Britannia Industries denies speculation over resignation of its MD Varun Berry
- Inflation pinches much less for expats than average Indian
- Rising exposure of MFI loans per lender worries industry