Morning Business News Round Up_SEPT 13th, 2019

Morning Business News:

  • Aug retail inflation rate climbs, rate cut hopes high
  • RBI cuts risk weight on consumer credit to 100 percent
  • S., China tariffs could lower global GDP by 0.8%: IMF
  • Domestic air passenger traffic slips to 1.8% in July
  • Govt cover for borrowers with bad credit score
  • SBI revises service charges from October 1
  • Altico defaults on interest payment raise concern
  • RIL’s e-auction mechanism for new KG-D6 gas; bidding likely on Oct 11
  • Hindustan Unilever emerges front-runner for Dinshaw’s Dairy Foods
  • For the first time in FY20, RBI becomes a net seller of dollars in July
  • L&T bags contract worth up to Rs 2,500 in Maharashtra and Odisha
  • Bhushan Power: JSW Steel to move NCLAT on Sept 13

Image result for hindustan unilever

  • Finance Secretary to chair review meeting of PSBs
  • Saudi, Russia call for compliance with OPEC+ supply curbs
  • India Inc revenue growth in Q1 skids to an 11-quarter low of 5.7%
  • Reliance moots ‘supply or pay’ model for new gas fields
  • Vedanta Sesa Goa working on drought mitigation measures in Chitradurga
  • RBI increases banks’ loan exposure limit to single NBFC
  • PE-backed real estate lender Altico defaults on debt payment
  • ECB cuts key rate, to restart bond purchases
  • Ola, Uber factor not major reason for the auto slowdown: Maruti to FM
  • SBI launches OFS to sell stake in the life insurance biz
  • Hiranandani plans ₹2,000 crore investment in the warehousing business
  • Finance Secretary Rajiv Kumar to meet heads of PSU banks on September 19
  • NCLAT to hear Shapoorji Pallonji’s plea on Adani Power bid for Korba West Power
  • Govt may provide incentives to the leather sector to boost exports
  • Rupee rises for 6th-day spurt 52 paise to 71.14 vs USD on trade truce hopes
  • Iron ore glory days numbered as China slows
  • Retail inflation inches up to a 10-month high of 3.21 pc in August