07 June 2018 News

*Quote of D-DAY*

Coffee never knows that it would taste so nice and sweet, before it met milk and sugar. We are good as individuals but become better when we meet and blend with the right people.

Good Morning 💐💐

*Happy Reading on 07.06.2018*

*Mint*

=> World Bank sees India as fastest growing economy for next three years

=> NCLT admits insolvency petition against Videocon

=> Temasek, Ascendas join hands to invest $300 million in logistics business

=> Honeywell to make flying safer with tech to decode regional accents

=> UK regulator slaps Rs8 crore fine on London branch of Canara Bank

=> President clears IBC ordinance, providing relief to homebuyers

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*Business Standard*

=> Mandsaur becomes political battlefield as Rahul blows election bugle

=> RBI allows urban cooperative banks to transition into Small Finance Banks

=> Even one homebuyer can now drag errant builder to NCLT: Govt ordinance

=> Retrospective benefits on gratuity not on the cards, says NDA govt

=> No rollback of decontrol in diesel and petrol pricing: Dharmendra Pradhan

=> Zomato to rejig top brass in next 6 months as investors look for change

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*Economic Times*

=> Kishore Biyani’s Future Group to soon start delivering milk at your doorstep every morning

=> Railways to go after ticketless passengers after drive against excess baggage

=> Wage ceiling may be hiked to expand EPS net

=> PNB aims for Rs 20,000 crore NPA recovery in H1 of FY19

=> Experts urge Amitabh Bachchan to dissociate himself from 'Horlicks'

=> Infosys has hired 4,000 out of target of 10,000 US locals: CEO Salil Parekh

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*Financial Express*

=> RBI sanguine on growth, hikes rates a bit too early

=> Cabinet decisions: Govt offers another sweetener to sugar industry, clears sick PSUs package

=> FCRA Act: Major relief for NGOs in India as Centre eases penalties

=> President Nod to IBC Ordinance: Home-buyers are now financial creditors, can initiate insolvency

=> Rajnath Singh to begin two day Jammu & Kashmir visit, review security for Amarnath Yatra

=> NCLT admits Videocon case; Venugopal Dhoot says banks to recover 80% debt

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*Hindustan Times*

=> IITs, IISc climb in QS world university rankings, figure in top 200

=> Rajinikanth, Kamal Haasan begin shaping up their political parties

=> No big changes in H-1B visa, ‘nothing new’ on H-4 policy, says US

=> UP-Patanjali food park deal back on track after Yogi Adityanath’s assurance

=> Mamata Banerjee rejigs work to free herself ahead of 2019 Lok Sabha elections

=> Loans to get expensive as RBI hikes repo rate after 4 years

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*Indian Express*

=> New militant recruits not driven by ideology, most attended govt schools: J&K police

=> Maldives leader Ahmed Nihan denied entry, Male raises issue with New Delhi

=> FCRA: Govt eases penalties for violating law, NGOs can now pay fines

=> Rajnath Singh to visit J&K today, review ceasefire impact

=> IIT-Bombay displaces IIT-Delhi as India’s top ranked institution

=> Reviewing Prohibition law, necessary changes will be made: Nitish Kumar

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*The Hindu*

=> Jammu and Kashmir likely to seek truce extension

=> Maternal mortality ratio in the country drops from 167 to 130

=> No change in H1B visa policy so far: U.S. diplomat

=> RBI hikes repo rate by 25 basis points to 6.25%

=> India’s rank marginally improves in peace index

=> Palestinians hail Messi for calling off Jerusalem match

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*The Times of India*

=> Videocon faces bankruptcy proceedings

=> K'taka gets a Cabinet, Cong, JD(S) rebellions

=> Wasim Akram sends legal notice to Imran's ex-wife

=> In 1st rate hike in 4 yrs, RBI boosts repo to 6.25%

=> Arbaaz Khan to be made witness in betting case

=> CBI questions Chidambaram in INX Media case

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*अमर उजाला*

=> शर्मिष्ठा की पिता प्रणब को नसीहत, RSS मुख्यालय में भाषण भुला दिया जाएगा लेकिन तस्वीरें हमेशा रहेंगी

=> एक दशक बाद पहली बार होगा जब राष्ट्रपति भवन में नहीं दी जाएगी इफ्तार पार्टी

=> राजनाथ सिंह आज से जम्मू-कश्मीर के दौरे पर, कश्मीर में सैन्य अभियान पर होगा फैसला  

=> एच-1बी वीजा में कोई बड़ा बदलाव नहीं और एच-4 वीजा में कुछ नया नहीं

=> हंगरी में इलेक्ट्रिक टेस्ट प्लेन दुर्घटनाग्रस्त, दो पायलट मरे 

=> फेसबुक ने चार चीनी कंपनियों को भी सौंपा डाटा

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*हिन्दुस्तान*

=> संपर्क फॉर समर्थनः ठाकरे,टाटा से मिले अमित शाह,कांग्रेस ने साधा निशाना

=> WIvSL 1st TEST Day-1: खराब शुरुआत के बाद कैरेबियाई टीम की वापसी

=> JAC 12th Result 2018: झारखंड बोर्ड 12वीं के नतीजे आज

=> ग्वाटेमाला ज्वालामुखी विस्फोट में अब तक 73 की मौत, 200 लापता

=> फेसबुक डेटा लीकः चीन की मोबाइल कंपनियों के साथ साझा किया गया डेटा

=> ट्रंप-किम 12 जून को सिंगापुर के सेंटोसा द्वीप में मिलेंगे,सुरक्षा अचूक

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*दैनिक जागरण*

=> बेटी शर्मिष्ठा को नहीं भाया प्रणब का नागपुर जाना, संघ की नीयत पर उठाया सवाल

=> हाई अलर्ट में अागरा कैंट स्टेशन पर ट्रेन की बोगी में लगी आग, मची अफरातफरी

=> कोहली ने हासिल की 'विराट' उपलब्धि, सबसे ज्यादा कमाने वाले खिलाड़ियों में अकेले भारतीय

=> ऋषिकेश में बनेगा देसी गोवंश का पहला कृत्रिम गर्भाधान केंद्र

=> बागपत में मिले महाभारत कालीन नरकंकाल खिलौने, घर और शस्त्र

=> राजनाथ सिंह आज से जम्मू-कश्मीर के दौरे पर, सीजफायर की करेंगे समीक्षा

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*प्रभात ख़बर*

=> अगले हफ्ते कैबिनेट में जाएगा पतंजलि को जमीन देने का प्रस्ताव

=> रेल टिकट में करोड़ों की कालाबाजारी, 10 एजेंसियों पर छापे में लाखों के रेल टिकट बरामद

=> प्रणब दा के आरएसएस के कार्यक्रम में शामिल होने पर पुत्री शर्मिष्ठा ने भी उठाये सवाल

=> बंगाल में महंगी हुई बस की यात्रा, किराया बढ़ने के बाद अब नहीं होगी हड़ताल

=> कर्नाटक में ‘काला' की रिलीज पर संकट के बादल

=> सिडनी फिल्म महोत्सव में दिखायी जायेगी 'मंटो', 'महसमपुर'

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7th June 2K18

Economic Times

Ø  MCA asks auditors of cos to report reason for quitting
Ø  No plan to bring back fuel price control: Pradhan
Ø  Few players dominating digital payments is a risk: RBI
Ø  U.S. trade deficit falls to seven-month low
Ø  UK: Canara Bank fined for black money rule breaches
Ø  IBC: Relief for MSMEs, promoters can also bid now
Ø  Automation will lead to more on-demand hiring: TCS
Ø  Increase in priority sector lending limit likely

 Business Standard

Ø  RBI increases repo rate by 25 bps to 6.25%; maintains neutral stance
Ø  Monetary policy: RBI hikes rate by 25 bps to 6.25%, but keeps neutral stance
Ø  Government okays revised guidelines on time-bound closure of sick PSUs
Ø  RBI announces hike in limits for cheaper loan for affordable housing
Ø  Adani wins power transmission bid for Uttar Pradesh power plant

Business Line

Ø  RBI retains GDP growth forecast at 7.4% for 2018-19
Ø  Industry cheers sugar package but feels MSP at₹29/kg too low
Ø  Glenmark gets USFDA nod for contraceptive drugs
Ø  German brand Liebherr launches its refrigerators in Indian market
Ø  USFDA issues no observation on Zydus Ahmedabad facility

 Mint

Ø  IDFC Bank, Capital First merger gets RBI approval
Ø  Patanjali says reviewing decision on Uttar Pradesh food park
Ø  World Bank sees India as fastest growing economy for next three years
Ø  McLeod Russel India to sell 8 tea estates for Rs331 crore
Ø  NCLT admits Videocon case; Venugopal Dhoot says banks will recover 80% debt

Financial Express

Ø  Sebi initiates probe into alleged leak of list of companies under enhanced surveillance measures
Ø  Cooperative Banks could soon get a tag of Small Finance Bank
Ø  India Inc announces M&A deals worth USD 25 billion in May, says report
Ø  Interest rate hike to hurt India’s growth prospects: Industry

Financial Chronicle

Ø  Inflation forecast revised upwards on rising crude prices
Ø  Fund outflow of Rs 32,078 cr in Jan-May is highest since 2008
Ø  Hike to hurt growth prospects: Industry
Ø  Electrosteel allots shares worth Rs 7,400 cr to lenders
Ø  India stands at bottom in e-purchasing