Monday, 10 June 2019

10 June 2019 News

10th June 2K19

Economic Times

Ø  Need to relook at regulation of NBFCs: RBI Governor
Ø  BoB puts accounts worth over Rs 9k cr on block
Ø  SIAM, CII urge govt to follow practical approach on EV
Ø  IL&FS fraud: Whistleblower sought to uncover it in 2017
Ø  ONGC, Vedanta set to win 9 oil, gas blocks each
Ø  G20 takes note of trade wars hurting growth
Ø  India looks to finalise list of 5G spectrum bands for meet

Business Standard
 
Ø  RIL-BP wins first block under OALP rounds, Oil India, Vedanta bag the most
Ø  DHFL aims to clear all dues by the end of 'cure period', rescale business
Ø  Industry blames policies, USFDA probes for 73% drop in pharma FDI
Ø  India is the third-most appealing bond market for FIIs, says study
Ø  GST Council may fix Rs 50 cr turnover limit for e-invoice in June 20 meet
Ø  NITI Aayog's electric mobility proposal irks India's auto industry

Business Line
 
Ø  WTO reform should not undermine its basic principles, says Piyush Goyal
Ø  Pre-Budget consultations: Finance Minister to meet economists, industry 
Ø  BPCL to invest ₹6,877 crore to revamp Mumbai refinery complex
Ø  Reliance Power records loss of ₹3,558 crore in fourth quarter
Ø  Land request for shore-based plant: SAIL gets positive response from Odisha govt
Ø  Coal India to hire merchant bankers for acquiring stakes in Australian coal assets
 
Mint

Ø  Divided G20 admits worsening trade wars pose risk to world economy
Ø  Delay in monsoon pushes rainfall deficiency to 45% in first 9 days of June: IMD
Ø  Developing nations call for balanced approaches in e-commerce, proposed reforms
Ø  Investors cheer as Adani Ports cuts related-party loans, steps up dividends
Ø  MFs reduce exposure to shadow banks by ₹67,000 crore since September
Ø  RBI’s 12 February circular makes a comeback with a dash of humility

Financial Express
 
Ø  Free flow of data powers higher productivity, innovation but raises challenges as well, says G20
Ø  IMF’s Lagarde urges G20 to prioritise resolving trade tensions
Ø  G20 to wrap up digital tax by 2020 for tech giants reducing their corporate taxes
 
Deccan Chronicle

Ø  Central Bank of India plans to raise Rs 5,000 cr this fiscal to meet Basel III norms
Ø  Power minister positive on achieving 175 GW renewable energy target
Ø  Govt mulls national institute for valuers