The Headlines

Veena world

Ø  RBI Governor Raghuram Rajan faces ghosts of rupee’s past
Ø  Cabinet clears bill for speedy recovery of bad loans
Ø  US industrial output falls in May, manufacturing slips
Ø  Cabinet’s nod to merger of 5 associate banks with SBI
Ø  Japanese, Chinese realtors bullish on Indian realty
Ø  Trade surplus in services expands to $5.72 billion
Ø  Oil at $45-$50 can supply deficit: Goldman Sachs

Ø  Fed leaves interest rates unchanged, signals two hikes this year
Ø  Trade deficit widens to three-month high in May
Ø  UK Treasury chief warns of tax rises in case of EU exit
Ø  Companies Act needs further amendments: Report
Ø  CERC observes market violations by power exchanges
Ø  22% rain deficiency due to slow-progress of SW monsoon
Ø  European investors buy heavily into gold ahead of Brexit poll

Ø   Bill seeking special status for India fails to pass US Senate
Ø  HUDCO’s 10% stake-sale plan gets Cabinet nod
Ø  India-EU project for waste water reuse raises crop yield
Ø  Cabinet clears civil aviation policy
Ø  Automatic info exchange: India, Switzerland agree to speed up pact
Ø  MNRE to set up 1,000 MW wind power projects

Ø  LIC willing to be partner in India’s maiden sovereign wealth fund
Ø  Reliance Jio may launch services by September: officials
Ø  ChrysCapital, GIC may buy SBI’s 5% stake in NSE
Ø  Nippon Express in talks to buy 43% stake in TVS Logistics
Ø  Marc Andreessen sees big exits for tech start-ups in next wave
Ø  India car firms form consortium for electric vehicle components
Ø  Rupee closes up 0.17% against US dollar

Ø  Exports post marginal drop in May as non-oil sectors recover
Ø  SoftBank sees up to $2.4 bn profit on Alibaba share sale
Ø  Indian real estate may attract $2 billion investment from Japan
Ø  Gold imports decline 39 per cent to $1.47 bn in May
Ø  Trade unions threatens strike over NITI Aayog’s proposal to sell Air India
Ø  PNGRB drops 7 out of 11 cities for CNG retail licenses

Ø  India’s GDP growth to cross 8% this fiscal: Panagariya
Ø  Fertiliser output likely to set new record in FY17
Ø  Vedanta shareholders’ nod to hike inter-corporate loan
Ø  CCI to probe 3 more complaints against Monsanto
Ø  Sebi confirms ban on 19 entities in tax evasion case
Ø  JLR begins operations at Brazilian plant

 

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