8 June: News Roundup

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Business Standard

Ø  Labour Ministry puts on hold quarterly jobs survey

Ø  China's new policy may delay India's solar panel plan

Ø  No salary hike for Mukesh Ambani for 10th year in a row

Ø  EMIs for auto, home loans to go up as banks hike rates

Ø  Interest on unclaimed funds lying with banks cut to 3.5%

Ø  Piyush Goyal to meet heads of PSU banks today

Ø  Rupee falls 20 paise to come off 1-month high



Ø  FDI inflows to India declined by 9% to $40 bn in 2017: UN report

Ø  Modi govt may cut capex to stick to 3.3% fiscal deficit, says Moody's

Ø  Air India seeks Rs 10 billion loan to meet urgent capital requirements

Ø  GST exclusion costs oil industry Rs 200 bn input credit annually: Pradhan

Ø  Govt's sugar bailout package to clear 40% of Rs 220 bn cane arrears: Crisil

Business Line



Mint

Ø  Auditing regulator NFRA likely by Sept

Ø  Global economy well-positioned to absorb rise in oil burden: Morgan

Ø  FDI inflows to India fall by $4 billion last year: UN report

Ø  Oilmeal exports down 8% in first two months of this fiscal

Ø  Modi, Xi to hold bilateral on sidelines of SCO meet

Ø  Southwest monsoon unleashes its emerging virulent phase over



Ø  Equity mutual funds qualify for LTCG tax in 1 year, debt funds in 3 years

Ø  GMR Infrastructure struggles to take wing in turbulent skies

Ø  Adani, Resurgent among 4 bidders for Avantha Power subsidiary

Ø  NCLAT allows James Warren to bid for Assam Co.

Ø  JSW Energy submits EoI for Bhushan Energy’s assets

Financial Express



Financial Chronicle

Ø  Reliance Industries Limited's telecom arm Jio aims to cover 99% India's population by fiscal-end

Ø  Tata Motors proposes to raise up to $500 million via ECB

Ø  Short-term subsidised crop loan to be under DBT mode, says RBI

Ø  China’s May FX reserves slip to lowest in 7 months as dollar gains



Ø  CBIC introduces PAN-based refund clearances for exporters

Ø  Bharti sells Future Retail stake for Rs 1.7K cr

Ø  SEBI takedown of rogue manipulators continues

Ø  ICICI Bank may file consent plea in Videocon loan case