Saturday, 7 July 2018

Current Affairs on July 7th 2018

Today's Headlines from www:

*Economic Times*

📝 Forex reserve falls by $1.76 billion to $406 billion

📝 Tata Steel posts 8% growth in Q1FY19 sales

📝 Sterlite Tech's Italian unit to buy Metallurgica Bresciana for 47 million euros

📝 India's engineering exports up 20 per cent despite US-China trade war: EEPC

📝 Gold imports drop 25% in June on rupee plunge

📝 Six global companies respond to India's RFI for 110 fighter jets

📝 PNB invites bids to sell 3 NPA accounts to recover over Rs 136 cr



*Business Standard*

📝 Capex done, Mukesh Ambani's Reliance Industries on course to reap gains

📝 Indiabulls Real Estate to sell office space to Blackstone for Rs 8.5 bn

📝 KKR picks up stake in HDFC Mutual Fund ahead of its much-awaited IPO

📝 Hyundai to drive into new $100-mn office that will keep Delhi pollution out

📝 AIFs cannot convert open-ended plans into closed-ended ones: Sebi

📝 Kharif sowing picks up momentum, but acreage still below last year

📝 Niti Aayog proposes digital backbone for Modi's Ayushman Bharat

*Financial Express*

📝 Zara India reports 72% rise in FY18 profit

📝 IL&FS in talks with Cube Highways to sell tunnel in Jammu and Kashmir

📝 Over-invoiced pepper causing harm to local industry: Traders

📝 Luxury car majors post robust growth in Jan-June

📝 Cotton MSP: Textile industry seeks proper delivery mechanism, revamp of CCI

*Mint*

📝 Farm loan waivers to touch $40 billion by 2019 elections: Report

📝 Petroleum products to be brought under GST in stages: Hasmukh Adhia

📝 Mobile wallet transactions hit record ₹14,170 crore in May

📝 UBI expects Rs3,000 crore recovery from NCLT resolutions

📝 Demonetisation, emissions norms took a toll on auto earnings in FY17

📝 Varroc Engineering posts strong gains, gets over 7% premium on stock-market debut.

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