Saturday, 7 July 2018

Current Affairs on July 7th 2018

Today's Headlines from www:

*Economic Times*

πŸ“ Forex reserve falls by $1.76 billion to $406 billion

πŸ“ Tata Steel posts 8% growth in Q1FY19 sales

πŸ“ Sterlite Tech's Italian unit to buy Metallurgica Bresciana for 47 million euros

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

πŸ“ Gold imports drop 25% in June on rupee plunge

πŸ“ Six global companies respond to India's RFI for 110 fighter jets

πŸ“ PNB invites bids to sell 3 NPA accounts to recover over Rs 136 cr



*Business Standard*

πŸ“ Capex done, Mukesh Ambani's Reliance Industries on course to reap gains

πŸ“ Indiabulls Real Estate to sell office space to Blackstone for Rs 8.5 bn

πŸ“ KKR picks up stake in HDFC Mutual Fund ahead of its much-awaited IPO

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

πŸ“ AIFs cannot convert open-ended plans into closed-ended ones: Sebi

πŸ“ Kharif sowing picks up momentum, but acreage still below last year

πŸ“ Niti Aayog proposes digital backbone for Modi's Ayushman Bharat

*Financial Express*

πŸ“ Zara India reports 72% rise in FY18 profit

πŸ“ IL&FS in talks with Cube Highways to sell tunnel in Jammu and Kashmir

πŸ“ Over-invoiced pepper causing harm to local industry: Traders

πŸ“ Luxury car majors post robust growth in Jan-June

πŸ“ Cotton MSP: Textile industry seeks proper delivery mechanism, revamp of CCI

*Mint*

πŸ“ Farm loan waivers to touch $40 billion by 2019 elections: Report

πŸ“ Petroleum products to be brought under GST in stages: Hasmukh Adhia

πŸ“ Mobile wallet transactions hit record β‚Ή14,170 crore in May

πŸ“ UBI expects Rs3,000 crore recovery from NCLT resolutions

πŸ“ Demonetisation, emissions norms took a toll on autoβ€Šearnings in FY17

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

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