Saturday, 29 June 2019

Current affair s on 29.06.2019

Today's Headlines from www:

*Economic Times*

📝 Google appears to have leveraged Android dominance: CCI

📝 Sebi allows Religare Finvest to sell assets to ARCs, restructure debt, raise capital

📝 Toyota Kirloskar Motor signs wage settlement agreement

📝 Tata Steel unveils work in high-speed transport in Europe

📝 M&M invests Rs 60 cr in digital marketing infra in last 3 yrs

📝 ONGC seeks partners to raise output from 64 small fields

📝 No proposal to fix MSP for milk: Government

📝 India to get over 65 million sq ft new mall space by 2022-end: Report

📝 Micro ATMs a big hit in rural India, transactions in May touch 33.5 million

*Business Standard*

📝 India's current account deficit narrows sharply to 0.7% of GDP in Q4

📝 SBI Mutual Fund bets big on Emami, increases stake from 0.68% to 8.8%

📝 Grounded Jet Airways' employees find an investor in Adi Partners

📝 LG India eyes double-digit market share in smartphones by mid-2020

📝 Warburg Venture bets on warehouses as e-commerce booms in India

📝 Finance Ministry cuts small savings interest rates for July-Sept quarter

📝 Fiscal deficit hits 52% of budgeted target in first two months of FY20

📝 Retail loan growth slows to 17% in May, reflects slowdown in economy

📝 Forex reserves hit lifetime high of $426 bn, thanks to currency swaps

📝 India's external debt rises 2.6% to $543 billion at March-end

*Financial Express*

📝 IL&FS panel to explore loan recast options

📝 Payment security mechanism for private power plants launched

📝 JLR looking at partnerships, cost cutting: Tata Sons chief

📝 JM Baxi Group in talks with private equity investors for $200 million funding

📝 Reliance Infra, RPower shares tank after Yes Bank invokes 9 crore shares

📝 NBFC share to promoter pledged shares half of total exposure in FY19

📝 SBI declares 10 corporate borrowers, their directors wilful defaulters

📝 DHFL resolution plan: Lenders to start work as per RBI guidelines, says SBI chairman

*Mint*

📝 FII inflows in first six months of 2019 at highest in five years

📝 RBI relaxes leverage ratio for banks to boost their lending capacity

📝 CARE Ratings downgrades two Essel Group Companies

📝 Sea levels along Indian coast rose by 1.3 mm/year during last 40-50 years: Govt

📝 Fashion retailer Zara reports 13% drop in FY19 profit in India

📝 Second phase of UPI mechanism for retail investors from 1 July: Sebi

📝 Centre approves 2.5 lakh more houses under PMAY

📝 RBI tweaks conditions for sale of asset by an ARC to another

📝 Crop planting slows in India on weak monsoon rains.

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