Tuesday 28 July 2020

α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post

Economic Times



Business Standard

Ø Banks must raise capital proactively: RBI Guv

Ø Govt to go ahead with PSUs divestment: FM

Ø RBI signs $400 million currency swap pact with Central Bank of Sri Lanka

Ø Corporate India struggles to contain debt levels post Covid

Ø Commerce minister Piyush Goyal reveals big reforms govt is planning to attract investments

Ø Indian Oil and Total set up a joint venture to manufacture and market bitumen derivatives



Ø India to post current account surplus this fiscal, first since FY04: Report

Ø $6 bn capital raised by PSBS inadequate to safeguard against stress: Fitch

Ø China industrial profits rise 11.5% in June, signal economic recovery

Ø Moody's downgrades Rolls-Royce's credit rating to junk; outlook negative

Ø Sebi extends relaxation in procedural norms for open, buyback offers

Business Line



Mint

Ø JSW Steel ready to close BPSL deal if apex court gives go ahead

Ø Centre announces ₹10,000-cr booster for local drug production

Ø Reliance overtakes Exxon to become world’s No.2 energy firm

Ø V-Guard Industries registers 93% fall in Q1 net as lockdown bites

Ø Ashok Leyland expands digital solutions for CVs



Ø Bharti Infratel Q1 net profit falls 21% to ₹704 crore

Ø Bitcoin Jumps Above $10,000 for the First Time in Six Weeks

Ø Citi, Edelweiss, SBI Capital, two others in the running for LIC IPO advisor role

Ø Moderna, Pfizer start decisive COVID-19 vaccine trials, eye year-end launches

Ø No decision taken to reintroduce the FRDI Bill: Finance Ministry

Ø Sebi slaps ₹1 cr fine on CARE Ratings in RCom case

Financial Express



Deccan Chronicle

Ø Trade, technology at risk in US-China feud

Ø Indian economy to see sharp V-shaped recovery in Q3, Q4: NK Singh

Ø German economic outlook brighter for 3rd month post-shutdown

Ø India Inc’s foreign borrowings slipped 81% to $1.02 billion in June



Ø Need to conclude free trade agreements with US, others: RBI chief

Ø Don't extend loan moratorium, able corporates not paying loans: HDFC's Parekh to RBI

Ø Oil prices fall amid US-China feud, increasing pandemic fears

Ø Gold prices hit all-time high amid US-China spat
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