Morning News Round-up:

Ø  Deadline for exchanging pre-2005 banknotes extended by 6 months

Ø  Rains cover entire nation; surplus increases to 28%

Ø  Iran talks may miss June 30 deadline : US

Ø  Govt to revive sick power distribution cos: FinMin

Ø  No question of diluting stake in Jet Airways: Goyal

Ø  Government considering hiking FDI limit for media sector

Ø  Tech Mahindra signs 50 million pound ten-year healthcare deal in UK

Ø  Banks staring at Rs 53k cr of discom NPA

Ø  Rising corporate leverage alarms RBI: FSR report

Ø  Centre proposes Rs 8.50 lakh cr investment in railways in five years

Ø  Private PF trusts can invest 5-15% in equity markets

Ø  MFs file papers with Sebi for 100 new offerings in 2015

Ø  Gujarat Alkalies & Nalco to set up caustic soda plant in Dahej

Ø  Central fund only for infra projects in smart cities; no timeframe yet

Ø  Creditors set bailout ultimatum for Greeks

Ø  EPFO to start equity investments in July

Ø  Steel companies feeling the heat as projects face hurdles

Ø   RBI permits banks to borrow from global institutions

Ø  Bharti Enterprises buys minority stake in OneWeb

Ø  Goa Shipyard bags ₹32,000-crore Defence order for 12 minesweepers  

Ø  Stressed assets continue to rise, but may decline by FY16 end: FSR

Ø  Government proposes major overhaul of labour laws

Ø  Law ministry advises RBI to share banks inspection report

Ø  Finance ministers of 57 countries to ink pact on AIIB on Monday

Ø  Manpasand Beverages IPO subscribed 36% on second day

Ø  BSE Sensex rises 166.30 points to close at 27,895.97, NSE Nifty ends at 8,398

Ø  Investments in India can now be committed without delay: FM Arun Jaitley

Ø  Smart cities to be decided by citizens: PM Narendra Modi

Ø  Aviation ministry clears proposal for new airport in NCR

Ø  ICICI Bank cuts base rate by 0.05 bps to 9.70 pct

Ø  India pledges $1 billion for Nepal’s reconstruction

Ø  Govt wants CIL to keep coal prices low

Ø  Nestle boss trying to restore firm’s image after India ban

Ø  Infra fund to include major stake from non-govt sources

Ø  State-run pension fund to start buying shares as Modi pushes reform

Ø  India to see cyclical upswing after rate cuts: Jayant Sinha

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