Morning News Round-up:

Ø  Criticism of GDP nos. hurt India’s reputation: Barman

Ø  Government woos Apple with new sourcing norms

Ø  India’s biggest oil refinery on west coast to cost $30 bn

Ø  Wrong to say central banks always have a ‘bazooka’: Rajan

Ø  Tax department must trust assessees: Arun Jaitley

Ø  UK should keep Brexit options open: Tony Blair

Ø  Global M&A falls 18% to $1.71 tn in first half of 2016

Ø  Five-year inflation target under review

Ø  Monsoon key to India’s recovery: StanChart

Ø  Kuwait posts $18 billion deficit as lower oil prices slash revenue

Ø  IPO market: Companies mop up Rs 7,775 cr in Jan-Jun

Ø  Mutual Fund assets hit record Rs 14.41 lakh cr in June quarter

Ø  Notification error halts sugar re-export

Ø  FinMin to issue Cabinet note on listing of PSU insurers soon

Ø  ‘GDP overstated, higher private investment needed’

Ø  Technological innovation key to harness low wind sites: Suzlon

Ø  Brexit: Tatas may freeze UK unit sale

Ø  Debt servicing ability of most large firms still weak: Report

Ø  SEBI rejigs top-level work allocation 

Ø  Aluminium poised near the range resistance

Ø  Tata Steel said to put Port Talbot sale on ice

Ø  NMDC to buyback shares worth Rs7,528 crore

Ø  GAIL to investRs.20,000 cr on pipeline network in south India

Ø  LSE shareholders to vote on merger under Brexit cloud

Ø  Govt may not cut excise duty on petrol, diesel for now

Ø  SBI secures $625 million from World Bank for solar programme  

Ø   IOC-owned refinery to supply BS-IV compliant diesel from January

Ø  Textile industry likely to create only 29 lakh jobs against a one crore jobs target

Ø  Jindal Stainless allots shares to pay Rs 366 cr due to JSHL

Ø  At 42.72 mt, Coal India hits 99 percent of June output target

Ø  India’s GDP data is overstated: Morgan Stanley

Ø  India slips to 75th place on money in Swiss banks

Ø  States asked to form panel to expedite mining lease

Ø  Irdai asks insurance cos details of social sector biz

Ø  GMR sells stake in projects to Adani

Ø  Promoter-shareholders’ stake in NSE falls to 41%

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