Business News: 12th June 2020

Quote of the day: "Don't judge each day by the harvest you reap but by the seeds that you plant." -Robert Louis Stevenson

Good Morning. Here is your daily dose of News. Happy Reading to You!

#MARKET News:

- Investors rush to gold ETFs amid falling FD rates, market volatility: https://bit.ly/2YrKhxV 

- Indian Economy To Grow 9.5% In Next Fiscal Year: Fitch Ratings: https://bit.ly/2AqSg6t 

- High level empowered group of secretaries to chalk out investment plan, promote Make in India: https://bit.ly/37tTKZS 

- RBI plans 10-yr cap on promoter-CEO’s term: https://bit.ly/2XUFJ4f 

?#INSURANCE News:

- SBI to sell 2.10 crore shares in life insurance arm: https://bit.ly/3cY6YyR 

- Irdai issues guidelines for standardisation of indemnity health products: https://bit.ly/37jJnrt 

- Religare completes Kedaara deal in health insurance arm: https://bit.ly/3hhkO2R 

#MUTUAL FUNDS News:

- HDFC AMC begins hunt for Milind Barve’s successor: https://bit.ly/30zwIz6 

- AMFI data shows that the proportion of retail equity AUM that remain invested for more than 2 years has increased from 41.7% to 48.7%, an increase of 7%.: https://bit.ly/2MOyN29 

#BUSINESS INSIDER News:

- unilever to merge dual legal structure under single britain based-parent - https://bit.ly/30yaTA3 

- Top domestic pharma cos in US probe for price-fixing: https://bit.ly/2B3WQHW 

- Happiest Minds files IPO papers with Sebi; JP Morgan fund to sell stake: https://bit.ly/2YtTqpI 

#CORONA-POSITIVE News:

- No community transmission in India, says govt amid spike in Covid-19 cases: https://bit.ly/3hjMbcD 

- Johnson & Johnson expedites human trials, India’s Panacea Biotec partners with US firm: https://bit.ly/3f9On4u 

#GLOBAL News:

- Apple becomes first U.S. company to hit $1.5 trillion market valuation: https://bit.ly/2UBiqtZ 

#PERSONAL-FINANCE News:

- Banks to turn cautious on retails loans due to Covid impact: Report: https://bit.ly/30wFOfY 

#REAL-ESTATE News:

- What slowdown? These realtors registered bumper sales during COVID-19 lockdown: https://bit.ly/30A4PH5 

#Well-being News: 

- Immunity: Try this Giloy juice to boost your immune system: https://bit.ly/30xLbvB 

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News collated through daily browsing to news portals like Forbes India, TOI, ET, Mint, HBL, Moneycontrol, The OmniLife, and Cafemutual. Views expressed in the articles are of the authors only, the sender does not hold any responsibility for the views.