Daily News Monitor: 7 May 2018

HEADLINES:

1. Rupee Becomes Asia's Worst-Carry Trade After $70 A Bbl 'Crude' Shock

2. Private Players Likely To Help Run EPFO And ESIC Schemes 

3. GST Return Filing Process To Become Simple

4. Modi’s Saubhagya Scheme: Power Supply To 3.63 Crore Households To Cost Rs 32,000 Crore To Discoms

5. Insolvency And Bankruptcy Code Alert: Explicit Bar Likely On Bids By Promoters’ Relatives

6. GST Will Stimulate Indian Economy In Medium-Term: ADB Chief Economist

7. Corp Affairs Ministry Plans To Collect Passport Details Of Cos' Directors 

8. Aurobindo Launches $1.6 Billion Bid To Buy Novartis Generics Unit

9. India Inc Invests Over $4 Bn In South Africa

10. Finance Ministry Gears Up For Second Round Of PSB Recapitalization

11. Air India Sale Fails To Take Off

12. Govt Likely To Notify 8.55% Interest On PF For FY18 This Week

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