News, I read on 11th June

1) The Standard & Poor's (S&P) has retained India's ratings at the lowest investment grade and outlook as stable.
Ref:Livemint

2) Securities and Exchange Board of India (SEBI) has given unlisted non-convertible debentures (NCDs), where mutual fund are investors, a one-time window of three months to get listed.
Ref:Livemint

3) India consumer price inflation is likely to have moderated to a six-month low in May on a softer rise in food prices as supply disruptions eased after businesses reopened from the coronavirus lockdown.
Ref:Reuters

4) Many Indians are using gold to secure loans, bankers and industry experts say, as banks are otherwise increasingly unwilling to lend during the coronavirus pandemic due to fear of the loan souring.
Ref:Reuters

5) The center is discussing measures to help boost demand, planning infrastructure push which may lead to the government spending more than its budgeted capital expenditure for 2020-21. 
Ref:Business Standard

6) After a contraction in the current financial year, India's economy is forecast to bounce back with a sharp growth rate of 9.5 per cent next year - Fitch Ratings. 
Ref:Business Standard

7) Investors are betting a weaker U.S. dollar will further boost a rally that has seen stocks, emerging market currencies and other risky assets soar in recent weeks.
Ref:Reuters

8) At a time when interest rates on bank deposits have steadily declined following successive policy rate cuts, the banks witnessed high deposits despite low rates.
Ref: Livemint

9) The US Federal Reserve on Wednesday repeated its promise of extraordinary support for the economy as policymakers, projected a 6.5 per cent decline in gross domestic product this year.
Ref:Business Standard