Morning Business News Round Up_ Dec 07, 2018

  • Union cabinet approves agricultural export policy
  • Cabinet approves REC takeover by PFC
  • $100 bln investment in telecom to add $1.2 tn to GDP
  • US trade deficit hits 10-year high on record imports
  • Brent oil price sinks below $60 on Saudi comments
  • Patanjali to set up Rs 634 cr food park in Vizianagaram
  • Jet Airways seeks $350 million soft loan from Etihad
  • Banks at ‘poverty line’ of capital will stay poor: RBI executive director
  • Goa calls high-level meet on Dec 12 to discuss farmers’ woes in mining belt
  • India to import Iranian crude oil using rupee payment mechanism: Source
  • Fitch cuts India’s growth forecast to 7.2% in FY19 on higher financing cost
  • NCLT allows ICICI Bank’s Rs 7-bn claim in Era Infra insolvency case
  • Govt prepares Cabinet note to strike down Section 33 (2) of Aadhaar
  • IREDA may borrow up to₹48,000 cr for Centre’s subsidised solar water
  • ESIC allows people other than subscribers to avail its services
  • RP-SP Group eyes₹10,000-crore turnover from snacking segment
  • Centre sells 2.21 per cent stake in CIL to CPSE ETF
  • US markets rout deepens with banks leading latest drop
  • NHPC to acquire 500 MW Lanco Teesta project for around Rs900 crore
  • Vodafone Idea, Airtel, Reliance Jio must agree on stress for spectrum relief
  • Kia Motors to begin production in Andhra Pradesh mid-2019
  • OPEC agrees tentative oil cut, waits for Russia to commit
  • New industrial policy to address challenges faced by manufacturing sector: Official
  • India, Pakistan trade much below than potential, says World Bank report
  • Union Cabinet approves pact between India and France in the field of energy efficiency and conservation
  • Alstom makes Sricity facility its global manufacturing center
  • NCLT dismisses HDFC plea for starting insolvency proceedings against RHC Holding
  • Govt must make policy corrections to support realty sector: CREDAI
  • Rupee drops 44 paise to 70.90 against dollar amid sharp sell-off in equities