Morning Business News Round Up_Jan 01, 2019

Morning Business News :

  • NBFCs balance sheet grew 17.2% as of Sep 2018: RBI
  • Core sector growth hits 16-month low in November
  • Not seeking RBI surplus to meet fiscal deficit: FM
  • India’s external debt dips 3.6% to $510 bn in Sept
  • HDFC raises lending rates by 0.1 per cent
  • Axis Bank MD & CEO Shikha Sharma retires
  • Banks’ exposure to financial system at 46.5%: RBI
  • RBI report calls for fine-tuning institution scanning after IL&FS crisis
  • India exempts rupee payments for Iran oil imports from hefty taxes: Report
  • Core sector growth hits 16-month low at 3.5% in Nov due to oil, fertilisers
  • Lupin plans expansion, eyes Europe growth via acquisitions and launches
  • BHEL bags Rs 3,500 crore order for setting up West Bengal thermal unit
  • ₹75-lakh threshold could help over 60 lakh MSMEs escape GST net
  • Bearish sentiment weighed on PV segment in second half
  • Employees of bankrupt RTIL join hands to revive company
  • Toyota Kirloskar Motor sales up 10% in Dec
  • Domestic steel consumption to grow by 7% this fiscal, FY20: ICRA
  • Tyre sector may grow 7-9% in 5yrs buoyed by demand,lower crude
  • Government infuses Rs 10,882 crore capital in four PSU banks

Image result for psu banks

  • IL&FS puts commercial, residential properties up for sale
  • Kotak misses deadline to cut stake
  • RCom, Reliance Jio extend validity of asset sale pact to 28 June
  • PPF regains the crown with the best returns
  • Lok Sabha passes Indian Medical Council (Amendment) Bill, 2018
  • Government extends import restrictions on peas till March 31
  • Hyderabad HC sets aside ED order attaching Tech Mahindra’s Rs 822 cr fixed deposits
  • Insurance industry goes on tech drive to expand coverage
  • Govt seen going full throttle on labour reforms
  • New NHAI norms may slow down project awards
  • Govt proposes to invest Rs 1,227 cr through EDF
  • Provision coverage ratio of PSBs on rise, crosses 66%