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%

Morning Business News Round Up_ Dec 31, 2018

Morning Business News :

  • Banks recover Rs 40,400 crore from defaulters: RBI
  • Reliance, BP get key ship on KG-D6 for gas output
  • Make enough financial allocations for farmers: Par Panel
  • Provision coverage ratio of PSU banks on the rise
  • 26 firms evince interest in special audit of telcos
  • Sebi plans to strengthen market surveillance system, data warehouse tool
  • Govt working on bringing untaxed sectors under tax net: Revenue Secy
  • Rs 3-trn NPA risk averted by completing highway projects in 2018: Gadkari
  • Jet Airways in talks with SBI for Rs 15 billion short-term loan: Report

Image result for jet airways

  • Cipla recalls 4,800 bottles of anti-HIV tablets from American market
  • MSTC mulls 10% fresh equity issue after govt plan to dilute 25% stake
  • India’s robust GDP growth to continue in 2019, says CII report
  • NTPC to set up 50-MW LNG project in Andaman
  • Committee to monitor DFI implementation soon
  • Govt seen going full throttle on labour reforms in 2019
  • Air India, Jet Airways see dip in domestic market share
  • Emerging markets seen bringing more pain to investors in 2019
  • Theresa May sets mid-January date for Brexit vote
  • Sebi expands OFS framework to all firms with Rs1,000 crore and above m-cap
  • RBI extends enhanced single borrower limit facility till March
  • RBI exploring mobile phone-based solution to help visually impaired identify banknotes
  • Niti Aayog’s new year focus: Pushing growth, implementation of govt’s reform measures
  • Petrol price cut to its lowest level in 2018, diesel rates at 9-month low
  • Govt proposes to invest Rs 1,227 cr through EDF
  • New NHAI norms may slow down project awards
  • Debt Waiver May Slow State Capex Growth
  • Re-audit of telcos’ books to begin in jan