Morning Business News Round Up_ Dec 13, 2018

  • Shaktikanta Das takes charge as 25th RBI Governor
  • Inflation cools, IIP up in twin treat for economy
  • Industrial output growth fastest in 11 mnths at 8.1%
  • UK’s May plans to quit before 2022 election: MPs
  • GST evasion worth Rs 12,000 cr detected
  • India’s air connectivity grew fastest in five years: IATA
  • Rajan tells how India can be a $5-tn economy
  • RBI board meet on Dec 14 to focus on liquidity in financial system
  • Patel’s resignation highlights risks to RBI’s policy priorities: Fitch
  • Sebi allows segregation of distressed assets by MFs
  • Sebi allows MFs’ entry into commodity derivatives market
  • JSW Steel’s crude steel output surges 2% to 1.39 MT during November
  • Ashok Leyland, Israel’s Elbit Systems sign MoU for high mobility vehicles
  • Real Effective Exchange Rate rises to 112.41 in Nov; experts say rupee still overvalued
  • Adani becomes first generator to get PPA amended for imported coal-based plants
  • ‘Govt agencies must be proactive for agri-export growth’
  • India rejects EU’s suggestion not to re-test imported steel
  • Ambuja Cement announces₹960-crore capex plans
  • SREI Equipment Finance eyes pacts for lease, acquisitions
  • Brazil approves WTO action over Indian sugar subsidies
  • Sebi examining whistleblower complaint against Sun Pharma: Ajay Tyagi
  • Truecaller Pay to enter credit business early next year
  • NinjaCart raises $35 million from Accel, Syngeta Ventures
  • China to plan revised technology program: Report
  • Faulty hip implants: J&J says looking for speedy resolution
  • Sebi expands OFS framework to all companies with market-cap of Rs 1,000 crore and above
  • Ease of doing business: DIPP to help states in ranking districts
  • China, US begin talks to sort out trade differences
  • Government may keep FY19 bank recap target at Rs 65,000 crore: Icra
  • Dip in RBI reserves to up India’s risk premium
  • India needs good oil hedging policy, says Rajan
  • Bharat 22 ETF, OFSs may help govt meet selloff goal
  • Irdai delinks personal accident cover from 3rd party motor insurance