Morning Business News Round up_November 20, 2015

Morning Business News :

  • BOJ keeps policy steady despite recession, sees capex rebound
  • China banks turn blind eye to soaring overdue loans
  • Fed to hold term reverse repo operations in December
  • India to sell more coal mines in production push – govt official
  • 7th Pay Commission recommends 23.55% pay hike
  • October air passenger traffic up 18 percent
  • Centre puts up 8 coal mines from 4 states for auction
  • Rajasthan to get investment worth Rs.3.3 lakh crore: CM
  • RBI says investors will need approval to buy 5 pct in banks
  • Anil Ambani bets big on solar power in Rajasthan
  • India’s sugar output rises by 33% in early crushing season
  • Vedanta may scale back expansion on soft aluminium prices
  • Companies garner Rs 5,500 crore via NCDs in Apr-Oct
  • Punj Lloyd bags two orders worth Rs 483 cr from NTPC

  • Strides Arcolab changes name to Strides Shasun Ltd
  • CEA-led panel may suggest GST rate of 20-24%
  • RBI sets direct agri-lending target at 11.57%
  • Canara Bank to raise Rs 2,400 cr by issuing tier II bonds
  • Naveen announces Rs 35,000 cr package for western Odisha farmers
  • Two US law firms threaten class action law suit against Dr Reddy’s
  • Modi’s gold deposit scheme attracts only 400 grams


Today’s Wealth Mantra !

“In investing, what is comfortable is rarely profitable.”

– Robert Arnott