Friday 21 December 2018

@AlliesFin Serve T.ME/ALLiESFiN's Post

Economic Times



Business Standard

Ø Farmers get $9bn loan relief ahead of elections

Ø Bank credit grows by 15.07%, deposits by 9.66%

Ø PSBs recover $8.69 bn of bad loans in April-Sept

Ø RBI limits total outstanding ECBs to 6.5% of GDP

Ø IL&FS to sell stake in education, wealth mgmt arms

Ø Govt to put draft ecomm policy up for consultation

Ø PowerGrid gets shareholders' nod to raise FPI shareholding limit to 35%



Ø ONGC board approves Rs 40 billion buyback at Rs 159 apiece; shares end flat

Ø Govt wants Rs 100 bn interim dividend from RBI for fiscal deficit target

Ø Defaults on credit cards, loan against properties on the rise, says CIBIL

Ø Sterlite likely to restart Tamil Nadu's Thoothukudi unit in two months

Ø NITI Aayog's recommendation on agri sector tough to implement: Experts

Business Line



Mint

Ø NCLAT reserves order on Bhushan Power and Steel

Ø ‘RBI must release a vision document for UCBs to thrive’

Ø CBDT to tighten monitoring of donations to trusts

Ø Steel companies staying off Karnataka’s ‘overpriced’ ore

Ø Gold, jewellery exports to post up to 5% growth this year



Ø Govt announces tax relief to startups

Ø Airtel sets up special panel to explore fundraising options

Ø RCom urges DoT to grant approval for spectrum deal

Ø Swiggy raises $1 billion in largest funding round till date

Ø Canara Bank to raise up to ₹3,000 crore via Basel-III compliant bonds

Financial Express



Financial Chronicle

Ø RBI Governor Shaktikanta Das to meet private sector lenders next week

Ø Bank of India eyes Rs 1200-cr from exiting life insurance arm Star Union

Ø India's crude steel output falls by 1.3 pct in November

Ø Government taking steps to implement methanol economy

Ø Tata Motors, Zoomcar join hands for self-drive EV rentals in Pune



Ø Rupee rallies 69 paise, settles below 70-mark

Ø BSNL to raise Rs 12,000 crore from PSBs for network upkeep

Ø Brokers question 100% penalty on ‘bogus’ dealings

Ø Energy subsidies decline by 36% to Rs 1.51 lakh crore

Ø 3 banks’ merger unlikely before 1st quarter of FY20
By: via @AlliesFin Serve T.ME/ALLiESFiN

AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post

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