Thursday, 22 October 2020

@AlliesFin Serve Stock Market's Post

Economic Times



Business Standard

Ø IMF slashes Asia's growth forecast

Ø UNCTAD sees 7-9% dip in 2020 global trade

Ø India at the cusp of economic recovery: RBI Governor

Ø Cabinet to soon consider new PSE policy: DEA Secretary

Ø Government pushes strategic PSU sales, 4 companies may net Rs 49,000 crore

Ø World trade rebounds slowly in Sept quarter, outlook uncertain

Ø Purdue Pharma to plead guilty and pay $8.3 billion over opioids

Ø India receives highest ever FDI in Apr-Aug FY21: Government



Ø MFs, alternative investment funds may come under ambit of new tax norms

Ø Govt open to further stimulus to lift economy, says DEA Secretary

Ø Hindustan Copper board to consider raising funds by issue of shares via QIP

Ø RBI to release on-tap TLTRO funds every Monday, scheme to run till Mar 31

Ø Modi to meet 15 global funds as India seeks investment to lift economy

Ø Fin sector must reduce reliance on banking system for fundraise: Sebi chief

Ø Canada's annual inflation rate accelerates to 0.5% in September

Business Line



Mint

Ø Aatmanirbhar Bharat: Raghuram Rajan cautions against import substitution by erecting tariffs

Ø USAID announces $5 m to support India’s initiatives

Ø India opposes US, Brazil push for fast implementation of trade facilitation measures at WTO

Ø India posted strong mid single-digit growth: Nestle

Ø UltraTech Q2 net more than doubles to ₹1,235 cr

Ø JK Tyre Q2 net down 34% at ₹110 crore



Ø Sebi penalises Kirloskar brothers on charges of fraud

Ø Bajaj Finance Q2 net profit drops 36% on higher provisioning

Ø Equitas Small Finance Bank IPO subscribed 67 pc on second day of bidding

Ø Brexit talks set to restart with aim of deal by mid-November

Ø ReNew Power’s $325 million dollar bond offering sees strong demand

Financial Express



Deccan Chroicle

Ø Commerce ministry recommends continuation of anti-dumping duty on Chinese Synthetic Rubber

Ø Neutralising negative growth, Coal India poised for output ramp-up

Ø E-tailing to become USD 200-billion opportunity by 2025: Report



Ø India receives $35 billion FDI in first five months of the fiscal

Ø Pharma sector may post Covid-induced rise in Q2 earnings
By: via @AlliesFin Serve Stock Market

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