*News Headlines from Business News Agencies:*
*Business Standard :*
• India-China trade rises 34% in FY22 thwarting Centre's self-reliance goals
• M&M to invest Rs 10,000 cr to set up plant in Pune for upcoming EV range
• ADB cuts developing Asia's GDP outlook for 2023 amid global growth concerns
• US finalising arms upgrade to Ukraine with Patriot missile batteries
• Billionaire Anil Agarwal struggles to get backers for $19 billion chip unit
• Sundar Pichai coming to India; govt to discuss 'Made in India' Pixel phones
• India and UK look to fast-track free trade agreement negotiations
• United Airlines places largest 787 Dreamliner order in Boeing's history
• Bharti Airtel launches 5G Plus services at no extra cost in Lucknow
• Coal India's 7 projects to be developed by MDOs for import reduction
• Govt extends bid submission deadline till Jan 7 for IDBI Bank sale
• Retail firm Lulu Group signs deal to open 6 shopping malls, 1 hotel in UP
• Colgate Palmolive to focus on volume growth in India, says MD Narasimhan
• Amazon faces $280 mn lawsuit from Vietnamese supplier for post-Covid cuts
• CPAI asks Sebi to provide uninterrupted trading in cotton futures contracts
• Israel to consider cooperation in agriculture, tourism sectors with Kerala
*Economic Times :*
• Indian IT to bag a lion's share of $160 billion tech deals in Q1
• India's wholesale inflation eases to 21-mth low in Nov
• Share of SIP AUM hits a record 17% in total MF AUM amid sustained inflows
• India's Rupee only currency which strengthened during uncertain times, says Finance Minister
• Macro headwinds impact performance of textile players across segments in Q2 FY2023
• Inflation, uncompetitive prices hurting Indian cotton spinners: ICRA
• Sales of automobiles continue to grow even after festive season: SIAM
• 9.79 Lakh vacancies in central government departments: Centre
• Crypto firm Binance says deposits returning after heavy withdrawals
• Paras Healthcare onboards MyHealthcare as their digital transformation partner
• UN recognises Ganges project among 10 initiatives restoring natural world
• Byju's staff reveal harsh work conditions at edtech giant
• Paras Healthcare appoints Santy Sajan as the new Group Chief Operating Officer
• AAI issues notice to Delhi airport for providing deficient services, may slap penalty
• Indian households may more than double savings in 5 years, says Crisil
• UK inflation falls from 41-year high giving some relief to BoE
*Mint :*
• Coal India issues letters of acceptance for seven greenfield coal projects
• NTPC plans to raise ₹500 cr through NCDs via private placement
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• Two committees set up to reduce delay in crop loss, damage estimation: Jitendra Singh
• Paytm has excess cash, buyback won't hamper growth plans: Morgan Stanley
• IEX becomes India’s first carbon-neutral power exchange
• Infrastructure consultancy firm REPL to prepare master plan for 19 ULBs of Uttarakhand
• Non-life insurers’ gross direct premium up 22.1% in November
• GMR Hyderabad Airport raises ₹1,150 cr for repayment of offshore bonds
• Success rate of Indian startups higher than rest of the world: Piyush Goyal
• HDFC Bank to acquire 7.75% stake in fintech start-up Mintoak
• Delhi MCD presents budgetary proposals worth ₹16,000 crore.
• Airport congestion: Govt asks airlines to deploy adequate staff
• Anti-trust action against the Microsoft-Activision Blizzard deal is overkill
*Economic Calendar_15.12.2022*
*07.30 AM China Industrial Production y/y (Expectations: 3.4%, Previous: 5.0%)*
*07.30 AM China Retail Sales y/y (Expectations: -3.9%, Previous: -0.5%)*
*17.30 PM U.K. Bank of England Monetary Policy (Expectations: 3.5%, Previous: 3.0%)*
*18.45 PM Euro ECB Monetary Policy (Expectations: 2.5%, Previous: 2.0%)*
*19.00 PM U.S Retail Sales m/m (Expectations: -0.2%, Previous: 1.3%)*
19.00 PM U.S Empire State Manufacturing Index (Expectations: -1.1, Previous: 4.5)
19.00 PM U.S Unemployment Claims (Expectations: 230k, Previous: 230k)
By: via Allies Fin Serve Stock Market
