7th December 2018
*Economic Times*
Ø Union cabinet approves agricultural export policy
Ø Cabinet approves REC takeover by PFC
Ø $100 bln investment in telecom to add $1.2 tn to GDP
Ø US trade deficit hits 10-year high on record imports
Ø Brent oil price sinks below $60 on Saudi comments
Ø Patanjali to set up Rs 634 cr food park in Vizianagaram
*Business Standard*
Ø Jet Airways seeks $350 million soft loan from Etihad
Ø Banks at 'poverty line' of capital will stay poor: RBI executive director
Ø Goa calls high-level meet on Dec 12 to discuss farmers' woes in mining belt
Ø India to import Iranian crude oil using rupee payment mechanism: Source
Ø Fitch cuts India's growth forecast to 7.2% in FY19 on higher financing cost
Ø NCLT allows ICICI Bank's Rs 7-bn claim in Era Infra insolvency case
*Business Line*
Ø Govt prepares Cabinet note to strike down Section 33 (2) of Aadhaar
Ø IREDA may borrow up; to₹48,000 cr for Centre’s subsidised solar water
Ø ESIC allows people other than subscribers to avail its services
Ø RP-SP Group eyes₹10,000-crore turnover from snacking segment
Ø Centre sells 2.21 per cent stake in CIL to CPSE ETF
*Mint*
Ø US markets rout deepens with banks leading latest drop
Ø NHPC to acquire 500 MW Lanco Teesta project for around Rs. 900 crore
Ø Vodafone Idea, Airtel, Reliance Jio must agree on stress for spectrum relief
Ø Kia Motors to begin production in Andhra Pradesh mid-2019
Ø OPEC agrees tentative oil cut, waits for Russia to commit
*Financial Express*
Ø New industrial policy to address challenges faced by manufacturing sector: Official
Ø India, Pakistan trade much below than potential, says World Bank report
Ø Union Cabinet approves pact between India and France in the field of energy efficiency and conservation
*Financial Chronicle*
Ø Alstom makes Sricity facility its global manufacturing center
Ø NCLT dismisses HDFC plea for starting insolvency proceedings against RHC Holding
Ø Govt must make policy corrections to support realty sector: CREDAI
Ø Rupee drops 44 paise to 70.90 against dollar amid sharp sell-off in equities