Thursday, 13 December 2018

13 December 2018 News

13th December 2K18

Economic Times
 
Ø  Shaktikanta Das takes charge as 25th RBI Governor
Ø  Inflation cools, IIP up in twin treat for economy 
Ø  Industrial output growth fastest in 11 mnths at 8.1%
Ø  UK's May plans to quit before 2022 election: MPs
Ø  GST evasion worth Rs 12,000 cr detected
Ø  India's air connectivity grew fastest in five years: IATA
Ø  Rajan tells how India can be a $5-tn economy

Business Standard
 
Ø  RBI board meet on Dec 14 to focus on liquidity in financial system
Ø  Patel's resignation highlights risks to RBI's policy priorities: Fitch
Ø  Sebi allows segregation of distressed assets by MFs
Ø  Sebi allows MFs' entry into commodity derivatives market
Ø  JSW Steel's crude steel output surges 2% to 1.39 MT during November
Ø  Ashok Leyland, Israel's Elbit Systems sign MoU for high mobility vehicles

Business Line
 
Ø  Real Effective Exchange Rate rises to 112.41 in Nov; experts say rupee still overvalued
Ø  Adani becomes first generator to get PPA amended for imported coal-based plants
Ø  ‘Govt agencies must be proactive for agri-export growth’
Ø  India rejects EU’s suggestion not to re-test imported steel
Ø  Ambuja Cement announces ₹960-crore capex plans
Ø  SREI Equipment Finance eyes pacts for lease, acquisitions
 
Mint

Ø  Brazil approves WTO action over Indian sugar subsidies
Ø  Sebi examining whistleblower complaint against Sun Pharma: Ajay Tyagi
Ø  Truecaller Pay to enter credit business early next year
Ø  NinjaCart raises $35 million from Accel, Syngeta Ventures
Ø  China to plan revised technology program: Report
Ø  Faulty hip implants: J&J says looking for speedy resolution

Financial Express
 
Ø  Sebi expands OFS framework to all companies with market-cap of Rs 1,000 crore and above
Ø  Ease of doing business: DIPP to help states in ranking districts
Ø  China, US begin talks to sort out trade differences
Ø  Government may keep FY19 bank recap target at Rs 65,000 crore: Icra
 
Financial Chronicle

Ø  Dip in RBI reserves to up India’s risk premium
Ø  India needs good oil hedging policy, says Rajan
Ø  Bharat 22 ETF, OFSs may help govt meet selloff goal
Ø  Irdai delinks personal accident cover from 3rd party motor insurance