21st December 2K18
Economic Times
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%
Business Standard
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
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
Mint
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
Ø RBI Governor Shaktikanta Das to meet private sector lenders next week
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
Financial Chronicle
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
