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Friday, 22 February 2019

22 February 2019 News

22nd February 2K19

Economic Times
 
Ø  RBI worried over growth slowdown - MPC minutes
Ø  Auto sales to pick up in 2nd half of next fiscal: Ind-Ra
Ø  EPFO recommends hiking interest rate to 8.65%
Ø  India aims to be among world's top 3 economies: Modi
Ø  Govt asks ONGC, OIL to sell out 66 fields to pvt firms
Ø  Sebi revises minimum haircut for government securities used as collateral

Business Standard
 
Ø  Telecom panel decision on Bharti Airtel, Vodafone, Idea penalty deferred
Ø  Tech Mahindra to buyback Rs 1,956 crore worth shares at Rs 950 apiece
Ø  Ashoka Buildcon wins Rs 1,382-crore contract from NHAI in Karnataka
Ø  Reliance Capital invites Nippon Life to buy its entire 42.88% stake in JV
Ø  Government stops classifying steel manufacturers on capacity basis

Business Line
 
Ø  Govt targets $50-b trade with Russia
Ø  India’s coal power plants ‘unhealthiest’ in world
Ø  FSSAI, Ayush Ministry discussing regulations for Ayurvedic foods
Ø  NHPC, NLC forge power trading agreement
Ø  Dr Reddy’s re-launches generic version of Suboxone in US
Ø  Kesoram Industries’ tyre business to be demerged by July
 
Mint

Ø  Telecom dept to sell fibre assets built for BharatNet
Ø  Gross loans of microfinance industry grow 6% to ₹65,090 crore in Q3
Ø  President approves changes in Stamp Act, to help curb tax evasion
Ø  China offers to buy $30 billion more US agricultural imports a year
Ø  Govt's reform initiatives transformed India into fastest-growing major economy

Financial Express
 
Ø  Angel tax relief: Start-ups rush to register with DPIIT
Ø  Interest rate dilemma! Banks promise RBI to examine possibilites to cut lending rates
Ø  Tata Turkish firm JV bags Rs 2,283-crore tunelling projects of Pune Metro
Ø  Bharat Forge looks to build quadcopter, to help Army carry on mountainous terrain
 
Financial Chronicle

Ø  Edelweiss, Kotak, JM Financials named in NSEL case
Ø  RCom wants lenders to release Rs 260 crore
Ø  Rupee drops 13 paise to 71.24 against dollar as crude rises
Ø  Despite massive capital infusion, full turnaround is still away for PSBs: Moody'