Wednesday, November 27, 2019

Daily news 28th Nov



Business Standard

Ø  States' rising debt pose threat to India's fiscal deficit target

Ø  Sebi working on related-party transaction norms: Tyagi

Ø  No recession in Indian economy: Nirmala Sitharaman

Ø  Trai floats paper on transparent reporting of tariffs

Ø  Govt has no plans to reduce price for 5G spectrum

Ø  Telecom sector records Rs 41k cr dip in gross revenue




Ø  Plan ready for Rs 100-trn investment in infra, Rs 50-trn in Railways: Goyal

Ø  Investments in equity MFs rose 35% QoQ to Rs 24,000 cr in Jul-Sep: Report

Ø  BSE, NSE issue norms to list commercial papers, bring them under Sebi

Ø  Retail boost for logistics, warehousing: Investment rises by $7 bn in 2 yrs

Ø  UPI transactions in July-Sep up 183% at 2.7 bn; value jumps to Rs 4.6 trn


Mint

Ø  Moody’s expects Centre’s fiscal deficit to rise to 3.7%

Ø  Coal production in India up by 164.58 MT in 5 years

Ø  US cuts funds for WTO Appellate Body drastically

Ø  India seeks review of FTAs with ASEAN, Japan: Goyal

Ø  JSW Cement to invest ₹2,875 cr to add 11 mtpa capacity

Ø  Biocon, Mylan get USFDA nod for pegfilgrastim drug substance licence



Ø  PMC Bank scam: Mumbai court gives nod to sell jets, yacht of Wadhawans

Ø  Govt to divest 100% stake in Air India, says aviation minister Puri

Ø  Jet Airways’ creditors extend date for submission of resolution plan to 16 Dec

Ø  Sebi lays guidelines for listed REIT, InvIT on preferential issue

Ø  Two ex-directors at ZEEL resigned over management decisions


Deccan Chronicle

Ø  Indian Textile Industry can reach $300 Billion by 2030: CII

Ø  Cabinet approves extension of jute packaging norms for foodgrains, sugar

Ø  Government hikes authorised capital of FCI to Rs 10,000 crore

Ø  JSW Cement defers IPO, sets new capacity target for 2023

Ø  Crude steel production capacity on increase in country

Ø  Rupee settles 15 paise higher at 71.35 against US dollar

Ø  Sical to sell or hive off businesses to pare debt

Ø  Cement demand fails to pick up on multiple woes

Ø  CreditAccess to acquire Madura MFI for Rs 876 crore

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