Tuesday, December 10, 2019

Daily news 11th dec



Business Standard

Ø  RBI finds Rs 11,932-cr hole in SBI's NPA book
Ø  RBI had no objection to electoral bonds via SBI: FM
Ø  Panel asks govt to prevent misuse of input tax credit
Ø  China plans to launch its own digital currency
Ø  IDBI Bank to sell up to 49% stakes in 2 subsidiaries
Ø  Cos can recover exploration cost from new finds
Ø  Sebi relaxes group exposure limit for MFs



Ø  WTO extends ban on tariffs for digital trade, India set to benefit
Ø  Domestic steel demand in October-November shrinks 1.8% YoY: ICRA
Ø  BlackRock sees growth edging higher in 2020, limiting recession risks
Ø  Morgan Stanley fined $22 million for French bond market rigging
Ø  Trai issues revised MNP process notice; new norms effective from Dec 16
Business Line


Mint
Ø  India, Japan discuss bilateral trade imbalance, RCEP pact
Ø  Dilip Buildcon lowest bidder for ₹826-cr Delhi Metro project
Ø  Fuel linkage rationalisation helps CIL save ₹3,770 cr annually
Ø  ‘Proposed India-EU FTA has to address labour, government procurement, sustainability issues’
Ø  `Saudi Arabia wants to be part of India's goal of becoming a $5 trillion economy’
Ø  Yes Bank to favourably consider Citax’s $500 million investment offer


Ø  Nippon Express gets CCI nod to buy 22% stake in Future Supply
Ø  FCI raises ₹8,000 crore on BSE BOND platform
Ø  Antitrust body OKs Piramal Enterprises’ issue of CCDs to Canadian pension fund
Ø  India slowdown: Electricity demand falls for 4th straight month, says govt data
Ø  India asks Japan to reduce trade surplus before Shinzo Abe's visit next week
Ø  London Stock Exchange considers proposals for a shorter trading day
Financial Express


Deccan Chronicle
Ø  Reliance to see return on capital employed rise to 11% in 2 years
Ø  Reliance signs pact with ADNOC for development of chemical facility
Ø  Chinese inflation hits eight-year high as pork prices double
Ø  Fitch revises outlook on Cairn India to negative


Ø  WTO tariff freeze on digital trade extended till June ’20
Ø  Rupee rises 12 paise to 1-month high of 70.92 against US dollar
Ø  Banks cut MCLR rates after RBI nudges on transmission
Ø  Sensex tumbles nearly 250 points; Nifty ends below 11,900
Ø  Start bidding goodbye to Windows 10 Office mobile apps

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