India : Business News Headlines – 05 Dec 2016
Business Standard
Ø ‘India may still be the fastest-growing economy’
Ø PE Funds, SWFs queue up for a slice of SBI Life
Ø World Trade Organization environmental trade talks fail
Ø RBI Governor may cut rate by 0.25% in policy review
Ø India takes pride of place, crosses $300 bn FDI mark
Ø Government unlikely to implement DBT in kerosene
Ø Bankers want to shut shop till there’s enough cash
Ø Tata Steel closes in on UK plant deal: Report
Ø Direct tax incentives likely in Budget
Ø China’s biggest carmaker SAIC Motor to drive into India
Ø Nusli Wadia likely to make 3 Tata EGMs tougher
Ø Govt extends MIP on select steel products till February 4
Ø China’s biggest carmaker to drive into India
Ø ONGC crosses daily production target; revises annual goal
Ø CBI registers fresh case against Prakash Industries in coal
Mint
Ø ESIC hikes wage limit to bring more workers under net
Ø NSDL to allow up to three nominations in single demat a/c
Ø Oil companies gear up for less cash economy
Ø M&M board okays demerger of MTWL’s two-wheeler undertaking
Ø Jan Dhan deposits stabilise; a/cs get Rs. 1,487 cr in 7 days
Ø Demonetisation crushes green shoots in rural India
Ø Digital payments: Single UPI platform in offing for banks
Ø Centre, states to list industries for cashless wage payment
Ø Govt must up public expenditure to push consumption: Assocham
Ø Almost 3/4th of Rs500, Rs1000 notes deposited in banking system
Ø Cyrus Mistry ouster: LIC, other DIIs likely to abstain from Tata EGM voting
Financial Chronicle
Ø RBI to issue new Rs 20, Rs 50 banknotes; old currency notes continue to be legal tender
Ø IT department rejects declarations of Rs 2 lakh crore, Rs 13,000 crore; revises IDS amount
Ø Retailers asked to accept old Rs 500 note for recharges: COAI
Ø Rs 10 incentive for individuals who transit to digital payment mode
Ø Global economy is on a path of protracted growth acceleration
Ø Rice prices may remain stable despite record production
Ø Maha govt forms taskforce to review and coordinate NSEL scam
Ø Experts fear China’s wrath as Trump calls Taiwan Prez
Ø FM promises higher & ‘cleaner’ GDP after demonetisation woes
