NEWS

1. Priority sector lending increased to 50%

from 40%
2. Finance minister cut on GST in
automobile sector.
3. Launch of Jio IPO.
 NEWS
1. India’s IT services vendors wary of
making long-term commitment to single
vendors.
2. Government cuts corporate tax to spur
investments and jobs.
3. High fuel costs, forex rate variation led to
Rs. 4685 cr. loss to aviation industry.
 NEWS
1. India & Iran had a signed a bilateral
agreement to settle oil trade in Indian
currency through public sector bank.
2. Pharma exports to US register second
highest growth in last year.
3. India’s per capita steel production touches
new peak.
 NEWS
1. Oriental Bank of commerce & United
Bank of India consolidate with PNB.
2. Stringent RERA norms to be applied from
now on.
3. HCL Tech to acquire select IBM software
products for Rs 12700 Cr.
 NEWS
1. Income tax increased.
2. News Equity inflows into MFs rise despite
volatile market.
3. IT spending in India to grow to USD 94 bn
in 2020.
 NEWS
1. Oil prices touch 73/litre in Delhi.
2. Government allows SAIL to sell 25% iron
ore output in open market.
3. NBFCs look to retail investors as banks
tighten purse strings.
 NEWS
1. Pharma firms expected to record a better
show in Q1FY20.
2. Airtel rejects JIO’s contention on IUC.
3. Improvement in logistics, infra to boost
exports to $1 Trillion in next 3 years.
 NEWS
1. Stalled residential projects worth $66
billion face bankruptcy proceedings.
2. India plans to build 100% airports in five
years, impacting employment, cement
industry etc.
3. Levy of additional tax on diesel cars.
 NEWS
1. Government injected money also brought
in amendment in income tax act to lower
corporate tax rates.
2. Moody’s Cuts India outlook to negative
from stable.
3. Telecos owe Rs1.47 lakh Cr in license fee.
 NEWS
1. RBI deadline on financial data Stage near,
US IT firms, protests to Donald Trump.
2. Oriental Bank of commerce & United
Bank of India consolidate with PNB.
3. Changes in exchange rates.
 NEWS
1. ADB India Sign $300m loan to support
IIFL.
2. Petrol prices to be increased from 75 to 79.
3. Government plan to make manufacturers
pay for entire batch if single drug found
sub standardized.
 NEWS
1. Agriculture sees the biggest boost in
allocation in Union Budget 2019.
2. IBM Jumps 3.5% after Q1 earnings
despite brokerage Cutting.
3. 1.74 Lakh homes stalled across major
cities.
 NEWS
1. Coal India merges with US Company helps
them bring technology.
2. announcement of new military venture by
country.
3. ONGC seeks buyers for KG Basin gas.
 NEWS
1. JSW merger with US company helps them
bring better technology.
2. Government Introduces 25k Cr AIF for
Real Estate with SBI & LIC.
3. Karnataka government to revise state
telecom infrastructure policies.
 NEWS
1. Interested to buy stakes in indigo: says
Qatar Airways CEO.
2. RBI increased repo rate by 25 bps to
5.15%.
3. Tatas to buy Jet Airways and invest Rs.
450Crores.
 NEWS
1. IIFL buys consulting stake in Kadaieshwar
Housing Finance for 100cr.
2. Chhattisgarh extends NMDC’s 4 mining
leases.
3. India seeks "clear roadmap" from China
to ramp up report of pharma product.
 NEWS
1. India’s first REIT are here.
2. Wipro signs pact with Finland’s University
for 5g-6g technology.
3. IT companies shed 30-40,000 mid level
staff.
 NEWS
1. SEBI directs MFs to shift all investments
to listed securities.
2. Healthcare ecosystem in India is
transforming with digital disruption.
3. Government approves strategic
disinvestment of BPCL.
 NEWS
1. NBFC continue to hold major share in
retail loans in FY19.
2. Government plans to introduce EV
vehicles.
3. Cabinet gives nod for two years repayment
period for telecos.
 NEWS
1. Domestic air passenger traffic grows by
3.98 percent in October rising costs are
indicators of growth.
2. India’s fuel demands fall amidst
slowdown.
3. govt is planning to inject money to boost
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