Morning News Headlines
Economic Times
● IFC invests Rs 290 crore in fund raised by Lighthouse
● Cisco eyes acquisitions for real-time cyber security intelligence data
● IT, electronics industry seek tax rationalisation in budget
● Telecom gear makers bet on India’s leading role in driving 5G technology
● Passenger vehicle sales rise 14.29% in November; car sales up 4.49%
Business Standard
● India's GDP growth seen rising 7.2% in 2018, 7.4% in 2019: UN report
● Direct tax collection target raised by Rs 20,000 cr to Rs 10 lakh cr
● Non-declaration of Bitcoin gains could lead to a minimum of 20% tax
● Ratan Tata, Cyrus Mistry differed over listing of Tata Sons
● Denim industry says 30-40% of operative capacity shut
Mint
● ReNew Power may buy Ostro Energy in Rs10,000 crore deal
● Govt to increase health budget to 2.5% of GDP by 2025: Minister J.P. Nadda
● SC to hear Unitech case against NCLT order for govt takeover today
● UCO Bank, Allahabad Bank sell Jai Balaji loans to Edelweiss ARC
● High-level panel to meet on early rollout of 5G in India
Money Control
● Jet Airways still facing rough weather as fuel prices & operating expenses weigh
● Repeal Bank Nationalisation Act, trim govt ownership to 25% in PSU banks: Ex RBI advisor
● India's fuel demand jumps 6.2% in November as diesel use recovers
● FRDI Bill: Govt will fully protect public deposits, says FM Jaitley
● Gold ETFs register Rs 500 cr outflow in April-November FY18
Sources : Economic Times, Business Standard, Mint & Money Control.
