Morning News Headlines
Economic Times
● Railmin to scrap bids for 9500 wagons, water plants
● RBI imposes restrictions on corporation Bank
● MF industry AUM stands at Rs 22.79 ten in Nov: ICRA
● DTH arm stake sale to help Bharti flight Reliance Jio
● Netflix eyes tie-ups with cable TV operators to expand reach
Business Standard
● Deadline for quoting Aadhaar Pan in financial dealings extended to March 31
● Flipkart completes buyback of ESOPs worth $100 mn
● 40% of all loans will be digital in 2yrs: B Madhivanan
● Unitech shares crash after SC stay order on govt takeover of realty major
● ADB lowers India's GDP forecast for FY18 to 6.7 percent
Mint
● US Fed goes for 25 bps rate hike in Janet Yellen's last policy meeting
● India's current account deficit widens to 1.2% of GDP in July-September
● RBI imposes Rs 3 Crore penalty on Induslnd Bank
● MDR rates revised to cut losses of acquirer banks, says RBI deputy governor B.P. Kanugo
● Indian inflation spike hits bonds, spurs rate policy and fiscal worries
Money Control
● India to get $250 mn loan from world Bank for skilling palns
● Banks yet to pay CITs Rs 25 Crore for note ban period, says Cash Logistics Association
● Retailers say higher MDR nearly doubles merchants' costs
● GST led to 12% rise in cost of solar projects, says AISIA
● MP approves Rs 7,546 Crore Narmada, Partvati linking project
Sources : Economic Times, Business Standard, Mint & Money Control.
