EOD update as on 15-09-2019

Anil Ambani-Led Reliance Home Finance Debt Instruments Downgraded By CARE

Reliance Home Finance has been directed by lenders led by the lead bank to keep servicing only the interest obligation across all lenders.

Clear Sign Of Revival In Industrial Production: Nirmala Sitharaman

the Finance Minister said the industrial production growth has clearly improved till the end of July compared to the last quarter of financial year 2018-19.

Finance Minister Nirmala Sitharaman Announces Steps To Promote Exports

The Remission of Duties or Taxes on Export Product scheme will in effect -more than adequately incentivise exporters than the existing schemes put together, the Finance Minister said.

Government To Provide Rs 10,000 Crore To Boost Affordable Housing

Finance Minister Nirmala Sitharaman said the government would also relax external commercial borrowing guidelines for projects in the country’s affordable housing scheme.

Dubai-Like Annual Shopping Fest In 4 Cities From 2020: Finance Minister

The shopping festivals will be in four different themes: Gold and jewellery, handicrafts/yoga/tourism, textiles and leather, an official release said.

Punjab National Bank Merged Entity To Become Operational From April 1

The lenders said that there will no retrenchment of staff in the merged entity.

Stimulus Measures To Push Share Markets Higher, Say Experts

On Saturday, Finance Minister Nirmala Sitharaman announced a fresh set of measures to boost exports and the housing sector.

FPIs turn net buyers, infuse Rs 1,841 cr in September first half

Aadhaar Compulsory For New Dealers From January 2020

The GST Network has also decided to complete online refunding from September 24 from the central GST or the state GST.

Government Steps For Housing, Exports To Support Economy: FICCI

The industry body welcomed the government’s move a day after Finance Minister Nirmala Sitharaman announced steps to help the nearly stalled real estate sector and increase India’s exports.

Vikesh Kumaar Kataria

Experienced Founder of Brokers Bazaar with a demonstrated history of working in Skilled in RMS from various big corporate giants, Analytical Skills, Banking, Entrepreneurship, Digitalisation and Equities with Strong entrepreneurship professionalism. Experienced Co-Founder with a demonstrated history of working in the logistics and supply chain industry.

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