BUSINESS & ECONOMY NEWS FOR OCTOBER 10, 2013

 RIL may retain $10-bn oil fields; Ministry to seek nod

 Govt rejects IMF projections on economic growth

 Rs2,060cr set as spectrum fee for cancelled licences

 President Obama has power to avoid default

 HDFC MF emerges as most profitable fund house

 RBI explores SMS-based mobile banking on all types of

handsets

 Tata Steel may sell assets worth $1.2 bn

 Priority for NBFCs in bank licences: Chakrabarty

 Sebi allows SME listing without IPO

 Credit card loans are fine if done transparently: RBI

 Investors cheer Sept trade data, Sensex regains 20k

 Tourism industry welcomes easing of visa norms

 Yellen set to become US Fed chairman, markets relieved

 Bengal Govt opens IOC’s bid for Haldia Petro

 Cabinet to consider additional penalty on Reliance Ind

 Mutual funds’ exposure to bank stocks hits 4-year low of Rs

22,744 cr

 Stockists’ buying, festival demand heat up edible oils

 Govt mulls customs duty hike on broadband equipment

 LPG price may go up by Rs 3.50 a cylinder

 Mauritius may tighten rules for firms seeking India tax treaty

benefits

 SBI cuts lending rate on car loans to 10.55%

 FDA plans surprise inspections at Indian drug units

 No plan to relax 30% local sourcing norm for retailers: DIPP

 Commodity prices wrong as often as 27% of time for traders

 Jet-Etihad deal: Supreme Court admits PIL, issues notices

 Bharti Walmart retail JV in India terminated

 Trade deficit in India falls to 30-month low

 Discoms get cold feet over tariff hike proposal for Mundra

UMPP

 Exports rise 11.15% in September

 India, emerging economies may not return to 8% growth: IMF

 Indian IT outsourcers want a bigger byte out of Europe

 Yet to hear from govt on HZL, Balco stake sale: Vedanta

 US shutdown not to hit India's exports: Rao

Categories: Business News, Economy News, Markets today