You are here: Home » Economy & Policy » News
Business Standard

Top headlines: M-cap to GDP ratio, RBI's liquidity infusion, and more

From market-cap to GDP ration touching highest in 12 quarters, to bond the market's positive reaction to RBI's moves, here are the top headlines on Monday

Top 10 biz headlines | top news of the day | Top 10 headlines

BS Web Team  |  New Delhi 


At 88%, India's market cap-to-ratio is now highest in 12 quarters

The Indian equity market continues to scale new highs, moving in tandem with the upswing in global markets after the election victory of Joe Biden in the US Presidential elections. On Saturday, the combined market capitalisation (m-cap) of all listed and traded companies on the BSE reached a fresh all-time high of Rs 169.3 trillion — nearly Rs 6 trillion higher than the pre-Covid high of Rs 163 trillion. Read More.

Govt plans separate electricity distribution channel for industries

The ministry of power is looking at creating a separate electricity distribution channel for industries, as part of the Centre’s ‘Make In India’ push and bid to provide incentives to companies. Read More.

Forget economy, bond market is happy with liquidity infusion by RBI

The bond market seems to be no longer taking cues from the economy but is happy with the daily dose of liquidity infusion by the Reserve Bank of India (RBI). Read More.

After commercial auction success, govt plans further mining reforms

After running commercial coal mining auctions, the Union government is now going to come up with a comprehensive package of reforms in the non-coal mining sector. Read More.

Govt to decriminalise provisions of in upcoming Winter Session

After amending the Companies Act, the Ministry of Corporate Affairs is now looking to decriminalise provisions of the Limited Liability Partnership (LLP) Act in the upcoming Winter Session of Parliament. One of the changes being proposed is allowing LLPs to issue non-convertible debentures (NCDs). Read More.

Hit by Covid slump, Mumbai airport seeks moratorium till March 2022

Mumbai International Airport (MIAL), which has been hit by a slump owing to the pandemic, has sought extension in the payment holiday on loans till the end of March 2022, as part of the debt restructuring package. Read More.

buys 96% stake in for over Rs 182 crore

Reliance Industries’ (RIL’s) retail arm has acquired 96 per cent stake in Bengaluru-based online furniture retailer for over Rs 182 crore. Read More.

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Mon, November 16 2020. 06:40 IST