Thursday, January 2, 2020

Today's Sector News - 03.01.2020: 09.00 Am

Today's Sector News - 03.01.2020: 09.00 Am
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* ECONOMY: Indian companies raised $2.12 bln through external commercial borrowings in November as against $3.41 bln in October.

* OIL AND GAS: India is likely to have another round of auction of new oil and gas blocks before the end of the current financial year, Petroleum Minister Dharmendra Pradhan said.

* PHARMACEUTICALS: Vaccine manufacturer Bharat Biotech International has proposed to partner the government to revive the country's largest integrated vaccine complex in Tamil Nadu, which is struggling to start operations due to a cash crunch.

* TAXATION: The finance ministry will hold a meeting with tax commissioners of the central and state governments on Tuesday to discuss ways to improve compliance and discourage evasions under the goods and services tax.

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