Govt cuts ATF prices by 3.7%, while subsidised LPG rate hiked by Rs 2.07/cylinder and other top economy news of the day

India Infoline News Service | Mumbai | December 02, 2016 08:43 IST

Check out the most important news stories which captured the headlines at the economy level in India and internationally.

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The Nikkei/ Markit Manufacturing Purchase Managers Index fell to 52.3 in November from 54.4 in October. (BL)
 
Aviation turbine fuel (ATF) prices were cut by 3.7%, while subsidised LPG rate was hiked by Rs 2.07/cylinder, the seventh increase in cooking gas price in six months. (BL)
 
India Inc's borrowings from overseas markets fell by 30.3% from a year ago to USD1.47bn in October 2016. (BS)
 
The Reserve Bank of India will cap banks' exposure to a single entity to 20% of a lender's capital base and to 25% limit to a group of connected entities. (BS)

 

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