Top economy news of the day
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Industrial production recovered to a 16-month high of 8.2% in October, mainly on account of a rebound in capital and consumer goods and the statistical impact of a low base. (BL)
The Reserve Bank of India has proposed tighter norms for non- banking financial companies on capital requirements, risk weights, provisioning norms and asset classification. (BS)
An industry body of air cargo companies — including FedEx, Gati and Blue Dart, among others — has alleged that the domestic airline companies have formed a cartel to exploit price under the pretext of fuel surcharge. (ET)
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India Infoline Research Team / 10:30, Jul 13, 2015
Tourism Finance Corp (TFCIL), a niche financier of tourism related projects and activities, has witnessed a sharp moderation in loan growth from 32% in FY12 to just 1% in FY14