News Headlines from Business News Agencies:

செப்டம்பர் 29, 2022 Raj Kumar G

• Cabinet approves extension of free ration scheme by three months

• Cabinet approves 4% DA hike for central govt employees, pensioners

• Cabinet nod to re-development of 3 railway stations at a cost of Rs 10k cr

• Small savings rate may remain unchanged for Oct-Dec qtr despite RBI moves

• Tata Motors lines up electric models; drives in Tiago EV at Rs 8.49 lakh

• 5G-adoption readiness in India twice that of the UK and the US: Report

• World's biggest AC maker Daikin doubles down on India

• Expensive deal valuations to hit Torrent Pharma's near-term earnings

• India doesn't need so many public sector banks, says former SBI chief

• Pound whipsaws after Bank of England steps in to prop up gilts

• India needs to invest USD 10 bn for EV Li-ion batteries by 2030: Report

• iPhone production cut amid dwindling demand

• India has large reserves to tide over currency turmoil, assures govt

• Users willing to shell out up to 45 pc premium for 5G plans: Ericsson's study

• IMF slams UK government tax plans, warns cost-of-living crisis may worsen

• Mastek hasn’t felt any negative impact of slowdown in Europe & UK so far: MD

• TVS Motor likely to retain premium valuation amid improving EV market share

• India forex reserves set to shrink further, stir memories of 2008 crisis - Reuters Poll

• Renewable energy, demand for minerals and law of unintended consequences

• Former Cisco India president Sameer Garde to take over as CEO of Capillary Technologies

• India Appoints New Defense Chief in Push to Modernize Military

• India Extends Free Food Plan for 3 Months, to Spend $5.5 Billion

• India August Steel Consumption Rose 13% on Year to 9.3M Tons

• India Needs to Invest $10 Billion in Battery Cells for EV Demand

• Indian Regulator Tightens Credit Enhancement Rating Norms

• Ontario Teachers’ Fund to Explore India Energy Storage Venture

• India to Allow 17,000 Tons/Yr of Areca Nut Import from Bhutan

• Global Funds Sell Net INR27.7B of India Stocks on Wednesday: NSE

• Domestic funds buy net 25.4b rupees of stocks