* BANKING: Gross bank credit grew by 14.2% in November against a growth of 18% year ago. In line with the new code, banks will banks will have to compensate customers for electronic frauds.
* ECONOMY: India Sep-end external debt at $400.3 bln, down $371 mln on qtr. India Apr-Nov tax mop-up 5.970 trln rupee, up 9.7% on yr.
* ENERGY: Government has officially dumped the existing oil and gas exploration regime and plans a new model with extended holidays, longer contract tenures, and zero royalty payments.
* EXCHANGES: SEBI has approved the appointment of United Stock Exchange head Saurabh Sarkar as managing director and chief executive officer of MCX Stock Exchange.
* GOVERNMENT: Information and Broadcasting Minister Manish Tewari said reports of Prime Minister Manmohan Singh resigning before elections are "baseless and mindless".
* INFRASTRUCTURE: Japanese government has agreed to liberalise terms of economic partnership loans for various projects in India .
* INVESTMENT: The Foreign Investment Promotion Board cleared four proposals worth 5.02 bln rupees on Dec 9.
* POWER: Comptroller and Auditor General of India will audit accounts of three power companies distributing electricity in the capital from Jan 1. These include arms of TATA POWER and RELIANCE POWER. Delhi Chief Minister Arvind Kejriwal announced a 50% cut in electricity tariff for power consumed up to 400 units a month effective from Wednesday till March 31.
- Environment ministry will not consider clearance for ultra mega power projects' captive coal blocks located in areas demarcated as "inviolate".
* REGULATORY: RBI has deferred implementation of credit valuation adjustment risk capital charge on over-the-counter derivatives to Apr 1 from Jan 1.
* TELECOM: Non-executive chairman of Vodafone India Analjit Singh said he holds indirect equity stake in the telecom company through various holding companies.
* ECONOMY: India Sep-end external debt at $400.3 bln, down $371 mln on qtr. India Apr-Nov tax mop-up 5.970 trln rupee, up 9.7% on yr.
* ENERGY: Government has officially dumped the existing oil and gas exploration regime and plans a new model with extended holidays, longer contract tenures, and zero royalty payments.
* EXCHANGES: SEBI has approved the appointment of United Stock Exchange head Saurabh Sarkar as managing director and chief executive officer of MCX Stock Exchange.
* GOVERNMENT: Information and Broadcasting Minister Manish Tewari said reports of Prime Minister Manmohan Singh resigning before elections are "baseless and mindless".
* INFRASTRUCTURE: Japanese government has agreed to liberalise terms of economic partnership loans for various projects in India .
* INVESTMENT: The Foreign Investment Promotion Board cleared four proposals worth 5.02 bln rupees on Dec 9.
* POWER: Comptroller and Auditor General of India will audit accounts of three power companies distributing electricity in the capital from Jan 1. These include arms of TATA POWER and RELIANCE POWER. Delhi Chief Minister Arvind Kejriwal announced a 50% cut in electricity tariff for power consumed up to 400 units a month effective from Wednesday till March 31.
- Environment ministry will not consider clearance for ultra mega power projects' captive coal blocks located in areas demarcated as "inviolate".
* REGULATORY: RBI has deferred implementation of credit valuation adjustment risk capital charge on over-the-counter derivatives to Apr 1 from Jan 1.
* TELECOM: Non-executive chairman of Vodafone India Analjit Singh said he holds indirect equity stake in the telecom company through various holding companies.
