Key Policy Highlights

• Exchange rate Notification No.03/2021-Cus (NT) dated 07.01.2021-reg
• List of demands for Grants for Budget 2021 -22
• Anti-Dumping investigation concerning imports of “Newsprint in rolls or sheets, excluding glazed newsprint” originating in or exported from Canada, Australia, European Union, Hong Kong, Russia, Singapore and United Arab Emirates

News of the week

• Ceat rallies 10% in 2 days, hits fresh 52-week high on strong Q3 results
• Hero Motors acquires strategic stake in Hewland Engineering for undisclosed amount
• Bridgestone India launches new tyre for commercial vehicle segment
• CEAT Tyres partners with Royal Enfield for Interceptor 650
• Apollo opens tyre service centre in Gurugram, more underway
• Tata Motors jumps 51% so far in Jan on Tesla tie-up buzz; firm denies rumor
• Tyre stocks in demand; JK Tyre rallies 15%, MRF scales fresh high