Ø Fed holds rates steady | Full text of Fed statement
Ø Sector funds beat diversified peers in 10-year SIP returns
Ø Blackstone leads the race to acquire Mphasis
Ø Emerging debt swelled $1.6 tn in 2015, poses risks
Ø Offshore funds can take advance ruling from CBDT
Ø Russia's Rosneft to buy 49% stake in Essar Oil
Ø Natural rubber imports drop 11.7% y/y in February: Board
Ø Trade body cuts cotton output estimate to 34.5 mn bales
Ø LSE and Deutsche Börse seal $30-bn trading tie-up
Ø Tata Group defence business expected to have 7.5% growth
Ø Gas-based power plants forego subsidy in reverse auction
Ø Safeguard duty on hot-rolled steel imports extended until March 2018
Ø Ruia-owned Essar Steel to double EBITDA in FY17
Ø US inflation pushing higher; housing market firming
Ø Finance ministry body recommends steel import duties
Business Line
Ø ‘India has to open up economy, free currency’
Ø SEBI asks MFs to consolidate similar schemes for ease of investors
Ø SAARC Business Travelers’ Card expected by May
Ø Tata Motors bags hybrid buses order from MMRDA
Ø Auto loan delinquency rate to improve in 2016, says Moody’s
Ø Move for regulatory body to oversee export standards
Mint
Ø Rosneft sells stakes in two Siberian oil fields to Indian firms
Ø Lok Sabha passes Aadhar Bill rejecting Rajya Sabha recommendations
Ø Vijay Mallya’s overseas assets come under ED, CBI scanner
Ø BofA sees Raghuram Rajan pouring in funds as India’s cash crunch worsens
Ø Reliance Infra-backed discoms say under ‘huge financial stress’
Ø Banks see a plunge in advance tax payments as NPAs bite
Financial Express
Ø Sensex ends 131 points up in last hour rally, Nifty at 7,499
Ø Petrol turns dearer by Rs 3.07 a litre, diesel up Rs 1.90
Ø Mini Cooper Convertible priced at Rs 34.9 lakh in India - Launched
Ø Investments via P-Notes declined in last decade
Ø Visa Steel to turn NPA in banks' books
Financial Chronicle
Ø CAD may narrow to 0.7% of GDP in FY16: Nomura
Ø Gamesa bags 20-mw solar power order in Sri Lanka
Ø PSUs to get 16 coal mines for commercial mining
Ø Nepal, China to sign trade treaty, fuel agreement
Ø Real estate bill to safeguard rights of home buyers: CII
Ø New CBDT rules to boost fund mgmt sector in India
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