Friday, 18 March 2016

Economic Times



Business Standard

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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