Thursday, 3 March 2016

Economic Times



Business Standard

Ø  IMF projects 7.3% GDP growth rate for India

Ø  '50-bps+ rate cut possible if inflation is under control'

Ø  Ajay Piramal in race to buy Lafarge’s $2 bn India biz

Ø  Govt mulls asset sale or disinvestment for 80 PSUs

Ø  Britain will be weaker outside EU: UK government

Ø  PSU banks rally on RBI move; shares surge by up to 12.5%

Ø  India plans to bring Iran back into banking clearing union

Ø  Govt to get Rs 40,000 cr by 2018 from coal cess: Piyush Goyal



Ø  PSU banks' extra capital need may drop 15%

Ø  RIL, Tata Steel, Adani to gain from investment allowance rejig

Ø  Govt expects Real estate Bill to be a reality soon: Naidu

Ø  NPAs of PSBs at Rs 3 lakh crore: CBI chief Anil Sinha

Ø  Putin says Russian oil producers agreed to freeze output in 2016

Ø  Sebi's 1st big action in castor seeds futures scam

Ø  Hinduja group formally acquires London's iconic Old War Office building

Business Line

Ø  World Bank announces second auction for emission reductions 

Ø  Surge in billionaire count in India jumps 333% 

Ø  Relaxation of offshore fund norms is not enough, feel experts

Ø  Tax on dividends beyond Rs. 10 l:  Ministry rules out review of proposal 

Ø  BEML bags Rs. 900 cr order from Kolkata Metro Rail

Ø  Plastic waste recycling start-up Banyan Nation raises $800,000

Mint

Ø  Global financial market volatility could be disruptive for India: IMF

Ø  China rating outlook cut as Moody’s warns of debt, reform risks

Ø  RIL to double market cap to $100 bn in 3-4 years: M Stanley

Ø  Dabur, Marico and P&G drop prices of flagship products in January

Ø  Vodacom, Neotel transaction lapses due to regulatory complexities

Financial Express                

Ø  Sensex closes 463 points up led by gains in banking stocks; Nifty settles above 7,350; SBI surges over 12%

Ø  CBI blasts lenders for KFA fraud, not filing complaint

Ø  Jindal Steel share price surge 7% on power assets sale buzz

Ø  Gold prices extends losses on robust US data, higher stocks

Ø  Bullion traders slam duty move, gold markets shut for 3 days



Financial Chronicle

Ø  Gold refiners face risk of UN sanction for conflict gold import

Ø  Infra bonds not to be tax-free in FY17

Ø  NTPC may get more time to meet emission norms

Ø  Rupee hits 7-week high of 67.54 vs $, up 31 paise

Ø  Coal duty leaves steel sector in cold

Ø  Govt move to hit green power tariff

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