Ø SEBI set to block P-note route for NRIs
Ø One group, one tax likely in GST to avoid complexity
Ø 'Merge govt, central bank budgets for better fiscal outcomes'
Ø MoU signed for Assam's Numaligarh Refinery expansion
Ø Merger with BSNL desirable for strong pan-India play: MTNL CMD
Ø 'Saudi to shelve billions of dollars of unfinished projects'
Ø Iran opens South Pars gas field phases worth $20 bn
Ø 85% Indian firms optimistic on economic recovery, says survey
Ø Finance Ministry okays 8.65% interest on EPF for 2016-17
Ø Foreign Portfolio Investors' net inflow at Rs 16,500 crore in April
Ø Email id for black money information receives over 38,000 mails
Ø UP's sugar mills to participate in raw sugar import programme
Ø Barclay brothers bid for Grosvenor House hotel
Mint
Ø Fast-track divestment: SUUTI stake-sale among top options
Ø Finance Ministry approves 8.65% interest rate on EPF
Ø Cairn India, partners to invest Rs. 3,240 in Ravva fields
Ø Trading in corporate debt securities hits record 14.7 lakh cr in 2016-17
Ø M-cap of top 6 cos falls by Rs.47,463 cr; TCS, RIL badly hit
Ø Infosys to ramp up local hiring in US amid H-1B visa concerns
Ø Finance ministry expects 6 banks to raise funds via FPO
Ø Govt may soon allow 100% FDI in cash, ATM management companies
Ø Petrol price hiked by Rs1.39 per litre, diesel up by Rs1.04
Ø Opec warns of a world that still has far too much oil
Financial Chronicle
Ø Credit growth plunges to over 60 year low at 5% in FY17
Ø PSU insurers gain big from ITC; private players turn ‘responsible’
Ø Withdrawal trend reverses in Jan Dhan accounts; deposits up Rs 1,000 cr
Ø Post demonetisation, 90 per cent Indians book holidays via plastic money
Ø MF assets soar to Rs 17.5L cr in FY17
Ø MP govt, DMRC to ink pact to supply power from Rewa project
Ø Present Indian market valuations seem stretched
Ø CBEC sanctions Rs 1 cr to each zone for GST outreach
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