Monday, 17 April 2017

Business standard


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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