Sunday, 31 January 2016

{LONGTERMINVESTORS} News Briefing

 

Economic Times

Ø  Corporates, agriculture must be equally strong: FM Arun Jaitley
Ø  China urges US not to undermine mutual trust, peace
Ø  'Over $150 bn investments required for smart cities'
Ø  RBI's policy to set the tone for equity markets
Ø  India needs $1 tn for new roads, airports: Gadkari
Ø  Mauritius to begin automatic tax information exchange from Sept 2018

Business Standard

Ø  Unsponsored ADRs, GDRs likely to get tax relief
Ø  World optimistic about India but expects speedy reforms: Hal S Scott
Ø  GAIL seeks ethane import from US for $5-bn petrochem plant
Ø  Bank of Baroda scam: RBI tells banks to conduct internal audit
Ø  PM wants 50% farmers to join Crop Insurance Scheme in 2 years
Ø  61% Indians aged 45-plus want to retire in next 5 yrs: Survey

Business Line

Ø  India trims US govt securities holding to $115 bn in Nov
Ø  Fuel prices: Govt to request airlines to transfer benefit to passengers
Ø  Sahara using cash from small savers to keep hill resort afloat 
Ø  Mutual fund houses roll out Aadhaar facility for investors
Ø  Grasim to spend over Rs. 4,000 cr on capacity expansion in 2016-17 fiscal

Mint

Ø  Govt reviews over 50-year-old Specific Relief Act
Ø  UP govt takes over Rs39,900 crore power utility debt
Ø  Marico Q3 profit up 23.71% at Rs197.8 crore
Ø  Excise duty hiked on petrol by Re1 per litre, on diesel by Rs1.5
Ø  Infosys, Wipro join Barack Obama's $4 billion 'Computer Science for All' education plan

Financial Express

Ø  M-capitalisation of top 10 companies jumps by over Rs 1 lk cr
Ø  RBI monetary policy may keep interest rate unchanged on Tuesday
Ø  Godfrey Phillips India posts Q3 net at 14 crore
Ø  Labour Ministry to trim companies EPFO coverage threshold to 10 workers
Ø  Insurance industry seeks hike in tax exemption limit

Financial Chronicle

Ø  FPI outflow hits 5-month high of Rs 11,000 cr in Jan
Ø  India faces challenges in sticking to fiscal roadmap: S&P
Ø  Govt sets Feb 15 deadline for stuck road projects
Ø  Over 11 lakh file tax returns under special drive by Income Tax Dept
Ø  Haryana govt eases norms to attract investments 

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