{LONGTERMINVESTORS} News Briefings..

 

Economic Times

Ø  Budget to boost demand, supply of affordable homes | Highlights
Ø  Budget 2016: FM leaves room for RBI to cut rates
Ø  Budget 2016: 'A positive for both equity and bond markets'
Ø  'Vodafone, Cairn can pay tax arrears to settle disputes'
Ø  Plans to boost investment in gas blocks seen falling
Ø  Axis Bank buys 4.99% stake in Max Life Insurance
Ø  Service tax to be levied on transfer of spectrum: FM
Ø  MCX  nod for appointment of Mrugank Paranj as MD & CEO

Business Standard

Ø  Tax on pension corpus: Jaitley just shrank your retirement kitty
Ø  Employer's contribution to provident fund beyond Rs 1.5 lakh to be taxed
Ø  Indian Oil Corp buys Russian Urals crude in rare tender : Sources
Ø  Petrol price cut by Rs 3.02, diesel increased by Rs 1.47 per litre
Ø  Donald Trump, Hillary Clinton emerge dominant ahead of 'Super Tuesday': Poll
Ø  Maruti Suzuki hits 14-month low; exit Rs 1 lakh crore market-cap club
Ø  Budget proposes options and index futures in commodities

Business Line

Ø  HC upholds TRAI order to compensate consumers for call drops
Ø  Indirect taxes saves the day for govt, transforms fiscal landscape 
Ø  Jaitley plans to amend SEBI Act to increase benches in SAT
Ø  Govt plans to relax FDI policy in insurance, food processing
Ø  Rs 25,000 cr for recapitalisation of banks not enough

Mint

Ø  IndiGo to take delivery of 24 Airbus A320neo aircraft by March 2017
Ø  Sumitomo Mitsui Banking Corp to sell stake in Kotak Mahindra Bank
Ø  Rupee closes stronger at 68.42 per dollar as Jaitley sticks to fiscal deficit target
Ø  Indiabulls Real Estate Fund invests Rs125 cr in Mumbai project
Ø  Govt ready to bring IDBI Bank stake to under 50%: Arun Jaitley

Financial Express                

Ø  Investors give thumbs down to Union Budget 2016, Sensex ends 152 points down
Ø  Global growth prospects clouded, need coherent response: OECD
Ø  Budget 2016: Income tax slabs remain unchanged
Ø  Two downgrades a day put India Inc in trouble

Financial Chronicle

Ø  Budget is pro-village, pro-poor, pro-farmers: Modi
Ø  Budget aims at increasing rural income, infra: Jaitley
Ø  Likely to increase global confidence in our economy
Ø  Infrastructure to get Rs 2,21,246 cr investment boost
Ø  Rural sector will drive the automobile industry

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