Thursday, 31 March 2016

{LONGTERMINVESTORS} News Briefing

 

Economic Times

Ø  'Foreign banks fare better in customer satisfaction'
Ø  RBI's new formula brings lower lending rates
Ø  RBI notifies 49% FDI for insurance on auto route
Ø  FPIs take out Rs 18k cr from Indian mkt in FY16
Ø  85% pictorial warning on tobacco in force from Apr 1
Ø  UK doing everything to help steel industry: Cameron 
Ø  Jaypee Group sells cement plants to Ultratech for Rs 15,900 cr 
Ø  Above normal temperature this summer: IMD

Business Standard

Ø  February core sector growth hits 13-month high of 5.7%
Ø  India's April-Feb fiscal deficit at $86.5 billion: Govt
Ø  India's external debt $480 bn at Dec-end, up 4.7% y-o-y
Ø  Mah govt increases ready recknor rates by 7% from April 1
Ø  L&T Construction wins contracts worth Rs 2,271 crore
Ø  Suzlon Gr bags order to develop 197.40 MW wind power proj
Ø  Japan extends Rs 14,251 cr loan for key infra projects

Business Line

Ø  Inflation hits poor the most, RBI must listen to them: Subbarao
Ø  Dr Reddy's, Japan's Eisai in licensing pact for anti-cancer agent
Ø  Coal case: Court to pronounce jail term of Rungtas on April 4
Ø  SBI pegs MCLR for one year at 9.2%
Ø  IT cos may seek higher life cover for overseas staff

Mint

Ø  Buying by domestic investors at record high in fiscal 2016
Ø  SC extends ban on sale of large diesel cars in New Delhi
Ø  SBI announces new lending rate structure
Ø  Burned by Corus, Tata Steel seeks solace in prospects back home
Ø  The $2.6 billion buying binge that felled SunEdison

Financial Express                

Ø  Sensex ends flat in choppy trade on March F&O expiry, Nifty settles at 7,738
Ø  Natural gas prices cut by 20%; CNG, cooking gas to cost less
Ø  RBI to cut repo rate by 25 bps on April 5: Morgan Stanley
Ø  Reliance Defence, Ukraine's Antonov plan JV for aircraft

Financial Chronicle

Ø  Interest rates on PPF, other savings to be lower from today
Ø  China-led AIIB eyes first loans to India
Ø  Aurobindo gets final USFDA nod for gastro reflux drug
Ø  Indian Bank raises Rs 500 cr via tier-I bonds
Ø  India, EU fail to make headway on FTA talks 

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