{LONGTERMINVESTORS} News Briefing

 

Economic Times

Ø  India still strong; world in low-growth trap: OECD
Ø  Crony capitalists may be behind calls to oust Rajan, hints Pai
Ø  Sensex to scale up to 30K by Mar: Morgan Stanley
Ø  Raghuram Rajan doesn't want extension: Report 
Ø  Sebi, BSE bust fraud through Pak-based entity
Ø  'Regulators ask banks to reveal Panama Papers' links'
Ø  Indian refiners to clear $6.6 bn Iran dues in 3 mths

Business Standard

Ø  India's millennials to be catalyst for consumption
Ø  Car sales growth moderates to 6% in May
Ø  Sebi curtailing redemption norms gets a mixed reaction
Ø  US factory activity expands, construction spending tumbles
Ø  Trai seeks penal powers as telcos fail call drop test
Ø  Sebi bars 76 entities for tax manipulation
Ø  Bitcoin hits 2-year high as yuan worries drive Chinese demand

Business Line

Ø  MF distributors up the ante on disclosure norms
Ø  Transport fuels, non-subsidised LPG cylinder prices hiked
Ø  BSE to allow gold bonds in dmat form on its platform:MD&CEO
Ø  Zee Learn holds Tree House Education amalgamation plan
Ø  Pick-up in private investments vital for 8% growth: experts 
Ø  India Post payments bank gets ₹800-cr stamp of approval

Mint

Ø  Cabinet nod for India Post payments bank
Ø  Govt wants cash-rich CPSEs to buy back shares from market
Ø  Kishore Biyani attempts a Zara with Cover Story
Ø  India's e-commerce start-ups are setting a dangerous precedent
Ø  Vodafone, Cairn Energy have 7 months to accept govt's olive branch in tax disputes
Ø  Xiaomi buys Microsoft patents to spur global forays

Financial Express

Ø  Oil drops in cautious trade ahead of OPEC
Ø  Ford recalling 1.9 million vehicles to replace air bags
Ø  Average tariff hike of 5% by SERCs for FY'17 so far: ICRA
Ø  IT dept made info exchange requests to many countries
Ø  Sebi bars two firms; slaps fine on one for SCORES violation
Ø  India must steer clear of the Iran-Saudi Arabia showdown
 

Financial Chronicle

Ø  Economy on 'upward curve', says Jaitley
Ø  Mahindra sales soar 11% to 40,656 units in May
Ø  Tata Steel completes sale of UK biz to Greybull
Ø  SoftBank to sell part of stake in Alibaba for $7.9b
Ø  Manufacturing growth in May slowest: PMI
Ø  60% of Axis Bank new credit cards sold in non-metros 

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