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Newsletter | 30 September 2016

India crosses LoC, Rubicon with surgical strikes The Indian army action comes against the backdrop of rising tensions between India and Pakistan over cross-border terrorism across the de facto LoC border in Indian Kashmir in the past few weeks

Largest spectrum auction to kick off on 1 October amid telecom battle Reliance Jio, Reliance Communication, Aircel are in one corner, Airtel, Idea and Vodafone in the other, even as debate on reserve prices for spectrum auction continues Did the stock market grab the surgical strikes as an excuse to sell off? Several analysts said the Indian equity market was ripe for a correction, given the stretched valuations in spite of little change in earnings growth Large appliances the next growth driver for online retail sales Large appliances account for less than 10% of e-commerce, and online retailers hope to cash in on this category during the festive season

OPINION A new greenprint on climate change India may be moving to ratify the Paris Agreement, but it still has cause to be wary

Integrating with the global economy Despite various constraints, India has done well in this respect so far. But if it wants to achieve truly rapid growth, greater integration is needed Peak finance looks like it's over Finance may have outgrown the sustainable limits of its role, and might now have to endure a long and painful era of retrenchment Moving towards Swachh Bharat Behavioural science needs to be applied to successfully change public behaviour

More on Livemint Narendra Modi regains his stride in style Surgical strikes on terrorist camps in Pakistan occupied Kashmir will reinforce Narendra Modi's stature, boost his already impressive approval ratings and hush detractors New RBI governor Urjit Patel facing old interest rate cut battles Ahead of the 4 October monetary policy review, talks about a rate cut is gaining ground in ministry circles Religare Finvest plans to raise Rs650 crore through rights issue Religare Finvest's stock sale is a measure to boost capital adequacy ratio following write-off of its estimated Rs180-crore exposure to ABG Shipyard ICICI Prudential Life shares tumble 11% on market debut IAnalysts, while recommending investors to subscribe to the ICICI Prudential Life issue, had also flagged concerns over expensive valuations

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