Here is a glimpse of the important Market News from today morning across several business newspapers: –
Economic Times – Business Standard
- India may be third biggest economy by 2030: Report
- Foreign bank alerts Sebi on HNI kickbacks
- ‘Libor-like rate to help fasten policy transmission’
- 280 mn people don’t have power connection: Piyush Goyal
- Sebi moves to US court over Sahara jet sale
- Inflation data; TCS, RIL earnings key for stock markets
- Sesa Sterlite’s iron ore, oil output dips in FY 2014-15
- Govt gets Rs 32,300 cr upfront from spectrum sale
- Seller reaps $1.5 bn gain from ONGC’s stake buy in Mozambique
- Mospi to issue GDP back-series data by year-end
- DoP to seek Cabinet nod for 240 cr to set up Post Bank
- LIC ups holding in NMDC to 10%, stake valued at Rs 5,440 cr
- SpiceJet expands fleet, inducts 3 wet-leased Boeing 737s
Business Line – Mint
- ‘Commodity trade needs strong regulator ’
- Minimum investment for CPSE ETF to be cut
- Wockhardt Hospitals wins Golden Globe Tiger HR awards
- Saudi’s oil output projected at 9.8 mbpd this year
- Saudi Arabia dismisses Iran calls for Yemen ceasefire
- Knitwear exports from Tirupur cross Rs. 20,000 cr
- PC shipments decline in Q1; mobile PCs, hybrids pick up
- Govt to make skill certification mandatory for public sector jobs
- HDFC cuts retail prime lending rate by 20 basis points
- RBI takes the CSO’s new growth estimates with a spadeful of salt
- Marriott International to open 52 hotels in India in 5 years
Financial Express – Financial Chronicle
- India’s exports may fall short by $30-32 bn in 2014-15
- 2 Financial Institutions release 13.5 cr pledged shares of GMR Infra
- MF mark FY15 with Rs 40K cr equity inflow; first in 6 yrs
- PM Narendra Modi meets top German business leaders
- Foreign fund inflows cross Rs 81k cr mark in 2015
- BSE hopes to operationalise IFSC exchange in 12-18 months
- SBI cuts home loan interest rate by up to 0.25%
- Zuari group firming up plans to consolidate MCFL stake
- When Rajan and Subramanian got flak at IMF for a leaked paper!
- Delhi HC asks steel company to pay Coal India 3 months’ holding cost for coal stock