Financial News 5th April 2016

Financial News

Economic Times

Business Standard

Ø  Widespread expectation of RBI rate cut on Tuesday

Ø  Panama: Govt sets up multi-agency probe team 

Ø  Climate change puts trillions of dollars at risk

Ø  'Renewables use could save $750 bn in Mideast, Africa'

Ø  Traders demand revisit of e-commerce FDI policy

Ø  India's February gold imports drop 34%: Report

Ø  Sell Asian currencies before it’s late: Goldman Sachs

Ø  Environmental concerns push demand for electric vehicles

Ø  Pharma market to lose Rs 647 cr from drug price ceiling

Ø  Blackstone to acquire Mphasis; deal size up to $1.1bn

Ø  Tata Steel reviews European operations for buyer of its UK facilities

Ø  Sebi likely to allow trading in weather derivatives

Ø  ArcelorMittal USA to secure up to $1 bn loan facility

Business Line

Ø  Crisil downgrades debt worth Rs. 3.8 lakh crore for FY'16

Ø  Modi asks Saudis to invest in power, defence; says GST about to happen

Ø  Fitch downgrades JSW Steel with negative outlook

Ø  HUL completes sale of its ‘Modern Bakery’ brand

Ø  Manufacturing growth hits 8-month high in March: PMI

Ø  Equitas Holdings mops up Rs. 652 cr from anchor investors

Mint

Ø  Adani considering to buy local SunEdison assets: report

Ø  Japan’s NTT Data buys Dell unit for $3.06 billion

Ø  Micro, small and medium industries worst hit in credit slowdown

Ø  Bankers to reject Vijay Mallya’s settlement offer

Ø  Govt calls for bids to review relevance of trade regulator DGFT

Ø  NTPC promises to meet West Bengal power demand

Financial Express                

Ø  Petrol price hiked by Rs 2.19 a litre, diesel by 98 paise per litre

Ø  Sensex rallies 130 points ahead of RBI monetary policy

Ø  Private sector investment to show improvement: FM Arun Jaitley

Ø  FM wants focus on irrigation projects for immediate results

Ø  Coal scam: Rungtas get 4 yrs jail, to pay Rs 5 lakh fine each

Financial Chronicle

Ø  Govt sets up multi-agency probe team on money stashed abroad

Ø  FM pitches for interest rate cut ahead of RBI policy

Ø  GDP growth to remain flat at 7.4% in FY17: HSBC

Ø  MF disclosure: investors will get more info

Ø  Finmin lines up 16 PSUs for disinvestments