Morning Business News Round Up_Apr 17,2017

Morning Business News :

  • SEBI set to block P-note route for NRIs
  • One group, one tax likely in GST to avoid complexity
  • Merge govt, central bank budgets for better fiscal outcomes
  • MoU signed for Assam’s Numaligarh Refinery expansion
  • Merger with BSNL desirable for strong pan-India play: MTNL CMD
  • ‘Saudi to shelve billions of dollars of unfinished projects’
  • Iran opens South Pars gas field phases worth $20 bn
  • 85% Indian firms optimistic on economic recovery, says survey
  • Finance Ministry okays 8.65% interest on EPF for 2016-17
  • Foreign Portfolio Investors’ net inflow at Rs 16,500 crore in April
  • Email id for black money information receives over 38,000 mails
  • UP’s sugar mills to participate in raw sugar import programme
  • Barclay brothers bid for Grosvenor House hotel
  • Fast-track divestment: SUUTI stake-sale among top options
  • Finance Ministry approves 8.65% interest rate on EPF
  • Cairn India, partners to invest Rs. 3,240 in Ravva fields
  • Trading in corporate debt securities hits record 14.7 lakh cr in 2016-17
  • M-cap of top 6 cos falls by Rs.47,463 cr; TCS, RIL badly hit
  • Infosys to ramp up local hiring in US amid H-1B visa concerns

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  • Finance ministry expects 6 banks to raise funds via FPO
  • Govt may soon allow 100% FDI in cash, ATM management companies
  • Petrol price hiked by Rs1.39 per litre, diesel up by Rs1.04
  • Opec warns of a world that still has far too much oil
  • Credit growth plunges to over 60 year low at 5% in FY17
  • PSU insurers gain big from ITC; private players turn ‘responsible’
  • Withdrawal trend reverses in Jan Dhan accounts; deposits up Rs 1,000 cr
  • Post demonetisation, 90 per cent Indians book holidays via plastic money
  • MF assets soar to Rs 17.5L cr in FY17
  • MP govt, DMRC to ink pact to supply power from Rewa project
  • Present Indian market valuations seem stretched
  • CBEC sanctions Rs 1 cr to each zone for GST outreach