Morning Business News :
- Govt may drop plan to impose 2%levy on air tickets
- Bear Market Claims First Victim As Radhakishan Damani Loses Coveted Status Of Forbes Billionaire
- Jaitley pledges all support to keep PSBs in ‘good health’
- New RBI capital norms may push up CAR by 1%: SBI CFO
- ATF price up 12%; non-subsidised LPG rate cut by Rs 61.5
- ABG Shipyard likely to get Rs 600cr infusion from Masan: Srcs
- Govt may drop plan to impose 2%levy on air tickets
- IMF projects 7.3% GDP growth rate for India
- 50-bps+ rate cut possible if inflation is under control
- Ajay Piramal in race to buy Lafarge’s $2 bn India biz
- PSU banks rally on RBI move; shares surge by up to 12.5%
- India plans to bring Iran back into banking clearing union
- RIL, Tata Steel, Adani to gain from investment allowance rejig
- Govt expects Real estate Bill to be a reality soon
- NPAs of PSBs at Rs 3 lakh crore: CBI chief Anil Sinha
- Putin says Russian oil producers agreed to freeze output in 2016
- Sebi’s 1st big action in castor seeds futures scam
- Hinduja group formally acquires London’s iconic Old War Office building
- World Bank announces second auction for emission reductions
- Surge in billionaire count in India jumps 333%
- Relaxation of offshore fund norms is not enough, feel experts
- Tax on dividends beyond Rs. 10 l: Ministry rules out review of proposal
- BEML bags Rs. 900 cr order from Kolkata Metro Rail
- Plastic waste recycling start-up Banyan Nation raises $800,000
- Global financial market volatility could be disruptive for India
- China rating outlook cut as Moody’s warns of debt, reform risks
- RIL to double market cap to $100 bn in 3-4 years
- Dabur, Marico and P&G drop prices of flagship products in January
- Vodacom, Neotel transaction lapses due to regulatory complexities
- Sensex closes 463 points up led by gains in banking stocks; Nifty settles above 7,350; SBI surges over 12%
- CBI blasts lenders for KFA fraud, not filing complaint
- Jindal Steel share price surge 7% on power assets sale buzz
- Gold prices extends losses on robust US data, higher stocks
- Bullion traders slam duty move, gold markets shut for 3 days
- Gold refiners face risk of UN sanction for conflict gold import
- Infra bonds not to be tax-free in FY17
- NTPC may get more time to meet emission norms
- Rupee hits 7-week high of 67.54 vs $, up 31 paise
Today’s Wealth Mantra !
“As financial markets continue to broaden and deepen, the behaviour of asset prices will play an important role in the formulation of monetary policy going forward, perhaps a more important role than in the past”
-Timothy Geithner