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Business Line News 26th May 2017

BUSINESS LINE [I]  Coastal law being watered down at risk to ecology [I]  Monsoon, corp earnings send markets on a high [I]  Multinational toy-makers go slow on manufacturing in India [I]  Railways to seek Cabinet nod for Rs. 35,000-crore development fund [I]  China still ahead of India in population count: experts [I]  Net migration to Britain falls in 2016 [I]  January-March quarter sees robust M&A deals: EY study ECONOMIC TIMES [I]  A Saudi blunder will haunt Opec for years to come [I]  China's yuan slips to 7th place in global trade finance [I]  Higher yields could trigger new debt concerns: ECB [I]  Sugar price rise 'inevitable' due to sugarcane FRP hike: NFCSF [I]  Failure of debt-laden telecom operators can trigger defaults, bankers tell government [I]  India retains world's highest FDI recipient crown: Report [I]  Growth may slowdown in Q4 of FY17; new WPI, IIP numbers may improve numbers: Icra [I]  India,

Business Line 25th May 2017

BUSINESS LINE [I]  RBI stance on forex accounting hurts banks [I]  The 3 payment banks have plans for your money [I]  Asia-Africa Growth Corridor: Vision document focusses on inclusivity [I]  India betting big on renewables [I]  Cabinet opens gates for private players in defence [I]  Centre seeks comments on new UDAN norms [I]  ‘Green energy can create 58,000 jobs in India by 2022’ [I]  2-wheeler sales to surge on monsoon cheer, waning currency ban effects ECONOMIC TIMES [I]  US proposes to reduce developmental aid to India [I]  BOJ may need to coordinate new fiscal plan to lift inflation [I]  Financial sector readies for IPO rush worth over Rs 20,000 crore [I]  Trump proposes selling half of US’ strategic oil reserve [I]  At 1.32 billion, India’s population may have overtaken China’s [I]  China downgrade shows emerging market ratings stuck in reverse [I]  Mobile companies likely to face stiff technical, accounting challenges post GST

Business line 24th May 2017

BUSINESS LINE [I]  Promoters’ ‘share pledges’ down only a bit despite market rally [I]  Right time to buy a house as prices dip in real terms [I]  Hardselling software service with ‘moneyback’ offer [I]  IT workers set to get their first union [I]  AfDB meet: Modi showcases development model to Africa [I]  Hospitality industry seeks single GST rate of 18% [I]  Tax incentives on tea auction sales may go [I]  Ministry to hold talks on trimming skill councils [I]  Tax incidence on entertainment services will be lower: FinMin [I]  Shipping stocks in rough seas as freight rates continue to fall ECONOMIC TIMES [I]  Crude oil in danger of falling to $40 if Opec fails to extend output cuts [I]  India gold demand to remain at 650-750 tonnes in 2017 [I]  Rupee closes at 7-week low on tensions along LoC [I]  India Inc seals 252 M&A deals worth 15.8 bn in Jan-Mar: EY [I]  Fisheries sector expected to touch Rs 1.5 lakh crore by 2020: Assoch