Morning Business News :
- Fed holds rates steady
- Sector funds beat diversified peers in 10-year SIP returns
- Blackstone leads the race to acquire Mphasis
- Emerging debt swelled $1.6 tn in 2015, poses risks
- Offshore funds can take advance ruling from CBDT
- Natural rubber imports drop 11.7% y/y in February: Board
- Trade body cuts cotton output estimate to 34.5 mn bales
- LSE and Deutsche Börse seal $30-bn trading tie-up
- Tata Group defense business expected to have 7.5% growth
- Gas-based power plants forego subsidy in reverse auction
- Safeguard duty on hot-rolled steel imports extended until March 2018
- Ruia-owned Essar Steel to double EBITDA in FY17
- US inflation pushing higher; housing market firming
- Finance ministry body recommends steel import duties
- ‘India has to open up economy, free currency’
- SEBI asks mfs to consolidate similar schemes for ease of investors
- SAARC Business Travelers’ Card expected by May
- Tata Motors bags hybrid buses order from MMRDA
- Auto loan delinquency rate to improve in 2016, says Moody’s
- Move for regulatory body to oversee export standards
- Rosneft sells stakes in two Siberian oil fields to Indian firms
- Lok Sabha passes Aadhar Bill rejecting Rajya Sabha recommendations
- Vijay Mallya’s overseas assets come under ED, CBI scanner
- Bofa sees Raghuram Rajan pouring in funds as India’s cash crunch worsens
- Reliance Infra-backed discoms say under ‘huge financial stress’
- Banks see a plunge in advance tax payments as npas bite
- Sensex ends 131 points up in last hour rally, Nifty at 7,499
- Petrol turns dearer by Rs 3.07 a litre, diesel up Rs 1.90
- Mini Cooper Convertible priced at Rs 34.9 lakh in India – Launched
- Investments via P-Notes declined in last decade
- Visa Steel to turn NPA in banks’ books
- CAD may narrow to 0.7% of GDP in FY16
- Gamesa bags 20-mw solar power order in Sri Lanka
- Psus to get 16 coal mines for commercial mining
- Nepal, China to sign trade treaty, fuel agreement
- Real estate bill to safeguard rights of home buyers
- New CBDT rules to boost fund mgmt sector in India
Today’s Wealth Mantra !
“An investment in knowledge pays the best interest.”
― Benjamin Franklin
