Market Roundup

Market Roundup

Business Standard
Ø  RBI to relax rules on bad loans to calm investors
Ø  Robust sales in India help auto companies to beat global slowdown
Ø  Govt may allot 15 blocks to PSUs for commercial mining
Ø  EU designs permanent outer circle to keep Britain in
Ø  BP reports biggest annual loss, announce job cuts
Ø  RBI to buy back govt securities worth Rs 20,000 crore
Ø  Transaction tax, shorter trading hours bog Indian market, says government committee

Ø  RBI keeps repo rate unchanged at 6.75%
Ø  Swiss surprise may spoil India's hunt for black money
Ø  Rajan puts the ball in Jaitley's court
Ø  Sahara to sell Grosvenor House to Qatar
Ø  Govt may announce incentives for solar projects in Budget
Ø  Sebi begins review of risk management, delivery systems at commexes
Ø  Japan's agricultural exports climb 21.8% in 2015
Business Line
Ø  India being viewed as a beacon of growth, says Rajan
Ø  Commerce Minister talks with EPCs on ways to boost exports
Ø  Indonesia working on rice import deal with India
Ø  ‘Make in India initiative, a good opportunity for US cos’
Ø  Birla Corp-Lafarge India deal for cement units, brands off
Ø  National Pension System has 1.15 crore subscribers now
Mint
Ø  RBI eases India startup rules with exit option for foreigners
Ø  Suzuki sees Toyota’s Daihatsu buyout as serious threat in India, other markets
Ø  Coal India said to buy back shares worth at least $368 mn from govt: report
Ø  Govt objects to Raghuram Rajan’s statement on fiscal policy
Ø  Govt may ask banks for at least $295 million in back-taxes
Financial Express               
Ø  RBI policy broadly in line with market expectation: FinMin
Ø  'Slow GDP recovery may change govt's policy stance'
Ø  Metal stocks drag Sensex to end 286 points down, Nifty settles at 7,455
Ø  India's growth cycle appears to be holding up: Nomura
Ø  RBI on wait and watch mode on 7th Pay Commission

Financial Chronicle
Ø  RBI to create enabling framework for growth of start-ups
Ø  EPFO, PFRDA unveils norms on outsourcing
Ø  MF experts expect RBI to add firepower to bond markets
Ø  CAD will remain well contained & easily financed: RBI
Ø  RBI expects retail inflation to ease to 5% by March 2017