Economic Times Headlines 25 August 2015

Economic Times

Ø  China fears wipe 230 bn euros off Euro shares
Ø  North, South Korea reach agreement to halt tensions
Ø  France, Germany shrug off China-induced mkt rout
Ø  US inflation probably lower than reported: Fed study
Ø  Yuan devaluation, China slowdown a worry: Jaitley
Ø  FDI reporting module to promote ease of doing business: RBI
Ø  Govt won't pin foreign portfolio investors on MAT
Ø  'No immediate advantage to exporters from rupee fall'
Ø  Sebi approves merger with commodities regulator FMC
Ø  Real estate offers $11.8 bn opportunity for builders

Business Standard
Ø  Great fall of China sinks world stocks, dollar tumbles
Ø  India signs pact for South Asia's first trans-national oil pipeline
Ø  Inflation expectations are still high: Rajan
Ø  Union Ministry to offer subsidy to ship building Industry
Ø  Odisha will offer to sell iron ore to Posco for steel project
Ø  Chennai Petroleum to augment its net worth with Rs 1,000 crore infusion from IOC
Ø  HPCL posts record profit in FY-2015, highest since 1974
Ø  Crude prices at six-and-a-half year low; India might gain over Rs 1 lakh crore
Business Line
Ø  CBEC gets ready for GST, sets up new directorate
Ø  Indian Oil OFS subscribed 1.18 times
Ø  Monsoon in a lull phase over North-West India
Ø  Crude oil hovers below key $40 per barrel mark
Ø  Stock market wealth crashes below Rs. 100-trillion mark
Ø  SEBI-FMC merger to take effect from September 28
Ø  Emerging assets hit new multi-year lows on China contagion

Ø  India has sufficient forex reserves to address rupee volatility: RBI
Ø  Three state-run banks plan to sell NPAs worth Rs.2,700 crore to ARCs
Ø  Supreme Court vacates stay granted to DLF
Ø  Bhushan Steel in talks with Monnet Ispat for stake purchase
Ø  Amtek unit bondholders look to move UK courts
Ø  Gateway Distriparks offers to buy Blackstone stake in unit for Rs600 crore
Financial Express

Ø  Sensex plunges 1,625 points to end at 25,742; Nifty at 7,809
Ø  Manufacturing sector growth improves in August: SBI Index
Ø  Fiscal deficit, inflation under control; economy in revival mode: FM Arun Jaitley
Ø  Market mayhem: PM reviews situation, calls for reforms
Ø  India has potential to achieve 100 GW solar target: Bosch
Ø  Heineken eyes control of Indian maker of Kingfisher beer
Financial Chronicle
Ø  Ready to use FX reserves as Sensex tumbles: Rajan
Ø  BSE to suspend trading in 17 companies from Aug 26
Ø  Glenmark expects USDFA approval for 4-6 drugs
Ø  IIB to manage transaction exchange
Ø  NSE shortens concessions in transaction fee by 1 month
Ø  Adani to invest Rs 25,000 crore in Chhattisgarh

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