Economic Times Headlines 30/09/2015

Economic Times Headlines 30/09/2015

Business Standard
Ø  World won't achieve goals without India: Bill Gates
Ø  Rate cut shows RBI considering growth trends subdued: Moody's
Ø  India need not worry about Glencore troubles: Rajan
Ø  Govt may invest Rs 3.3L cr in transmission sector
Ø  EM firms' $18 tn debt needs careful watching: IMF
Ø  Banks will have to follow new base rate calculation: Rajan
Ø  RBI allows FPIs to buy up to 49% in Eveready
Ø  Finmin to compile list of projects for foreign govts

Ø  India up 16 spots to 55th in global competitiveness
Ø  RBI's 50 bps rate cut takes bond yields near 26-month low
Ø  RBI allows corporates to raise up to $750 mn via rupee denominated bonds overseas
Ø  Power Grid commissions first power transmission express highway
Ø  Renuka Sugar's Brazilian arm applies for bankruptcy protection
Ø  Suzlon completes commissioning of wind power turnkey project
Ø  Antrix told to pay Devas $672 million
Business Line

Ø   Rain deficit slips back to 14% as monsoon resumes withdrawal
Ø  SEBI issues final norms for commodity derivatives brokers
Ø   Idea gets shareholders nod to raise up to Rs. 10,000 cr
Ø  Imports to help India meet 70% of edible oil demand
Ø  MFs exposure to software stocks hits all-time high of Rs 40,602 crore
Ø  Jaitley nudges banks to pass on rate cut benefit to borrowers

Ø  Rupee closes stronger against US dollar at 65.96 after RBI policy
Ø  Reserve Bank shifts focus from inflation to growth
Ø  Sun Pharma starts tender offer for InSite Vision buyout
Ø  Steel producers likely to hike prices by up to Rs 1,500/tonne
Ø  Govt delays implementation of bigger tobacco pack warnings
Ø  Infogain to buy IT operations of Blue Star Infotech
Financial Express

Financial Chronicle
Ø  Sensex closes 162 points up at 25,779 after RBI rate cut lifts sentiments, Nifty settles at 7,843
Ø  Reserve Bank of India lowers GDP forecast for FY16 to 7.4%
Ø  Sun Pharmaceutical makes tender offer to acquire InSite Vision
Ø  Households expect inflation to stay in double digits: Survey
Ø  Antrix Corp asked to pay $562 mn in damages in Devas Multimedia dispute

Ø  US welcomes diaspora role in India's development: Obama
Ø  Govt to review interest rate on small saving schemes
Ø  Chidambaram welcomes RBI rate cut of 0.5%
Ø  Hindustan Motors misses interest on debentures
Ø  RBI rate cut to benefit housing, auto, FMCG sectors
Ø  FPI investment limit in G-sec hiked to 5% of outstanding stock