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    Financial News 6th April 2016

    Financial News
    6th April 2K16
    Economic Times
    Ø  Panama: Not all accounts illegitimate, says Rajan
    Ø  US trade deficit rises in February to 6-month high
    Ø  Naming of all defaulters will kill businesses: Raghuram Rajan
    Ø  India serves steel anti-dumping notice on China
    Ø  France puts Panama back on tax haven blacklist
    Ø  Huge cash infusion biggest takeaway from money policy, almost smelt like QE
    Ø  Rel Jio could stump mkt with data tariffs at 0.5p/10 kb
    Business Standard
    Ø  RBI cuts repo rate by 25 bps to 6.5%, lowest in 6 years
    Ø  Pay hike to stoke inflation, push up GDP: RBI report
    Ø  Inflation could rise on bad monsoon, currency decline: Moody's
    Ø  Allow banks' KYC at mutual funds, Sebi writes to FinMin
    Ø  Panama Papers probes opened, China limits access to news on leaks
    Ø  Bajaj Group to become UP's biggest private power producer
    Ø  Govt releases Rs 25,800-crore food subsidy to FCI
    Business Line
    Ø  BSE launches data on unemployment, consumer sentiments
    Ø  Govt sacks some foreign-funded health consultants
    Ø  NITI Aayog to submit divestment plan for CPSEs this month
    Ø  Lupin launches generic insomnia drug in US
    Ø  NSE to conduct mock, live trading from disaster recovery site
    Ø  ‘Gammon will divest, monetise various assets over two years’
    Ø  Sebi panel backs action against NSE
    Ø  RBI rate cuts could reduce lending rates by 75 bps
    Ø  Risk of once-in-100-year drought means one more India rate cut
    Ø  Rupee falls most in 3 weeks, closes weaker against US dollar at 66.46
    Ø  RBI’s Vision 2018 for ‘less cash and more digital’ society on the cards
    Financial Express                
    Ø  Sensex plunges 516 pt on RBI rate cut, Nifty settles below 7,600
    Ø  DoT to seek Cabinet nod to change spectrum norms
    Ø  JLR workers warn Mistry against Tata Steel 'fire sale'
    Ø  Mallya Case: Diageo PLC files objections against DRT Order
    Ø  DRT had barred Vijay Mallya from
    Ø  Bankruptcy Bill likely in coming Parliament session, says FM
    Financial Chronicle
    Ø  Govt to push for consolidation of public sector banks
    Ø  Global recovery 'too weak, too fragile': IMF chief
    Ø  Maturity of FCNR deposits not to make Re volatile: RBI
    Ø  'No FDI in sectors that can put Indian jobs at peril'
    Ø  Ireda, TCCL join hands to devise financing products

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