Economic Times - 13 April 2016

Economic Times

Business Standard
Ø  India's growth fastest: IMF
Ø  Global growth pegged lower @ 3.2%
Ø  Do not tread protectionist path: IMF to US
Ø  'Monsoon, inflation, industry shine together'
Ø  Wipro board to consider proposal to buy back shares
Ø  China keen to invest in India's high-speed rail sector
Ø  Ind-AS to raise June quarter tax liabilities by 20%
Ø  India is a preferred bet in Asia in medium term: Christopher Chen

Ø  At 106% rainfall, IMD predicts above-normal monsoon in 2016
Ø  March CPI eases to six-month low of 4.83%; Feb IIP rebounds to 2%
Ø  IMF says 'very real' Brexit risk could deal blow to world economy
Ø  Exit offers exempt from contra trade restrictions, says Sebi
Ø  Liquidity situation recovers as government starts spending
Ø  Iron ore imports tank 63% in FY16 to 5.6 mt
Ø  Break in Greek reform talks ahead of IMF meet: Minister
Business Line
Ø  ‘Brexit, US elections are big risks in Q2’
Ø  India, US logistics support pact to be finalised by June
Ø  Jewellers submit proposal on excise to govt
Ø  RBI restricts FII buying in JKumar, Inox Leisure
Ø  Shilpa Medicare gets recognition from Japan
Ø  Dr Reddy’s buyback opens on Monday, offers a maximum of Rs. 3,500/share
Ø  RBI opposes disclosure of defaulter’s information
Ø  Critical phase of reforms on now, says Arun Jaitley
Ø  Weakest deposit growth since 1963 means higher rates for India
Ø  Raghuram Rajan builds record reserves to strengthen Asia’s worst currency
Ø  Lanco Infratech looking for strategic partner in power projects
Ø  Indian bankers said to be wary of solar as SunEdison totters
Financial Express               
Ø  Sensex rallies 123 points on hopes of good monsoon,
Ø  Japanese consortiums bid for GAIL's $7 bn tender
Ø  Vijaya Bank cuts term deposit interest rates by 25 bps
Ø  Industry losing Rs 350 cr per day due to warning on tobacco products: Assocham
Ø  UK govt prevented immediate closure of Tata Steel's unit

Financial Chronicle
Ø  India has potential to grow between 8 to 10%: CEA
Ø  Retail inflation slides to 6-month low in March
Ø  India begins probe into steel dumping by 6 countries
Ø  PFRDA aims to add 60-70 lakh APY subscribers in FY17
Ø  Gold set to enter bull market: WGC
Ø  Taj Group to run Nepal tourist resort

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