Morning News Round-up:
Ø Internet users in India to birth $200 bn digital economy
Ø Land Acquisition Bill passage will test markets
Ø Rajan went by majority opinion of advisors on RBI policy rate
Ø Winter wheat crop condition better this year: Agri Secretary
Ø BSNL, MTNL, Videocon planning lowering call rates
Ø Indo-US merchandise trade may touch $325 bn
Ø British insurance brokerage Willis picks up 49% in Delhi’s Almondz Insurance
Ø Cabinet nod for 15,000 MW grid-connected solar projects
Ø Cabinet clears New Development Bank, BRICS Contingent Reserve
Ø India imports 2.9 MT steel from China in Apr-Jan: Govt
Ø Bharti Airtel selling up to $415 mn in shares of tower unit
Ø Tata Power proposes lower electricity charges for Mumbai users
Ø RBI says overdraft under Jan-Dhan is priority sector lending
Ø Capital expenditure plans by cos likely to decline, says Crisil
Ø Dr Reddy’s drug pricing under lens of US authorities
Ø To avoid NPA tag, banks rush to recast Rs40K-50K cr loans
Ø Delhi govt cuts power tariff by 50% for up to 400 units
Ø France warns Russia of more sanctions if Mariupol is attacked
Ø Pan-India mobile number portability from May 3, TRAI amends regulation
Ø FT shareholders form body to oppose merger with NSEL
Ø Dalmia Cement increases stake in OCL India to 74.6%
Ø Apple told to pay $532.9 million in patent trial
Ø Coal India board directs it to withdraw from ICVL
Ø Obama endorses India’s bid for permanent membership at UN Security Council
Ø RBS said to plan cutting footprint to 13 nations in revamp
Ø ABG Shipyard shares surge 19% on report of stake sale talks
Ø ‘Coal sector to be overhauled for transparency’
Ø Arvind Kejriwal meets CAG on audit of discoms
Ø More than 7 years after CBDT circular, difference between business income & capital gains unclear
Ø IDFC may set borrowing limit at Rs 80,000 crore
Ø Mutual fund investors cannot buy or sell on Budget day
Ø India to embark on rail investment splurge
Ø Steel demand in India to grow in single digit: Moody’s
Ø Reforms will determine India’s rating upgrade: Moody’s
Ø External advisor urged RBI cbank to cut rates by 75 bps
Ø Assocham seeks removal of tax on educ
