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Morning News Round-up:

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

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