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Morning News Round-up:

• India’s growth rate set to surpass China this year: World Bank

• World Bank warns EMs to ‘fasten seatbelts’

• US pips Saudi to become biggest oil producer

• What’s holding up a deal on Greece’s bailout

• Land Bill gets a Bharatiya Kisan Sangh boost; dilutes opposition to consent clause

• Myanmar op: 70 commandos finish task in 40 minutes

• Automobile companies are betting big on India

• Spot market expresses concern over manipulation in commodity futures

• Stocks get momentum as MSCI defers inclusion of China ‘A’ stocks

• Wall Street jumps on optimism about Greece; financials gain

• Torrent Power gets shareholders node for merger proposal

• Hurt by cyclone, monsoon barely creeping ahead

• States to wield more fiscal powers

• India ready with a drought management plan

• Some states not cooperating with centre for development: Piyush Goyal

• HUL to withdraw Knorr noodles pending approval from FSSAI

• Cabinet approves Rs6,000 crore interest-free loans to sugar mills

• Continental Warehousing eyes infusion of $100 million

• Adani port project in Kerala to blunt Congress attack on Modi

• SpiceJet may lease Airbus planes to increase capacity

• Maggi recall may take longer than expected

• IndusInd Bank said to hire arrangers for Rs4,800 crore share sale

• The emergence of agricultural NBFCs in India

• Govt clears Rs 6,000-crore soft loans for sugar mills

• SAIL chairman denied extension

• Vedanta-Cairn merger to be announced on Sunday

• Paytm to get 1 mn Chinese merchants on its marketplace

• Jio launch date may be out at Friday AGM

• FSSAI rejected items still sold in Starbucks outlet

• HDFC Property Fund to raise $500 million overseas

• NREGS workdays might be increased to 150 to fight drought

• India among rising nations with higher investment commitments: WB

• ‘Made in China’ & ‘Make in India’ are compatible, complementary says Chinese envoy

• ICICI Bank to raise Rs 50,000 crore

• IndusInd Bank plans Rs 4,800-cr equity share sale

• HDFC Bank will cut base rate this quarter: Aditya Puri

• Sidbi aims at Rs 55k cr credit flow in FY16

• Centre okays Rs. 6,000-cr loan package to help sugar mills clear farmer dues

• Home Ministry throws book at Sun Group on security issue; I&B treads cautiously

• Maggi effect: regulator to seek 6-monthly third-party test reports

• Move sweetens sugar stocks

• Jaitley sees green shoots on surge in indirect tax mop up

• Sensex snaps 6-day losing streak, up 359 pts

• Sun TV’s plea in asset case dismissed

• Rs. 15,000-cr gun deal in L&T, Kalyani crosshairs

• Essel Group invests in oil, gas exploration projects in Africa

• BEML bags Rs. 645-cr Delhi Metro order

• Centre okays large-scale pulses imports

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