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
