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Morning News Round-up:

Ø  India will continue to outperform peers: Atsi Sheth, Moody’s

Ø  India loses Rs 2 tn annually to corrosion of infra

Ø  Shrinking US trade gap shows economy’s strength

Ø  RBI’s new base rate norms to hit bank profitability: Crisil

Ø  Decline in exports “pulled down” GDP growth by 3%: FIEO

Ø  IREDA plans to raise Rs 600 cr via tax-free bonds

Ø  Cipla set to buy Hetero’s US ops for $550 million

Ø  Airlines drag govt to court over ground-handling fiat

Ø  Govt to give priority to infra development: Nirmala

Ø  UAE government keen to invest in India

Ø  RBI will consider deflation while deciding interest rates: Jayant Sinha

Ø  CBDT asks officials not to pursue pending MAT cases

Ø  Pre-payment issuers petition RBI on payments bank licence issue

Ø   Novartis makes history with US launch of biosimilar drug

Ø  Goa iron ore miners grapple with high taxation, lower ore prices 

Ø  NSE enters into MoU with Stock Exchange of Mauritius

Ø  IRB Infra in pact with NHAI for Rs. 2,650 cr road project

Ø  Hero Cycles bags order for 7.5 lakh bicycles from West Bengal

Ø  Corp bond private placement hits 4-month high at Rs. 46K cr

Ø  Hedge funds adopt a go-slow approach on Indian start-ups

Ø  NPS managers can actively manage equity funds: PFRDA

Ø  India’s economy will achieve 8-8.5% growth rate: Pranab Mukherjee

Ø  RIL, ONGC face 14% cut in natural gas price

Ø  Suzuki chairman tells Indian vendors to stop investing in hotels, leisure

Ø  Coal ministry seeks exemption from forest clearance

Ø  Sensex snaps 3-day losing streak, closes 311 points up, Nifty settles above 7,800

Ø  Empower retail investor to curb mis-selling: Panel

Ø  ‘Green Fund’ to transform 96,000 km NHs into green Corridor

Ø  Swiss banks moving ‘full speed’ on automatic tax info exchange

Ø  Govt to pay state traders Rs 113 cr for import losses

Ø  Govt to invest Rs 8.5 lakh cr in railways

Ø  Adani loses key customer for Carmichael mine in Australia

Ø  China, tumbling commodity prices threaten world economy: IMF

Ø  Pharma giants post profits amid slowdown

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