Morning News Round-up:

Ø  India’s economic growth to face pressure in near term: UBS

Ø  China slump: Commodities see worst Jan in 24 yrs

Ø  GIC Re to go public as part of disinvestment plan

Ø  Finance Ministry rejects Railways request for Rs 32,000 crore as revenue grant

Ø  Fed rate hikes must be tied to price pressures: IMF

Ø  Foreign funding in Eveready Ind records steep surge

Ø  BHEL, 11 other PSUs running in losses: Anant Geete

Ø  Sugar cess ceiling hiked to Rs 200 per quintal after President nod to bill

Ø  Industrial output declines 3.2% in November

Ø  December retail inflation up 5.61%; highest in new series

Ø  TCS numbers disappoint yet again

Ø  2-wheelers may be asked to leapfrog to BS-VI norms

Ø  RCom asked to pay up Rs 5,384-cr spectrum fee

Ø  Maharashtra suspends crushing licence of 12 sugar mills

Ø  China allows 6 more foreign institutions into interbank FX market

Ø  Larsen & Toubro bags new orders worth Rs 1,247 crore

Business Line
Ø  India Inc business optimism rises after 4 quarters of fall: D&B

Ø  Underground coal mining the best option: UK expert

Ø  Oil price slide: OPEC president sees emergency meeting in March

Ø  MFs may face higher redemption pressures this year: Mirae Asset

Ø  Jaitley urged to give MGNREGA “highest” priority in Budget

Ø  Chinese regulator asks banks to cut wealth management yields

Ø  Indian refinery tycoons tap fuel rush at home as China stokes global glut

Ø  Govt to relax mining lease transfer rules

Ø  Oil India declares Rs8 per share interim dividend, govt to gain Rs325 cr

Ø  India’s regulation needs modernization: Ratan Tata

Ø  UltraTech considers buying stake in Kenya’s ARM Cement: report

Ø  Bank of Maharashtra to raise Rs1,000 cr via tier-II bonds

Ø  Sensex falls for second day, down 143 points

Ø  SC reserves verdict on PIL against 4G licences to RJIL

Ø  IndusInd Bank reports 30 per cent rise in Q3 net profit

Ø  Mahanagar Gas Ltd looking at lower prices for late night CNG customers

Ø  Federal Bank Q3 net profit falls 38.5 per cent, shares plunge nearly 9%

Ø  PFRDA takes call centre route to push pension scheme

Ø  Bankers pitch for raising tax break on savings to Rs 2.5 lakh

Ø  Oil & gas fields’ sale under new model to begin soon

Ø  Mirae Asset MF eyes Rs 5,000 crore AUM by end of 2016

Ø  Benchmark indices touch new 52-week lows

Ø  Bajaj Corp to go for acquisitions, tap rural market for growth

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