Morning News Round-up:

​Ø  Telcos seek uniform GST rate across India, cap at 15%

Ø  GST stands simplified with govt dropping 1% tax

Ø  ‘Govt open to deliberating on merger of oil firms’

Ø  Central KYC to hit new equity, commodity investors from Aug 1

Ø  ‘Despite growth, our economy can’t give enough jobs’

Ø  DLF’s rental arm stake sale by Sept, may get 12K cr

Ø  ‘Global investors likely to be cautious on NIIF investments’

Ø  Blackstone, GIC rivalry keeps Indian realty pot boiling

Ø  Petrol price cut by Rs 1.42/litre, diesel by Rs 2.01 a litre

Ø  India’s holdings of US govt securities falls to $118 bn in May

Ø  Mallya’s assets to go under hammer for Rs 700 cr

Ø  Lok Sabha to take up Debt Recovery Bill today

Ø  Due diligence for merger of Max Life almost complete: HDFC Life

Ø   SEBI’s first phase of new enterprise portal goes live

Ø  Exim Bank raises $1 bn from overseas bonds

Ø  Coal linkages panel asks GVK Power to get fuel via e-auction 

Ø   SEBI cautions public against dealing with PACL assets 

Ø  FPI inflows in equities hits 4-month high of Rs. 12,612 cr in July
Ø  Delhi HC asks SpiceJet to deposit Rs580 crore in dispute with Kal Airways

Ø  L&T’s Q1 profit rises 46% to Rs610 crore

Ø  Tata group’s revenue falls 4.6% on decline in commodity prices

Ø  Godrej Consumer Q1 net profit more than doubles to Rs244.89 crore

Ø   Govt withdraws tender for procuring mid-air refuellers

Ø  Centre to soon initiate process for making Ethanol from biomass: Nitin Gadkari

Ø  Industry sees uptick in sales, profitability by December: Survey

Ø  Pharma sector receives Rs 4,975-crore FDI in FY16: Governmen

Financial Chronicle

Ø  India to clock GDP growth of 7.5% this fiscal: Deutsche

Ø  After Qatar, India tries to rework Australia LNG maths

Ø  Good rains, low crude prices may push RBI to cut rates

Ø  Production of natural rubber likely to rise 16% in FY17

Ø  Falling export forces guar farmers to shift to other crops

Looking for Best Stock Broker in India?

we will help you to find best broker with Free demat & lowest brokerage