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Morning News Snapshot

Morning News Snapshot

Ø  Disinvestment target halved; Balco, HZL stake sale now

Ø  Industry is not suffering from a policy paralysis: FM 

Ø  Spending cut of Rs 75K cr not to impact growth: FM

Ø  Parl panel asks govt to bring fresh Micro Fin Bill

Ø  Govt will look into easing gold import curbs: FM

Ø  Gems & Jewellery industry expresses ‘shock’ at Budget

Ø  Economy will have to handle Fed tapering challenges

Ø  Vote-on-account not to disappoint on fiscal deficit

Ø  Fiscal deficit within red line, but RBI stance won’t change overnight

Ø  Budget not aimed at pleasing anyone, says FM

Ø  Exports to grow by 6.3% to $ 326 bn this fiscal

Ø  Yash Birla comes in for interrogation at EOW

Ø  Royalty payment on onshore assets an overhang for ONGC

Ø  Steps to boost manufacturing, a welcome step: BCIC 

Ø  Airtel will be the strongest in Mumbai after Loop Mobile acquisition 

Ø  SBI okays Rs10,000-cr loans to telecom operators for spectrum purchase 

Ø  Export tax on crude palm oil hits vegoils import

Ø  FinMin urged to bail out troubled United Bank 
 
Ø  Interim budget: Key takeaways

Ø  Bharti Airtel to buy Loop Mobile in Rs.700 crore deal: reports

Ø  Adani Ports wins Ennore container terminal bid

Ø  CAG pulls up Bhel for delays in capacity addition

Ø  India-Pakistan banking diplomacy plans stuck

Ø  Excise cuts alone may not tempt consumers to spend

Ø  Budget 2014: Excise duty cut to cause up to Rs 1,200 cr revenue loss for govt

Ø  Realtors unhappy with interim budget

Ø  Sebi exempts govt from open offer to buy Vijaya Bank shares

Ø  Lokpal: Govt employees to file separate property returns

Ø  Romanian sausage to be saved under new EU rules
 
Ø  Tata Motors, General Motors India to reduce vehicle prices

Ø  Current account deficit to be $45b this year: FM

Ø  Govt to roll over Rs 35,000 crore of oil subsidy to 2014-15

Ø  Govt relief to struggling sector will boost steel industry

Ø  Bangladesh inks exploration deals with Oil India, ONGC

Ø  Railways to get Rs 29,000cr as budgetary support in 2014-15

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