News Headlines – 01.02.2017
Ø Eco Survey hints at demonetisation ‘windfall’ doles in Budget
Ø Govt revises GDP growth to 7.9 per cent in 2015/16
Ø Eco Survey backs ‘salary for all’ as ultimate poverty killer
Ø New H-1B bill to make life tough for techies, IT cos
Ø Economic Survey calls rating agencies’ bluff
Ø Trump pushes drug makers for lower prices
Ø ‘India need to watch global developments closely’
Ø Arvind Panagariya pegs economic growth at 7- 7.5% in FY18
Ø Fiscal deficit in April-December hits 94% of budget target
Ø ONGC’s December quarter net triples to Rs 4,352 crore
Ø Eco Survey makes a strong case for Universal Basic Income
Ø NCLT clears way for Tata Sons to hold EGM on Feb 6
Ø ICICI Bank Q3 net falls 19% to Rs 2,442 cr; bad loans rise
Ø IDFC net profit falls 43% to Rs 101 cr in Q3
Business Line
Mint
Ø CBDT to send queries to 18 lakh taxpayers
Ø Bajaj Auto Q3 net profit down 5.27% at Rs 976.82 cr
Ø CPSE ETF’s second tranche lists on exchanges
Ø Eco Survey: GDP growth seen lower at 6.75-7.5% in 2017-18
Ø Note ban may delay banks’ asset quality recovery: Fitch
Ø Better refinery margins boost Indian Oil net by 29%
Ø RBI’s excess capital should fund PSU banks, ARC: Economic Survey 2017
Ø Reform labour laws, give tax breaks to create jobs: Economic Survey 2017
Ø PE investors buy stake in Centrum’s forex business
Ø Universal Basic Income ideal to tackle poverty, says Economic Survey 2017
Ø Carbon credit-like system can curb cash usage
Ø RBI governor’s appointment impacted Indian market: Economic Survey
Financial Express
Financial Chronicle
Ø Full remonetisation of economy in 1-2 months: Arvind Subramanian
Ø Firstsource Solutions signs 10-year deal with Sky
Ø Sony takes $1 bln writedown on its movie business
Ø Rs 2 lakh crore for development of highways in MP: Gadkari
Ø Setback for Vijay Mallya, CBI to start the extradition process
Ø Rail Budget to focus on safety, infra development
Ø Note ban shaves off GDP growth rate by up to 0.5 pc in FY17
Ø Look forward to pay hike similar to last year, report says
Ø Creation of next-gen infra govt’s top priority: Prez
Ø Policy rationalisation needed to push exports
Ø Iran slashes import duty on rice
regds
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