Here is a glimpse of the important Market News from today morning across several business newspapers: –
Economic Times – Business Standard
- RBI to now become accountable for targeting inflation
- RBI may cut interest rates as early as this week: Analysts
- Mahindra & Mahindra sales fall 10% in February
- EPFO considering housing scheme for subscribers
- Oil falls to $61 on US dollar, Iran, supply concerns
- HP to buy Wi-Fi gear maker Aruba Networks for $2.7 bn
- Obama committed to denying Iran nuclear weapon: US
- Govt drops 3 blocks from 2nd phase of auctions
- Reduction in royalty fees to help source technology
- FTIL opposes MCA’s petition to CLB for removal of FTIL board in court
- Indian Oil suspends official for leaking information
- Ashok Leyland Feb sales up 36 % at 10,762 units
- Treat foreign, domestic banks on par for priority loans: RBI group
Business Line – Mint
- WTO members question rise in India’s sugar export sops
- Suzlon’s wind farm commissioned in Uruguay
- 10-20% yield loss possible in rain affected wheat crop: Experts
- FDI cap on insurance raised to 49%
- FMC-SEBI merger to improve regulations: MCX
- Jubilant Life gets USFDA nod for generic anti—asthma tablets
- Indian manufacturing PMI at 5-month low in February
- Govt, RBI release new monetary policy framework
- Unilever acquires REN Skincare to bolster personal care division
- Maruti’s domestic sales rise 8% in February
- Govt to push bank reforms, may encourage mergers
- FMC modifies KYC registration process in line with Sebi
Financial Express – Financial Chronicle
- Bill to replace Coal Ordinance introduced in Lok Sabha
- Mukesh Ambani richest Indian for 8th yr; Bill Gates on top globally
- Bajaj Auto motorcycle sales fall 21 per cent in February
- India bond fall; budget raises doubts about pace of rate cuts
- Monetary policy to now target inflation, to be 6% by Jan 2016
- Tata Motors’ sales up 10.69 pc in February
- Feb Iran oil imports fall to lowest since July 2013
- Ola Cabs acquires TaxiForSure in $200m deal
- Jaitley’s ‘less aspiring’ fiscal consolidation strategy negative for ratings: Fitch
