Aug 9, 2016 - Three reasons why RBI may still go for a rate cut in this monetary policy review

View online   Advertise              Unsubscribe from TradeBriefs Business Daily

Sree Vijaykumar From the Editor's Desk We are either going to have to pay for journalism or we are all going to pay for it, says John Oliver. Sad, but true - we love our cat videos more than hard hitting journalism. When clicks decide how media makes money, how does one expect important (but not necessarily popular) issues get covered? Here's a funny look at the current state of affairs. Our advertisers help fund the daily operations of TradeBriefs. We request you to accept our promotional emails. Three reasons why RBI may still go for a rate cut in this monetary policy review “We see three compelling reasons for Rajan to cut interest rates by 25 bp. As this is his last policy, he may stop at a dovish signal,” BofA-ML said. How your financial fortunes changed during Raghuram Rajan’s tenure as RBI governor Rajans performance should be measured more in terms of economic parameters, and not by what some of the foot-in-mouth politicians had to say about him. Will new policy change the way we fly? The blueprint aims to make flying cheaper, but customers are wary of hidden costs and long check-in queues Dhanlaxmi Bank says it expects Rs120 crore equity infusion this week Existing Dhanlaxmi Bank investors Kapil Kumar Wadhawan, Ravindran Pillai and C.K. Gopinathan and group to put in funds to bolster the bank’s weak capital position SBI directs five associate banks to clean up books before proposed merger “Post-merger, an account cant be classified as standard in the books of one associate bank and sub-standard for another associate bank or parent bank,” said a bank official. Manappuram Finance Looks to Acquire microfinance companies in North and East Reserve Bank of India has put up bank licences on-tap, and said that new banks should maintain 40 per cent priority sector target from the beginning. PE interest in warehousing, logistics parks to get a boost with GST rollout With GST implemented, these decisions will purely be based on operational efficiency and help boost warehousing at cheaper locations. Cadila acquires skin treatment lotion Melgain from Issar Pharma Melgain will be marketed in India by Liva Healthcare, a specialty division of Zydus group catering to the dermatological segment Salarpuria, Apollo form JV to buy out projects in Bengaluru, Vadodara Govt raises budget for rural jobs scheme by Rs5,000 crore Fresh fund infusion means the overall budget allocation for MGNREGS in 2016-17 will be Rs43,500 crore HDFC Life Insurance, Max Life seal three-step merger deal Merged entity HDFC Life will be largest private life insurer in India Implementation of GST Bill will foster growth of Indian economy: FICCI With the Lok Sabha unanimously passing a constitution amendment enabling Goods and Services Tax (GST) Bill, the Federation of Indian Chambers of Commerce and Industry (FICCI) on Monday said it would be privileged to work with and support the Central 85 per cent banks' NPA levels rise in Jan-June 2016: Survey However, in terms of restructuring of advances, 32 per cent of the respondents indicated a moderate decline in the number of cases requested for it. Sebi should give NSE case closure before framing algorithmic trading rules If, for instance, the charges of collusion and unfair access are true, the market structure changes proposed by Sebi alone will not help Edible oil refiners seek duty cut on crude palm oil imports Refiners are on the edge as the landed cost of crude and refined oil is almost at par, a refiner said. "Cheap refined oil imports will push most refiners into the red." GST Bill passed unanimously with Rajya Sabha amendments The GST council will give states a major say in the way indirect taxes will be administered across the country Bank union to protest against consolidation, govt policies New Delhi, Aug 8 () A section of officers of the public sector banks (PSBs) under AIBOC will hold a 'March-to- Parliament' protest tomorrow against a move to consolidate state-owned lenders and other "anti-worker" decisions of the government. Bumpy road to recovery for Indian economy: Citigroup New Delhi, Aug 8 () It has been a bumpy road to recovery for the Indian economy as the average investment index for fiscal year 2015-16 is almost 35 per cent lower than the peak of the earlier cycle in financial year 2006-07, says a Citigroup report. Door to foreign investors only half-open in India Now the government has stunned investors by serving notice to 57 countries demanding that existing BITs be terminated, and new ones signed. Finance ministry starts studying rail, general budget merger A Union Finance Ministry official said the Central government has already started examining the possible merger of rail and general budgets. Rubicon Research in talks to raise Rs240 crore from Everstone Capital, HNIs Rubicon Research’s latest funding round will also enable a complete exit to its existing investor Kotak PE Carzonrent to invest up to Rs400 crore, eyes Rs5,000 crore revenue The New Delhi-based company offers chauffeured vehicles on rental basis to corporates, institutions and SMEs, besides self drive vehicles How the online fashion market is planning to combat the joined force of Flipkart, Myntra and Jabong Myntras acquisition of Jabong is estimated to have placed the combined entity right at the top of pile, with an estimated market share of 60-70%. McDonald's goes on a healthy diet, reduces sodium in its mayonnaise and fries “In India, we will continue to work closely with our suppliers and industry experts toward achieving our global vision,” a McDonalds India spokesperson said. Reigniting ITC Cigarettes, despite the stigma associated with them, still power ITC’s profits while its non-tobacco businesses have been a persistent drag on profits. Sanjiv Puri, tipped to take the helm at ITC early in 2017, will have to decide which is the way to go Amazon signs up Excel Entertainment to ensure enough takers for Prime service in India Farhan Akhtar and Ritesh Sidhwanis production house Excel Entertainment will create Amazons first show, Power Play Bata rejigs roadmap, mulls growth from existing stores The company’s key focus is to grow in double-digit and scale up margins going forward, said Rajiv Gopalakrishnan, Managing Director & President-South Asia, Bata India. Kishore Biyani's Future Enterprises plans to raise Rs 1250 crore GST will help India become a big unified market, says Kishore Biyani, CEO of Future Group, adding, the company will benefit the most. Bengal's Tantuja sarees now available on Amazon Starting with a nominal profit of Rs 25 lakh in 2013-14 after a gap of 40 years it went on to make an operational profit of Rs. 2.5 crore in 2014-15. RIL to create omnicommerce through integration of Jio infra, Reliance Retail RIL chairman Mukesh Ambani spoke about his retail business plans in the company's latest annual report Future Group eyes Rs 1000 crore sales during Independence Day sale Big Bazaar consumers will be able to enjoy a 15% cashback on making payments through Paytm as part of a strategic tie-up between the two companies. Logistics, retail and consumer goods will benefit most from GST :Kishore Biyani With the GST Bill being passed by Rajya Sabha on Wednesday India will soon turn into a single market helping businesses avoid costs that are crippling the eventual price point charged to the end customer. Big Bazaar merchandise to be available on Paytm Paytm, a mobile payment and commerce platform, has entered into a strategic tie-up with Future Group. The partnership will enable users to shop for Big Bazaar merchandise on Paytm and get them delivered. Amazon, Alibaba face jobs as Indian tax collectors Currently, e-tailers only pay a federal service tax. With GST, they will practically become government-appointed tax collectors. E-commerce in India: Here's a natural alliance against online fraud Mobile network operators and banks must tackle online fraud together through advanced, mobile-based authentication Sidharth Pansari: Eseller who struck gold with Amazon Meet Sidharth Pansari, whose three year-old Primarc Pecan Retail has already touched Rs100 crore in revenues, growing 100% year-on-year. As Phone Companies Pledge to Stop Robocallers, What's the Holdup? Only 10 percent of the prerecorded, auto-dialed calls are legal and wanted by the recipient, yet 2.4 billion robocalls are made each month. Russia — a wake-up call for India? The young athlete was taken aback by the question from the man on the staff of a prominent sports institution. “Do you have any problem in giving your urine sample for testing?” he said. “If you have, Alwar Police busts gang of mobile phone thieves Alwar Police busts gang of mobile phone thieves LG V20 will be the first Android Nougat phone in September The firm not only did reveal the name of the handset and the Android version it will be running on, but also confirmed that the handset will be launched as soon as next month. Social media like Anandiben's FB resignation, call it Digital India initiative Gujarat chief minister Anandiben Patel sprang a surprise on Friday by offering to resign from her post, saying the Bharatiya Janata Party (BJP) needed a fresh face in the state before elections next year. Here’s how social media reacted. India, Singapore Central Bankers Call for Global Safety Net Central bank chiefs from India and Singapore called for a strong safety net for countries to cope with financial crises. Lenovo Vibe K5 Note launched: Price, specifications and features The 3 GB model of Lenovo K5 Note is priced at Rs 11,999 while the 4 GB version will cost Rs 13,499.. Oracle India joins SBI to foster digital skills initiative Global software and Cloud major Oracle India on Monday announced a corporate citizenship collaboration with State Bank of India (SBI) and launched the.. SFLC.in's Comments on the TRAI Consultation Paper on Cloud Computing by sflc_admin    |    August 1, 2016On June 10, 2016, the Telecom Regulatory Authority of India(TRAI) floated a Consultation Paper on Cloud Computing and invited comments from the industry and other stakeholders on the following broad issues: regulatory framework for cloud computing; security over the cloud; cost-benefit analysis; quality of servic... Panasonic Eluga Arc 2 With 4G VoLTE Support Launched at Rs. 12290 Panasonic Eluga Arc 2 Smartphone: Panasonic a Japanese-based electronics and smartphone Company Has Launched a new flagship 4G smartphone under its Eluga-series in India. Lenovo India appoints Rajesh Thadani as new consumer business head In his new role in Lenovo India, Thadani will lead the growth strategy to further strengthen Lenovo’s growing consumer segment. Josh Groban, Kat Dennings call it quits? 2 Broke Girls star and singer call it quits, but remain close friends Preacher: "Call and Response" Review SPOILER ALERT: This story contains details about tonight’s Preacher Season 1 finale and some details about Season 2. In , “Call and Response,” tonight’s Preacher season finale on AMC, Jesse C… TradeBriefs Publications are read by over 10,00,000 Industry Executives India Business Brief | India Retail News | India Food Brief | India Telecom Brief | India Finance Brief | India Software Brief | India Digital Brief | India Ecommerce Brief | India Franchise Brief | India HR Brief | India Logistics Brief | India Construction Brief About Us  |  Advertise Privacy Policy    Unsubscribe You are receiving this mail because of your subscription with TradeBriefs. Our mailing address is GF 25/39, West Patel Nagar, New Delhi 110008, India