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Monday, 5 March 2018

05 March 2018 News

5th March 2K18

Economic Times

Ø  SBI tightens lending, won't fund interest payments
Ø  India to remain fastest growing economy: FM
Ø  Create sub-targets for PSL: RBI to MNC banks
Ø  PNB: NCLT bars over 60 entities from selling assets
Ø  GMR-M submits proposal for Manila airport expansion
Ø  Saudi 's $16bn syndicated loan cuts funding costs
Ø  Indian M&E industry to reach Rs 2 tn by 2020: Report

Business Standard
 
Ø   India 12th largest overseas holder of US securities in 2017 at $147.4 bn
Ø   359 infrastructure projects show cost overrun of Rs 2.05 trillion: Report
Ø  Five more public sector banks on brink of prompt corrective action: Icra
Ø   PNB scam fallout: Trade finance hit as caution prevails, premium soars
Ø   PSBs write off Rs 5.16-bn NPAs of 38 wilful defaulters in H1FY18
Ø   Proxy advisory firm questions exemptions in Rs 369-bn ONGC-HPCL deal

Business Line

Ø  Skill India Mission to impart training for jobs overseas
Ø  Challenges aplenty in enabling DBT in farm sector: NITI Aayog
Ø  Russia’s VTB Capital says it can bid more for Essar Steel
Ø  NCLT admits SBI's insolvency proceedings against IVRCL
Ø  Gold recovers after US tariff announcement

 Mint

Ø  DRI initiates prosecution against Nirav Modi
Ø  RBI gets tough on MNC banks on priority sector lending
Ø  4.4 lakh unsold homes in 7 big cities at 2017 end: JLL India
Ø  Sterlite Power to invest $10 billion in transmission lines in 4 years
Ø  Axa is said to be in advanced talks to buy insurer XL Group

Financial Express

Ø  ArcelorMittal stands by $1 billion Mexico pledge despite trade threats
Ø  Challenging target: Tough year ahead for disinvestment
Ø  World's 500 richest people have lost combined 107 billion USD this week
Ø  RBI gets tough on MNC banks, asks them to create sub-targets to meet PSL norms

Financial Chronicle

Ø  Tea production up 9.47% in December
Ø  Private sector investment is likely to remain sluggish this year
Ø  Sebi may seek urgent disclosure of ‘substantial’ loan defaults
Ø  6.5-7% growth rate is very reasonable: NITI