GOODWILL BUSINESS DIGEST

RBI seen cutting repo rate by 25 bps
IT Revenue misses the target but surcharge and cess come to the rescue
Brokers rue delay in implementation of interoperability
ILFS scam: SFIO zeroes in on coterie of top managers, auditors
SpiceJet to hire up to 2000 Jet staff
RIL resumes lobbying in US; to focus on sanctions
SAIL eyes others for auto-grade steel.
Centre looking at ways to support sectors hurt by US’ withdrawal of duty-free exports scheme
Growth may cross 7.5 % if reforms accelerate
Alternative set up for divestment to be reactivated
Monsoon loses momentum
US stance on generalized system of preferences—May not be the end of sops to India
4 State Chiefs in Govt, BJP looks for change
NDA’s return to boost D Street further: Chris Wood
No fiscal space for Budget giveaways, officials tell FM
FinMin to endorse Google tax at G 20 meet in Japan
US Visa applicants to provide their social media details
Economists’ recipe Exercise caution on Fiscal stimulus
NFRA-ICAI turf war intensifies., the Ministry to interfere
Zomato expands Food delivery to 300 cities
Fourth q earnings growth disappointing
PSBs staring at yet another NPA spike- loss goes unabated
If PM-kisan costs Rs 87 k Cr, other sops do twice as much
Morgan Stanley warns of recession within a year, US Stocks cap the worst month of year
Costly PSB bail out: Rs 2.5 L Cr pumped in, yet Rs 4 L cr notional M-Cap loss
BOB to raise Rs 11900 cr through share sale
Cut GST on vehicles to 18 %: SIAM
High ISTS charges hit power gen cos.
Most enter top tax bracket due to inflation, not rise in real income
Curbing imports, fuelling expansion projects priorities for new steel min
ONGC topples IOC to regain most profitable PSU tag
AlBk aims to recover Rs 2000 cr bad loans per quarter
External com. Borrowings drop 20 % in April
SEBI wants 10 % mandatory deposit before appeals at SAT against orders