Friday, 11 March 2016

ECONOMIC NEWS 11 MARCH

Data: Jan IIP at -1.5% vs 2.8% YoY (vs -1.2% in Dec)

Data: April-Jan IIP at 2.7% vs 2.7% YoY

The Aadhaar Bill 2016 passed in Lok Sabha.

Arundhati Bhattacharya, : Passing of the is a welcome development.

The Bill will facilitate transfer of multiple benefits directly to beneficiaries.

KYC compliance will be eased & become cost effective for banks & consumers.

India atomic regulator confirms Kakrapar reactor shutdown. Confirms no report on any radioactivity leakage at Kakrapar.

Market Data: net buy shares worth Rs 378 cr on March 11 (prov) net sell shares worth Rs 433 cr on March 11 (prov)

Expenditure Management Commission submits final report to FM

Bimal Jalan: Expenditure management report is not a policy report. It is important to achieve fiscal deficit target.
Move for revamp of roadmap is a positive step. Need fiscal deficit levels that are reasonable.

Uttar Pradesh Power Corp aims to raise Rs 133 cr via UDAY bonds.
, Govt officials likely to meet on Mar18 to discuss Apr Sept borrowing programme.


Anil Aggarwal
Owner & Manager at Anil Aggarwal Coaching
(A proprietorship concern for IBPS exam guidance and Bank Interview preparation)
 Mobile:                               +91 9811340788
E-mail ID:         anilakshita@yahoo.co.in
Office: Flat #49, Trilok Apartments, Patparganj, I.P. Extension, Delhi-110092.

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