Wednesday, 6 April 2016

ECONOMIC NEWS 6 APRIL

Govt  To look at more share buybacks for cash rich PSUs. Share buyback to be an important strategy to meet FY17 divestment target. Valuations for metal, commodity stocks depressed.

Coal India, ONGC, NALCO, NMDC, MOIL likely to consider buyback in .

Share buyback to improve PE ratios, boost valuations of PSUs.

Oil Min to negotiate new timeline with states on launch of DBT kerosene. States and centre disagreement derail plans for DBT in kerosene.

India March Nikkei service PMI at 54.3 vs 51.4 in Feb

India March Nikkei composite PMI at 54.3 vs 51.2 in Feb.

Russia sees oil price of $45-$50 per barrel 'acceptable' as it prepares for freeze deal - sources.
India's steel imports surge in March after four months of falls

Dollar near 17-month low vs yen after Japan PM's currency comments


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
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