MORNING NEWS CALL FACTORS TO WATCH 9:30 am: Labour Minister Santosh Gangwar at an awards event in New Delhi. 11:00 am: NITI Aayog CEO Amitabh Kant to release “CII-NITI Aayog Cleaner Air - Better Life Initiative” report in New Delhi. 4:45 pm: Health Minister J.P. Nadda at an event in New Delhi. LIVECHAT - FX WEEK AHEAD Forex Buzz analyst Jeremy Boulton analyses G7 currencies at 1630 IST. To join the conversation, click here INDIA TOP NEWS RBI orders changes to bank protocols after $1.8 bln fraud case India's central bank has told lenders to link their internal software with the SWIFT interbank messaging system by the end of April, and to alter a range of other protocols with immediate effect, as fallout from an alleged $1.77 billion fraud at Punjab National Bank continues to swell. Regulator orders HDFC Bank to probe suspected results leak Market regulator ordered HDFC Bank on Friday, to conduct an internal inquiry into the suspected leaking of key unpublished financial information and to strengthen its handling of such data. EXCLUSIVE-U.S. tells India to cut tariffs as trade friction heats up U.S. businesses and diplomats are pressing India to cut tariffs, industry and government sources say, after New Delhi's move to increase customs duties on dozens of products to help its flagship Make-in-India drive aggravated differences over trade. Federal police file fraud case against Simbhaoli Sugar execs The federal police said on Sunday it had filed a fraud case against executives of Simbhaoli Sugar for causing alleged losses of $16.85 million to state-run Oriental Bank of Commerce. Sakuma Exports sets sights on Ruchi Soya purchase Commodities trader Sakuma Exports has submitted an expression of interest to acquire leading Indian edible oil importer and retailer Ruchi Soya, it said on Friday. Jindal plans Namibia's second iron ore mine Plans to open Namibia's second iron ore mine are being pursued by Indian-controlled company, Blake Trading, documents seen by Reuters on Friday show. [nL8N1QD49S] India seeks 'reasonable' oil price from Saudi Arabia -minister India is seeking a reasonable price for crude oil from Saudi Arabia, Oil Minister Dharmendra Pradhan said on Friday, in a move that could help Riyadh regain top spot in supplying the world's third largest oil consumer. Indian exchanges cut ties to foreign bourses after government nod-sources India's government fully endorses a dramatic move by domestic exchanges to cut off data to global bourses, sources familiar with the matter said, seeing it as vital to lure foreign investments into the country from Singapore and other financial centres. REUTERS INDIA EDITION Monday, February 26, 2018
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
MORNING NEWS CALL
FACTORS TO WATCH
9:30 am: Labour Minister Santosh Gangwar at an awards event in New Delhi.
11:00 am: NITI Aayog CEO Amitabh Kant to release “CII-NITI Aayog Cleaner Air - Better Life Initiative” report in New
Delhi.
4:45 pm: Health Minister J.P. Nadda at an event in New Delhi.
LIVECHAT - FX WEEK AHEAD
Forex Buzz analyst Jeremy Boulton analyses G7 currencies at 1630 IST. To join the conversation, click here
INDIA TOP NEWS
RBI orders changes to bank protocols after $1.8 bln fraud case
India's central bank has told lenders to link their internal software with the SWIFT interbank messaging system by the
end of April, and to alter a range of other protocols with immediate effect, as fallout from an alleged $1.77 billion fraud at
Punjab National Bank continues to swell.
Regulator orders HDFC Bank to probe suspected results leak
Market regulator ordered HDFC Bank on Friday, to conduct an internal inquiry into the suspected leaking of key
unpublished financial information and to strengthen its handling of such data.
EXCLUSIVE-U.S. tells India to cut tariffs as trade friction heats up
U.S. businesses and diplomats are pressing India to cut tariffs, industry and government sources say, after New Delhi's
move to increase customs duties on dozens of products to help its flagship Make-in-India drive aggravated differences
over trade.
Federal police file fraud case against Simbhaoli Sugar execs
The federal police said on Sunday it had filed a fraud case against executives of Simbhaoli Sugar for causing alleged
losses of $16.85 million to state-run Oriental Bank of Commerce.
Sakuma Exports sets sights on Ruchi Soya purchase
Commodities trader Sakuma Exports has submitted an expression of interest to acquire leading Indian edible oil
importer and retailer Ruchi Soya, it said on Friday.
Jindal plans Namibia's second iron ore mine
Plans to open Namibia's second iron ore mine are being pursued by Indian-controlled company, Blake Trading,
documents seen by Reuters on Friday show. [nL8N1QD49S]
India seeks 'reasonable' oil price from Saudi Arabia -minister
India is seeking a reasonable price for crude oil from Saudi Arabia, Oil Minister Dharmendra Pradhan said on Friday, in
a move that could help Riyadh regain top spot in supplying the world's third largest oil consumer.
Indian exchanges cut ties to foreign bourses after government nod-sources
India's government fully endorses a dramatic move by domestic exchanges to cut off data to global bourses, sources
familiar with the matter said, seeing it as vital to lure foreign investments into the country from Singapore and other
MORNING NEWS CALL - INDIA EDITION Monday, February 26, 2018
PICTURE OF THE DAY
(Compiled by Swathi Nair in Bengaluru) For questions or comments about this report, contact: [email protected] For more information about our products: https://www.thomsonreuters.com/en/products-services.html Or send us a sales enquiry at: https://www.thomsonreuters.com/en/contact-us.html or call us on North America: +1 800 758 5555 To subscribe for the India Morning Newscall newsletter click here You may instruct us to remove you from Morning News Call by clicking on the link - https://forms.thomsonreuters.com/india-morning/Unsubscribe/