To access the newsletter, click on the link: http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_02012016.pdf FACTORS TO WATCH 12:00 noon: LIC Chairman S.K. Roy to launch e-services at an event in Mumbai. 6:30 pm: Trade Minister Nirmala Sitharaman to attend an event in New Delhi. 5:00 pm: Government to release December infrastructure output data.
INDIA TOP NEWS Sahara uses small savers to keep hill resort afloat India's embattled Sahara conglomerate has been funnelling cash from small savers to fund one of its biggest projects, a luxury resort south of Mumbai, according to documents Reuters reviewed.
In India, govt aid helps carmakers go green and cheap to fight smog crisis Carmakers are gearing up to launch affordable hybrid and electric cars for India in the next few years, executives said, lured by government incentives for fuel-efficient vehicles as the country accelerates efforts to cut worsening air pollution.
Finance Minister Jaitley can let deficit slip, go for growth - economists Finance Minister Arun Jaitley would get away with letting his borrowing targets slip when he presents his annual budget next month, according to the overwhelming majority of economists in a Reuters poll.
JSW Steel reports Q3 loss; lowers output, sales target JSW Steel Ltd said on Friday that its output and sales for the fiscal year to March will fall short of its target due to a delay in capacity addition, as it reported a $136 million quarterly loss.
L&T counts on government spending to meet growth targets Industrial group Larsen & Toubro is betting on state spending on infrastructure building to boost growth, a top executive said on Friday.
Cbank gov Rajan says RBI working to clean up lenders' balance sheets Central bank governor Raghuram Rajan said on Friday the Reserve Bank of India is working to ensure that commercial lenders are dealing with their stressed assets on a "proactive" basis and are provisioning for them "adequately".
GLOBAL TOP NEWS Mid-tier Chinese banks piling up trillions of dollars in shadow loans Mid-tier Chinese banks are increasingly using complex instruments to make new loans and restructure existing loans that are then shown as low-risk investments on their balance sheets, masking the scale and risks of their lending to China's slowing economy.
From denial to Davos: BOJ's Kuroda brings out his stun gun Bank of Japan Governor Haruhiko Kuroda used classic shock tactics on Friday to push through his latest unconventional monetary policy of negative rates: deny, then strike.