To access the newsletter, click on the link: http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_05092016.pdf FACTORS TO WATCH 11:00 am: Parliament session continues in New Delhi.

4:00 pm: Transport Minister Nitin Gadkari and Parliamentary Affairs Minister Venkaiah Naidu at an event in New Delhi.

GMF: EMEA LIVECHAT - FX WEEK AHEAD with Reuters FX analyst Jeremy Boulton Join Reuters FX analyst Jeremy Boulton at 1530 IST for a look at the week's top topics and implications for the FX market. To join the conversation, click here To join the conversation, click on the link: https://forms.thomsonreuters.com/communities/ INDIA TOP NEWS  Indian insurers plan to raise over $1 billion in two IPOs Two of India's leading private-sector insurers are looking to raise over $1 billion this financial year in the sector's first initial public offerings, as insurance companies rush to take advantage of a change in ownership rules.

 India, Iran agree to clear $6.4 billion in oil payments via European banks - minister The central banks of India and Iran have reached an arrangement to use European banks to process pending oil payments to Tehran, India's Oil Minister Dharmendra Pradhan told Reuters, unlocking $6.4 billion in stalled funds.

 INTERVIEW-India to gradually move to gas-based economy - Minister India plans to shift to a gas-based economy by boosting domestic production and buying cheap liquefied natural gas as the world's third-biggest oil importer seeks to curb its greenhouse emissions, oil minister Dharmendra Pradhan said.

GLOBAL TOP NEWS  China April exports, imports decline more than expected China's exports and imports fell more than expected in April, underlining weak demand at home and abroad and cooling hopes of a recovery in the world's second-largest economy.

 Australian PM calls July 2 poll amid economic slowdown, instability Prime Minister Malcolm Turnbull fired the starting gun on Sunday on one of the longest election campaigns in Australia's history, against the backdrop of a flagging economy and heated debate over sensitive political issues like asylum seekers.

 Trump changes tune on tax hikes for wealthy Americans U.S. Republican presidential candidate Donald Trump said on Sunday he was open to raising taxes on the rich, backing off his prior proposal to reduce taxes on all Americans and breaking with one of his party's core policies dating back to the 1990s.

LOCAL MARKETS OUTLOOK (As reported by NewsRise)  The SGX Nifty Futures was trading at 7,789, up 0.53 pct from its previous close.