7th October 2014

1. Business Line
Independent directors: spring cleaning of PSU boards puts centers in a spot.
According to new govt. policy all PSU sectors with executive chairman should have
50% of board member must be independent directors and PSU with non-executive
chairman should have one third independent directors. By this would help to divide
work and efficiency will increase.
2. Business Line
EU frowns at Indias telecom sourcing rules
European Union has raised Conner about India domestic sourcing norms for
purchasing telecommunication products. So government should revised policy on this
or it will have impact on purchase order.
3. Business line
Govt. decline to give info on lokpal
Central government is not able to make public details to people, that who will be
chairperson and member of anti corruption body.
4. Business Line:
China Growth to slip to 7.4%: World Bank
According to World bank, china will have GDP of 7.4% this year, as it is very little less
as compare to last year. This can be due to high pollution that can lead to reduce
investment and manufacturing output.
5. Apex court panel comes out with guidelines on govt. ads:
As Supreme Court has set up a committee of high level who will look that is their misuse
of political ads are not on in govt. ads. The apex court wants to keep politics ads away.
This a good step take by court, it would help people.

8th October 2014

1. Business line
IMF sees reform moves pushing GDP growth to 6.4% in 2015
According to IMF in this current year GDP will be 5.6% and in 2015 it can touch up to 6.4%.
These will very good impact on India, as more investment will come, more jobs will be there.
Thus overall growth will increase.
2. Business Line
Coal import up 19% in sept.
India coal import is increase to 19% and this is due to illegal coal block allocation,
which banned by Supreme Court. Thus due to this cost of electricity can be increase.
3. Business line
Direct tax collection up 15% in April-sept.
The direct tax is increase up to 15% in first six months, it has impact on government
revenue, it will increase. Thus govt. can have more money to spend in different
sectors.
4. Business Line
Big Investment needed to boost seaborne trade: Assocham
It is true that there is need of big investment to increase county economy. And
investment should be more in manufacturing sector. So GDP can become stronger. For
this government try to create opportunities.
5. Business Line
Air cargo traffic to double in 20 year: Boeing
According to Boeing cargo will increase to double, it can be due to increase in
population. As these industries were affected in 2008 crisis. This will increase in
employment.