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-WORDS OF WISDOM- The SIGNAFICANCE of a man is not what he attains but rather what he LONGS to attain…

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Ø Net neutrality: US follows Indian counterpart Trai’s steps
Ø EU leaders reject informal talks with UK on EU exit
Ø Goldman Asset Management sees UK downgrade
Ø Rules for creating RBI monetary policy committee notified
Ø World Bank President Jim Yong Kim to visit India
Ø NSE to file draft papers for domestic listing by Jan 2017
Ø Govt bonds oversubscribed; FPIs bid worth Rs 9,348 crores

Ø Brexit only a near-term worry: Poll
Ø Govt requires Rs 1.4 lakh cr to meet road targets for FY17
Ø RBI sets rupee reference rate at Rs 68 against US dollar
Ø Bank debt bears brunt of Brexit turmoil
Ø Online system to check delay in pension soon: Govt
Ø FDI relaxation credit positive for India: Moody’s
Ø Mukesh Ambani’s pvt firms hit slow lane

Ø Britain can cope with EU exit turmoil: Osborne
Ø Sterling hits 31-year low; gilt yield below 1% for first time ever
Ø India officially joins Missile Technology Control Regime
Ø FM to meet industry chambers, CAs on black money window
Ø Reliance ADAG looks to sale of tower, road assets to ease debt
Ø MNRE asks states to set up 1 lakh family size bio-gas plant

Ø India among Asia’s least exposed to Brexit: Morgan Stanley
Ø Sebi set to allow e-commerce firms to sell mutual funds
Ø Titan is slowly reinventing itself to keep up with the times
Ø Sistema to buy back 17% of Indian unit Sistema Shyam TeleServices from Russia govt
Ø Starbucks, Tata extend partnership beyond India

Ø S&P cuts UK sovereign rating from AAA to AA
Ø Goldman Sachs sees post-Brexit UK recession; cuts EU, US growth
Ø ‘US-India investment treaty ‘a bit more difficult’ now’
Ø ECB, BoE and Fed heads cancel panel chat after Brexit vote
Ø David Cameron hails ‘partner’ India in post-Brexit statement

Ø China eyes steel merger to create rival to ArcelorMittal
Ø Science & tech key to 4% agri growth: official
Ø Siemens wins Rs 570 cr order from Power Grid Corp
Ø Due diligence must when taking personal loan
Ø L&T faces challenges in getting large deals
Ø Nissan ties up with MyTVS to expand service outlet

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