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Morning News Call - India, April 18

(India Morning Newsletter will not be published on Tuesday, April 19, as
markets will be closed for Mahavir Jayanti.)
    
    To access the newsletter, click on the link:
 
 here
                                                      
                                   
    
   FACTORS TO WATCH
   10:00 am: Junior Finance Minister Jayant Sinha at banking event in Mumbai.
   12:00 pm: Government to release March wholesale price inflation data 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
on the link: here
    
    
    INDIA TOP NEWS
     In need of cash, India chases $117 billion in elusive back taxes
India's finance ministry is asking for regular progress reports from tax
collectors and has set a date for an amnesty to pay off arrears on undeclared
domestic assets, as the government intensifies efforts to meet its ambitious
deficit target. 
     After slow start to 2016, India Inc pins hopes on monsoon
India's top companies are expected to report their weakest pace of growth in two
years in the quarter to March, held back by drought and slack demand - a
slowdown analysts and companies expect to reverse with an 'above-normal' monsoon
in 2016. 
     Bankers steer clear of Tata Steel's UK sale
Britain's biggest steel business is such an unattractive prize that most major
investment banks are not even angling for the opportunity to advise potential
buyers on one of the year's highest profile deals. 
     ITC says to resume cigarette production amid health warning row
India's biggest cigarette maker ITC Ltd said it would resume production at its
factories "consequent upon" a favourable court order, two weeks after it decided
to shutter its plants over the government's stringent new packaging
rules. 
     Jaitley says higher rainfall forecast could mean faster growth
India may grow at a faster pace this year if the latest predictions of higher
rainfall...

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