Corporate News/Results
Corner
· Jet fuel (ATF)
prices were Wednesday cut by 5.3 percent, the second steep reduction in rates in
one month – Positive for all airline service providers like Jet, Spicejet
etc
· Car sales
continue to tread the parched road; Cumulative sales volume drop 7% YoY in
April
Macro Economic and Other
News
· Core sector
output growth falls in March
· India to grow
at about 5.8% in FY14: IMF Deputy MD
International
News
· China’s
manufacturing growth expand at slower pace
· Fed maintains
QE pace, prepared to alter
· ECB may cut
interest rates as economy weakens further
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