A look at the headlines in the sector right now:

  1. Centre trying to accommodate all suggestions regarding GST Bill, Arun Jaitley says in Lok Sabha: Prime Minister Narendra Modi is expected to speak about the uniform indirect tax in the Lower House of Parliament later in the day.
  2. The pay of CEOs in India's top private companies doubled in the past two years, reports PTI: The average salary for the major listed firms is around Rs 20 crore, as against the previous Rs 10 crore.
  3. Sensex ends 104 points up, Nifty closes above 8,700 ahead of RBI policy review: Asian markets were also up after a US report on stronger employment numbers. 
  4. Logistics firm GoJavas temporarily suspends operations, reports Livemint: The Gurgaon-based company, which is partially owned by Snapdeal, cited a technical problem that has led to services being down for almost a week.
  5. Raghuram Rajan may keep rate static in his last policy review on Tuesday: Retail inflation continues to be above normal.
  6. Hero Motocorp registers highest ever profit in first quarter this year: Income from operations rose 7.7% to Rs 7,901 crore in the quarter against Rs 7,336 crore in the same period last year.
  7. Oil prices rise on fresh calls for production freeze: However, Russia, the world’s top oil producer dismissed reports of a freeze.