FREE INDIAN SECTORS ALERT (17.04.2013)


* AGRICULTURE: International forecasters from Europe, Korea and US have forecast better monsoon rains this year.

* AVIATION: To boost regional connectivity from 89 small towns, the aviation ministry is planning to give upfront subsidies to airlines.

* AUTOMOBILES: Japanese car makers want India to provide concessions similar to those likely to be offered to auto companies in Europe under a proposed free trade agreement.

* ECONOMY: International Monetary Fund has projected global economy to grow 3.3% in 2013, before improving to 4.0% in next calendar.

* FUNDS: A government panel has chosen Goldman Sachs Asset Management to manage the proposed exchange-traded fund comprising shares of central public sector enterprises

* FDI: Government's proposal to open up FDI in several sectors may be sent to the cabinet by June, according to Finance Minister P. Chidambaram.

* POWER: Eight states have raised electricity tariffs by 3.6%-24% this year.

* REGULATORY: SEBI's 16-member committee set up to review insider trading norms will seek inputs and suggestions from the public.

- SEBI has passed an order directing Osian's-Connoisseurs of Art to wind up its existing 'collective investment scheme' and refund the money collected under it.

- SEBI is planning to tweak its existing framework for generating liquidity in illiquid scrips.

* ROADS: The roads ministry has set an internal target to award 9,000 km road projects in the current fiscal.