MORNING NEWS CALL

FACTORS TO WATCH

9:30 am: Labour Minister Santosh Gangwar at an awards event in New Delhi.

11:00 am: NITI Aayog CEO Amitabh Kant to release “CII-NITI Aayog Cleaner Air - Better Life Initiative” report in New

Delhi.

4:45 pm: Health Minister J.P. Nadda at an event in New Delhi.

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INDIA TOP NEWS

RBI orders changes to bank protocols after $1.8 bln fraud case

India's central bank has told lenders to link their internal software with the SWIFT interbank messaging system by the

end of April, and to alter a range of other protocols with immediate effect, as fallout from an alleged $1.77 billion fraud at

Punjab National Bank continues to swell.

Regulator orders HDFC Bank to probe suspected results leak

Market regulator ordered HDFC Bank on Friday, to conduct an internal inquiry into the suspected leaking of key

unpublished financial information and to strengthen its handling of such data.

EXCLUSIVE-U.S. tells India to cut tariffs as trade friction heats up

U.S. businesses and diplomats are pressing India to cut tariffs, industry and government sources say, after New Delhi's

move to increase customs duties on dozens of products to help its flagship Make-in-India drive aggravated differences

over trade.

Federal police file fraud case against Simbhaoli Sugar execs

The federal police said on Sunday it had filed a fraud case against executives of Simbhaoli Sugar for causing alleged

losses of $16.85 million to state-run Oriental Bank of Commerce.

Sakuma Exports sets sights on Ruchi Soya purchase

Commodities trader Sakuma Exports has submitted an expression of interest to acquire leading Indian edible oil

importer and retailer Ruchi Soya, it said on Friday.

Jindal plans Namibia's second iron ore mine

Plans to open Namibia's second iron ore mine are being pursued by Indian-controlled company, Blake Trading,

documents seen by Reuters on Friday show. [nL8N1QD49S]

India seeks 'reasonable' oil price from Saudi Arabia -minister

India is seeking a reasonable price for crude oil from Saudi Arabia, Oil Minister Dharmendra Pradhan said on Friday, in

a move that could help Riyadh regain top spot in supplying the world's third largest oil consumer.

Indian exchanges cut ties to foreign bourses after government nod-sources

India's government fully endorses a dramatic move by domestic exchanges to cut off data to global bourses, sources

familiar with the matter said, seeing it as vital to lure foreign investments into the country from Singapore and other

financial centres.

REUTERS INDIA EDITION Monday, February 26, 2018

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MORNING NEWS CALL - INDIA EDITION Mmm dd, 2018

GLOBAL TOP STORIES

China sets stage for Xi to stay in office indefinitely

China's ruling Communist Party on Sunday set the stage for President Xi Jinping to stay in office indefinitely, with a

proposal to remove a constitutional clause limiting presidential service to just two terms in office.

China's Jan home prices rise even as top cities register decline

China's new home prices grew in January although major cities saw early signs of softening, as the government

continued its efforts to rein in speculative demand to fend off bubble risk.

Samsung launches Galaxy S9 with focus on social media

Samsung Electronics unveiled its flagship Galaxy S9 smartphone on Sunday with an emphasis on visual applications for

social media, hoping to attract tech savvy young consumers to weather a market slowdown.

STATE OF THE MARKETS

The SGX Nifty Futures were trading at 10,543.50, trading up 0.4 percent from its previous close.

Indian government bonds are likely to edge higher in early trade tracking a fall in U.S. Treasury yields, even as

demand for debt remains weak.The yield on the 7.17 percent bond maturing in 2028 is likely to trade in a 7.65 percent -

7.70 percent band today. -Newswire

The Indian rupee will likely open little changed against the dollar, as demand from importers offsets a broad-based

weakness in the U.S. currency. -Newswire

U.S. stocks rallied on Friday, lifted by gains in technology stocks and a retreat in Treasury yields as the Federal

Reserve eased concerns about the path of interest rate hikes this year.

Asian share markets were in a cautious mood as investors braced for an event-packed week headlined by U.S.

inflation data and the first House testimony by the new head of the Federal Reserve.

The dollar steadied, with investors looking to Federal Reserve Governor Jerome Powell's first congressional testimony

for hints on the future pace of U.S. monetary tightening.

U.S. Treasury prices gained on Friday as uncertainty about recent stock market volatility helped boost demand for the

bonds and as investors rebalanced portfolios ahead of month-end.

Oil prices held little changed near two-week highs, supported by comments from Saudi Arabia that it would continue to

curb exports in line with the OPEC-led effort to cut global supplies.

Gold prices edged up, after declining more than 1 percent last week, as the U.S. dollar steadied following recent gains.

MORNING NEWS CALL - INDIA EDITION Monday, February 26, 2018

CLOSE FII INVESTMENTS EQUITIES DEBT

PNDF spot 64.79/64.82 February 23 -$75.12 mln

-$107.06 mln

10-yr bond yield 7.72 pct Month-to-date -$1.49 bln $71.16 mln

Year-to-date $547.82 mln $1.54 bln

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MORNING NEWS CALL - INDIA EDITION Monday, February 26, 2018

PICTURE OF THE DAY

(Compiled by Swathi Nair in Bengaluru) For questions or comments about this report, contact: reuters.marketwatch@thomsonreuters.com For more information about our products: https://www.thomsonreuters.com/en/products-services.html Or send us a sales enquiry at: https://www.thomsonreuters.com/en/contact-us.html or call us on North America: +1 800 758 5555 To subscribe for the India Morning Newscall newsletter click here You may instruct us to remove you from Morning News Call by clicking on the link - https://forms.thomsonreuters.com/india-morning/Unsubscribe/

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Hindu devotees take part in the religious festival of Holi inside a temple in Nandgaon village, in Uttar Pradesh, February 25, 2018.

REUTERS/Adnan Abidi