Top five news stories to watch out for on March 7, 2019

| Updated on March 06, 2019 Published on March 07, 2019

Railway Minister Piyush Goyal is likely to hold a marathon meeting of senior officials on March 7 to prepare a roadmap for the future of the national transporter. Days before the Model Code of Conduct comes into force, Goyal will conduct a final assessment of the work done by his ministry over the last five years.

Rahul Gandhi will address a rally at Moga, Punjab, today. He will launch a debt-relief scheme for farm labourers and landless farmers which was approved by the State cabinet. He is expected to talk about the distress faced by the farmers and might take on the Prime Minister on the events leading to and the aftermath of the Balakot air-strikes. He is will also attend a rally in Himachal on the same day.

The Wipro board of directors is expected to meet today to announce the criteria for bonus to eligible shareholders. Earlier, it issued a 1:3 bonus, that is one equity share for every three fully paid-up equity shares held, and one American Depository Share for every three ADS held. Nearly 2.59 lakh small investors hold 1.85 per cent stake in Wipro.

Honda will launch its India-specific Civic today as the carmaker looks to take on Toyota Corolla Altis, Skoda Octavia and Hyundai Elantra and others. Just like its predecessor, the 10th generation Civic is powered by the same 1.8-litre petrol engine, but it comes with a semi-automatic, 7-speed transmission with paddle shifters as the only transmission option. The new 1.5-litre diesel variant will have an optional 6-speed manual transmission.

The European Central Bank (ECB) will announce its rate decision today. While analysts believe that the ECB is unlikely to change the rates, the markets are hoping for another doze of stimulus ahead of the ECB’s meet.

Published on March 07, 2019
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