Financial Coffee

INDIAN ECONOMY Obama re-election not best news for IT outsourcing industry India Inc mops up $2.78 bn through ECBs in September Barack Obama's re-election may aid faster economic recovery: Ficcci, Assocham Railways Minister Pawan Kumar Bansal hints at rail fare increase Subbarao says monetary policy easing possible in Jan Pharma pricing policy to be discussed today

INTERNATIONAL ECONOMY After polls, market falls, fiscal cliff looms China set for generational leadership change Euro zone to flatline in 2013, pick up in 2014: European Commission European markets hit two-week high after Barack Obama wins in US elections Obama Wins a Second Term What Obama’s Victory Means for India

EQUITY MARKET 'Muhurat' trading on bourses to be for 75 minutes this Diwali World markets rise after Barack Obama gets re-elected India Inc rides high on operational gains 10% govt holding sale in HAL to be taken up today

DEBT MARKET Call rates edge lower on Wednesday Bond yields tread water for second consecutive session on Wednesday Government finalises details for tax-exempt bond issuance in 2012/13-document Coupons on Tax exempt bonds to be capped between 50-115 basis points SBI may cut lending rates: Chaudhuri RBI issues guidelines on liquidity management

COMMODITIES/FOREX Despite rising prices, gold holds the glitter Brent holds below $111 on demand worries, Middle East tension Gold prices hit 2-week high on Barack Obama victory in US election Rupee up for second day; risk assets increase on Obama win US dollar falls after Obama victory, losses seen limited

MUTUAL FUNDS MFs not  for Sebi’s 20k Cash Pay Option BNP Paribas MF announces change in some schemes Birla SL Div Yield Plus - Change in fundamental attribute Facts about Rajiv Gandhi Equity Savings Scheme

INSURANCE L&T Fin to Buy Pantaloon share in Insurance JV PSU general insurers to set up a common TPA to settle medical claims Auto insurers to deduct depreciation  REAL ESTATE Credai opposes government plan to allocate 35% housing for poor Real Estate Regulation Bill in Winter session of Parliament: Ajay Maken

OPINION India Needs Finishing Stones A bluer America How US electoral maths will lead to easier visas for Indians Regulator vs Master: The Debate Continues

KNOWLEDGE CENTER Expats from Select Countries can Withdraw PF before they Turn 58 Dalal Street for Barack Obama, Wall Street for Mitt Romney How issuance of rupee bonds abroad can boost infrastructure sector funding