Financial Coffee

(Please click on the Newspaper link to read the full article)   INDIAN ECONOMY EGoM cuts 2G spectrum auction base price 30% ADB lowers India’s GDP growth forecast to 5.4% Chidambaram Seeks Extra Expenditure of 32,120 cr Govt to Now Climb Down from Peak of FDI Success Government to contain expenditure on subsidies: Finance Minister INTERNATIONAL ECONOMY US jobless rate falls to 7.7% in Nov ADB Cuts Asia Growth Nos on India’s Slowdown Five EU Nations Pledge Availability of Fund Germany faces temporary economic slowdown: Bundesbank Obama remains tough on ‘fiscal cliff’ EQUITY MARKET Profit-Booking after FDI Vote Snaps 3-day high Auto stocks rev up on Subbarao’s comments Three-year disclosure must for promoter share transfer: SEBI Sebi Asks SEs to Furnish a List of Eligibile Stocks for RGESS Mkt closes in on long-term valuation averages with 25% ytd gains DEBT MARKET RBI to buy Rs 12,000-cr worth G-Secs EPFO time bars inquiry against employers in PF cases to 7 yrs Now, Companies Stinting on PF Can Go Scot-Free Call rates edge lower on Friday; may gain momentum in coming week Bond yields decline on RBI’s second debt buyback announcement COMMODITIES/FOREX ‘Growing demand for gold putting pressure on current account deficit’ Gold prices extend losses to a one-month low Oil’s not well with import figures Rupee ends lower at 54.47 on oil related demand No accounting relief for short-term forex loans, Ministry tells India Inc MUTUAL FUNDS Equity MFs at 52-week high Sundaram Mutual announces Satish Ramanathan’s exit Quantum MF says no redemption pressure Close-ended MFs’ listing is must for Rajiv Gandhi scheme MFs Bet on Banking Debt Funds INSURANCE IRDA to come out with norms for new products soon Insurance firms being probed for evasion of service tax, says P Chidambaram Insurance employees' union oppose move to increase in FDI REAL ESTATE Construction industry told to build more green homes Mantri Realty to invest Rs 750 crore for 3 housing projects No price correction likely in Mumbai realty market: HDFC Property tax in trans-Yamuna area likely to go up OPINION Kenneth Rogoff: Financial crisis - or innovation crisis? LIC unfairly favoured, concedes Irda chief Moody’s, and Indian banking blues India forgets that China cannot be trusted KNOWLEDGE CENTER Identify your Life Insurance needs before signing up for a larger cover PF account statements now just a click away Where did the rupee go? NBFC debentures can give better returns than FDs, but they carry higher risks too Smart things to know: Clubbing of income for taxation