Financial Coffee

(Please click on the Newspaper link to read the full article)   INDIAN ECONOMY Clarity on Retro Tax Soon: FM RBI Likely to Tighten Norms for NBFCs Factory Output Shoots Up,But Hope Doesnt Retail inflation increases to 9.9% in Nov on food prices Industrial output soars 8.2 percent in October, inflation jumps RBI Plans to Push Export Lending INTERNATIONAL ECONOMY Iraq, Saudi on OPEC collision course over next oil curb Japan investors ready for bumpy ride  Fed ties rate pledge to a threshold as new stimulus set Wall Street climbs on stimulus anticipation Outlook remains cloudy for US fiscal 'cliff' deal Fed set to expand its monetary stimulus US Fed may launch bond buying plan to shore up economy US, EU weigh world’s biggest free trade pact EQUITY MARKET LS likely to pass banking Bill today Sebi to Insist on Compensation if Debutants Fall within Months CEOs of BSE & MCX-SX Spar Over Securities Transaction Tax Rivals Try to Scuttle IPOs: Sinha Corporates should re-align their expectations from the market: UK Sinha, SEBI Government gets Rs 6,000 crore from NMDC share sale; FIIs bid in big way Markets ended marginally lower on Wednesday, amid a volatile trading session DEBT MARKET India OIS hardly moves as dealers ignore IIP data Call rates unchanged ahead of reserves reporting Bond yields tread water on Wednesday Indian 1-yr OIS down as strong interest seen at OMO Bond yields rise on RBI's choice of OMO papers COMMODITIES/FOREX Gold rises after Fed makes surprise low-rate pledge Brent up near $108 on weak dollar; Middle East tension Gold importers eye Fed, rupee for price direction Asia Gold-China buying picks up to dodge year-end supply crunch FIIs may Get to Trade in Currency Futures Sterling hits six-week high on UK jobs data, Fed easing bets MUTUAL FUNDS Edelweiss AMC launches new fund MF industry has scope to come out with simple products Equity funds see outflows for sixth straight month INSURANCE Insurance companies move to fill pension products slot Mumbai, Delhi Slip in Global Realty Fav List REAL ESTATE Mumbai, Bangalore and Delhi languish at bottom of PWC list for top investment destinations India's Top Residential Destinations to invest in - Knight Frank Research Report Piramal Realty- Studio joint development pact may get called off Property Markets to Slow Down Further Finmin Tells RBI to Help Build Up Housing Segment OPINION Progress of direct cash transfers will hinge on solving issues in extending banking outreach Decline in WPI must for RBI to cut rates: C Rangarajan, PMEAC Expert views - October industrial output jumps 8.2 pct, beats forecast India needs to develop a debt market KNOWLEDGE CENTER Understanding Trade Settlement Cycle Options for elders: Book fixed deposits before rates dip if you are in base tax bracket Does the FII route make sense? The tyranny of KYC norms Identify your Life Insurance needs before signing up for a larger cover