Financial Coffee

(Please click on the Newspaper link to read the full article)   INDIAN ECONOMY Built to last: Brand Tata Painful steps necessary to bring down fiscal deficit: P Chidambaram Manmohan Singh warns against complacency, pitches for hike in prices of petroleum goods, coal & power 12th Plan growth target to be lowered to 8%, says Montek INTERNATIONAL ECONOMY Treasury Plans ‘Extraordinary’ Measures to Avert US Default Wall Street falls for fourth day over 'fiscal' fears Major borrowers to reduce bank deposits: Fed survey US home prices up in October from year earlier France should review 2013 deficit target with EU partners: IMF EQUITY MARKET Encore for pharmaceuticals, FMCG outlook cautious BSE F&O Turnover Hits Peak on Cash Incentive Mid-sized IT Firms See Worrying Signs in 2013 Govt notifies MCX-SX as recognised stock exchange BSE shares soar 50% after bourse decides to go public DEBT MARKET Bond yield eases as higher borrowing fears fade OIS little changed, US 'fiscal cliff' watched Bank deposit growth still sluggish COMMODITIES/FOREX Crude oil mixed in Asia on US fiscal cliff worries Gold dips, focus on US budget talks Oil prices fall on 'fiscal cliff' concerns Gold ends below Rs 31k level on sustained selling, global cues Rupee set to end 2012 with losses despite $24-bn inflows MUTUAL FUNDS Nomura MF seeks to join Rs 10,000 crore club by March 2013 Retail buyers give MFs a pass in 2012 Equity mutual funds' banking sector exposure soars to 20.1% Mutual fund schemes for 2013 INSURANCE IRDA chief differs with finmin over new post Future Generali re-launches health insurance plan Bleeding motor insurers find novel ways to stem losses REAL ESTATE Realty sector banks on reforms, economy growth Office space absorption drops 23% in 8 cities: Cushman and Wakefield ‘Residential demand remains strong in NCR Realty set for growth in 2013 OPINION Investment demand will improve in medium term: Apoorva Shah For safeguards in bank licensing Good chance of gold appreciating, say experts KNOWLEDGE CENTER Draw Up an Investment Strategy with a Long-term View Why investors should consult professional advisors and stick to suggested asset allocation Why ordinary Americans are selling stocks in bull market Things you should consider before buying property for rental income