Financial Coffee

(Please click on the Newspaper link to read the full article)   INDIAN ECONOMY IIP in December likely to remain in range of 2-3% in India: D&B Ministry moots policy changes to boost investment in wind energy Cabinet halves CDMA spectrum price Govt allows oil companies to increase diesel price India poised to be hot destination for global defence cos: Deloitte study Cabinet okays use of divestment mop-up for bank recap, PSU rights issues INTERNATIONAL ECONOMY China Set to Exit Slowdown by Boosting Infrastructure Housing Rebound Accelerates in Boost to U.S. Expansion: Economy Jobless Claims in U.S. Fell to best Level in Five Years U.S. Industrial Production Rises 0.3% on Equipment Demand EQUITY MARKET Indian M&A deal tally touches $36.3 bn in 2012: mergermarket High FII inflows to continue this year: Deutsche Bank Banks expect retail credit growth to continue in Q4 Govt defers Scooters India disinvestment plan DEBT MARKET 'Slow deposit growth a threat to lending rate cuts' Reduce SLR in line with global standards: IMF RBI Control Seen as 10-Year Yield Matches One-Year: India Credit Treasuries Decline as U.S. Housing Starts Beat Forecasts Spain Meets EU4.5 Billion Target at Second Bond Sale of 2013 German Bonds Fall as Euribor Futures Drop on ECB Repayment Bets Brazil to Hold Key Rate as Inflation Quickens Amid Slow Growth   COMMODITIES/FOREX Govt to re-impose duty on crude edible oil Gold may trade in ranges; grains, vegoils may rally Crude oil prices down on profit-taking Oil Rises to Four-Month High After U.S. Data Releases Diesel price de-regulation boosts rupee Euro Strengthens as Spain’s Borrowing Costs Decline; Yen Slides Canadian Dollar Gains as U.S. Economic Data Boosts Risk Appetite Swiss Franc Slides to Post-Cap Low as Haven Flows Abate  MUTUAL FUNDS Direct plans outperform regular mutual fund schemes Kumar M Birla to be Birla Sun Life AMC chairman New distributors get 5-month registration fee waiver from AMFI IIFCL gets SEBI nod for launch of infrastructure debt fund INSURANCE Parliamentary Standing Committee rejects FDI in Insurance General insurers want policies with longer term renewal REAL ESTATE Realty regulator will keep builders on a tight leash Global brakes on vertical growth but real estate boom in Asia Real estate sector sees better cashflow: Report OPINION Column: Focus on GST and DTC first Retro immunity as bad as retro tax Don’t undermine CAG’s role Govt makes the right move on GAAR In China, Slowdown Is a Bigger Danger Than Growth KNOWLEDGE CENTER More is Not Always Better  One-person companies may soon become a reality A rush to reduce taxes can cost you dear Tax planning for new year