Financial Coffee

(Please click on the Newspaper link to read the full article)   INDIAN ECONOMY Government estimates Rs 9,500 crore revenue from sale of CDMA spectrum Finance Ministry wants RBI to allow realty, broking firms to set up banks Budget may lower provision for fuel, fertiliser subsidies India’s rating outlook stable: Moody’s INTERNATIONAL ECONOMY U.S. Stocks Rise for Third Week Amid Corporate Earnings China’s Shrinking Pool of Workers May Limit Economy’s Recovery Confidence Falls as U.S. Payroll Tax Rise Hits: Economy Italy Needs 9 Billion Euros , Official Says EQUITY MARKET SBI to get Rs 3,004 cr capital from govt by March PE, VC investments likely to be subdued this year FIIs invest over Rs 13K cr so far in 2013 Top 8 companies add Rs 92,925 cr in market cap Low volatility cannot continue for five-six months CII demands tax incentives for infra to revive growth DEBT MARKET Bond yields edge lower on re-ignited rate cut hopes after diesel increase  action Treasuries Gain for Second Week Amid Debt-Ceiling Stalemate Aussie Yields Post Biggest Gain in 2 Weeks on China GDP      COMMODITIES/FOREX Caution is the keyword for investors in gold Roller-coaster ride ahead for crude oil Oil Caps Longest Run of Weekly Gains in 14 Months Rupee expected to strengthen Pound Declines Most Since June on Growth Outlook, EU Speculation Yen Slides to sharpest Since 2010 Amid Bets on BOJ; Euro Advances Canadian Dollar Weakens Most in Six Month on China Data Euro Falls as Wagers on Short-Term Rates Are Damped; Pound Drops  MUTUAL FUNDS 42 Asian equity funds among world's top 100 in 2012: Lipper MFs had dumped 27.4 lakh Infosys shares, 4.7 lakh TCS shares in December MFs try to attract investors thru Rajiv Gandhi equity schemes ‘Greater inflows into mutual funds without intermediaries not possible INSURANCE Health insurance segment clocks a higher rate of growth General insurers will take ‘some more time’ to get listed REAL ESTATE Increase in circle rates good or a huge dampener to the realty sector Real estate sector makes a pitch for infrastructure status for housing Govt plans to set up Land Authority of India to monetise unutilised land OPINION M J Antony: Club not a facade to avoid tax Sidharrth Shankar & Vatsal Gaur: Make FDI in insurance broking simpler Mukesh Butani: FM blesses taxpayer-friendly GAAR Kumkum Sen: Companies Bill 2012 - The scanner is on the auditor Somasekhar Sundaresan: Rise above the din to tax inheritance We can't get on a 9% growth path if we don't align energy prices with global rates: Montek Singh Ahluwalia KNOWLEDGE CENTER More is Not Always Better  Higher EPF deduction can help build better retirement kitty A rush to reduce taxes can cost you dear Tax planning for new year