Financial Coffee

(Please click on the Newspaper link to read the full article)   INDIAN ECONOMY March inflation projection may be cut Wait for banking licence norms set to get longer Banks’ NPAs may worsen in FY’13: NPAsource.com Industry expects RBI to cut rates by at least 25 bps: RBS survey Govt’s public debt rose to over Rs 40 lakh cr in Dec quarter INTERNATIONAL ECONOMY Where's the growth? Euro zone still lacks investor appeal Rise in Leading Index Signals U.S. Expansion Into 2013 Global Growth Glimmers as Manufacturing Picks Up Speed: Economy China Manufacturing Expands at Fastest Pace in Two Years Spanish Jobless Rate Hits Record After Rajoy’s First Year EQUITY MARKET Private equity, venture capitalists investments in India to remain flat in 2013, says E&Y Sensex down 103 pts at one-week low, Tata Motors slumps 6% Pvt investors to pour in $1.1 tn in emerging mkts this yr DEBT MARKET India Boosts Debt Holding Cap for Foreigners to $75 Billion India repo borrowings remain high; arbitrage gains, Bond yields edge further up Treasuries Remain Lower After $15 Billion Sale of TIPS Spanish Bonds Rise as Euro-Area Slowdown Eases; Bunds Decline India repo borrowings remain high; arbitrage gains, Bond yields edge further up HSBC sees only 25 bps rate cut by RBI on January 29   COMMODITIES/FOREX Gold, silver slip on profit-taking Gold Seen by Morgan Stanley Extending Rally as QE3 Runs to 2014 Oil Rises on Improving Data as Brent-WTI Spread Narrows Copper Rallies as U.S., China Growth Buoy Outlook for Demand Rupee Rebounds After Debt Holding Limit for Foreigners Raised Pound Drops to 11-Month Low Versus Euro Before U.K. GDP Rand Slumps to 4-Year Low as Central Bank Leaves Rate Unchanged Australian, N.Z. Dollars Rise Versus Yen After China PMI Yen at 100 Per Dollar Endorsed by Japan Official Nishimura Aussie Declines After Consumer Prices Gain Less Than Forecasts  MUTUAL FUNDS Spike in returns from gold ETFs LIC Nomura MF aims to touch Rs 10,000-cr AUM mark Korea's Mirae eyes ETFs for India from global basket   INSURANCE ING exits life insurance business in India India tops life insurance rankings: WEF REAL ESTATE Budget wish-list: Real estate body seeks tax sops, infrastructure status Housing may get Budget boost with infrastructure status Delhi Development Authority to triple floor area ratio, city to go vertical OPINION Sunil Jain: The world according to GAAR Tweak downstream investment norms Not yet time for RBI to relent Indian IT can’t take its eyes off US revenues Is global growth back?   KNOWLEDGE CENTER Transmitting MFs without nominees: Things to know Higher EPF deduction can help build better retirement kitty A rush to reduce taxes can cost you dear Tax planning for new year