Financial Coffee

(Please click on the Newspaper link to read the full article)   INDIAN ECONOMY Economic Survey says subsidies must be slashed Govt clears 9 FDI proposals worth Rs 1,140 cr Economic Survey: Fewer on the jobless list Share of food in consumption basket dips to 31% Survey against increase in tax rates; calls for widening base Fiscal deficit target of 5.3% achievable: Eco Survey Eco Survey predicts higher growth for next year  INTERNATIONAL ECONOMY Slide in British Exports Paced Fourth-Quarter Contraction EU Eyes March 22 Deadline for Basel Law to Avoid Delays Kuroda Heading for Confirmation as Abe Prepares BOJ Nominees Bernanke Defends Asset Buying as Benefits Outweigh Risks South Africa’s Economy Expands 2.1% in Fourth Quarter EQUITY MARKET Eco Survey: Indian IT-BPM industry faces serious competition FDI in telecom sector plunges 96% to $70.46 mn: Eco Survey Markets stage smart recovery on economic growth hopes DEBT MARKET Dip in inflation makes case for rate cut Inflation-indexed bonds can help increase savings, reduce gold demand India Inc raises Rs 4,974 cr in corporate debt category: Survey Treasuries Extend Monthly Advance on Bernanke Limits Company Credit Swaps in U.S. Decline as Pending Home Sales Rise Asian Corporate Bond Defaults to Stay Low, Moody’s Says Gilts Rise Third Day as Economy Shrinks, Investors Seek Safety Italy’s 10-Year Government Bonds Advance After Auction  COMMODITIES Gold drops for first time in 5 days as investment demand falls WTI Oil Rises After U.S. Data Spurs Confidence in Economy Lead Climbs Most in Week as U.S. Economy Recovers; Tin Advances Castor oil exports may dip 6% on low China demand  FOREX Rupee closes at 53.87 on higher growth projection Mantega Says Currency fight He Named Eases as Brazil Recovers Brazil Swap Rates Fall After Inflation Report; Currency Gains Yuan Overtakes Ruble as World Payments Currency: SWIFT Euro Gains Against Dollar as Italy Meets Bond Target; Yen Climbs   MUTUAL FUNDS MFs garner Rs 1.2 lakh cr investments during Apr—Dec: Survey Amfi defends 6% commission for RGESS agents Multi-cap funds work for small portfolios ‘Pick quality liquid assets’ INSURANCE The future of the insurance sector is pension and health products: D K Mehrotra Life insurance premiums may come down from April 1 Insurance: Big push to traditional products  REAL ESTATE Real estate regulator may not monitor commercial projects DLF cuts itself down to size NHB Residex shows increase in home prices across 18 cities Real estate growth to continue on city fringes  OPINION Mr FM, how do we save? Why is recovery elusive? Anjani Kumar: Super-rich tax? Redo the I-T slabs first Oil subsidies: Politics first, economics last Tax reforms — a  changer for sure The Survey’s tired stories Messing up on spectrum, again  KNOWLEDGE CENTER Gain from asset allocation Decoding Budget Lingo Avoid Trading, Stick to Quality Large-cap Stocks till Budget Guarding against a weak rupee How the rupee’s movements can wreck your portfolio