Financial Coffee

(Please click on the Newspaper link to read the full article)   INDIAN ECONOMY Can’t borrow beyond a limit: Chidambaram Gross direct tax  grows 7.1%, Income Tax 15% in Apr-Nov Permit banks to buy back gold coins from public: RBI report India’s long-term potential rate is 7%: Goldman Sachs IMF calls for slashing SLR to spur pvt investments Net direct tax  grows 12% in April-Jan INTERNATIONAL ECONOMY UK CEOs expect more revenue German Factory Orders Add to Signs of European Recovery: Economy Netherlands AAA Outlook Cut as Fitch Cites Shocks to Economy China’s January Data Gap Vexes Economists EU Seeks to Advance U.S. Trade Deal as China’s Role Grows EQUITY MARKET Sensex falls for 5th day, NTPC, Coal India shares down over 2%, Nifty positive at close Performance of Asia-Pacific coal firms to remain subdued in 2013: S&P It’s only a conditional nod for Diageo-United Spirits open offer Merger, demerger deals need SEBI approval now Banking, fin services stocks drop on weak Q3 earnings DEBT MARKET Deposits growth continues to lag at 13.08% Call rates remain steady around previous close Bond yields edge tad higher tracing rising global crude oil prices Bunds Advance Before ECB Meeting as Spanish Notes Rise U.S. Treasury Sees Floating-Rate Note Sale Within Next Year Taiwan 10-Year Bond Yields Rise to 7-Month High  COMMODITIES Crude oil up on healthy economic indicators Time to dump gold for platinum Coffee Exports From India Set to Drop as Europe Demand Slows Carmakers Use Aluminum Over Steel in Boost for Rio: Commodities Platinum Advances to 16-Month High on Supply Woes; Gold Climbs FOREX Rupee slips a tad Brazil Swap Rates Increase on Inflation Concern; Real Advances Aussie Declines After Retail Sales Unexpectedly Fall Pound Rises Before Carney Testimony, Rate Decision; Gilts Euro Falls Toward One-Week Low Versus Dollar Before ECB   MUTUAL FUNDS Mutual funds exposure to banking stock soars to over 3-year high Gold holding through ETF touches 40,000 kg Gilt assets jump 10 times in first 3 quarters of FY13 INSURANCE Planning to buy an endowment plan? It may pay to wait a few more days Irda to Stop Schemes that Guarantee Highest NAV REAL ESTATE Commercial project 'Spire Edge' at Manesar designated as World Trade Center Panacea, Bestech join to develop township OPINION Why was IRDA sleeping? Taxing FDI Burning issues in real estate regulation Sukumar Mukhopadhyay: GST - 'Paradise lost' from fractured design KNOWLEDGE CENTER Tax-savings Bonds are  Best option before Rates Fall Park money in a contingency fund Look beyond Section 80 C for tax-saving instruments Guarding against a weak rupee How the rupee’s movements can wreck your portfolio