Financial Coffee

(Please click on the Newspaper link to read the full article)   INDIAN ECONOMY Foreign funds pour more into China than India in Jan India's savings rate to dip to 30%: India Ratings India's economic growth slowdown could be worse than expected, shave a 1% off Chidambaram f'cast FDI inflows can grow ten-fold, onus on govt to get that done: Experts Growth likely to touch decade low of 5% this fiscal: CSO 8% growth for India will take tough decision, time: IMF India Predicts Decade-Low Growth Amid Inflation Risks  INTERNATIONAL ECONOMY Fewer Workers Filed Claims for Jobless Benefits in U.S. Draghi Signals Euro Strength May affect ECB’s Recovery Efforts Carney Backs Flexible Inflation Targeting in BOE Testimony Worker Productivity in U.S. Declines U.K. Manufacturing Rises Most Since July on Machinery Output Spain Borrowing Costs Rise Amid Corruption Allegations U.S. Consumer Confidence Rises for First Time in Five Weeks Stournaras Says Greek Recovery May Begin by End-2013 EQUITY MARKET India Inc’s investment abroad jumps 179% in January Consumer durables, realty stocks pull Sensex down 59 points Sensex falls for 5th day, NTPC, Coal India shares down over 2%, Nifty positive at close Merger, demerger deals need SEBI approval now It’s only a conditional nod for Diageo-United Spirits open offer DEBT MARKET Bonds remain bullish on steady demand ‘Retail home loans likely to grow by at least 20% this fiscal’ Treasuries Gain as ECB Concern Keeps Yields Unde 2% Spain Borrowing Costs Rise Amid Corruption Allegations China Injects  860 Billion Yuan via Reverse Repos in Week German Bonds Rise as Draghi Says Policy Can Remain Accomm COMMODITIES China remains top gold producer for sixth year Forex movements hold key to gold’s direction Zinc Leads Metals Slump as Europe Crisis Fuels Demand Concerns Platinum Rally Stalls on Speculation Miners May Boost Selling Brent Crude Rises to Four-Month High, Extends WTI Premium Oil Falls as Draghi Says Euro Strength May Hamper Growth FOREX Rupee slips to 53.22 on lower GDP estimate Euro Falls Most Since July as Draghi Warns of Slowing Inflation Brazil’s Real Surges as Central Banker Says Inflation Rate High Canadian Dollar Falls From 2-Week High Before Jobs Report Aussie May Test 4-Month Low Versus Greenback: Technical Analysis   MUTUAL FUNDS Rajiv Gandhi scheme: SEBI extends new fund offer period to 30 days Are fixed maturity plans losing sheen? Central Public Sector Enterprise ETF launch may be put off INSURANCE Random investments in insurance products to reduce tax can cost you dear in long-run IRDA proposes to lower solvency margin to 145 pc for insurers REAL ESTATE Correction in housing prices to continue for some time: NHB Panacea, Bestech join to develop township OPINION Rajesh Bhayani: Gold prices in correction mode Glass half full Montek Singh Ahluwalia: CSO ignored rising trend in economy for FY13 estimates Time we raised direct taxes 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