Financial Coffee

(Please click on the Newspaper link to read the full article)   INDIAN ECONOMY Govt to borrow Rs 3.49 lakh cr during April-Sept 2013-14 Food inflation a credit negative for India: Moody’s Govt Sitting on . 2,000cr Export Refund Since Jan  INTERNATIONAL ECONOMY EU Keeps 5.8 Bln-Euro Revenue target for Cyprus Bank Tax China’s Foreign Investment Gains for First Time in Nine Months EU may Soften its Stance on Cyprus Bank Levy as Outrage Roils Markets EQUITY MARKET Govt may raise FDI cap for some sectors Rally in Paint Stocks may Lose Steam as Slowdown Bites RBI to Probe Gold Coin Sales, Wealth Management at Banks Markets end lower amid weak global cues  DEBT MARKET SBI chief pitches for 50 bps cut in CRR, repo rate Bond yields tread water ahead of RBI’s mid quarter policy review Call rates edge higher on tight liquidity condition RBI may cut repo 25 bps, but will stay cautious on inflation COMMODITIES Gold climbs on global cues, silver recovers Bets are Never Off the Table with Gold Hedge funds cut bets on commodities to 2009 low as Goldman says buy  FOREX Yuan Weakens as PBOC Lowers Fixing Before China-U.S. Trade Talks Yen Drops Versus Peers as Stocks Rally Damps Haven Demand New Zealand’s Dollar Overvalued Says English;  U.K. Inflation Seen Accelerating on Pressure From Pound Slump   MUTUAL FUNDS MFs fear losing assets if 3-day deposit scheme comes true Gain from double indexation Is Rajiv Gandhi Scheme the Latest Victim of Misselling? Equity folios' closure pace slows in February INSURANCE National Insurance likely to be listed by March 2015 Insurers raise exposure to gilts on rate cut hopes Ratings to help track performance of ULIPs  REAL ESTATE Big discounts on resale flats Global property deals seen back above $1 trillion in 2013: report Get Ready to Pay 1% TDS on 50L Flat From June   OPINION Jobless growth is now official Curbing the insatiable desire for gold Rate Cut Today, So What… Current account deficit solution lies with Reserve Bank of India  KNOWLEDGE CENTER Rushing to Save Tax? Look Beyond Insurance at Other Options too 5 real estate traps to avoid What is Stagflation How fit are single premium plans to address your needs? Soon, when you switch jobs, PF number will remain the same Budget 2013: Tax for NRIs receiving royalties/ fees from India to go up