Financial Coffee

(Please click on the Newspaper link to read the full article)   INDIAN ECONOMY Govt to Make Life Less Difficult for Single-brand Retailers Policy soon for drug approval, clinical trials Repo rate cut not enough, complementary actions needed: C Rangarajan  INTERNATIONAL ECONOMY N.Z. Grows at Fastest Pace in 3 Years on Christchurch Work Fed Officials Trim Forecasts for 2013, 2014 Jobless Rate China Manufacturing Rebounds in Sign of Sustained Recovery Fed Maintains $85 Billion Pace of Monthly Asset Purchases Japan Posts Longest Run of Trade Deficits in Three Decades  EQUITY MARKET PEs set sight on housing finance companies Markets extend losses post DMK exit Steel Authprity of India Limited Offer Okayed, to Hit Mkt on Mar 22   DEBT MARKET Banks mop up deposits worth Rs 1 lakh cr Road to loan recovery tough for banks Investors not Keen to Bond with Infra Cos Despite Sops Japan’s Yield Drops to 10-Year Low  Treasuries Remain Lower Before U.S. Home Data as Fed Stimulates COMMODITIES Gold Use in India Gaining May Weaken Attempt to Curb Deficit Gold seen range-bound; forex movements may hold key  FOREX Rupee snaps 2-day losing string, up at 54.37 Pound Strengthens as Osborne Retains BOE’s 2% Inflation Target Euro Rises as Cyprus Seeks Alternatives to EU Plan Ruble Gains Most in More Than Two Months on Crude, Tax Payments Yen Halts Fall Versus Dollar After Japan’s Trade Deficit Shrinks   MUTUAL FUNDS India gold ETF sales fall as investors cut allocations in Soros' wake MFs to be colour-coded to indicate risk Gilt funds may not be the best choice despite rate cuts MFs fear losing assets if 3-day deposit scheme comes true INSURANCE Insurers roll out schemes to check agent attrition LIC to end FY13 with high profits from share sale 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 Is Preferential Market Access justified? Nitin Desai:- Is the worst over?  KNOWLEDGE CENTER Rushing to Save Tax? Look Beyond Insurance at Other Options too Turn your investment dreams into reality Take RBI Cue, But no Need to Churn Your Portfolio Yet 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