Financial Coffee

Economy

• FY13 indirect tax mop-up exceeds target
• Rejig of FDI policy in offing
• Bullish India Pitches For Ratings Upgrade With S&P
• Fraud Fallout Post Saradha, Fund Cos Under Pressure

Mutual Funds

• Taxman sends notices to MFs on securitised product income
• India Funds & ETFs Pulled Out $1.2 b in March Quarter
• Local MFs back in asset growth

International Trends

• China’s Politburo Warns on Financial Risks as Recovery Falters
• Japan’s Bigger Price Decline Shows Size of Kuroda Task: Economy
• UK avoids recession with faster than expected growth
• US jobless claims fall, labour market recovery advances

Equity Market

• Sensex's FY14 earnings under risk on growth worries
• Parliamentary panel again says phase out STT
• PEs Demand Guarantee on Returns, Exit Rights
• Market Surges as Traders Roll Over Bets Ahead of RBI Policy
• After Jet Equity, Etihad Now Wants Its Pound of Flesh

Debt Market

• Pension products not on a par with NPS, say insurers
• Banks mull CD curve for term money market
• US Treasuries Rally Most in Nine Months on Slowing Growth
• Retail investors' wait for inflation-indexed bonds gets longer

Real Estate

• Property prices in Delhi-NCR up 20% over 2012
• Stretched Buyers Learn to Feel at Home in 1-BHKs

Insurance

• ‘Curbing insurance mis-selling a priority’
• Insurance reach abysmally low, says Chidambaram
• Can you rely on free insurance?
• Insurers with bank partners have seen growth: G Murlidhar, Managing Director, Kotak Mahindra Old Mutual Life Insurance

Forex

• Pound Gains Most Since July as U.K. Avoids Recession; Gilts Fall
• Yen Climbs Against Peers Before BOJ Decision; N.Z. Dollar Gains
• Rupee gains on hopes of renewed foreign inflows

Commodities

• WTI Crude Declines to Pare Biggest Weekly Advance Since June
• Texas U. Sold $375 Million in Gold Bars; Exposure Steady
• Gold Advances to Highest Since Rout, Set for Best Week Since ’11
• U.S Mint Sales of Gold Coins at 3-Year High as Prices Drop

Opinion

• Cannot defend this lacklustre policy,R. SUNDARAM
• A world of negative real rates,Akash Prakash
• Asset price inflation could be next bubble to burst: Nouriel Roubini,US economist
• A yen for profit,Antony Currie

Knowledge Center

• Insuring Your Home, Valuables may be as Important as Housing debt Cover
• How to avoid TDS
• Have Some Cash to Spare? Look at Short-term Bank FDs
• Check the tax efficiency of your salary