Global Stock reach new high and Gold fall continues - Financial Coffee

Economy

• NCAER pegs FY14 growth at 6.2%
• India's growth story is credible, govt tells Moody's
• Make Royalty the Basis for Sharing Profit by Coal Miners: House Panel
• Reforms Get Stuck in FDI Versus FII Fight 

Mutual Funds

• Mutual funds sell shares worth Rs 23,000 crore in FY13; highest in 12 years
• Equity MFs may have fared better in April

International Trends

• China Export Gains Top Forecasts as Imports Exceed Estimates
• Job Openings in the U.S. Drop From Almost Five-Year High
• Consumer Credit in U.S. Increases Less Than Forecast

Equity Market

• Global stocks hit new highs
• Investments via P-Notes slip to $27 bn in March
• Investing in a Turnaround Story Can Give Huge Returns, But...
• Foreign inflows lift sensex by 215 points

Debt Market

• Liquidity deficit again crosses Rs 100,000 cr
• 'High credit and low deposit growth can hit SBI's margins
• An Out-of-Kilter Repo Rate is Limiting the Policy Effect

Insurance

• IRDA Wants LIC in Energy Pool for Iran
• HDFC Life Keen to wipe Out Rivals
• Tax Sops Attract Black Money to Insurance

Forex

• Canadian Dollar Strengthens Third Day as RBA Lowers Target Rate
• Yen Holds Gains Amid Bets Recent Selling Overdone; Kiwi Declines
• Wheeler Selling Kiwi to Weaken World’s Best-Performing forex
•  Rupee snaps 3-day loss on inflows optimism

Commodities

• WTI Crude Little Changed After First Drop in Four Days on Supply
• Gold Drops for Third Day as SPDR Assets Shrink to Four-Year Low
• Copper at 3-wk high on economic optimism

Opinion

• Stoking inflation
• Choosing the next CAG right
• Reserve Bank Maintains Cautious Optimism :-SUNIL KAUSHAL,CEO, India & South Asia Standard Chartered Bank
• A Case for Inflation Targeting
• What are the Wages of Currency fight?

 Knowledge Center

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