Archive for the ‘Politics’ Category

RBI, Monetary Projections And Indian Economy

Hello Friends, Just an extension of our previous blog ”RBI And Its Policies – Part 1″. In this Blog we would touch upon the aspects as that of Monetary projection from RBI, assessment of economy scenario at present and relevance of RBI policy on economy. Monetary projection: For policy purposes, money supply (M3) growth for [...]

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NEWS CAPSULES

Hello Friends, Last week witnessed lots of action with results of some major companies coupled with the RBI’s monetary policy. Moreover, Week gone by, Indian markets turned distinctly weak as a sluggish global trend continued to cast a shadow on markets. Having said that here we bring you latest updates from the Indian market and [...]

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Centre To Go Ahead With PSUs Disinvestment :)

While efforts will be made to recover loss-making units, the Centre will go ahead with the disinvestment in public sector undertakings (PSUs) stated Prime Minister Manmohan Singh. However, this is said : -  to unlock the true value of a company, – improves its corporate governance standards and – also help it in raising resources [...]

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Indian Govt to Negatiote with Swiss Banks over Secret Black Money Info !

A day after Swiss banks said it will not allow India to ‘fish’ for details about illegal money stashed in their banks, Government Monday night said it was not interested in getting information on all secret accounts held by Indians but will pursue specific cases. Union Finance Minster Pranab Mukherjee on Monday said the Indian [...]

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BJP action against Jaswant Singh

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Tax relief likely to boost commodity trading

Growth in commodity trading over equity trading has been evident in recent years. Some market observers said removing tax on commodities trading, while retaining tax on securities transactions, may accelerate growth. Jagannadham Thunuguntla, equity head of SMC Capital, said the Budget proposal could turn the focus of traders and arbitrageurs to commodities from equities. This [...]

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Monthly income funds back with a bang, payouts grow

The turnaround in the capital market since early March has come as a boon for monthly income plans (MIPs) of mutual funds. Buoyed by rising indices and consequent improvement of their net asset values (NAV), MIPs have resumed giving healthy dividend. MIPs are hybrid products that invest a portion of the portfolio in equities that [...]

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KEY FEATURES OF BUDGET 2009-2010

CHALLENGES To lead economy to high GDP growth rate of 9 per cent per annum at the earliest • To deepen and broaden the agenda for inclusive development to improve delivery mechanisms of the government. OVERVIEW OF THE ECONOMY • Growth rate of Gross Domestic Product dipped from an average of over 9 per cent [...]

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PSU index outperforms peers on Budget expectations

Shares of public sector companies outperformed private sector firms last week, riding on expectations from the Union Budget, in spite of the broad market remaining jittery ahead of the event. The Bombay Stock Exchange’s public sector undertaking (PSU) index gave best returns among the dozen other sectoral indices during the week ended July 5, in [...]

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Railway Budget focuses on passengers amenities, new trains introduced :)

Railway Minister Mamata Banerjee started presenting 15th rail budget for the 2009-10 with the promise of attending the concerns of average passengers. This is her first rail budget for the United Progressive Alliance (UPA) government and third in her political career Some of the key highlights of her ministry”s budget are: 50 stations to be [...]

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