Month: November 2013
Innovative Financial Management (IFM) Pvt. Ltd achieved the award with support and goodwill of their clients. Here is the link with award results on CNBC website: http://www.faa.moneycontrol.com/
CNBC.com | Friday, 29 Nov 2013 | 7:00 AM ET India’s economy grew by 4.8 percent in the third quarter year-on-year, narrowly beating analysts’ forecasts. Economists polled by Reuters had estimated the BRIC country grew by 4.6 percent between July and September. Moody’s Analytics had forecast 4.5 percent growth. (CNBC Explains: BRICs) India’s growth has disappointed in […]
By Rich Miller – Nov 26, 2013 Federal Reserve Chairman Ben S. Bernanke and his colleagues are suffering through their own form of cognitive dissonance: revealing new concerns about the economy’s long-term prospects even as they forecast faster growth in 2014. Worker productivity, a key component of an economy’s health, has risen at an annual clip of 1 percent during […]
Sensex closed at 20217.39, a fall of 182 points as compared to a fall of 267 points in the previous week. In the weekly chart below, we see that Sensex has, for the second week in a row, found support at the upper boundary of the rectangular trading range ABCD. This week’s bar is negative […]
With relaxation in FDI norms to boost investor sentiments, India has emerged as the most attractive investment destination surpassing neighbouring China and the US, says a report. The global survey of leading consultancy firm Ernst and Young (EY) has ranked India as the most attractive investment destination followed by Brazil and China at second and […]
By Himank Sharma MUMBAI (Reuters) – In a year when Indian shares have hit record highs, the country’s embattled fund managers are headed for a milestone of their own: their worst performance since the global financial crisis in 2008. The poor showing comes at a bad time for an industry already under pressure from a […]
By Manoj Kumar and Nidhi Verma NEW DELHI (Reuters) – India is preparing to lobby major trading partners including Japan, Iraq and Venezuela to accept rupee payments for some of their exports, one of a series of moves to stabilise the volatile currency and make it more globally acceptable. Restrictions on large transactions of […]
By Jeanette Rodrigues and Yudith Ho – Nov 20, 2013 Barclays Plc and SEB AB favor Indian assets over Indonesian, as policy makers use a delay in tapering of U.S. stimulus to repair the nation’s finances. The extra cost of protecting bonds of State Bank of India, a proxy for the sovereign, over those of […]
The impressive rally witnessed by Nifty in all likelihood will continue and the index may even see levels higher than 6350 in 2014, says Dhiren Sarin, Director of Technical Strategy of Barclays. Getting overtly bullish, he said Nifty can target 7000 if it crosses 6350 provided global conditions support. In the near-term, 6000 remains a […]
By: James Crabtree, Lionel Barber and Victor Mallet Financial Times | Monday, 18 Nov 2013 | 9:02 PM ET India’s central bank governor, Raghuram Rajan, has promised to carry out a “dramatic remaking” of the country’s banking sector as he seeks to introduce a new era of competition in Asia’s third-largest economy. The recently-appointed head […]
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