World stocks hold near 20-month highs |
- World stocks hold near 20-month highs
- Fiscal deficit likely to be contained at 5.3% of GDP
- India's forex reserves down by $1.5 bn
- CPI opposes disinvestment of profit making PSUs
- Greek parliament approves key tax legislation
- Week ahead: Make or break for Dalal Street
- Grocery and apparel emerge FDI retail favourites
- Gold, silver slip on subdued demand
- Sensex slips 120 points after 2 weeks of gains
| World stocks hold near 20-month highs Posted: 12 Jan 2013 04:52 PM PST The euro rose to its highest level since April against the dollar on Friday in the wake of encouraging remarks from the head of the European Central Bank, while an improving economic outlook held world stock prices near a 20-month high. 
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| Fiscal deficit likely to be contained at 5.3% of GDP Posted: 12 Jan 2013 02:05 PM PST Just ahead of the Union Budget for the next fiscal, top secretaries of the finance ministry asserted on Saturday that the fiscal deficit will be contained at 5.3% of the GDP. 
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| India's forex reserves down by $1.5 bn Posted: 12 Jan 2013 07:09 AM PST India's foreign exchange (forex) reserves decreased by $1.58 million to $294.99 billion for the week ended January 4, data released by the Reserve Bank of India (RBI) showed. 
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| CPI opposes disinvestment of profit making PSUs Posted: 12 Jan 2013 06:17 AM PST Opposing disinvestment of all profit making public sector undertakings including Nalco, CPI today said moves to offload 12.5 per cent share of the aluminium giant is nothing but a gradual process towards privatisation. 
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| Greek parliament approves key tax legislation Posted: 12 Jan 2013 05:24 AM PST Greece's parliament approved new tax legislation early Saturday aiming to boost state revenues by (euro) 2.3 billion ($3 billion) this year, under the bailout-dependent country's commitments to its international creditors. 
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| Week ahead: Make or break for Dalal Street Posted: 12 Jan 2013 05:08 AM PST The week ahead will keep India Inc and Dalal Street on their toes. Bellwethers like RIL, TCSBSE 3.80 % and ITCBSE -2.63 % will declare their results, which will set the next direction for markets. 
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| Grocery and apparel emerge FDI retail favourites Posted: 12 Jan 2013 04:27 AM PST With mass grocery and apparel emerging as one of the fastest categories in organized retail today, these two segments are set to emerge favourites for FDI in retail. 
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| Gold, silver slip on subdued demand Posted: 12 Jan 2013 01:45 AM PST Gold prices fell at the domestic bullion market today due to poor demand from stockists amid sluggish local buying interest. 
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| Sensex slips 120 points after 2 weeks of gains Posted: 12 Jan 2013 01:31 AM PST The market moved downwards after a two-week of gaining string as wary investors opted to book profits after recent gains ahead of the start of corporate earning season amid tail-end weak macroeconomic factors. 
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