Tuesday, August 11, 2009

NEWS @ 11-08-2009

Obama Will Be Crushed Under A Mountain Of Debt -- Niall Ferguson

The public intuitively knows that debt is bad, Ferguson says--perhaps because consumers now have it coming out of their ears. This is why so many Americans disapprove of Obama's handling of the economy ...

Elizabeth Warren: The Toxic Asset Problem Hasn't Gone Away

The TARP never removed them from bank balance sheets, the underlying health of the securities hasn't improved, and there's still a big dispute over how much they're worth ...

Oil rises following Chinese data

Oil edged up to more than $71 on Tuesday after recording three days of falls. The rise was driven by figures showing record Chinese oil imports and refinery production which offset a mixed set of economic data ...

Chinese Economy shows improvement

China's economy has shown signs of improvement, with the annual growth rates of both industrial output and retail sales rising last month ...

Paddy acreage lower than last year: Govt

India's rice production, hit by erratic monsoon, is facing another crisis with official data revealing that acreage of paddy is lower than last year. "Acreage of paddy and oilseeds is lower," an agriculture ministry statement ...

With the swine flu scare gripping the world, especially India, experts are trying to figure out the economic impact that a widespread swine flu epidemic might have on the economy and the markets ...

In the next two or three years, India is slated to be the largest borrower from the US Export-Import Bank (US Exim Bank), according to Mr Raymond J. Ellis, Vice-President, Strategic Initiatives Division, US Exim Bank ...

am unhappy with the slow progress in dealing with the crisis in America, and in Europe to a lesser extent. The two reasons why the markets are not opening up despite the massive cash injection and the promises ...

Economist C Rangarajan was appointed on Tuesday chairman of the Prime Minister's Economic dvisory Council following which he resigned his membership of the Rajya Sabha ...

July automobile sales released by the Society of Indian Automobile Manufacturers (Siam) show a growth of 20.8 per cent over the same month last year, the highest such rise till now for the current financial year ...

Mundra Port and Special Economic Zone Ltd, India's largest private port and special economic zone, on Monday announced that a consortium led by it has won the bid for the development ...

Read more: http://www.stockwatch.in/mundra-port-consortium-pockets-mormugao-project-23089#ixzz0NsgQ2GQA

The part of the Ambani family memorandum of understanding that divides the gas found by Reliance Industries [ Get Quote ] between brothers Mukesh and Anil group firms is against public interest ...

In the face of Oil Minister's comment that RIL gas to NTPC could be given at a government- approved price, the state-owned power major today said it will continue to fight legally for the fuel's contracted price ...

Tata Steel said on Tuesday it has reduced prices of some of its products primarily consumed by the construction sector by up to Rs 1,500 per tonne in view of the prevailing market scenario ...

The tremendous growth of India's economy over the last decade has put more money in the pockets of the country's middle class, prompting retailers to target this group of consumers.

No comments:

Post a Comment

xe.com  Universal Currency Converter ®
Convert this amount
of this type of currency
into this type of currency.

enter any amount

scroll down to see more currencies

scroll down to see more currencies
Universal Currency Converter under license from XE.com. Terms of Use

About Me

DISCLAIMER

All opinions are based on my technical study; however, I do not vouch for the accuracy or the completeness of the matter. I am not liable for any potential damages that may be incurred while acting upon any information mentioned in this report. The views expressed are not of binding nature. The report is intended for a restricted audience & I am not soliciting any action based on it. Please exercise discretion and due diligence in making your decisions. Investments in Capital Markets are not my obligation or guarantee and are subject to investment risks. In no event will I be liable for any damages, including without limitation direct or indirect, special, incidental or consequential damages, losses or expenses arising in connection with this report or use thereof or inability to use by any party, or in connection with any failure of performance, error, omission, interruption, defect, delay in operation even if I am thereof, advised of the possibility of such damages, losses or expenses.