Confused and intimidated by the amount of news hurtling at you everyday? Well, to make your life easier, here’s a quick round-up of the major local and international business and economic news events.
It was a remarkable year for Indian business. Safe to say, it had its fair share of ups and downs. Some companies made headlines for all the wrong reasons (DLF), while others won praise for their accomplishments (Flipkart). Here are India’s top business newsmakers this year.
In the new rights-based entitlement economy that the Congress-led UPA is building, we have big money being spent on schemes to ensure rural jobs, food security, education, next - universal health coverage. But the same concern is generally not seen for housing. Read more .
[caption id=“attachment_163421” align=“alignleft” width=“380” caption=“The drop is merely a seasonal effect as prices of vegetables are generally cheaper in winter. AFP”]  [/caption]
The year started with a bang and ended with less than a whimper. That is true for the Indian economy as well as for the real estate business in India. Though demand might not improve drastically, here is why, Indian realty space might go more friendly to consumers in the new year.
Food inflation fell sharply to a near four-year low of 1.81 percent for the week ended 10 December, as prices of essential items like vegetables and wheat declined. But don’t start grinning as yet. The drop is merely a seasonal effect as prices of vegetables are generally cheaper in winter. Here is the story .
Impact Shorts
More ShortsThe sharp 25 percent correction in the markets is a tempting offer to dive in. And, with a large number of stocks now trading close to their March 2009 price-to-earnings multiples, the prices seem just too attractive to pass by. Hold on. Be warned as India is still trading at a premium. Here is why .
A nightmare. Nothing else better describes how 2011 turned out for Indian companies that hoped to raise funds through the capital markets. Turbulent markets and a pessimistic outlook forced several companies to put their fund-raising plans on hold. Here is how Indian Inc has few funding options left now.
At a time when the market is trading near its two-year low, it takes a stock with very strong fundamentals to touch life-time high. Hindustan Unilever Ltd (HUL) is one such gem. The company has touched an all-time high of Rs 411.80 and continues to be on the buy list of most broking houses. Find out why .
Coming down heavily on operators for violating licence norms, the Telecom Ministry has asked service providers to discontinue their 3G roaming agreements and is also contemplating imposing penalty on them. Read more .
Why did Moody’s upgrade the Indian government’s rupee-denominated debt ratings from junk to investment grade? Especially when the economy is going steadily downhill? Here is our take on it.
The Indian microfinance industry has been facing a tough time for quite sometime with all funding resources drying up. Faced with funding problems, the MFIs had to resort to fund raising measures like institutional placement. The Reserve Bank further went ahead and opened the External Commercial Borrowing (ECB) window for them to tap the markets. Read more on this.