Rupee continues its sluggish journey

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.

The Securities and Exchange Board of India is up from its slumber. It passed an order to bar 7 companies and their promoters for irregularities in IPOs, along with few other concerned merchant bankers, from approaching the capital markets till any further notices are served. But what happens to investors who have already lost their money? Is Sebi too late ?

Its that time of the year when you look at the best and the worst. Like in every thing else, markets too have their best and worst performing stocks. Firstpost ran a query on the top and worst-performing companies among the BSE 500 stocks.

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One prediction that can confidently make for calendar 2012 is that “austerity” will be the key word for nations, corporations and common people. For India too, it will not be any different. Read on .

The food inflation eased to 0.42 percent, its lowest in nearly six years at least, and fuel inflation slowed to 14.37 percent in the year to 17 December, government data on Thursday showed.

With food inflation declining well below one percent, to the lowest level since April 2006, Finance Minister Pranab Mukherjee today said the overall inflation would drop to 6 percent by March end.

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Indian companies can no longer count on dollar credit as a cheap funding alternative to expensive domestic borrowings. While surging interest rates at home had prompted many Indian companies to look offshore to raise dollars this year, risk-aversion among banks has pushed up the cost of offshore debt and made it scarce for all but the highest-rated borrowers. Here is the story .

Still using the same tired marketing tactics you were using five years ago? Those won’t work in luring young Indian consumers. It is time for your company to rise to the demands of the digital age. Here are some hot trends of marketing for 2012.

Talk about entering with a BANG…and that’s exactly what the NHAI (National Highway Authority of India) bonds did. Opening only yesterday the bonds seem to be disappearing off the shelves even before they get there. So what’s the hype all about ?

In recent weeks, thousands in farm belts from Maharashtra have been out on the streets, demanding the government hike support prices of farm commodities to match rising costs. Farm anger continues to remain a concern for Indian economy.

The rupee stayed weak on Thursday due to a sluggish local share market along with subdued global risk appetite ahead of an Italian debt auction, a key event which is expected to give cues on Europe’s economic outlook. Read more.