Greek Political Leaders Agree On Bailout Reforms | Sensex Up 123 Pts

Thursday, Feb 09, 2012 GREEK LEADERS AGREE ON BAILOUT REFORMS   Greek political leaders have clinched a deal on austerity measures needed to secure a bailout to keep the country afloat, two government sources said on Thursday. read more   LEAD STORIES EXPORTS UP 10%, IMPORTS GROW BY 20% IN JAN   January exports rose 10.1% to $25.4 bn while imports rose 20.3% to $40.1 bn, leaving a trade deficit of $14.7 bn. read more SENSEX UP 123 PTS IN LATE BUYING AMID FIRM EUROPEAN MKTS   Markets bounced back on positive cues from European peers boosted sentiments. Sensex closed at 17,830.75.Nifty was up 44.20 at 5,412.35 points. read more DTC: HOUSE PANEL SUGGESTS CHANGES IN TAX SLABS & RATES   The Standing Committee on Finance headed by Yashwant Sinha is expected to meet on Friday to consider & adopt its recommendations on the proposed DTC. read more TATA STEEL POSTS Q3 NET LOSS OF RS 603 CR   Tata Steel posted its first quarterly net loss of Rs 603 cr in more than two years, hit by higher raw material costs and weak prices in Europe. read more TOP STORIES • After 29 yrs, Maruti's sales crosses 1 crore mark   • 2G order: PM to meet Pranab, Khurshid, Sibal   • 2G: Essar, Loop move SC against trial before CBI court   • Etisalat writes off $820 mn against India operations   • Gold loan growth pace worries RBI   • Insider trading in Manappuram before RBI ban?   • Rupee falls by 35 paise at Rs 49.50 against dollar   • MTS offers new tariffs, unmoved by SC ruling   • Sahara launches construction JV with Turner   • Tax on diesel cars will be retrograde: M&M   • Deutsche Bank exits Lodha Builders, gains Rs 900 cr   • Flipkart buys rival Letsbuy.com for $20-$25 mn   • Govt nod for JVs by defence PSUs   • HPCL Q3 profit zooms 13-fold to Rs 2,725 cr   • Amitabh Bachchan to undergo surgery   • Sunil Gavaskar inducted into ICC Hall of Fame   • Court rejects plea for FIR against Anna, team   • PepsiCo to cut 8,700 jobs, invest in brands   • U.S. slowdown fears fade as economy shows muscle   • Zuckerberg's salary $500,000 plus 45% target bonus pa   more stories TOP VIDEOS Disorderly Default In Greece Will Trigger A Credit Event Globally, Debt Markets Remain More Skeptical Than Equity Markets: Alastair Newton, Sr Political Analyst, Nomura I'nal plc   Narendra Modi Has The Potential To Be PM, He Is One Of BJP's Choice In 2014 Elections: Nitin Gadkari, President, BJP   Downturns Are Always Good For M&As Because There Is A Need For Consolidation And Cost Cutting: Harish HV, Partner - Corporate Finance, Grant Thornton   AT A GLANCE BSE 17830.75 +123.43 NSE 5412.35 +44.2 TURNOVER Rs. 131,646 cr BSE CASH Rs. 3,298 cr NSE CASH Rs. 15,772 cr NSE F&O Rs. 112,576 cr BULLION GOLD 28481 +305 SILVER 57510 +689 CRUDE NYMEX 99.66 +0.95 BRENT 118.16 +0.96 FOREX $ / Re 49.5 +0.35 £ / Re 78.271 +0.67 € / Re 65.588 +0.54 EVENTS TO WATCH 10 February SC To Hear Army Chief Age Row Case, New Delhi 11th India-EU Summit, New Delhi Panel Discussion On The Book 'A Critical Decade' â€" Policies For India's Development' Organized By Oxford University Press In Collaboration With Indian Economic Service, New Delhi 11 February National Conference On Corporate Growth, Governance And Inclusion By PHD Chamber, New Delhi 14 February EGoM Headed By Finance Minister To Meet On Natural Gas Allocation Policy EXPERT VIEWS (On Trade deficit hitting $14.7 bn) "I think for 2012-13, as I said it last month, I say it again, it is going to be difficult as 2011-12 was difficult. I think 2012-13 is going to be harder, as always, I think if we manage to get to even 20% growth this year, it will be pretty good..." Rahul Khullar Commerce Secretary "Inflation is likely to stay above 2% for several months to come before declining to below 2%. The economic outlook remains subject to high uncertainty and downside risk... The idea that the ECB could actually give money to the program would violate the provision of monetary financing..." Mario Draghi President, European Central Bank "The Home Minister has pledged (I will be) the first former president to spend all my life in jail." Mohamed Nasheed Former President, Maldives WATCH OUT   Traders Only   For some people, markets are all about trading. Fastest finger first wins. For these winners, comes CNBC-TV18's new offering TRADERS ONLY. Packed with short- term profit making ideas from India's best trading experts, so that you can make money, everyday. SHOW TIMINGS Weekdays 10:30am