GoM Clears Controversial Land Acquisition Bill; Is Cabinet Reshuffle On The Cards?; CBI Files Chargesheet Against Sajjan Jindal & Former Karnataka CM; Sensex Down 135 Pts

Tuesday, Oct 16, 2012 LEAD STORIES GoM CLEARS CONTROVERSIAL LAND ACQUISITION BILL   Group of Ministers cleared the Controversial Land Acquisition Bill. The Land Bill is likely to be moved in the Winter Session of Parliament. read more IS CABINET RESHUFFLE ON THE CARDS?   Prime Minister Manmohan Singh today met President Pranab Mukherjee, triggering fresh speculation of a cabinet reshuffle. read more RIL DRAGS SENSEX DOWN 135 PTS TO THREE-WEEK LOW   Markets erased initial gains on heavy selling in RIL, L&T, Tata Motors amid speculation of a Cabinet reshuffle. Nifty down 39.25 pts at 5,648. read more CBI FILES CHARGESHEET AGAINST JINDAL, YEDDYURAPPA   CBI today filed chargesheet against former Karnataka CM BS Yeddyurappa & Sajjan Jindal, CEO, JSW Steels in illegal mining kickback case. read more TOP STORIES • From Jan 2013 no airport devpt fees at Mumbai, Delhi   • Citi CEO Vikram Pandit resigns, Corbat steps in   • Maruti's Alto 800 at Rs 2.4-3.5 lk; gets 10K pre-orders   • Kingfisher management convenes meeting tomorrow   • Suzlon's Rs 13K-cr debt: Lenders examine CDR option   • Depositories to get penal powers: SEBI   • K'taka, Kotak, ICICI banks deny reports on takeover   • GM increases stake in Indian arm to 93%   • Govt denotifies Adani SEZ, company to reapply   • A2Z Maintenance dips after Jhunjhunwala resigns   • Rupee snaps two-day fall, up 14 paise at 52.87/$   • Gold falls for 3rd day; down Rs 255 on global cues   • Emergency oil stock storages face a year's delay   • Essar Ports Q2 beats street, net up 97% to Rs 80.5 cr   • Tata Motors launches petrol, diesel version of Manza   • 5 reasons why Gujarat is different from others: CLSA   • SC lifts ban on tiger tourism in core sanctuary areas   • IAS officer probing Robert Vadra deal transferred   • European car sales dive 10.8% in Sept; 12-mth in row   • A website to update about space radiation hazards   more stories TOP VIDEOS FIIs Are Positive On India As Govt Is Moving In Right Direction. See China, India, Russia Leading Recovery In 2013: Richard Titherington, CIO - EM Equity, JPMorgan AMC   I See Room For Monetary Easing; I Am Concerned About Exports Slowdown: Saumitra Chaudhuri, Member, Planning Commission   India Is A Disaster. Massive Inflation, Massive Balance Of Trad e Problems. The Only People Bullish On India Are People Who Haven't Been To India Or Tried To Drive Across: Jim Rogers, Chairman, Roger Holdings   The Uncertainty Risk Associated With The Fiscal Cliff, And The Debt Ceiling, Is Going To Increase As We Get Closer To Year End: Christine Lagarde, Managing Director, IMF   AT A GLANCE BSE 18577.7 -135.85 NSE 5648 -39.25 TURNOVER Rs. 185,557 cr BSE CASH Rs. 2,879 cr NSE CASH Rs. 10,627 cr NSE F&O Rs. 144,937 cr BULLION GOLD 31032 +55 SILVER 60143 +184 CRUDE NYMEX 91.77 -0.08 BRENT 115.03 -0.77 FOREX $ / Re 52.87 -0.15 £ / Re 85.078 -0.05 € / Re 68.842 +0.26 EVENTS TO WATCH 17 October Second Presidential Debate: U.S. President Barack Obama vs Republican challenger Mitt Romney At 6:30 am Q2 Earnings: HCL Technologies, BPL, Infotech Enterprises 18 October Q2 Earnings: Motilal Oswal, Hindustan Zinc, Everest Industries, Dish TV, Ambuja Cement, ACC 19 October 4th HR Leadership Conclave, The Trident, Mumbai 22 October FM To Meet Sushil Modi, Chairman, Empowered Committee of State FM To Clear GST Passage 26 October Microsoft To Launch Windows 8

"Monetary policy has to be in tandem with the fiscal policy. It has to be a joint venture. It is not a solo play. Fiscal deficit is one major concern in the macroeconomic scenario so that has to be handled ... Supply-side response is also needed for inflation management." H.R. Khan Deputy Governor, RBI "You have a problem of high unemployment especially among the youth -- growing inequalities and low growth -- and in some cases contracting growth. Like the James Bond cocktail -- when you shake together and do not stir -- you have a very, very dangerous combination. Five years on (after the onset of the global financial crisis), it is still ongoing." Angel Gurria Chief, OECD (Ahead of 2nd Presidential Debate)"These days Mitt Romney is for what you are for. Suddenly he loves the middle-class and can't stop talking enough about them. He loves medi-care. He loves teachers. He even loves the most important parts of Obamacare. What happened?" Barack Obama President, U.S.

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Indianomics with Bimal Jalan   The financial sector legislative reforms commission wants to merge SEBI, IRDA and PFRDA into one; clip RBI's powers over capital controls & debt management and give it stiff inflation targets. Bimal Jalan, former Governor and winner of CNBC-TV18's honor for lifetime contribution to the financial sector speaks on the recommendations to Indianomics. SHOW TIMINGS Sat 10:30 am & 10:30 pm Sun 11 am