GDP growth at 4.4%; PM blames world & Opposition

THE ECONOMIC TIMES Fri, Aug 30, 2013 | 07:00 PM IST

Q1 GDP grows slower than expected at 4.4% India's GDP grew at a slower than expected rate of 4.4% for the first quarter of the current financial year. This is ... Economic crisis: PM targets opposition, blames world "I do recognize there is a problem, it can be solved only if opposition recognizes its role, conduct in Parliament," ... Government raises import tariff value of gold to $461 per 10 grams Govt raised import tariff value of gold to $461 per ten grams & of silver to $803 per kg as prices of the precious me... Rupee ends at 65.70/71; posts biggest monthly fall in at least 18 years The rupee's 8.1% fall is likely the worst performance for the currency ever, but data beyond 1995 was not immediately...

FEATURED STORIES Financial crisis: Is Asia next? Probably not Why don’t we learn from financial crises? As Asian currencies fall and crisis strikes, we seem to be making the same ... read more Blog: We are slipping fast, blaming Greece won't help »  Meenakshi Natarajan: New voice of Rahul Gandhi »

Popular Stories Another Asian financial crisis to hit in next 12-18 months, there's no way FM can stop it now 1991 vs 2013: Sonia-Singh duo fails to strike a chord with rivals as Narasimha Rao did 22 years ago Rupee is quite undervalued, govt should focus on enhancing productivity: Mark Mobius FM’s frustration misplaced, wrong to blame QE for rupee’s ills: D Subbarao, RBI Governor

Government has lost the faith of both domestic & global investors due to wrong policies... Arun Jaitley ,Leader,BJP

Latest Updates Govt allows premature withdrawal of 8% taxable bonds Indian government has allowed premature withdrawal of investments in 8% taxable bonds which was a long time demand fr... JSPL share tanks over 9%; mcap dips by Rs 2,015 cr The stock was the worst performer among the blue-chips on both the key indices -- Sensex and Nifty.... Indian economy to grow at 5.5 pc in current fiscal: PM Prime Minister Manmohan Singh today said the economy is likely to expand by about 5.5% this fiscal, marginally higher... Weak rupee raises export competitiveness: PM PM sought to show the positive side of depreciating rupee saying it is good for the economy as it increases export co...

Market Watch 30 Aug | 07:00PM SENSEX 18619.72 â†' 218.68 NIFTY 5471.80 â†' 62.75 USD/INR 67.14 â†" -1.67 GOLD (Rs/10g.) 32755.00 â†" -895.00

MARKET NEWS TCS can become India's first company to reach US$ 100 bn in market cap: Brokerages According to the brokerage firms, TCS with $54 bn of m-cap is already the world's most valuable IT-services company b... Is it a right time to turn a buyer in Indian equities? Hold on, say analysts The market may have corrected from the recent highs but looking at the earnings expectations for FY14 & FY15, valuati...

Gainers Losers 30 Aug, 2013, 07:00PM IST, PTI|View All Company Name Live Price Change (%) Volume High Low Avance Technologies Ltd. 0.06 20.00 355052 0.06 0.05 Bharat Gears Ltd. 28.00 19.91 1599 28.00 27.00 APW President Systems Ltd. 91.50 18.83 216 91.50 76.00

FROM THE NEWSPAPER FM’s frustration misplaced, wrong to blame QE for rupee’s ills: D Subbarao, RBI Governor Subbarao laid bare his differences with FM, but predicted that one day the lawyer-turned-politician will thank the bu... Cyber-spying fallout: Govt may restrict usage of Google's Gmail for employees The move is intended to increase security of confidential government information after revelations of widespread cybe... Will votes follow for Congress after Lok Sabha approves food, land bills? The perceived populist appeal of the bill saw BJP seeking more stringent norms for acquiring land in the Lok Sabha.... India Inc CEOs reach out to 'rank and file' to tackle slowdown better Even in the throes of the country’s worst slowdown ever, honchos like Harsh Goenka and Nitin Paranjpe are intentional... Companies cut back on employee travel, freebies to tide over slowdown Corporate India is scaling back on staff perks from frequent travel and expensive hotel stay to offsites and freebies...

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Sensex ends 405 points up | Rupee posts biggest rise since 1998 & other stories

	Dated:29 August,2013

Sensex ends 405 points up; Nifty closes above 5,400 Gains in 30-share bluechip index were led by RIL, HDFC, ITC & TCS that jumped in 2-6% range as investors chased shares beaten down in recent bear run. Worried about rupee fall? Here are some stocks you can bet on BofA-ML is of the view that traders can look to offload positions in stocks like HUL, Adani Power, and NTPC. Why top-4 global brokerages are turning positive on India’s IT sector? Amid global uncertainty & sharp fall in rupee, analysts at Jefferies, CLSA, BofA & HSBC have upgraded their outlook on India’s IT sector. Views on Stocks/Markets Barclays sees over 23% upside in Tata Motors; upgrades to 'overweight' Go for hammered stocks as long-term India growth story is intact: HDFC MF If panic spreads on international front, oil & gas stocks best bet: CIMB India IPO/Global Markets Vodafone hits 12-yr high China shares end down Nikkei snaps losing streak Rupee / Gold Rupee ends 225 paise up at 66.55/$ Gold off record high, down Rs 1,575 BofA 'sees' rupee at 75 by end-2014 Market Round-up SENSEX 18401.04 404.89 NIFTY 5409.05 124.05 S&P500 1,634.96 4.48 NASDAQ 3,593.35 .00 USD/INR 67.9842 1.71 USD/INR 67.9842 1.71 NSE Gainers Scrip Price(Rs.) %Change PG Electroplast Ltd. 102.40 + 19.98 Indian Metals & Ferro All 228.70 + 19.02 Amtek India Ltd. 74.80 + 18.92 Muthoot Finance Ltd. 121.10 + 18.26 Suryalakshmi Cotton Mills 48.00 + 14.56 NSE Losers Scrip Price(Rs.) %Change Karuturi Global Ltd. 1.15 -17.86 Ravi Kumar Distilleries L 5.80 -11.45 Indo Count Industries Ltd 28.05 -9.52 Asian Granito India Ltd. 25.95 -8.79 Asian Electronics Ltd. 2.30 -8.00 More 'Market' News Is Murphy’s Law at play on D-Street, asks BofA-ML BofA-ML’s base case for the Sensex is that it will be range-bound between 18,500 to 20,500 levels. Rupee movement is key point for mkts. Is more upside left in Sesa Goa after 50% rally in one month? Sesa Goa has been on a tear in a bearish market. According to analysts, there is more upside left in the stock after its merger with Sterlite. RIL rallies over 5% on approval of $3.18-bn plan in KG-D6 block RIL rallied after the oil & gas major and its partner BP Plc won approval to invest $3.18 billion in R-Series gas field in the flagging KG-D6 block.