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INDUSTRY & ECONOMY

REGULATORY BODIES & RULINGS: Smart domestic investors see value in falling market: Bhave
‘No evidence of any market manipulation so far’. New Delhi, Nov. 22 “If you think that Indian investors don’t have money or are running away from the market (capital market), think again”, said the SEBI Chairman, ...

EVENTS: Aviation fuel may become ‘declared goods’ by year-end
Domestic fares likely to drop in New Year: Praful. New Delhi, Nov. 22 The Government hopes to be able to accord ‘declared goods’ status to aviation turbine fuel (ATF) being supplied to large commercial aircraft operated by domestic ...

SOCIAL SECURITY: Pension fund managers shun market
Invest less than 1% of New Pension Scheme corpus in equities. Mumbai, Nov. 22 The fund managers of the New Pension Scheme for government employees appear to be prudent as they invested only less than one per cent of their total corpus in the ...

REAL ESTATE & CONSTRUCTION: Crunch time for players, opportunity for buyers
While we have been living with the credit squeeze for several quarters now, September was a bizarre month in the global financial markets, with every day bringing one financial catastrophe after another. A number of global financial ...

REAL ESTATE & CONSTRUCTION: Fast growing retail markets
India has six of the 10 fastest growing retail markets in Asia, with Linking Road in Mumbai the most expensive retail high street in India, according to ‘Main Streets Across the World’, an annual report by Cushman ...

HCV/LCV/TRACTORS: ‘No fall in resale value of commercial vehicles’
Chennai, Nov. 22 Shriram Transport Finance Company, the country’s largest financier of used truck purchases, says there has been no fall in the resale value of ...

REAL ESTATE & CONSTRUCTION: MMRDA takes ‘rental’ route to development
Looking for partners to develop Bandra-Kurla land. Mumbai, Nov. 22 The famed Bandra-Kurla land auctions are a thing of the past and the nodal agency, which auctioned a square metre for a record Rs 5.04 lakh last November, is now looking for ...

ANTI-DUMPING: Ministry initiates dumping probe into pesticide ingredient from China
New Delhi, Nov 22 The designated authority in the Commerce Ministry has initiated anti-dumping investigation into imported intermediate for pesticide, diethyl thio phosphoryl chloride from China, following a complaint from the domestic ...

EVENTS: Weekly News Round-up
In yet another set of measures to further boost liquidity and enhance credit flow, the Reserve Bank of India eased prudential norms for banks' exposure to sensitive sectors such as the capital market and commercial ...

SSI: Call for more credit to micro, small units
Chennai, Nov. 22 The micro, small and medium enterprises sector is peeved over what it sees as “step-motherly treatment” by the Government and the RBI. The complaint mainly relates to the authorities not making specific measures ...

REAL ESTATE & CONSTRUCTION: `Slowdown a boon for home buyers'
...

VENTURE CAPITAL: DFJ to focus on capital efficient business
Hyderabad, Nov. 22 If you have a good idea, it is perhaps a great time to attract some sound money from private equity /venture ...

EMPLOYMENT: India still insulated from global job cuts
For those who assumed that the current global crisis is restricted to banks and ‘financial world’ alone, here is a rude ...

STEEL: Iron ore — from strong to weak
January to July this year saw the prices of most metals touch new highs, with iron ore being no exception. Among the most widely used raw materials in the world, iron ore saw an unprecedented surge in demand in the run-up to the Chinese ...






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Markets (Nov 22)
Nifty (as on Nov 21)2693.45(+140.30)
US Dollar (Buy/Sell)50.02/03
Brent crude (a bbl) Rs2,373
Gold (a gram) Rs1,186
Silver (a kg) Rs17,220


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In Focus
Pravasi Bharatiya Divas, Singapore

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Ministry initiates dumping probe into pesticide ingredient from China

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Nov. 16-Nov. 22
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