Fwd: Today's Exclusives - RBI hikes repo, reverse repo rates by 25 basis points

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From: Moneylife <noreply@moneylife.in>
Date: Tue, Oct 25, 2011 at 6:37 PM
Subject: Today's Exclusives - RBI hikes repo, reverse repo rates by 25 basis points
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25 October 2011   Moneylife Exclusive RBI hikes repo, reverse repo rates by 25 basis points Moneylife Digital Team "Changing the policy stance when inflation is still far above the tolerance level entails risks to the credibility of the Reserve Bank's commitment to low and stable inflation," the apex bank said in its policy review document...     Exclusive Column     The cacophony over discovery of 'unmarked graves' in north Kashmir: The Army should speak up and act Karan Kharb The civilian population in India is not informed enough about the restraints, risks and operational necessities through which troops function. Despite these constraints, our forces have always been prompt by coming down hard on officers who have been convicted of misdemeanours. The Army should announce an impartial probe into the Kashmir episode—that'll take the wind out of the sails of those crying foul...       Other ML Exclusives   'Muhurat' trading: What does history have to say? This auspicious occasion has seen good buying—the Sensex has gained 1% (or more) on 13 out of the past 15 occasions. Last year saw the index at an all-time high of 21,004 points. But the next trading day has not lit up the index—the Sensex has closed on a negative note on 10 out of the last 15 trading sessions of the next day... ............................................................................................................................................. FMCG companies reduce quantity in offerings, without lowering price As input costs are constantly rising, consumer goods manufacturers are amending packaging and reducing quantities—so that they can keep their sales price constant. Unlike developed economies, the price per weight (any unit) is not displayed, only the MRP is imprinted on packages... .............................................................................................................................................. Daily Market Report: Share prices on short uptrend Nifty may hit 5,320 in the short-term... .............................................................................................................................................. Loose fiscal policy main culprit behind high inflationary pressures, says study The central bank has already hiked the repo rate by 375 basis points (bps) from the bottom, and it is loose fiscal policy that is the main culprit behind high inflationary pressures, says the research firm... .............................................................................................................................................. Wine as Diwali gift? It's better than a box of chocolate Wine experts say the trend to gift wine is catching on in India, good news for the sector which has not reported good sales over the past two years... .............................................................................................................................................. Eclerx Services: Right Click Expanding services & increasing penetration across verticals... .............................................................................................................................................. MFI savings mobilisation: Should they get an okay for tapping into public deposits and low-income clients? MFIs should not garner deposits from low-income customers. The RBI, which will become the sole Indian microfinance regulator, also feels so—and there are a number of facts that support the apex bank's view... .............................................................................................................................................. Royal Life, an MLM company, used Kerala CM's photograph to lure people The company had a typical MLM business model and claimed income after one became a distributor; it used Oommen Chandy's picture, taken during a casual meet, to attract prospects... .............................................................................................................................................. Crop comes a Cropper: Corn Job Making fuel from ethanol based on corn consumes more energy than it produces... ............................................................................................................................................. Personal finance today - Birla Sun Life MF floats Fixed Term Plan-Series DR - ICICI Pru MF launches 3 years fixed maturity plan - IDFC Mutual Fund unveils 18 months fixed maturity plan   ON STANDS NOW At a Glance   - RBI rate hike to have some impact on growth: FM - Cabinet approves 1% interest subsidy for home loans of up to Rs15 lakh - Government clears manufacturing policy - Airport tribunal directs AERA not to implement new tariffs - NSE trades gold ETFs worth record Rs636 crore on Dhanteras   Corporate Wrap-up   - Mahindra Finance Q2 net profit rises 17% to Rs136 crore - NTPC's Q2 net profit increases by 15.03% - Akzo Nobel India Q2 net profit declines 28% to Rs263 million Moneylife Columns     Corporate Accounts: Accounting substandard R Balakrishnan Companies are able to hide more than they reveal and auditors are strangely comfortable with that...     MFIN-NCAER study: Here's the proof that microfinance agents are thriving in Tamil Nadu Ramesh S Arunachalam The MFIN-sponsored NCAER study has acknowledged the role that microfinance agents are playing in places like Hyderabad and Jaipur. Curiously, Chennai does not find a mention in this study. Here's some concrete evidence to the contrary...       Face 2 Face   "We should have freedom to offer highest NAV ULIP" Deepak Sood, MD & CEO, Future Generali India Life Insurance Co Ltd...   Editor's Pick   A live report on the EU debt-crisis talks Italy is a hot potato; the UK feels any euro-zone rescue plan is just buying time. ...................................................................................................................................................... Congress throws out Obama jobs plan The President will now try a 'new economic' drive. ...................................................................................................................................................... Greek rescue: Banks are not happy Obviously, nobody wants losses on Greek bonds. ...................................................................................................................................................... What will happen to the US if the EU talks fail? All hell will break loose, says this analyst. ...................................................................................................................................................... If China falls, the world will follow Malaysia, Singapore, South Korea, Taiwan and Hong Kong will be hit hard. And the global fallout would be catastrophic. ...................................................................................................................................................... Cartoon of the week 'Better Red than dead' is the new tune being played out.     Book Review   The Little Book of Trading: Traders' Tales Debashis Basu A disappointing collection of traders' profiles...   FROM the ARCHIVES   IPO manipulation continues, recent offerings exhibit extreme volatility and five out of seven IPOs listed in October hit their extremes today The IPO market has again become a happy hunting ground for manipulators. Out of the seven offerings (most graded with 'below average' fundamentals) listed this month, three hit their all-time lows today, while two others hit their all-time highs. When will the powers-that-be step in? ...................................................................................................................................................... 'Adarsh' of Vishakhapatnam: AP bigwigs busy gobbling up huge tracts of land below market value in notified areas Former senior bureaucrat EAS Sarma urges MoEF to take action, or says that concerned files may disappear. He has also filed an RTI application. These environmental violations have taken place in coastal regulation zones, but 'deemed' permission has been obtained from authorities...     To subscribe to this free newsletter log on to www.moneylife.in or email us at newsletter@moneylife.in To get FREE updates via sms click here.

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