All Entries Tagged With: "india-"
Google Ranked World’s Most Attractive Employer
It’s a good bet that mailmen (and/or mail servers) are still delivering huge numbers of applications and resumes to Google.
RBI leaves interest rates steady to support growth
HONG KONG (MarketWatch) — The Reserve Bank of India left its lending rate as well as commercial banks’ cash reserve requirement unchanged Tuesday at 4.75% and 5% respectively, as expected, saying an accommodative monetary policy stance was required as the ongoing economic recovery was “fragile.” But the RBI sharply raised its wholesale-price inflation outlook to 6.5% by the end of March “with an upward bias,” compared with a 5% forecast earlier, conceding the upward risk to prices. The central bank raised the proportion of deposits banks must set aside in the form of government bonds, cash and gold by 1 percentage point to 25%, but said the move won’t have any impact on liquidity. The U.S. dollar was buying 46.80 rupees following the announcements, down from 46.97 rupees late in New York. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news
RBI leaves interest rates steady to support growth
HONG KONG (MarketWatch) — The Reserve Bank of India left its lending rate as well as commercial banks’ cash reserve requirement unchanged Tuesday at 4.75% and 5% respectively, as expected, saying an accommodative monetary policy stance was required as the ongoing economic recovery was “fragile.” But the RBI sharply raised its wholesale-price inflation outlook to 6.5% by the end of March “with an upward bias,” compared with a 5% forecast earlier, conceding the upward risk to prices. The central bank raised the proportion of deposits banks must set aside in the form of government bonds, cash and gold by 1 percentage point to 25%, but said the move won’t have any impact on liquidity. The U.S. dollar was buying 46.80 rupees following the announcements, down from 46.97 rupees late in New York. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Get quality oriented SEO services in India | ITVidya.com
A SEO service in India is very popular because of quality and professional services offered to its clients. Moreover the vendor’s get the same task done at very low cost compared to their native country. …
How Much Juice is Left in this Bear Market Rally?
Since it peaked in 2007, the UK stock market lost 60% of its value. As of yesterday, it had recovered half of what it had lost. All over the world, the story is about the same. Markets have recovered half or more of what they gave up. The US is a laggard. While the S&P is up 60%, the Dow isn’t yet at the halfway point. Some foreign markets, meanwhile, have 100% + gains.
Macro for Dummies
“He who goes a-borrowing, goes a-sorrowing.” The quote comes from Ben Franklin. But it was recalled to us neither by America’s president, nor Britain’s Prime Minister. Instead, the Telegraph in London reported it from the mouth of Cheng Siwei, a “top member of the Communist hierarchy.” What goes around comes around. The Anglo-Saxons have forgotten what makes a successful economy. The Chinese have remembered. Just look up Warren Harding on Wikipedia. The first entry you will find is not the 29th president of the United States of America, but a rock climber with the same name.
A Moment of Silence for Fallen Put Options
The S&P 500 Index jumped more than 1% yesterday – lifting the index to within a whisker of a new one-year high. So let’s have a moment of silence, please, for the millions of S&P Index put options that have died in vain… Thank you. As it turns out, not every sort of put option is perishing on the financial battlefield.
“Gently Used” Toxic Assets Looking for a New Home
US Treasury Secretary Timothy Geithner’s afraid to touch them… yet somehow less concerned about storing them on the nation’s balance sheet. Still, these toxic assets must be a steal… right? Who’s buying? “Gently Used” Toxic Assets Looking for a New Home originally appeared in the Daily Reckoning . The Daily Reckoning, a FREE daily e-letter, offers a “uniquely refreshing” perspective on the global economy, investing, and today’s markets.
Jobless Recovery Not Going to Happen
The dollar started the day off with a move up after a positive report on US leading indicators; but it gave back most of the gains as the trading day wore on. At the end of the day, only one currency moved more than 1% versus the greenback, with the pound sterling ( GBP ) dropping almost 1.5%. As just mentioned, the leading indicators for the US rose in September for a sixth straight month, giving confidence to those calling for continued expansion in 2010. The gauge that attempts to predict the economic outlook for the next three to six months climbed 1%, beating most economists’ forecasts
Jobless Recovery Not Going to Happen
The dollar started the day off with a move up after a positive report on US leading indicators; but it gave back most of the gains as the trading day wore on. At the end of the day, only one currency moved more than 1% versus the greenback, with the pound sterling ( GBP ) dropping almost 1.5%. As just mentioned, the leading indicators for the US rose in September for a sixth straight month, giving confidence to those calling for continued expansion in 2010. The gauge that attempts to predict the economic outlook for the next three to six months climbed 1%, beating most economists’ forecasts. But much of the good news on the US economy is due to the government stimulus programs, and two other reports indicated that future growth for the US is still a question mark
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