Saturday, January 03, 2009

The Economic Times Week

Surce:- The Economic Times Newsletter

The ET Weekend Platter offers the round up of the news that you missed during the week. We bring to you the most-read news, investment corner, stock wrap-up, issue that hogged headlines, editor's picks and the most happening trend stories from across sectors, for you to savour at your conveniance. Happy reading.
Stimulus-II: India Inc gets more room to grow
Complementing monetary easing by the RBI, the Centre enhanced the spending power of states with specific measures to boost credit availability.
RBI cuts key rates to stimulate economy
RBI cut the repo rate to 5.5% from 6.5%. The reverse repo rate was cut to to 4% from 5%.
Home & corporate loans to get cheaper
The RBI has cut its key policy rate by one percentage point, signalling a reduction in banks� lending rate.
Story of the Week

Telecom sector to create 1.5 lakh jobs
Salaries may shoot up 30% as new players enter fray and existing companies expand operations.

Stock Round up

Sensex crosses 10k mark; realty, banks rally
Market remained firm backed by gains in consumer durables, realty and banking.

ET Features

India always does well in adversity: Nandan Nilekani
Widespread expectations of a 'global slump' are becoming reality govts tamp down on growth forecasts & everyone cutting costs.

PSU banks likely to emerge stronger amid turmoil
From being top performer of 2007, to being one of worst performing indices of 2008, the BSE Bankex shows banking sector's topsy-turvy ride this year.

Personal Finance

IRDA eases solvency margins for ULIPS
The insurance regulator has eased solvency margins for unit-linked insurance plans.

SBI MF announces 20 pc dividend under Magnum commma fund
SBI Mutual Fund said it has declared a dividend of 20% under the Dividend option of Magnum COMMA Fund, an open-ended growth scheme.

Corporate Trends

Ambanis come together for sister's anniversary
Amid speculation they may bury differences sooner than later, Anil and Mukesh met for the second time in under a week.

Satyam saga exposes serious shortfalls in India Inc
Satyam says it adhered to corporate governance rules, appointing requisite number of independent directors with excellent credentials.


Ambani brothers Mukesh and Anil came together to celebrate sister Dipti Salgaocar's silver marriage anniversary on New Year's eve in Goa, amid speculation they may bury differences sooner than later.
Editor's Pick

News by Industry
Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)