Fwd: Today's Exclusives - RBI raises rates by 50 bps; revises WPI inflation outlook upwards to 7%

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From: Moneylife <noreply@moneylife.in>
Date: Tue, Jul 26, 2011 at 7:16 PM
Subject: Today's Exclusives - RBI raises rates by 50 bps; revises WPI inflation outlook upwards to 7%
To: palashbiswaskl@gmail.com

 

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26 July 2011   Moneylife Exclusive RBI raises rates by 50 bps; revises WPI inflation outlook upwards to 7% Moneylife Digital Team Governor says there is need to persevere with anti-inflationary stance. Bond yields sharply up, while stocks drop...     Exclusive Column     Parx deodorants: Very unfresh! Anil Thakraney Instead of erotica, the Parx ad makers have fallen back on lifestyle. The result is a lukewarm, contrived and un-refreshing ad...       Other ML Exclusives   Daily Market Report: Share prices back in no man's land While the uptrend has suddenly lost steam, don't expect a sharp sell off... ............................................................................................................................................... Fortnightly Market Report: Follow the price? There are too many conflicting scenarios and we know little about them—or beyond. In this situation, the two things we need to look at are: price trend and valuation... ............................................................................................................................................... Will PHFI become transparent and accountable under Narayana Murthy? The Infosys founder's entry to PHFI only strengthens the dominance of Big Business on the board of the organisation. This organisation which decides on public health policy, remains non-transparent and unaccountable, despite enlargement of government representation on the board... ............................................................................................................................................... 'Affordable housing is not possible in Mumbai or Delhi' Vishnu Swaminathan, director of Ashoka Foundation which is undertaking a low-cost housing initiative for the poor, believes that such projects are not possible in the major metros where land costs are too high and delays add to the cost... ............................................................................................................................................... Local level supervision is critical to ensure consumer protection in microfinance Self-regulation in the microfinance business has not worked for various reasons. Most importantly, it involves the distribution of small sums, almost totally in cash, to people who are vulnerable, and in areas so widely spread out that it is quite impossible to ensure fairness on a day-to-day basis... ............................................................................................................................................... Taurus plans to launch Taurus Banking & Financial Services Fund This new fund offer is an open-ended equity sector scheme, with its focus on the banking & financial sector, which has been delivering good returns lately... ............................................................................................................................................... Regulation: 'Maruti' agencies create trouble Six insurers penalised for a meagre Rs5 lakh each... ............................................................................................................................................... There's a new twist in the story in the Nigerian scam emails;but don't get sucked in It seems that a female diplomat has been caught by the FBI with a large sum of money that might actually belong to you! ............................................................................................................................................... ASCI: Good intent, strange delivery The intention of the Advertising Standards Council to educate consumers on how to deal with repulsive advertising is to be applauded. But its advertisements confuse the viewer... ............................................................................................................................................... Personal finance today - Insurer to pay compensation even if ownership changes: SC - Punjab to launch a drive with banks for easy loan facilities - Cni infoXchange ties up with SBI     At a Glance   - RBI rate hike to ease inflationary pressure: FM - Maruti beats expectations, Q1 net up 18% at Rs549 crore - Another interest rate hike by RBI, borrowers to feel the pinch - India invites foreign investments in infrastructure - Raja takes a U-turn, says did not seek to implicate PM, FM ON STANDS NOW Corporate Wrap-up   - Lupin settles patent suit with Medicis over generic version of Solodyn - JSW Steel Q1 net profit jumps 64% to Rs485 crore - Marg wins order worth Rs237.58 crore from Bhavnagar Energy   Moneylife Columns     Restoring the value of people and the use of people's money in emerging India Karan Kharb We have missed out on the correct valuation of cooperation over competition, quality over quantity, standard of 'life' over standard of 'living' and the innate urge to give rather than to grab...     China just cannot do anything wrong, at least that's what the government and some economists think William Gamble There is a lot that may not look right with the Chinese economy. Yet the faith that the Chinese government and foreign economists place in Chinese regulations, restrictions and policies remains absolute...       Face 2 Face   'We plan to make the Wellspring healthcare model work by not being greedy' Dr Gautam Sen and Kaushik Sen, co-founders of Wellspring Healthcare, believe that they can make a difference to the healthcare system through their community centres which aim to offer basic facilities under one roof...     Editor's Pick   The US edges closer to a devastating default Republicans and Democrats are deadlocked over competing plans to raise the debt ceiling. ...................................................................................................................................................... Japan's reconstruction may take a decade The government hopes to complete most of the reconstruction over 5 years, at a cost of $243 billion. But it will take 10 years to complete the process. ...................................................................................................................................................... Oil might head even higher The biggest bet in the oil market has become a 20% increase to $120 by the end of the year, as global growth drives demand for raw material. ...................................................................................................................................................... After Obama's warning, dollar & Treasuries plummet The US President has warned that America's burgeoning debt may do "serious damage" to the economy. ...................................................................................................................................................... Here's a crazy, contrarian take on a possible US default This is the ultimate 'What, me worry?' set of arguments. ...................................................................................................................................................... Cartoon of the week A take on the euro...   Book Review   Imagining happiness Shukti Sarma "Stumbling On Happiness" describes the little tricks your mind plays about being happy or unhappy.   FROM the ARCHIVES   Will PHFI be any different under Narayana Murthy? After Rajat Gupta's exit, the Public Health Foundation of India has a new chairman. This 'public-private partnership,' however, has been a sneaky and unaccountable organisation that has a lot to answer. This, the first part of a four-part series, discusses questions on the formation, functioning and accountability of PHFI... ...................................................................................................................................................... Inflation & interest rates: A double whammy Inflation is eroding investments and the central bank's monetary policy regime is preventing money from flowing into avenues of growth ...     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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