Stocks and Finance

India

India 3/30/2012

20:50 : BoP deficit touches highest level in 20 years - BoP deficit touches highest level in 20 yearsWith reserves enough to just feed about 5 months of imports and repay one year debt, the deficit number is probably the worst India is facing since 1991.
11:16 : India Stocks: India stocks rise for week, jump in quarter - Indian stocks rise for the first week in six as the government clarified tax exemptions for foreign investors, helping to limit losses for March and adding to a strong performance in the first quarter of the year.
Source : marketwatch-com
06:38 : Iran, along with big customers China and India, are skirting sanctions ... - Iran, along with big customers China and India, are skirting sanctions by swapping oil for local currency and goods. While sanctions fans boast about this "Junk for Oil" program, others say trade being driven further ...
Source : seekingalpha-com
06:36 : BRICS Summit: Still time for diplomatic solutions - As the five BRICS nations including India voiced their opposition to military options against Iran, the US maintained there's still time for a "diplomatic solution".
05:27 : Vodafone (VOD) is urgently reviewing its options in India and overseas ... - Vodafone (VOD) is urgently reviewing its options in India and overseas as the country moves toward a law that would retroactively apply a tax of over $2B on Vodafone's 2007 purchase of Hutchison Whampoa's Indian telecom venture. ...
Source : seekingalpha-com
03:44 : India Tribunal Suspends Environmental OK To Posco Plant - Report - An Indian quasi-judicial body has suspended an environmental clearance given to South Korean steelmaker Posco (005490.SE) to build a steel plant in the eastern state of Orissa, the Press Trust of India reported Friday.
Source : foxbusiness-com
02:53 : Asian stocks are mixed on the last day of what has been a strong trading ... - Asian stocks are mixed on the last day of what has been a strong trading quarter. Japan -0.3% to 10084. Hong Kong -0.4% to 20532. China +0.4% to 2260. India +1.6% to 17327. Post your comment!
Source : seekingalpha-com

India 3/29/2012

22:40 : Hacking in Asia Is Linked to Chinese Ex-Graduate Student - A breach of computers belonging to companies in Japan and India and to Tibetan activists has been linked to a former student at a Chinese university.
Source : nytimes-com
15:48 : Vodafone may cite breach of treaty if India enforce payment of tax - Vodafone may cite breach of treaty if India enforce payment of taxVodafone could invoke a India-Netherlands bilateral investment pact that will allow it to claim back taxes it may be forced to pay authorities.
14:55 : BRICS bank hard to cement: Zoellick - March 29 - Outgoing World Bank President Robert Zoellick says a joint development bank being planned by the BRICS (Brazil, Russia, India, China and South Africa) will be difficult to implement given ...
Source : reuters-com
14:00 : Summary Box: Emerging markets mull new bank - BUILDING BRICS: Accusing current international institutions of failing to lift up poor countries, the BRICS group - Brazil, Russia, India, China and South Africa - asked its finance ...
Source : usnews-com
13:00 : India Raises Obstacles for Foreign Firms - A series of recent developments in India have increased the perception that the country has a risky business environment where policies suddenly can turn hostile.
Source : wsj-com
10:43 : India Expects INR13 Trillion Power Sector Investments In 5 Years - India expects its power sector to attract INR13 trillion (about $255 billion) of investments in the next five years, nearly a third more than in the past half a decade, driven by demand for electricity from its expanding economy.
Source : foxbusiness-com
07:16 : How NRIs' India ESOPs are taxed in the US - How NRIs' India ESOPs are taxed in the USIf you are a citizen, green card holder or a resident of the US, you must pay taxes in the US on your global income.
05:03 : BRICS leaders gather for summit - Mar. 29 - BRICS leaders gather in India for summit; Brazil may push partners to denounce monetary policies in rich nations. Rough Cut (No reporter narration)
Source : reuters-com
02:53 : Asian markets follow their U.S. counterparts down, with weakness among ... - Asian markets follow their U.S. counterparts down, with weakness among commodity firms. Japan -0.7% to 10115. Hong Kong -1.6% to 20561. China -1.4% to 2252. India -0.7% to 17004. Post your comment!
Source : seekingalpha-com
02:17 : For BRICS, Plan of Action Proves Elusive - The group known as BRICS #x2014; Brazil, Russia, India, China and South Africa #x2014; has had difficulty finding common ground on how to exert collective geopolitical influence since ...
Source : iht-com
01:14 : Goldman board meets in India amid talk of splitting top jobs - Half a world away from Wall Street, the board of directors of embattled Goldman Sachs Group Inc were meeting in India amid reports that senior executives have talked about splitting the roles of chief ...
Source : ibtimes-com

India 3/28/2012

17:18 : Microsoft, Google begin war of words over cloud services in India - Microsoft, Google begin war of words over cloud services in IndiaSimilarities are beginning to show more prominently with both offering office productivity software, besides computer operating systems.
11:15 : Chinese companies asked to import more from India - China has allayed India's apprehensions over the widening trade deficit and stressed that Beijing is encouraging Chinese companies to import more from India.
11:04 : India Tightens Security in New Delhi#x2019;s Tibetan Districts on Eve ... - With Chinese President Hu Jintao arriving for a diplomatic summit meeting, Indian authorities on Wednesday sought to prevent Tibetans from staging anti-China protests.
Source : iht-com
07:27 : Pak's negative list approach to enhance bilateral trade - The government today said Pakistan moving to the negative list for trade with India would substantially enhance the export potential to the neighbouring nation.
02:58 : India Oil Secretary: Sought INR400 Billion Additional Fuel Subsidy For ... - India's oil ministry has sought an additional INR400 billion in cash subsidies for this financial year through March to compensate fuel retailers for losses incurred on selling diesel and cooking fuels at state-set discounted prices, oil secretary G.C. ...
Source : foxbusiness-com
02:12 : Asian stocks are heavily down this morning, particularly the Shanghai ... - Asian stocks are heavily down this morning, particularly the Shanghai Composite Index, with analysts alternately suggesting profit-taking, inflation concerns, and fears of slowing corporate growth. Japan -0.7% to 10183. Hong ...
Source : seekingalpha-com

India 3/27/2012

21:32 : Girish Krishnamurthy to Assume Strategic Leadership Role With Kaseya India - BANGALORE, INDIA--(Marketwire - Mar 27, 2012) - Kaseya®, the leading global provider of automated IT systems management software, today announced that Girish Krishnamurthy will be transitioning out of his current operations role as country head of Kaseya ...
Source : marketwire-com
15:36 : Facebook hires software engineers from India to fill US posts - Facebook hires software engineers from India to fill US postsFacebook's open invitation in a newspaper advertisement last week seeking applicants "to work in the US" is being regarded as a first.
13:11 : Vodafone controversy: India not a tax haven, says Pranab Mukherjee - Vodafone controversy: India not a tax haven, says Pranab MukherjeeHe said the double taxation avoidance agreements are meant for genuine investors who are required to pay in only one of the contracting countries.
11:50 : BRICS may sign pact for credit in local currencies - Brazil, Russia, India, China and South Africa's are in advanced stage of reaching a pact for extending cross-country credit in local currencies of the member countries.
11:48 : India is world's second most economically confident country: Report - India is world's second most economically confident country: ReportAccording to global research firm Ipsos, India's economic confidence jumped by 9 points to 74% in February compared to the previous month.
10:09 : Vulture Restaurants: Serving and Saving Vultures - Restaurants for vultures' To help save and conserve endangered vultures in India, vulture feeding areas have been started. Vulture populations in India have fallen dramatically over the last two of decades.
Source : earthtimes-org
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