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Opportunity in adversity

Indias twin deficits are at elevated levels. The July-Sep CAD was at an alarming 5.4%, while the fiscal deficit touched 80% of the full-year target by November-end

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Opportunity in adversity
India

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Get locked into fixed products

There is a small window till March-end. After that, liquidity will ease and banks might not be so benevolent

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Market News

Steel firms increase prices

This comes amid a rise in transportation costs and high iron ore prices; long-steel producers keep prices unchanged

Sugar mills reiterate need for financial help

Lower realisation than cost of production hits financial performance in April-June quarter, industry seeks govt support

Goa postpones 5th ore auction, anticipating lack of response

State had kept 2.18 mn tonnes of low-grade ore in fifth round after successful sale 5 mn tonnes in earlier rounds

Markets hit record highs; Sensex ends above 27,000

The Sensex ended above 27,000 for the first time while the Nifty topped 8,100

Cement shares in demand; ACC, Ambuja up 4%

UltraTech Cement,India Cements,J K Cement, Birla Corporation and Gujarat Sidhee Cement are up 2-5% on BSE.

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