6 February 2012

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		RBI: Fiscal consolidation needed for stimulating growth 6/2/2012 New Delhi: Making a strong case for promoting fiscal consolidation in the forthcoming budget, the Reserve Bank on Monday said that it was necessary to stimulate growth. "We can't discount the importance of fiscal consolidation contributing to growth. It is not that growth first and then... Read more...


	Top Stories
	How changes in music industry affect the length of an artists career RBI open to debt buybacks to address strain on liquidity Green Chemical Industry to Soar to $98.5 Billion by 2020 Industrial growth rebounds, FM hints at policy boosters


	MARKET MANTRA
	GST will benefit trade and industry' RBI survey: Growth pegged at 8.5% in FY'11 Air India out with a new turnaround plan to recover Discover Opportunity - Indian Infrastructure This is the catch. Instead of dollars they are being offered the same amount in the currency of the country


	GOING GLOBAL
	DIPP in consultation with stakeholders on FDI in retail Trade between Argentina, India to reach $2 bn


	ISSUES
	Distress in core industries drives reform hopes Master plan for better growth Making sex selling a business Trai initiative Strengthening economy Facebook's only got five years left Piracy !


	TECH BAZAAR
	Use of technology, smart concepts paramount to meet needs of future cities Samsung eyes $3 bn sales in 2010 from India Major publishers to hike prices of electronic books Bharti, Reliance Comm plan mobile application stores Vibrating touch screen Cell phone in hand, but cant talk or anyone as it is not charged.

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Conditions for New Delhi, IN at 8:29 pm IST

Current Conditions:
Haze, 59 F

Forecast:
Mon - Clear. High: 69 Low: 46
Tue - Sunny. High: 68 Low: 42

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Conditions for Mumbai, IN at 8:29 pm IST

Current Conditions:
Smoke, 75 F

Forecast:
Mon - Clear. High: 83 Low: 70
Tue - Sunny. High: 81 Low: 65

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Conditions for Calcutta, IN at 9:20 pm IST

Current Conditions:
Haze, 70 F

Forecast:
Mon - Clear. High: 83 Low: 60
Tue - Sunny. High: 86 Low: 60

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Conditions for Chennai, IN at 9:10 pm IST

Current Conditions:
Clear, 77 F

Forecast:
Mon - Partly Cloudy. High: 86 Low: 69
Tue - Partly Cloudy. High: 86 Low: 70

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Conditions for Ahmadabad, IN at 9:10 pm IST

Current Conditions:
Smoke, 72 F

Forecast:
Mon - Clear. High: 81 Low: 56
Tue - Sunny. High: 80 Low: 49

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Conditions for Bangalore, IN at 9:01 pm IST

Current Conditions:
Partly Cloudy, 73 F

Forecast:
Mon - Partly Cloudy. High: 86 Low: 59
Tue - Partly Cloudy. High: 89 Low: 61

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RBI: Fiscal consolidation needed for stimulating growth

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MARKET MANTRA

GOING GLOBAL

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