Friday 12 April 2013

The Economic Times Daily Newsletter

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Dated:April 12,2013
Top Headlines

FM pitches for ratings upgrade for Indian economy with Fitch

"Fitch raised concerns on how deficits will be met and how the government will be able to meet revenue targets," a top Finance Ministry official said.


IIP slips to 0.6% in Feb; may prompt RBI to cut rates

Montek Singh took some satisfaction from the fact that the IIP data was not in the negative and expressed hope the factory output would show improvement in 2013-14.


More US visas, green cards for techies & doctors in offing?

Indian IT professionals have appealed to Congressmen to not only consider increasing the H-1B quota but also quick and smooth green card for them.


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Now, the worst of the Great Recession has passed. Things are looking up for the economy and, as a result, down for gold.
Trading sentiment turned extremely bearish on drying up of seasonal demand and stockists selling triggered by a steep fall in precious metal prices.
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