S&P warns India of rating downgrade and other ET stories

THE ECONOMIC TIMES Fri, May 17, 2013 | 05:18 PM IST Daily Newsletter

Taken aback by Amartya Sen's comments on Food Bill: Arvind Panagariya Arvind Panagariya hits out at Amartya Sen over his call to confront MPs with the "number of deaths" a delayed Food Security Bill can cause. IPL is credible, it looks greed took over players: BCCI Srinivasan outlined what their endeavours are in curbing corruption and also accepted their limitations in doing the job.

Story of The Day S&P warns India of rating downgrade; retains negative outlook Finance Ministry officials had pitched for a ratings upgrade arguing that steps have been taken to contain fiscal deficit and promote investments. read more

Popular Stories Glittering shopping malls across India become hostage to gloom as vacancy levels go up Meet former model Mittu Chandilya who will pilot AirAsia in India How Ram and Hanuman offer new way to look at appraisal system Meet Bharat Parekh & Ravi Jethani: LIC agents with bigger pay than chairman DK Mehrotra IT majors like HCL Tech, Mahindra Satyam & Infosys bid for services unit of Polaris How GE, Cisco, Dell, HCL Tech are helping women employees professionally & personally

Market Watch 17 May | 05:18PM SENSEX 20286.12↑38.79 NIFTY 6187.30↑17.40 USD/INR 54.89↑0.11 GOLD (Rs/10g.) 25984.00↓-147.00

Latest Updates MStanley maintains ‘overweight’ on ITC on attractive valuation ITC's consolidated net profit for the quarter stood at Rs 1,928 crore on Friday. ET Now had estimated a net profit figure of Rs 1,904 crore. Top 15 concerns on Just Dial IPO: HDFC Securities The company does have first mover advantage and along with strong brand recognition, it has attractive value propositions for SMEs. Govt mulling social security cover for workers: PM Trade unions had gone on a two-day general strike in February this year pressing for implementation of their 10-point charter of demands. India invites investment from Japan in infra, electronics India sought investment from Japan in sectors like infrastructure and electronic hardware to enhance trade relations between the countries. Internet wiretaps a gold mine for governments, thieves Companies that say they were unable to modify their operations to comply with the new wiretap orders would be subject to a fine. As yen falls, goods from Japan are more affordable Japanese goods are getting more affordable. For consumers worldwide and for Japan's economy, it's welcome news.

Gainers Losers 17 May, 2013, 05:18PM IST, PTI|View All Company Name Live Price Change (%) Volume High Low ABB Ltd. 660.15 21.01 624946 670.00 547.80 TCFC Finance Ltd. 16.80 20.00 1011 16.80 14.15 JHS Svendgaard Laboratories Ltd. 19.51 19.99 35201 19.51 17.00 AGC Networks Ltd. 90.80 19.95 25586 90.80 78.00 Himadri Chemicals & Industries Ltd. 18.39 19.88 60687 18.40 14.90

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