Future grim? GDP forecasts slashed; Manufacturing PMI shrinks

THE ECONOMIC TIMES Mon, Sep 02, 2013 | 06:03 PM IST Daily Newsletter

August manufacturing PMI shrinks for first time in 4-1/2 years: Poll The HSBC Manufacturing PMI, compiled by Markit, sank to 48.5 in August from 50.1 in July, the lowest reading since Ma... Food Security Bill is a repackaging of all existing schemes: Arun Jaitley The much-touted Food Security Bill was taken up in Rajya Sabha, with opposition terming it as a "gimmick" with an eye... Future grim? Global brokerages slash GDP targets for FY14 MStanley said that recent incoming data show that economy is taking longer to come out of stagflation-type environmen... IT’s time? TCS, HCL Tech rally over 60% in 2013 BSE IT index rallied over 40% so far in 2013, helped by the depreciating rupee and signs of a visible recovery in dev...

FEATURED STORIES Will you get pension? EPS may go bankrupt by the time you are eligible The problems in the structure of the EPS run by the EPFO means the scheme may go bankrupt by the time you are eligibl... read more Harish Salve: What makes India Inc’s go-to lawyer valuable? »  Intex Tech: A Rs 1,070 cr electronics behemoth »

Popular Stories EPS: Will you get your pension? Slowdown in real estate forces builders to cut prices and dole out freebies Eight slowdown-busters for young India without spending much Why Sri Lanka is losing sleep over the rupee

The breadth of the market suggests that it is not a bull market but more like a bear market... Nirmal Jain ,Chairman,India Infoline

Latest Updates Ranbaxy rallies 70% in a month: Time to buy? Ranbaxy Laboratories has surprised everybody on the Street with its spectacular rally of over 70 per cent in the last... Jet stock up over 6% on buzz Etihad extends deadline It finally ended at Rs 308.55, up 5.72 per cent from its previous close.... Bhutan seeks investments from India in various sectors Bhutan seeks investments from India in different sectors such as infrastructure, power, education, healthcare, IT and... Govt plans to develop 8 towns around Bangalore The Karnataka government is drawing up a Rs 2,100 crore project with loan assistance from Asian Development Bank, to ...

Market Watch 2 Sep | 06:03PM SENSEX 18886.13 â†' 266.41 NIFTY 5550.75 â†' 78.95 USD/INR 66.11 â†' 0.36 GOLD (Rs/10g.) 32660.00 â†" -329.00

MARKET NEWS Macquarie’s top-five large-cap picks that can give huge returns in long term The brokerage has churned its model portfolio. It has replaced Axis Bank with HCL Technologies; and NTPC with Ranbaxy... Will Dalal Street, rupee hold on to the gains? Even though markets are likely to stay choppy, quality stocks can be accumulated post recent correction in the mkts, ...

Gainers Losers 2 Sep, 2013, 06:03PM IST, PTI|View All Company Name Live Price Change (%) Volume High Low Williamson Magor & Company Ltd. 35.40 20.00 16 35.40 25.50 Gokaldas Exports Ltd. 34.20 20.00 12615 34.20 29.10 Halonix Ltd. 56.90 19.92 18961 56.90 47.50

FEATURED SLIDESHOW Maruti, Modi govt train youth for job prospects! Apps you must install on your smartphone Ferrari 458 Speciale: Technological innovation! ET Review: Micromax Canvas Doodle 2 more slideshows

FROM THE NEWSPAPER Code X4: Tata to launch hatchbacks, sedans and MPVs to regain lost glory For Tata Motors, this will rank as its biggest bet so far after Tata Nano, as it prepares to regain lost market share... Slowdown in real estate forces builders to cut prices and dole out freebies With the economy in a mess, rupee caught in a whirlwind and the job scene deteriorating by the day, buyers are shying... Bharti Airtel emerges as frontrunner to acquire Loop Mobile A final deal is dependent on clarity on guidelines governing M&As in the telecom sector and the renewal fee for Loop’... Why Sri Lanka is losing sleep over the rupee Sri Lanka's central bankers are probably more worried about accelerated fall in the rupee in the past 4 months than R... Vikram Bakshi to seek reinstatement as MD of equal JV with McDonald’s At the company’s board meeting on August 6, the two McDonald’s nominees on the four-member board rejected the proposa...

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