US govt shuts down, its advantage India!

THE ECONOMIC TIMES Tue, Oct 01, 2013 | 06:19 PM IST Daily Newsletter

US govt shuts down, opens a window for India Two quarters ago when the issue of 'fiscal cliff' surfaced, emerging markets benefited. It is likely that history rep... TCS, Infy, Wipro & HCL Tech may report 14% sequential revenue growth The robust sales and profit growth will be largely led by the steep decline in the rupee against the dollar during th... Congress MP Rasheed Masood sent to jail for 4 years Masood, convicted for fraudulently nominating undeserving candidates to MBBS seats in 1990-91, had sought benefit of ... Jet-Etihad deal gets Sebi green signal; no open offer required Jet Airways' proposed sale of a 24 per cent stake to Abu Dhabi-based Etihad has got Sebi's go-ahead after both carrie...

FEATURED STORIES Want to withdraw from your provident fund account? Here's how! PFs are primarily meant for retirement planning, and retirement planning is the most important goal in any person’s l... read more Why onion prices will singe consumers again & again »  How L&T's AM Naik is invested in his co’s philanthropy »

Popular Stories Four stocks available at a discount for medium-long term investment US government shuts down for the first time in 17 years Shravan & Sanjay Kumaran of Go Dimensions: Chennai techies aged 12 and 14 develop apps What would happen if the US government shuts down?

Financing CAD is not going to fix the problem from a long-term point of view... Arnab Das ,MD-Research,Roubini Global Economics

Latest Updates Rupee gains; current account deficit in check The rupee gained on Tuesday while the dollar fell broadly following the first US government shutdown in 17 years.... Gold advances with silver as start of US shutdown spurs demand Gold rose by 0.6 per cent to $1,337.49 an ounce and silver advanced 1.2 per cent to $21.95 an ounce.... 'Cutting duty drawback rate for engineering exports unfair' The govt has meted out an unfair treatment to engineering exports by cutting duty drawback rates for over 3,500 produ... Govt hikes tariff value on imported gold; cuts on silver The government raised import tariff value of gold to $436 per 10 grams, while reducing it on imported silver to $702 ...

Market Watch 1 Oct | 06:19PM SENSEX 19517.15 â†' 137.38 NIFTY 5780.05 â†' 44.75 USD/INR 62.60 â†' 0.13 GOLD (Rs/10g.) 29745.00 â†" -680.00

MARKET NEWS Current account deficit data, auto sales lift Sensex by 137 pts Today's Sensex rise is the best daily gain since September 19 when it soared by 684.48 points or 3.43 per cent.... Sensex expensive at current levels; may drift towards 18,500 Analysts still find value in private banking space even as they say defensives like pharma and IT are likely to do we...

Gainers Losers 1 Oct, 2013, 06:19PM IST, PTI|View All Company Name Live Price Change (%) Volume High Low ICSA-India Ltd. 4.86 20.00 600297 4.86 4.10 Everest Kanto Cylinder Ltd. 9.73 19.98 292424 9.73 8.10 Dishman Pharmaceuticals & Chemicals Ltd. 61.00 17.65 957394 62.20 52.65

FEATURED SLIDESHOW India's youngest tech entrepreneurs aged 12 & 14 Suzuki Wagon R seven-seater MPV revealed! Bentley launches new Flying Spur priced at Rs 3.1 crore 5 tips to start a new job during slowdown more slideshows

FROM THE NEWSPAPER Hundreds of thousands of engineers, only 2.3% suitable for IT product firms "The problem is very real. While we have large quantity of engineers, there is a serious shortage of quality engineer... ISI Kolkata student bags $100,000 offer from Google The student who received the offer is a 24-year-old fresher pursuing his Master of technology (MTech) in Computer Sci... Costing as much as Merc or BMW, premium TVs are the rage Companies say premium televisions priced anywhere between Rs 4 lakh and Rs 27 lakh already account for 5% of the Indi... Lalu's conviction could change Bihar’s political landscape Conviction by special CBI court puts a question mark on ex-CM’s political career and could change Bihar’s political l... Return on equity of top biz houses slumps to 3-yr low An analysis shows that more than half of India’s top 50 business houses reported a return on equity (RoE) at its lowe...

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