Rupee at 60 : Reserve Bank of India Wants Stability, But is there a Right Level for INR..?

By Mr. Arjun Parthasarathy, www.investorsareidiots.com RBI (Reserve Bank of India) is waiting for the Indian Rupee (INR) to stabilize before it takes steps to help the economy grow from decade low growth rates of 5 % seen in fiscal 2012-13. The INR is trading at levels of Rs…

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Should Real Estate Developers’ Loans Get Priority Sector Status? - NO..!

by Mr. A. Srinivas Builders / promoters - by no means famished like Oliver Twist - are always asking for more. Their earlier clamour, before this year’s Budget, was for infrastructure status for housing, which would allow them a 100% cent profits deduction for ten years. The…

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Real Estate Regulatory Bill: To be taken up upcoming monsoon session of Parliament beginning August 5, 2013.

The central Government is looking to lower the minimum built-up area for attracting foreign direct investment (FDI) in housing projects to 20,000 square metres from the current 50,000 square metres. “This would boost FDI flow into the sector, Mr. Arun Kumar Misra, Secretary,…

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Some Factors that can bring Stability to the INR Vs USD..!

by Mr. Arjun Parthasarathy - Investors are Idiots.com The outlook for the INR does appear better than what is was a few months back when the markets turned volatile by the talk of Fed. withdrawing stimulus. Global equities & currencies have regained poise since then with…

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Resale Flats : Advantages & Pitfalls..!

by Mr. Adhil Shetty, Bankbazaar.com Income tax benefits & immediate possession are draws. But, watch out for ownership complications Mr. Rahul was tired moving from one flat to another every time his landlord raised the rent. The Delhiite decided to invest in a resale fla…

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Housing Ministry: Urges Private Real Estate Firms to Focus on Affordable Housing..!

The Union Housing Ministry has urged the private developers / Builders to develop business models for affordable housing to the poor & the low income group in cities. At a symposium on affordable housing recently, the Housing Minister Mr. Girija Vyas said, ''The …

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FAIR PRO 2013 Coimbatore: Property Fair till from August 4..!

About 2 to 3 % discount on the basic price for bookings made at the fair or during August, 2013 . Property fair FAIR PRO 2013 is offering property buyers keen on investing in Coimbatore a  2 to 3%t discount on the basic price for bookings made at the fair or during August. In …

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Current Account Balance as % of GDP in Brick Economies in 2012

Current  Account Balance as % of GDP in Brick Economies in 2012..! South Africa - 6.26 India - 5.11 Brazil - 2.26 China 2.6 Russia 4.02

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BSE: Transfer 41 Stocks to Restricted Segment..!

BSE (Bombay Stock Exchange) has decided to move securities of as many as 41 companies to the restricted trading category from August 2, 2013 as a measure to ensure market safety. Amar Remedies, Nitco, Parabolic Drugs, Escorts Finance, Sterling International Enterprises Neha…

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Tamil Nadu Ranks 6th with 7% share in Total investment Commitments Made Across India : ASSOCHAM Report..!

Tamil Nadu has attained 6th position amid industrialised states in attracting 7% of the total domestic and foreign committed investments across India worth above Rs. 143 lakh crore as of June 2013, according to the just-concluded study undertaken by ASSOCHAM. “Clocking a yea…

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