Thursday, November 28, 2013

other latest Economic update

v Iran & Group of Developed  Countries reached to an Agreement , which will change the Oil Economy in coming Months
 
v Iran Domestic Economy will get much needed support as “financial sanction” likely to be eased  
 
vCrude Oil Prices has decreased marginally after Iran development   ( Brent Crude touched  USD 110 / bbl )
 
v Improved September Quarter GDP growth reaffirmed steady recovery of UK Economy .
 
vInternational Rating Agency “Moody” has confirmed India Long term outlook is “stable” but warned that if fiscal deficit  exceeds 4.8% of GDP in FY14 it will be concerning .
 
vGovernment of India has been actively working to Divest shares of six Government owned Company , so as to generate revenue of  USD 4 Billion ( FY Disinvestment target is USD 7 Billion  ) .
 
v RBI has recently allowed Foreign Banks operating in India to covert themselves to “Wholly Owned Subsidiaries “    Presently they are operating as “Branch” .
 
v Indian Central Bank is in advanced stage of issuing new Banking license to Indian Corporate house ( after one decade )  
 
v India September Quarter GDP growth data to be released on Friday . It is expected to below 4.5%  ( June quarter à4.4%)
 
vOutcome of the State Election results . ( 8th December ) .

No comments:

Post a Comment