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 ) .
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