Bullion is likely to maintain its safe-haven appeal amid renewed concerns over the global economy with data showing China's factory sector shrinking for the first time since 2012.
Factoring is a financing arrangement for suppliers by making pre¬payments against invoices. This provides liquidity to MSMEs and facilitates collection of receivables. India`s factoring volume is below Rs 20,000 crore.
Unlike other sectors, street vending is one area in which the vestiges of the licence raj continue to hold sway. Of the 10 million street vendors in India, very few are legal. For instance, Mumbai has about 2.5 lakh vendors, but the city authorities have a licence ceiling of just 14,000.
The social media giant can use the more secretive process thanks to the Jumpstart Our Business Startups (JOBS) Act, which loosened a number of federal securities regulations in hopes of boosting capital raising, and thereby increasing job growth.
For the quarter, the total (internal plus external) disk storage systems market generated $8.6 billion in revenue, representing 0.7% growth from the prior year's fourth quarter.
Revenues from Mobile soared in 2012 with triple-digit growth. Applications, Analytics and the Database and Technology businesses continued to turn in double-digit growth.
Last year was among the top 10 warmest in the modern global record, two US climate-watching agencies reported on Tuesday, less than a week after 2012 was declared the hottest ever in the contiguous United States.
The year 2012 was the warmest on record for the contiguous United States, beating the previous record by a full degree in temperature, a government climate agency said.
Automobile companies offered huge discounts, as much as Rs 1.5 lakh on some models, to perk up sagging sales in December and clear stocks of 2012 models. Still, despite these discounts, high decibel advertising campaigns and price hike warnings from Jan, customers turned their back to passenger cars.
Sakthi Siva of Credit Suisse continues to be bullish on the Indian equity markets and expects strong fund inflows into equities. “We believe there is still rather large gap between the equity market price index and the level of earnings. For the Asian region as a whole, that gap is north of 20 percent,†she said in an interview to CNBC-TV18.
The Finance Act, 2012 inserted a new provision in the Income-tax Act which provides for taxability of money (in excess of the fair value of shares) received by a closely held company on issue of its shares to a person other than non residents.
If we look at the performance of Nifty 50 in last one year, i.e, between December 31, 2011 and December 31, 2012, we will find that the market had an excellent run and reaching 6000 was predictable. A total of 13 Nifty stocks zoomed between 51% and 87% in that period.
Germay luxury car maker Mercedes-Benz on Tuesday said it sold 7,138 units in India in 2012 (Jan-Dec), in line with expectations, and will raise prices by 1-3 percent from Jan 14.
After the Olympic party of 2012, will 2013 be the year of the Olympic hangover? In the wake of four years of build-up, and a summer of intense cultural activity when arts organisations of every sort wheeled out their big guns, it would hardly be surprising if the coming year seemed a little quieter on the cultural scene.
Gold jumped on the last trading day of 2012 to finish up 6 percent on the year after news of a potential US fiscal deal drove a market that rallied in earlier months on low interest rates, euro zone woes and central bank demand for bullion.
In an interview to CNBC-TV18, independent analyst Ambareesh Baliga says he has been positive on the market for a while. "Trigger points in January can take the market to new highs. So, I am positive right now," he elaborates.
Equity benchmarks closed the last trading day of the year 2012 on a quiet note. The Nifty had shut shop 3.25 points or 0.06% lower at 5905.10 level and the Sensex closed down 18.13 points or 0.09% at 19426.71.
A committee under the chairmanship of Justice (Retd) Shri JS Verma, former Chief Justice of India, is working on a report on the review of present laws so as to provide for speedier justice and enhanced punishment in cases of aggravated sexual assault.
On CNBC-TV18's special show 'The Informed Investor', Rajiv Anand, managing director and chief executive officer, Axis Asset Management, investment analyst Dipan Mehta, SP Tulsian of sptulsian.com and independent analyst Ambareesh Baliga give their outlook for 2013.
The global economic downturn weighed on the Indian IT industry in 2012, a year, which saw old leaders slump, even as smaller rivals thrived.
R Srinivasan, head-equities of SBI Mutual Fund says the mutual fund‘s midcap style of investing is bottom-up.
It was a forgettable year for car makers as high petrol prices and expensive loans hurt demand. The issue was further aggravated by the riot in India's top passenger car maker Maruti Suzuki's plant at Manesar, which hurt production of the Swift hatchback, among the top selling cars in the industry.
2012 was a year of disaster, both man-made and natural, in Mizoram and an acute shortage of essential commodities throughout the year added to people's woes while the vexed issue of repatriation of Bru refugees continued to haunt the government.
The "please name" list was long, thanks to my Twitter and Facebook followers, and included Meg Whitman of (Hewlett-Packard (nah, she did great building eBay and inherited a mess at HP!) and Chesapeake CEO Aubrey McClendon (definitely deserving, especially after reading this Reuters piece.)
2012 was a year of hope and despair for Goa as it witnessed a significant political change in the government and the collapse of one of its gigantic businesses.