NaAtMaD - News and Articles that Make a Difference

China Economy: 2009 Forecast

Manish Agrawal — Thu, 22 Jan 2009 11:53:52 +0000

The Chinese economy grew a whopping 9.9% in the first three quarters of 2008, and 11.9% in 2007. Forecasts for 2009 are nowhere near as rosy. In 2008, the Chinese government took significant action to encourage growth amid the worldwide financial slowdown. It unveiled a US $585 billion stimulus package which will extend into 2010, and [...]

India Economy: Satyam’s Demise and the Future of India’s IT Industry

Manish Agrawal — Thu, 22 Jan 2009 11:53:13 +0000

“Dear Board Members, It is with deep regret, and tremendous burden that I am carrying on my conscience, that I would like to bring the following facts to your notice: 1. The Balance Sheet carries as of September 20, 2008 a. Inflated (non-existent) cash and bank balances or Rs.5,040 crore (as against Rs. 5361 crore [...]

US Economy: Automaker and Porn Bailout

Manish Agrawal — Thu, 22 Jan 2009 11:52:06 +0000

Car makers are going through a government-sponsored rescue plan. They aren’t the only ones asking for help – porn moguls are trying to cash in too. The US automotive industry has long been plagued with problems. These problems have been exacerbated by the recent financial meltdown resulting in a bleak future for American car manufacturers. A [...]

UK Economy: RBS Losses at Record High

Manish Agrawal — Thu, 22 Jan 2009 11:50:56 +0000

Royal Bank of Scotland announced it would report losses before write-downs of £7 to £8 billion for 2008. This has caused its shares to sink 67%. Furthermore, it will report losses of assets related to its 2007 ABN Amro acquisition of nearly £20 billion. This beats even Vodafone’s record losses of £15 billion in 2006. Jobs [...]

India Economy: 2009 Forecast

Manish Agrawal — Sat, 20 Dec 2008 15:36:51 +0000

2008 started out well enough with growth figures approaching 10%. However, with the massive financial troubles which began towards the end of 2008, 2009 does not look quite as good. The Asian Development Bank (ADB) has projected growth of a mere 6.5%. Previously, it had forecast 7%, down from another earlier estimate of 7.4%. ADB stated, [...]

US lawmakers ask Ex-Im to suspend aid to RIL over Iran ties

Manish Agrawal — Sat, 20 Dec 2008 15:31:04 +0000

A group of US Congressmen have asked the country’s Export-Import Bank to suspend $900 million worth assistance to Reliance Ind, until the Mukesh Ambani-led Indian conglomerate stops business with Iran. In a statement issued here, Congressman Brad Sherman said that he along with a “bipartisan group of House colleagues” have sent… letter to the Ex-Im president calling [...]

No cheer for existing home loan borrowers

Manish Agrawal — Mon, 15 Dec 2008 04:22:43 +0000

Existing borrowers will not benefit from the special home loan schemes to be unveiled by state-owned banks as part of the government’s stimulus package. The reduced loan rates will only be applicable to fresh home purchases. The scheme is likely to be announced by the Indian Bank Association (IBA) on Monday. Under the package, housing loans up to Rs 5 [...]

Market Await Policy Cues To Tide Over Slowdown

Manish Agrawal — Mon, 15 Dec 2008 04:19:53 +0000

With shrinking industrial production (IIP) numbers for November intensifying fears of a sharper economic slowdown in India, investors are awaiting suitable policy responses. There is an anticipation of second tranche of fiscal sops from the government and additional interest rate cuts by the central bank. In addition to domestic triggers, investors will keep a close watch on the extent of rate cuts [...]

Fall From IntraDay High

Manish Agrawal — Mon, 15 Dec 2008 04:05:09 +0000

Check out the companies that have fallen off sharply from their Intraday Highs. You can also see how the Sensex, Nifty, or any other index stocks have performed today BSE All Companies BSE-100 BSE-200 DOLLEX SENSEX BSE TECk INDEX BSE PSU INDEX BSE-500 CAPITAL GOODS BSE FMCG INDEX BSE HEALTHCARE BSE CD INDEX BSE IT INDEX BANKEX BSE Auto BSE Metal BSE Oil & Gas DOLLEX-30 BSE-MIDCAP BSE-SMALLCAP BSE REALTY BSE POWER INDEX Dollex 100 NSE All Companies CNX MIDCAP 200 CNX NIFTY [...]

NSE Top Dividend Stocks

Manish Agrawal — Thu, 11 Dec 2008 11:19:49 +0000

Check out stocks offering high dividend yields along with the company’s dividend history. You can view all stocks or filter them according to the BSE group or its sector. NSE 11 Dec 16:34 Company Name Last Price Latest Div % Dividend Yield % at these prices Dividend History 52 High 52 Low Current Indiabulls Sec 19.70 375.00 3.00 43.60 38.07 view Rane Madras 33.25 60.00 5.61 19.93 18.05 view Monsanto India 1,165.05 2,070.00 8.18 19.16 17.77 view Indbank Merchan 8.90 15.00 10.71 21.90 16.85 view Rane Brake 41.80 70.00 3.15 19.44 16.75 view Rane Engine 49.90 80.00 2.16 17.96 16.03 view Precision Pipes 31.40 50.00 2.86 17.86 15.92 view Chennai Petro 107.85 170.00 3.83 16.83 15.76 view Royal Orchid 39.60 60.00 3.43 16.15 15.15 view Prime Securitie 15.10 45.00 0.65 17.86 14.90 view Thirumalai Chem 67.10 100.00 3.24 15.09 14.90 view Barak Vally Cem 13.70 20.00 2.95 17.32 14.60 view Pioneer Embroi 10.50 15.00 0.44 17.86 14.29 view Rane Holdings 43.00 60.00 2.55 15.79 13.95 view V-Guard [...]