2G spectrum fees were undervalued resulting in LOSS to the Nation.SC cancels 122 2 G spectrum Licenses.Telecom Shares fall on 2/2/2012.Read here and here.
MM Singh culpable,on the 2 G spectrum scam.Read here here and here.
Wall Street wants to scuttle Derivatives' deregulation.Read here.
[Some of the country's largest banks -- including Morgan Stanley, Goldman Sachs, JPMorgan Chase, Citigroup and Bank of America -- are lobbying Congress for regulatory exceptions for Derivatives traded outside the U.S.These banks has at least half its assets in overseas operations, according to Bloomberg, meaning that hundreds of millions of dollars' worth of trading lie outside the scope of the Dodd-Frank financial reform bill if the lobbyists are successful.]
CAG to Audit NHRM in all States.Read here.
US Military seems to be preparing for Urban Warfare.Read here.
Manufacturing at 8-month high.Read here.
IOC tanks,.in tax battle with UP Govt.Read here.
GMO banned in Germany.Read here.
Sensesx +107;17301
vix[fear index]:-
India - 22.89
USA 18.55;200 DMA 25.91
Institutional Purchases:-
Foreign D/M/Y :- Rs Crores - +1676
Indian Rs Crores :- -32
BDI 662;Below 200 DMA of 1562;Shipping and Markets in trouble.
Gold 1743 $/US Oz
Silver 1082 $/kg
Copper 3.8255 $/lb
Reuters CRB Index US $ 311.53
Crude 97.60 $/bbl
US Dollar Index 78.97
Re V Dollar 49.06[Manipulation for FDI in various sectors.Inflation is also KEPT DELIBERATELY HIGH.RBI on a printing spree]
The Indian Markit/HSBC purchasing managers' index, based on a survey of around 500 companies, rose sharply to 57.5 for January 2012, from 54.2 for December, 2011.
Above 50 indicates growth.
Nifty Futures [Monthly] 34.05 Premium,1/2/2012
P/C 0.63 ;31/1/2012
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