Fwd: Weekly Updates - Modi still untouchable for US, SpiceJet's profits spiced up?, Market indecisive and much more

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From: Moneylife <noreply@moneylife.in>
Date: Sat, Aug 4, 2012 at 5:13 PM
Subject: Weekly Updates - Modi still untouchable for US, SpiceJet's profits spiced up?, Market indecisive and much more
To: palashbiswaskl@gmail.com

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TOP STORIES OF THE WEEK   Power favours: Modi receives praises from WSJ but no visa from the US While writing about India's recent power crisis, the WSJ has profusely praised Gujarat's chief minister's actions on the state's electricity situation. However Narendra Modi is shunned by the US state department and still cannot get visa from the US... *Mini blasts in Pune send out maximum message *SpiceJet's profits spiced up? *Activists urge Maharashtra governor to return Housing Bill to Legislature *Power grid collapse: What could have prevented the disaster *Monthly inventory of homes very high in Hyderabad, Mumbai and NCR * Now, let the RTI Act be ingrained at the educational level *In Memoriam – R Vijayaraghavan (1948-2012) *"The ambulance would be coming anytime now" *NASA's Greenland ice complete meltdown claim: The scientific hoax of the year *India facing third drought in a decade: What steps has the government taken so far? *25%-30% of the food items in India are 'intentionally' adulterated, says Dr Arvind Shenoy   ADVT EXCLUSIVE COLUMNS   Rare eye disease: Can alternative treatments help? Prof BM hedge Mutual funds: Fund & games R Balakrishnan Drought: A natural disaster made worse William Gamble   MARKETS/REGULATION   *Weekly Market Report: Sensex, Nifty indecisive The Nifty has to break the range of 5,191 to 5,244 to set a direction... *A significant top is expected where one should at least exit longs *FII inflows in stocks at five month high in July     BOOKS: THE LOVE OF THE PRINTED WORD   Breakout Nations Ruchir Sharma Rabindranath Tagore Sabyasachi Bhattacharya Little Book of Hedge Funds Anthony Scaramucci   COMPANIES & SECTORS   Natural gas plunges amidst record supplies, uncertainties and weak demand Natural gas, which had risen recently due to a hot summer in America, has crashed on reports of record reserves in the US, increased supplies, weak demand and economic uncertainties... *Commodities under pressure as Draghi disappoints *Oil and gas shortages: Government must act expeditiously *What can Coal India do to increase supplies *Is power 'less' planning responsible for grid failures? *Poor human resource management practices in Indian public sector could lead to a serious setback     PERSONAL FINANCE/INSURANCE/CONSUMER INTEREST   United India Insurance doles out incentives to TPAs to reduce claims ratio! The third part of the United India series, it has been found out through RTI that TPAs are given incentives by United India Insurance to reduce the claims ratio, thus making a mockery of the Insurance Act!... *CBDT extends I-T returns filing date to 31st August *Aegon Religare iHealth: Should you buy a health product from a life insurer? *Insurance: The onus is on you *Con Job? *Live from a lounge: Redeeming your airline miles *Repairs: Outpriced     ECONOMY & NATION   It is not the deficit; it is the timely rainfall that matters Over the past century, India has been receiving an average rainfall of 75% and above, yet we witnessed several droughts. The reasons? Rainfall has been sporadic in most parts of the country and we still do not know how to make use of every single drop of water... *GDP growth is a faulty measure of economic development *Drought impact: Feed prices skyrocketing *India's manufacturing growth falls in July; weakest since November *Fiscal deficit widens despite rising revenues: Morgan Stanley *Public-private-peoples' partnership: A long way to go   MONEY & BANKING   RBI keeps policy rates unchanged, cuts growth forecast to 6.5% As expected, the RBI kept its monetary policy focussed on inflation control and kept all key rates unchanged... *RBI needs to come out clean on NPAs *Triple Jump's response to Hugh Sinclair's book: Does it raise more questions than provide credible answers?   PUBLIC INTEREST   "Our systems are unable to punish the corrupt and guilty in time" The basic cause for corruption is that our government is not designed for accountability and delivering services to its citizens. Fundamentally, we are still unable to punish the few corrupt persons identified by the investigating agencies, within a specific time limit... *Are we blinded by science? *Need for transparency in building development *Does cybercrime really cost $1 trillion? *Gmail: The google muddle *News for Sale; says Consumer Affairs about Washington Post grant *No game or sport has 'National Game' status, says Sports Ministry *US presidential polls: Mitt Romney's bet   BEYOND MONEY: FOR THOSE WHO NEED A HELPING HAND   Aditya Govindaraj writes about how a mother's quest to help her child overcome hearing disability has led to the creation of Sadhya Educational Trust   To subscribe to this free newsletter log on to www.moneylife.in or email us at newsletter@moneylife.in To get FREE updates via sms click here.

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