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May 2, 2013

India stock funds rise in April, gold ETFs struggle

NEW DELHI, May 2 (Reuters) – India’s diversified stock
mutual funds outperformed the broader market marginally in
April, with high exposure to financial services stocks
supporting unit values, data from fund tracker Lipper showed.

Hopes that India’s current account deficit would narrow
after commodity prices eased in April boosted Indian shares,
with the benchmark index rising 3.5 percent to its
highest close in 1-1/2 months.

Apr 23, 2013
via India Insight

Delhi rape case reignites police reform debate

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(Any opinions expressed here are those of the author and not necessarily of Reuters)

I live in India’s rape capital where rape cases are as common as power cuts used to be a few years ago. Even reports of police misbehaviour have become routine.

Apr 2, 2013

Equity diversified funds post worst quarter in five

NEW DELHI (Reuters) – India’s diversified stock funds posted their worst quarterly performance in over a year as fund managers’ bets on small- and mid-cap shares and sectors like capital goods dented unit values, data from fund tracker Lipper showed.

Such funds fell 7.5 percent on average during the three-month period that ended in March, underperforming the Sensex’s drop of 3 percent by a wide margin, and registering their worst quarterly show since Oct-Dec 2011. In March, the funds registered a drop of 1.34 percent.

Apr 2, 2013

India stock funds post worst quarter in five; outlook cautious

NEW DELHI, April 2 (Reuters) – India’s diversified stock
funds posted their worst quarterly performance in over a year as
fund managers’ bets on small- and mid-cap shares and sectors
like capital goods dented unit values, data from fund tracker
Lipper showed.

Such funds fell 7.5 percent on average during the
three-month period that ended in March, underperforming the
benchmark index’s drop of 3 percent by a wide margin,
and registering their worst quarterly show since Oct-Dec 2011.
In March, the funds registered a drop of 1.34 percent.

Mar 20, 2013
via India Insight

Anti-rape bill goes easy on first-time stalkers, but only if innocent

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(Any opinions expressed here are those of the author and not necessarily of Reuters)

Women have become increasingly worried about their safety in New Delhi after the gang rape and torture of a young woman aboard a moving bus last December. Not for nothing do people call the city India’s rape capital. Beyond the leers and the crass words that men often direct at women walking on the street, fresh fears have arisen over stalkers.

Mar 4, 2013
via India Insight

Chidambaram’s ‘Hangout’ debut: learning from Modi, a lesson for others

Photo

(Any opinions expressed here are those of the author, and not necessarily of Thomson Reuters)

P. Chidambaram’s budget announcements might not have pleased everyone, but the finance minister has done reasonable work in the recent months to improve market sentiment and shed the ruling coalition’s “business as usual” image.

Mar 4, 2013

Equity diversified funds post worst month since Nov 2011

NEW DELHI (Reuters) – India’s diversified equity mutual funds posted their worst performance in more than a year in February, dragged down by poor returns in financials and mid- and small-caps, according to data from fund tracker Lipper.

Such funds fell 6.7 percent on average last month, under-performing the 5.2 percent fall in the BSE Sensex, and marking their worst performance since November 2011.

Mar 4, 2013

India equity funds post worst month since Nov 2011

NEW DELHI, March 4 (Reuters) – India’s diversified equity
mutual funds posted their worst performance in more than a year
in February, dragged down by poor returns in financials and mid-
and small-caps, according to data from fund tracker Lipper.

Indian funds fell 6.7 percent on average last month,
under-performing the benchmark BSE index’s 5.2 percent
fall, and marking their worst performance since November 2011.

Feb 6, 2013
via India Insight

A look at India’s last five annual budgets

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The countdown has begun for the biggest business and economic event of the year, the release of India’s annual budget at the end of February, and Finance Minister P. Chidambaram has a tough job on his hands. With general elections a year away, he must please voters, boost growth and control deficits.

In the last five years, the finance minister has always relaxed income tax slabs — by either increasing the basic exemption limit or widening the tax slabs. As far as markets go, the 2009 budget day was the worst for stocks as the index fell around 950 points during trade. However, the focus has always been on the government’s fiscal deficit targets, which have hovered around the 5 percent mark in recent years.

Feb 4, 2013

Equity funds fail to capitalise on Jan rally; outlook muted

NEW DELHI (Reuters) – Diversified equity mutual funds underperformed the broader market by a wide margin in January, as exposure to financials and to mid- and small-cap stocks hit returns, according to data compiled by fund tracker Lipper.

Funds overall returned 0.45 percent during a month in which the BSE Sensex rose 2.4 percent, up for a third consecutive month on the back of continued strong foreign net inflows and government reform measures such as allowing diesel prices to rise.

    • About Aditya

      "Aditya is part of the India politics, economy and general news team at the Reuters bureau in New Delhi. After joining Reuters in July 2008, Aditya spent nearly six years managing content and writing for the Reuters.com India edition. During 2013-14, he was closely involved in developing the website's India Insight platform, writing on topics ranging from business and politics to stocks and mutual funds. Follow him on Twitter @adityakalra"
      Joined Reuters:
      July 2008
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