Consumer confidence falls first time in 9 quarters:Nielsen

Consumer confidence in the country declined for the first time in nine quarters due to a fall in employment sentiment and subdued spending behaviour, according to the latest edition of the Nielsen global consumer confidence index released in Mumbai on Tuesday.


http://www.dnaindia.com/india/report_consumer-confidence-falls-first-time-in-9-quarters-nielsen_1716088

Sensex tumbles 244 pts as RBI keeps rates untouched

Mumbai: In a highly volatile trade, the Sensex Monday tumbled 244 points as RBI unexpectedly kept lending rates unchanged sparking off hectic selling, especially in interest-sensitive stocks banks, realty and auto.

Facebook IPO Said to Get Weaker-Than-Forecast Demand-

Facebook Inc’s initial public offering has so far generated lower-than-expected demand from institutional investors who are concerned about the company’s growth prospects, people with knowledge of the matter said.

Black money: Snoop agencies report real estate as top violator

NEW DELHI: Economic intelligence agencies have informed the Finance Ministry that a major chunk of illegal funds and black money is being generated and routed in the real estate sector of the country. 

India to lose the 'I' in BRICS????

New Delhi: Indian babus tried to persuade S&P men to raise its rating , but were rudely shocked at what transpired thereafter.

Standard & Poor's (S&P) credit analyst Takahira Ogawa listened politely as Indian govt officials at the finance ministry made an hour-long pitch for a ratings upgrade, citing economic growth prospects, revenues and their efforts to contain the government's fiscal deficit.