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Key equity benchmarks recover after the finance ministry clarified on finance minister P Chidambaram's tax residency certificates announcement, which had created confusion among FIIs. At 14.07 hrs IST, the Sensex is up 105.18 points or 0.56 percent at 18966.72, and the Nifty up 37.85 points or 0.66 percent at 5730.90. The finance ministry said on Friday it will not question the validity of tax residency certificates (TRCs) held by foreign investors, while noting the current double-tax treaty with Mauritius remains in effect, pending continued talks... Visit here For Free Tips For Monday here: http://www.sharetips-capitalvia.com/stock-tips-for-tomorrow-stock-market-news/

Banking Government sources indicate that the cabinet could take up bank recap proposal today seeking Rs 12,500 crores recap in public sector banks in FY13 including SBI, PNB, Union Bank, Central Bank and exemption from cabinet nod for bank recap till 2018 sought. Oil and Gas: The oil ministry has moved a cabinet note proposing Rs 3 to 4.5 rupee per litre hike in diesel prices and Rs 100 hike per cylinder of LPG. The ministry has also proposed to raised the subsidy cap on LPG from the current 6 cylinders per family to 9.... Get more news and updates here- http://onlinetradingttips.blogspot.com

The BSE Sensex closed the day yesterday at 1996403, 146.40 points higher than earlier close. Yesterday, the oil ministry also did a partial decontrol of diesel price allowing a hike of 40-50 paise per month. And nearly Rs 11 for bulk consumers. Post this price hike market experts are of the opinion that this measure will give more leg to RBI to cut rates in the upcoming January policy.... Please Read full Report here- http://onlinetradingttips.blogspot.com

World Bank Chief Economist Kaushik Basu said Tuesday, Yes its a difficult period, but two years later India should be back again what it was attempting to be, which is 8.5-9.0 percent growth. I really feel that this is possible. Basu, former Chief Economic Advisor in the Finance Ministry, is here in connection with a conference on youth employment being organized by the World Bank. Stock Tips by optiontips.in Script: Pantaloon Retail Current: 195 Target: 235 Stop Loss: 189 Time Frame:7-10 Days Script: Jyothy Laboratories Ltd. Current: 175 Target: Read More on: http://www.kyachadega.com/2012/11/optiontipsin-yes-its-difficult-period.html

Japanese retail sales worsened in June, both overall and for large retailers in particular, according to Ministry of Economy,

India's infrastructure sectors like coal, electricity cement and steel are all slowing down according to the January core sector data. Growth in eigh core industries slowed to 1.8 percent, lowest in thirteen months, due to negative expansion in crude oil and natural gas. The Reserve Bank of India (RBI) and the Ministry of Finance have agreed, in the biggest change to the monetary policy since opening up the domestic economy more than two decades ago, to introduce inflation targetting to rein in a long history of volatile price rises. The two sides set a consumer price or retail inflation target of 4 per cent, with a band of plus or minus 2 per centage points, by the financial year ending March 31, 2017.The central bank will first aim to have consumer inflation fall below 6 percent by January 2016.

There is a downfall has been seen in India's Bullion import in November. As per the Data released by the Union Commerce Ministry, nearly 354 million dollars of gold was import in November which is 3648 percent less compared to November 2014. In November 2014 India's Gold import was about 557.28 million dollars. Read more here- http://www.pinnaclefinancial.in/blog/gold-silver-import-fell-in-november/

The Union Cabinet has approved the Real Estate (Regulation & Development) Bill, 2015. The Bill will now be taken up for consideration and passing by the Parliament. In a statement the government said the Bill will provide uniform regulatory environment to ensure speedy adjudication of disputes and orderly growth of the real estate sector... Read more here- http://www.pinnaclefinancial.in/blog/nine-ways-in-which-real-estate-bill-will-help-homebuyers/