MKT NEW TODAY INDIA- Govt, RBI & Econ * HSBC Manufacturing PMI rebounds to 51.3 in Nov, highest in eight months * Diesel price hiked by Rs 0.50/litre w.e.f midnight * RBI Permits banks to undertake insurance broking business departmentally * Q2 GDP grows better-than-expected 4.8 pct in Sept quarter * Indias April-Oct fiscal deficit touches 84 pct of full-year target * 74 percent FDI likely in credit information firms: Reports GLOBAL => Chinas factory activity maintained steady growth momentum in November, boosted by resilient new orders, though the pace of expansion eased slightly from October. => U.S. data including non farm payrolls, third quarter GDP and manufacturing PMI will be released this week, giving more insight into the strength of the US economy which could provide clues on when the Federal Reserve will begin scaling back its monetary stimulus.
Posted on: Mon, 02 Dec 2013 05:48:21 +0000
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