Q2 September 2012 email address details are announced in the forthcoming week. Investors and analysts will closely watch the management commentary that would go with the results that could cause revision in their future earnings forecast of the company for the current year or another year. Aviation stocks and shares will be in concentrate as state-run essential oil marketing companies (PSU OMCs) will take on fortnightly overview of jet fuel costs. PSU OMCs revise jet fuel costs on the very first and 16th of every month predicated on the common international crude price in the preceding fortnight. Aviation turbine energy or jet fuel constitutes more than 50% of operating cost for airliners. Prices of aircraft fuel are directly linked to crude oil prices.
RBI announces Second Quarter Overview of Monetary Policy – 2012-13 on 30 October 2012. The Reserve Bank or investment company of India’s (RBI) remaining interest rates unchanged at its last plan meeting on 17 September 2012 citing sticky inflation. RBI Deputy Governor Subir Gokarn said on 3 October 2012 that the central bank or investment company will element in the impact of the government’s financial reforms on development and inflation while formulating its monetary policy.
The committee within an earlier report submitted to the federal government last month experienced suggested deferring the execution of GAAR by three years. The committee acquired also suggested that the federal government should abolish the taxes on gains due to transfer of listed securities, whether in the nature of capital gains or …Learn more →