GOLDEN RULES FOR TRADING

FREE DAILY SECTORS ALERT - 10.12.2013

* BANKING: United Forum of Bank Unions has called all-India strike on Dec 18. 

* COURTS: The Supreme Court has issued notices to the Centre, Atomic Energy Regulatory Board and Nuclear Power Corp on a plea seeking restraint on
commissioning of the Kudankulam Nuclear Power Plant. 

* ECONOMY: Reserve Bank of India Governor Raghuram Rajan said the Indian government may squeeze spending as it aims to reduce the fiscal deficit to 4.8% of gross domestic product. RBI Rajan said tackling inflation remained the on the top of the agenda for the central bank. 

* ENERGY: Petroleum and Natural Gas Regulatory Board to determine marketing margin of private companies for supplying domestic gas to urea and LPG producers. 

- The government has formulated a draft policy on usage of surplus coal and it is being circulated to various ministries for comments. 

- Central Electricity Regulatory Commission has finalised draft guidelines for tariff determination, which will be implemented for 5 years starting April. 

* HEALTHCARE: Dubai 's DM Healthcare Llc plans to invest 40 bln rupees in four years in India 's fast growing healthcare market. 

* INFRASTRUCTURE: Tata's realty division has opted out of the race for Chennai airport privatisation programme as the bidding norms do not allow airlines or its group entities to own more than 10% in the special purpose vehicle selected to manage the airports. 

* INVESTMENT: Foreign Investment Promotion Board has cleared nine proposals, but deferred Vodafone Group's plan to increase foreign investment in its Indian arm. 

* GOVERNMENT: Strong capital inflows may increase demand for government debt, but these flows also pose a 'sudden-stop risk', RBI Deputy Governor Harun Khan said. 

* PHARMACEUTICAL: Supreme Court has ruled that Government's drug pricing order will take "immediate" effect with "absolute obligation" on companies. 

* TAXATION: Finance ministry has asked Cyprus to provide, in two months, information under the Double Tax Avoidance Agreement. 

* TELECOM: The Cabinet has given approval to the Empowered Group of Minister's decision on spectrum pricing. 

- RELIANCE INDUSTRIES Chairman Mukesh Ambani on Monday said his company was open to joining hands with BHARTI AIRTEL to improve telecom network for 4G services in Punjab . 

* TRADE: Cabinet has cleared the Bilateral Investment Protection Agreement with UAE, which is likely to encourage more foreign fund inflows from the region.