ECBs stand at US$ 4.56 bn during Dec 2013
27012014Indian firms have raised US$ 4.56 bn through external commercial borrowings (ECBs) in the month of Dec 2013 and US$ 2.18 bn during Nov 2013 by automatic and approval route. The borrowings stood at US$ 4.56 bn in Dec 2013 as compared to US$ 1.14 bn in Dec 2012.
External commercial borrowings (ECBs) since April 2011 (US$bn)
Source: PHD Research Bureau, compiled from RBI
Note: ECB contains both automatic and approval routes
India has received gross ECBs worth around US$233 bn between FY2001 and FY2014 (till Dec 2013).
Gross ECB Inflows (US$bn)
Source: PHD Research Bureau, compiled from RBI
* Data pertains till Dec 2013
Note: ECB contains both automatic and approval routes
A closer look at the ECBs pattern reveals that the lion’s share in ECB during the month of Dec 2013 is held by Overseas Acquisition contributing to about 62% of the total, followed by Other (Import of Non-Capital Goods) at about 11% and import of Capital Goods at about 8%.
Pattern showing ECBs during Dec 2013 (% share in total)
Source: PHD Research Bureau, compiled from RBI, Note: ECB contains automatic& approval route both
*Others with share of 0.15% include the external commercial borrowings by Vautid shah Hardface Private Limited and SGS India Private
Limited however, the purposes is not mentioned in the release.
Warm regards,
Dr. S P Sharma
Chief Economist
__________________
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Magnificent Trailer Launch of Balaji Motion Pictures Main Tera Hero
27012014
It was an afternoon to remember where the trailer of one of the most anticipated films of the year ‘Main Tera Hero’ was launched. With youthful energy and vibrancy, this event felt another aura of energy.
The king of comedies ‘David Dhawan ’ will be seen directing his younger son Varun Dhawan for the very first time. Main Tera Hero is a comic love triangle which encircles around Varun Dhawan, Ileana D’cruz and Nargis Fakhri with various twists and turns.
The Trailer of the film which recently released created a tremendous amount of buzz and people are already quite keen to see the film.
The entire cast and crew of Main Tera Hero were present on stage to interact with the media and share wonderful moments from their experiences together: Producer Ekta Kapoor, Director David Dhawan and Actors Varun Dhawan, Ileana D’cruz and Nargis Fakhri.
Directed by David Dhawan and produced by Balaji Motion Pictures,Main Tera Hero is all set to hit the screens on 4th April 2014, starring Varun Dhawan, Ileana D’cruz and Narghis Fakhri in the lead roles.–Shailesh Giri
Effective Communication(A Division of Shailesh Giri Media Group)
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Quake of M6.0 – at GREECE
27012014Today at 3:07 AM
Preliminary Earthquake Report to early to gauge details of lossMagnitude6.0Date-Time
- 26 Jan 2014 13:55:43 UTC
- 26 Jan 2014 15:55:44 near epicenter
- 26 Jan 2014 17:55:43 standard time in your timezone
- 0 km (0 mi) NW of Lixourion, Greece
- 61 km (37 mi) NW of Zakynthos, Greece
- 87 km (53 mi) SSW of Preveza, Greece
- 89 km (55 mi) WSW of Mesolongi, Greece
- 289 km (179 mi) W of Athens, Greece
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Vinod Kumar Binni expelled from AAP at dharna
27012014
Vinod Kumar Binny as per the e channels reports will hold protest at Jantar Mantar today against AAP leaders on his expulsion.He said that he has the support of 3 -4 MLA against the party unethical behavior.
AAP Press Release – Vinod Kumar Binni expelled from AAP
From: Media Cell AAP <aapmediacell@gmail.com> Sun, 26 Jan ’14 10:16p
To: undisclosed-recipients:;
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New Delhi: The Aam Aadmi Party formed a disciplinary committee, on 19-Jan-2013, headed by Pankaj Gupta to look into the matter of Vinod Kumar Binny. The other members of the committee included Ashish Talwar, Illyas Azmi, Yogendra Yadav and Gopal Rai.
This disciplinary committee has decided to expel Vinod Kumar Binny and terminate his primary membership from the party, for publicly making false statements against the party and its leadership, thereby bringing disrepute to the party. A letter to the same end has been issued to Vinod Kumar Binny.
Thanks.Regards,
AAP Media cell