NDPMS Wealth Management

Analysts polled by Reuters had forecast growth of 4.6 percent. September's figure percent was the fourth successive quarter of economic growth below 5 percent. The economy grew a higher-than-expected 4.8 percent in the three months through September, helped by an uptick in agriculture and construction, government data showed on Friday.  The economy is struggling to rebound from a long slowdown. Economic growth virtually halved in two years to 5 percent in the fiscal year -- the lowest level in a decade -- and most economists surveyed by Reuters last month expect 2013/14 to be worse. Manufacturing rose an annual 1 percent during the quarter and mining fell by 0.4 percent, the data showed, while farm output rose 4.6 percent.

TCS has bagged a deal from Keler Ltd, Hungary's Central Securities Depository. Under the deal will deploy the market infrastructure solution of TCS BaNCS for modernizing its technology and set up its capability for T2S settlement. However, the financial details were not disclosed. TCS BaNCS solution will provide Keler with a modern, standards compliant, multi-asset, multi-entity solution that will enable it introduce new products and services.  Source: Angel Broking

5 Things You Probably Didn't Know About Warren Buffett by  Patrick Morris, The Motley Fool  Nov 23rd 2013 12:00PM Updated Nov 23rd 2013 12:02PM Warren Buffett, the chairman and CEO of  Berkshire Hathaway  is a household name, and according to Bloomberg, he has an estimated net worth of $59.3 billion, making him the fourth wealthiest person on the planet-- but there are five things you may not know about the affectionately titled "Oracle of Omaha." 1. Harvard turned him down Warren Buffett is rightly characterized as a hometown guy from the Midwest who has a particular affinity for Cherry Coke,  McDonald's , and  See's Candy (all businesses he owns shares of, or has owned in the case of McDonald's) -- but he is also outrageously intelligent. Buffett graduated high school at age 16 and promptly enrolled in Ivy League stalwart the University of Pennsylvania, but transferred closer to home to the University of Nebraska after two years. Upon gradua...