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Inflation declines to 8.23% in January
Written on 14 Feb, 2011 at 8:04 in Finance | viewed 3 views times | No Comments
New Delhi: Inflation declined marginally to 8.23 percent in January from 8.43 percent in the previous month, as prices of certain commodities like wheat, pulses and sugar eased, although essential items like onion and other vegetables continue to remain dearer.... (Continue reading)
Food inflation at 7-week low of 13.07%
Written on 10 Feb, 2011 at 8:52 in Finance | viewed 2 views times | No Comments
New Delhi: Food inflation fell to a seven week low 13.07 per cent for the week ended January 29 as pulses turned cheaper, even as vegetables remain costly. Snapping the two week rising trend, food inflation fell nearly 4 percentage... (Continue reading)
Lost Rs 3 lakh cr due to bear cartel in 2 weeks: ADAG
Written on 10 Feb, 2011 at 8:48 in Finance | viewed 10 views times | No Comments
New Delhi: Hit by a massive sell-off in stocks of various group companies, Reliance Anil Dhirubhai Ambani Group on Thursday said it is a victim of a bear cartel that has caused a market value loss of over Rs 3... (Continue reading)
Govt sends notices to 17 related to Swiss black money trail
Written on 5 Feb, 2011 at 9:01 in Finance | viewed 4 views times | No Comments
Kolkata: Finance Minister Pranab Mukherjee today said the government has served notices to 17 persons related to the Swiss Banks black money trail, but it is not possible to reveal their names. “We have received a few names and already... (Continue reading)
Choosing the right tax-saving product
Written on 3 Feb, 2011 at 6:32 in Finance | viewed 10 views times | No Comments
... (Continue reading)
RBI hikes key rates by 0.25%; home, auto loans may cost more
Written on 25 Jan, 2011 at 8:35 in Finance | viewed 7 views times | No Comments
New Delhi: Home, auto and loans to corporate may become costlier as RBI today hiked short-term lending and borrowing rates by 0.25 per cent each, though bankers felt there may not be an immediate increase in interest rates. These initiatives... (Continue reading)
Nashik traders’ strike add to onion woes
Written on 10 Jan, 2011 at 10:23 in Finance | viewed 4 views times | No Comments
Nashik: Onion traders in the district have decided not to purchase onions for two days, starting Monday, from Agricultural Produce Market Committees (APMC) to protest state government’s directive that onions should not sell over Rs 40 per kg. Nashik District... (Continue reading)
Markets start 2011 on a strong note; Sensex opens 154 pts up
Written on 3 Jan, 2011 at 7:25 in Finance | viewed 5 views times | No Comments
Mumbai: The Bombay Stock Exchange benchmark Sensex Monday opened almost 154 points up on continued buying by foreign funds and retail investors, tracking firming Asian bourses. The BSE Sensex moved up by 153.77 points or 0.67 percent to 20,662.86 points,... (Continue reading)
Citibank manager Shivraj Puri surrenders in Gurgaon
Written on 30 Dec, 2010 at 7:32 in Finance | viewed 31 views times | No Comments
New Delhi: Citibank manager Shivraj Puri, accused of cheating investors of around Rs.200 crore, surrendered to police here Thursday, almost 48 hours after one of India’s biggest banking frauds came to light. The alleged fraud which could run into Rs... (Continue reading)
BSE launches sharia stock index for Muslims
Written on 27 Dec, 2010 at 8:21 in Finance | viewed 16 views times | No Comments
Mumbai: The Bombay Stock Exchange launched a share index of sharia-compliant companies on Monday in an attempt to open stock-trading to more Muslims. The BSE TASIS Sharia 50 consists of the largest and most liquid sharia-compliant stocks within the BSE... (Continue reading)
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