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December 25, 2013 10:19 PM
Government has launched inflation indexed saving bonds, which offer protection to retail investors from price rise.It is open for subscription between December 23-31.The minimum limit for investment is Rs 5,000 and the maximum is Rs 5 lakh per applicant per annum.Interest rate would be linked to Con...
December 25, 2013 9:06 PM
Snapping a two-day losing streak, gold rose 125 rupees, to 30,175 rupees per ten grams at Delhi's bullion market, today, on Christmas demand, coupled with a firm global trend. Silver gained 140 rupees, to 43,690 rupees per kilo, on increased offtake by industrial units. Silver coins held st...
December 25, 2013 8:37 PM
Revenue from service tax has grown by over 300 times in past two decades. According to provisional figures the revenue from service tax touched about 1.32 lakh crore rupees in 2012-13, compared to 407 crore rupees earned in 1994-95, when service tax was introduced. The number of assessees have also ...
December 24, 2013 9:10 PM
The Reserve Bank today said that the virtual currencies like bit coins are highly speculative and unregulated instruments and cautioned users about the potential financial, operational and legal security risks.The RBI in a release said that the creation, trading or usage of 'Decentralized D...
December 24, 2013 8:48 PM
SEBI today unveiled a slew of measures to bring to book those running illegal money-pooling schemes and indulging in other fraudulent activities. It has also made it easier for companies to raise funds through genuine equity or debt offers, Sebi has also decided to ensure faster refund of money to i...
December 24, 2013 5:53 PM
Snapping two days of gains, the Sensex at the Bombay Stock Exchange declined 68 points, or 0.3 percent, to close at 21,033, today, as investors started unwinding their pending positions ahead of the monthly settlement in the derivatives segment. The Sensex had rallied over 390 points in the previous...
December 24, 2013 5:41 PM
Snapping two days of gains, the Sensex at the Bombay Stock Exchange declined 68 points, or 0.3 percent, to close at 21,033, on profit-booking by investors, today. The Sensex had climbed over 390 points in the previous two trading sessions.
December 24, 2013 2:18 PM
The Sensex at the Bombay Stock Exchange gave up all its initial gains, to stand 51 points, or 0.2 percent in negative territory, at 21,050 in afternoon trade, a short while ago. Earlier in the morning, however, the Sensex had advanced 56 points, or 0.3 percent, to 21,157, on continued buying by fund...
December 24, 2013 1:03 PM
The benchmark BSE Sensex was trading flat in the afternoon trade a short while ago. It rose by 56 points to 21,157 in early trade today on sustained buying by funds amid a firm trend on other Asian bourses.The Nifty was also trading 4 points up at 6,288, a short while ago.
December 24, 2013 12:06 PM
The rupee continued to rule firm for the third consecutive day today by gaining another 9 paise to 61.86 per dollar on sustained selling of the US currency by banks and exporters in view of strong foreign capital inflows.Weakness of dollar in the overseas market also boosted the rupee value. The rup...
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