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October 30, 2013 11:13 AM
The government has approved 13 Foreign Direct Investment, FDI proposals amounting to over 1,258 crore rupees. An official release said, these proposals were approved on the recommendations of the Foreign Investment Promotion Board, FIPB. Those cleared include 755 crore rupees proposal of Shantha Bio...
October 30, 2013 10:20 AM
The Sensex at the Bombay Stock Exchange regained the 21,000 level in early trade today, as it surged 100 points to 21,029 on heavy fund inflows in realty, banking and auto sectors, amid a firming trend in the Asian region. The 30-share index had gained 359 points in the previous session.The Nifty at...
October 30, 2013 10:19 AM
The rupee lost 19 paise to 61 rupees 50 paise against the dollar in early trade today. The fall was attributed to the appreciation of the US currency against other currencies overseas ahead of the Federal Reserve policy decision. The domestic currency had gained 21 paise to close at 61 rupees 31 pai...
October 30, 2013 9:55 AM
Snapping five days of losses, the Sensex at the Bombay Stock Exchange surged 359 points, or 1.7 percent, to close at 20,929, on Tuesday, after the Reserve Bank announced its monetary policy review. The Nifty at the National Stock Exchange jumped 120 points, or 2 percent, to 6,221.Stock markets in Ja...
October 30, 2013 9:40 AM
The Reserve Bank has asked banks to charge customers for transaction SMS alerts on the basis of usage, instead of imposing a fixed fee. In its Second Quarter Review of Monetary Policy 2013-14, RBI said, banks have been advised to leverage the technology available with them and the telecom service pr...
October 30, 2013 9:14 AM
Market regulator Sebi on Tuesday relaxed the norms for primary issuance of debt securities by companies, in a bid to develop the country's corporate bond market. As per the new measures implemented by Sebi, cash flows emanating from the debt securities would have to be disclosed in the pros...
October 29, 2013 8:24 PM
Snapping five days of losses, the Sensex at the Bombay Stock Exchange surged 359 points, or 1.7 percent, to close at 20,929, today, after the Reserve Bank announced its monetary policy review. The Nifty at the National Stock Exchange jumped 120 points, or 2 percent, to 6,221.Stock markets in Japan, ...
October 29, 2013 5:58 PM
Snapping five days of losses, the Sensex at the Bombay Stock Exchange surged 359 points, or 1.7 percent, to close at 20,929, today, after the Reserve Bank announced its monetary policy review. The Nifty at the National Stock Exchange jumped 120 points, or 2 percent, to 6,221.Stock markets in Japan, ...
October 29, 2013 5:50 PM
The British Prime Minister David Cameron is due to unveil plans for a new Islamic index on the London Stock Exchange. He will make the announcement at the World Islamic Economic Forum in the next few minutes. The World Islamic Economic Forum is hosting its ninth annual conference in London from toda...
October 29, 2013 5:49 PM
The Reserve Bank of India today allowed the banks to revise the periodicity of interest payments thus enabling savings bank account and term deposit holders to earn interest at shorter intervals. RBI Governor Raghuram Rajan said in the Second Quarter Review of Monetary Policy 2013-14 that as all com...
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