Small investors should not directly trade in equities: SEBI
May 19th, 2012 - 8:14 pm ICT by IANS
New Delhi, May 19 (IANS) Small investors should not start trading directly in stock market as they don't have adequate resources to take informed decision, chairman of the Securities ... Read more...
Posted in Business |
RBI, budget big let down for Indian markets (Weekly market review)
March 17th, 2012 - 2:50 pm ICT by IANS
Mumbai, March 17 (IANS) Indian equities markets closed on a quiet note as several key events like the monetary policy and the federal budget failed to enthuse investors.The 30-scrip ... Read more...
Posted in Business |
Budget fails to impress markets, Sensex tanks 210 points (Roundup)
March 16th, 2012 - 7:53 pm ICT by IANS
Mumbai, March 16 (IANS) Finance Minister Pranab Mukherjee's budget proposals Friday failed to enthuse investors and a benchmark index for Indian equities markets closed nearly 210 points lower.The 30-scrip ... Read more...
Posted in Uncategorized |
New tax saving scheme for equity investment, STT cut proposed
March 16th, 2012 - 5:31 pm ICT by IANS
New Delhi, March 16 (IANS) To encourage retail investors to participate more in the capital market, Finance Minister Pranab Mukherjee Friday proposed a new tax exemption scheme -- Rajiv ... Read more...
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Mukherjee’s budget promises tax relief, subsidy cut, reforms (Fourth Lead)
March 16th, 2012 - 4:12 pm ICT by IANS
New Delhi, March 16 (IANS) Tax relief to individuals, promise to curb black money, major push on infrastructure, capital market reforms and huge subsidy cut were among proposals listed ... Read more...
Posted in Business |
Sensex up 101 points after Mukherjee concludes budget speech (Second Lead)
March 16th, 2012 - 3:08 pm ICT by IANS
Mumbai, March 16 (IANS) A benchmark index for Indian equities markets Friday was ruling 101 points higher as Finance Minister Pranab Mukherjee finished his 110-minute budget speech laden with ... Read more...
Posted in Business |
Budget highlights 4
March 16th, 2012 - 1:15 pm ICT by IANS
* Infusion of Rs.15,888 crore in public sector banks, regional rural banks and NABARD in 2012-13.* Infrastructure will require Rs.50 lakh crore in 12th Plan, half of this from the private ... Read more...
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Budget highlights 3
March 16th, 2012 - 1:08 pm ICT by IANS
* From 2012-13, full subsidies for providing food security; in other sectors to the extent the economy can bear this.* Hope to raise Rs.30,000 crore from disinvestments.* New equity savings scheme ... Read more...
Posted in Business |
8.7 percent interest on new post office savings scheme
November 29th, 2011 - 9:05 pm ICT by IANS
New Delhi, Nov 29 (IANS) The government will introduce a new post office savings scheme of 10-year maturity effective from Dec 1, that will earn annual compound interest rate of ... Read more...
Posted in Business |
Interest rates on provident fund, post office savings hiked
November 11th, 2011 - 11:43 pm ICT by IANS
New Delhi, Nov 11 (IANS) The government Friday hiked interest rates on deposits under the public provident fund (PPF) scheme to 8.6 percent from 8 percent and post office savings ... Read more...
Posted in Business |
Bangladesh introduces savings scheme for women
June 23rd, 2010 - 9:56 pm ICT by IANS
Dhaka, June 23 (IANS) The Bangladesh government Wednesday introduced a Family Savings Certificate, allowing investment up to Taka three million, aimed at making women economically self-reliant.
Family Savings Certificate of Taka 10,000, ... Read more...
Posted in Business |
Madhya Pradesh official’s houses raided, hidden assets found
January 18th, 2010 - 6:36 pm ICT by IANS
Bhopal, Jan 18 (IANS) Raids conducted at the residences of deputy director of the urban administration department here have yielded immovable property and other hidden assets worth over Rs.2 crore, officials said ... Read more...
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Mamata declares her humble assets
April 22nd, 2009 - 10:07 pm ICT by IANS
Kolkata, April 22 (IANS) While billionaire politicians are grabbing headlines, Trinamool Congress party chief Mamata Banerjee Wednesday declared assets worth Rs.4.73 lakh (Rs.473,000). She does not own a car or a house.
The ... Read more...
Posted in Politics |
Rahul Gandhi’s assets Rs.2.25 crore, he doesn’t own a car
April 4th, 2009 - 6:27 pm ICT by IANS
Sultanpur (Uttar Pradesh), April 4 (IANS) The total worth of Congress general secretary Rahul Gandhi is around Rs.2.25 crore (Rs.22.5 million/$450,000), and the young scion of the Nehru-Gandhi family does not ... Read more...
Posted in Politics |