The benchmark Sensex created history on Monday by closing above the 26,000 mark for the first time on hopes of growth-oriented policy announcements in the maiden Budget of Narendra Modi government. Besides, a rally in technology stocks, led by Infosys, which will kick-start the earnings season for the April-June quarter later this week, also buoyed […]
In a major revamp of natural gas allocation policy, the government will give city gas projects selling CNG to automobiles and piped cooking gas to households top-most priority for receipt of domestically produced gas. Presently, urea-manufacturing fertiliser plants have the first right over the domestically produced gas, followed by liquefied petroleum gas (LPG) plants and […]
Overseas investors have pumped in a staggering over USD 20 billion into the Indian market in the first half of the year, mainly on hopes of a stable and reform-oriented government at the Centre. The net investments by foreign investors into equity markets stood at USD 9.96 billion (Rs 59,795 crore) during January-June 2014, while […]
Petroleum and Natural Gas Minister Dharmendra Pradhan has said that government will continue with the extant pricing policy of petroleum and LPG. Ruling out any immediate hike in prices of LPG and kerosene he said the new government will continue with the policy of subsidising cooking fuels, kerosene. He said NDA government will also not […]
By Mr. Vivek Gupta – Director Research Precious metal:- Gold was steady on Friday after sharp overnight losses, but the metal was at risk of further declines as strong U.S. jobs data and record highs on Wall Street dented bullion’s safe-haven appeal. employment growth jumped in June and the jobless rate closed in on a […]
Continuing its record-setting spree, the benchmark Sensex on Friday rebounded over 138 points to end at new closing peak of 25,962.06, led by oil & gas shares, on hopes of reforms and a growth-oriented Budget next week. Expectations the government is prepared to tackle any crisis related to poor rains and strong global cues after […]
To promote the Official Language in Banks every year Andhra Pradesh State level Banker’s Committee gives prizes for outstanding performance every year. In continuation of this for the year 2012-13 Central Bank of India has been awarded First Prize. This prize has been given in the 184th Andhra Pradesh State Level Banker’s Committee held in […]
Blaming hoarders for the rise in food inflation, Finance Minister Arun Jaitley said there is “no panic situation” and asked the states to take measures to crackdown on hoarding and black marketing to rein in prices. “When production of food items is higher than last year and still prices rise, then it means that intermediaries […]
The benchmark BSE Sensex recovered nearly 54 points in early trade on Friday on emergence of buying by funds and retail investors amid positive cues from other Asian markets. The 30-share index, which had lost 17.46 points in the previous session, rose by 53.97 points, or 0.21 per cent, to 25,877.72, with stocks of healthcare, […]
IDBI Bank has launched a new Signature Debit Card, catering to the needs of their HNI customers and the fist card was presented to Shri Rishi Kapoor one of their oldest customers. The Signature debit card has some special benefits and is a part of the celeberation of IDBI Bank’s completion of it’s journey spanning […]
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