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Banking

Central Bank Of India Revises Interest Rates On FCNR-B DEPOSITS w.e.f. 01.07.2014

The Bank now offers interest of 4.68 % for USD Deposit of 5 Years, 5.18 % for GBP Deposit of 5 Years, 3.67 % for EURO Deposit of 5 Years, 4.99 % for CANADIAN DOLLAR Deposit of 5 Years & 6.31 for AUSTRALIAN DOLLAR Deposit of 5 Years. These rates are revised based on the […]

Stock & Share

Sensex surges 104 points on Budget hopes

Continuing its upward journey for the third straight session, the benchmark BSE Sensex spurted by nearly 104 points in early trade on Tuesday on sustained fund inflows on hopes of strong economic measures in the upcoming Union Budget. The 30-share Sensex zoomed by 103.87 points, or 0.41 percent, to trade at 25,517.65 with metals, realty, […]

Business

Petrol price hiked by Rs 1.69/litre, diesel by Rs 0.50

Petrol price was on Monday hiked by a steep Rs 1.69 per litre and diesel by 50 paise a litre as the crisis in Iraq spooked international oil and currency markets. The hike, effective midnight tonight, excludes local sales tax or VAT and the actual increase will be higher, varying from city to city. Petrol […]

Stock & Share

Sensex soars 314 pts as oil drops, optimism rises over budget

Fall in global oil prices and optimism over the first Budget of the Narendra Modi-led government pushed up the benchmark Sensex on Monday by 314 points to close at 25,413.78, wrapping up one of the best quarters in recent years. Power, capital goods, PSUs, banking, consumer durables, healthcare, metals, auto and IT led the rally […]

Stock & Share

Sensex up 225 points on higher Asian cues

The benchmark BSE Sensex bounced back by 225 points in early trade on fresh buying in banking, capital goods, consumer durables, power and realty stocks on the back of higher Asian cues. Asian stocks firmed up ahead of a packed week of economic data that will test investor hopes for a pick-up in the US […]

Business

India expects 400 million air passengers by 2020: Raju

India has witnessed a growth in number of air travellers due to liberal aviation policy and entry of small air carrier, and is likely to touch 400 million mark by 2020, Union Civil Aviation Minister P Ashok Gajapathi Raju said on Sunday. “With the entry of small carriers the number of middle class passengers and […]

Business

SEBI provides clarity on employee stock option norms

Capital market regulator SEBI has said companies are barred from acquiring shares from the secondary market under the employee stock option schemes till the new regulations in this regard are notified. Sebi has also extended the timeline for companies to align their schemes with that of its guidelines as the watchdog is in the process […]

Markets

CapitalVia Global Research Ltd. market outlook report – June 30 to July 4

CapitalVia Global Research Limited Mr. Vivek Gupta – Director Research Equity market outlook The first budget of Modi’s government will be presented on July 10,2014 by the Financial Minister Arun Jaitley, while Rail Budget will be presented on July 8, 2014.In this union budget of 2014-15 salaried class and industries has a lot of expectation […]

Stock & Share

Sensex snaps two-day losing trend, up 37 pts

The benchmark BSE Sensex on Friday gained over 37 points on buying support from funds and retail investors amid easing global crude oil prices. Brokers said the beginning of new settlement in the derivatives segment also helped the index to end the day in the positive terrain. The Sensex, which had lost 306.23 points […]

Stock & Share

Sensex up 83 points in early trade

The benchmark BSE Sensex gained over 83 points in early trade on Friday on the back of fresh buying by funds and retail investors after beginning of new settlement for July series in the derivatives segment amid easing of global crude oil prices. The 30-share index, which had lost 306.23 points in the previous two […]