Money News - Page 23

Sensex, Nifty can end year at record highs if Fed taper is a non-event
The markets were well prepared for a rate increase and would have preferred one with a guidance. However, a no-rate hike with an uncertain guidance that it may take action on non-policy dates if the inflation moves higher will keep the markets edgy.

No rate hike: Sensex jumps 250 pts on Rajan's surprise move
The benchmark BSE Sensex today surged nearly 253 points in late morning trade on buying in blue-chip stocks led by the banking sector after the RBI kept interest rates unchanged in its monetary policy review.

Reminder: You need landlord's PAN if annual rent is over Rs 1 lakh
In case the landlord does not have a PAN, a declaration to this effect from the landlord along with the name and address of the landlord should be filed by the employees

Sensex flat ahead of RBI policy, Trent up 11% on Tesco buzz
The Sensex rose 36.34 points to 20,648.48, and the Nifty advanced 11.40 points to 6,150.45.

Sahara approaches Tribunal with fresh appeal against Sebi
The group on 5 December handed over a draft of Rs 5,120 crore, but claimed that more than Rs 20,000 crore have already been refunded directly to the investors. <br /><br />

Sensex ends in red for 6th straight day on rate hike fears
The benchmark Sensex today erased initial gains and ended over 47 points down, logging losses for the sixth day in a row, as investors grew nervous ahead of<br /><br /> RBI's policy review meet where it is expected to hike rates.

Six things everyone needs to know about travel insurance
Like every other insurance policies, travel insurance policy comes with a whole lot of jargons, exclusions, terms and conditions which make calculus seem easy to understand. We bring you six things to keep in mind, while buying travel insurance.

Apollo Tyres surges 9% after Cooper Tire loses court bid to force merger
Apollo Tyres surges 9% after Cooper Tire loses court bid to force merger

Despite WPI at 14-month high, Sensex up 100 pts; ICICI leads
The Sensex rose 110.29 points or 0.53 percent to 20,769.81, and the Nifty climbed 28.20 points or 0.46 percent to 6,182.90

NSEL scam: ED attaches assets of borrower firm worth Rs 100 cr
The Enforcement Directorate has attached a fresh estimated Rs 100 crore assets of a borrower company and its associates in connection with money laundering probe in the National Spot Exchange Limited (NSEL) scam case.

Focus on WPI, RBI policy: 10 things to know before the opening bell
10 things you should know before the opening bell

BSE to launch interest rate, equity derivatives by January 2014
With the new technology BOLT+ will enable acceptance of 500,000 orders per second capacity, which in turn leads to the currency derivative exchange trading success.

Investors pump Rs 1.5 lakh cr into mutual funds from Apr-Nov
As per the latest data available with Sebi, there was a net inflow of Rs 1,50,675 crore during the 2013-14 fiscal (April-November) as against a net inflow of over Rs 76,000 in the preceding fiscal.

Taper terror: Markets jittery with eyes on Fed meeting next week
The fall in Indian stocks was in line with global equities which headed for their biggest two-week drop since June amid concerns the Fed could start scaling back its stimulus after its two-day Federal Open Market Committee meeting ends on Wednesday.

Tata Motors emerges as cheapest export-based bet in Sensex stocks
Tata Motors has emerged as the cheapest export-oriented stock based on 12-month forward earnings among Sensex constituents, analysts say, mainly due to increasing contribution in revenues and profits from its unit Jaguar Land Rover.<br /><br />

HIV/AIDS patients will have to pay higher premium for life insurance
Insurance Regulatory and Development Authority (IRDA) Chairman T S Vijayan said insurance companies will provide life cover to persons with pre-existing illness, but the pricing will be based on commercial considerations.<br /><br />

Alert: Advance tax payment deadline extended to today
15 December is an important date for you. Why so? It is your one of your deadline to pay advance tax as per the income tax (IT) department rules.

Markets will be swinging till May 2014: How to gear up for volatility
Given that equities are at record highs in India and many parts of the globe, the volatility will be high with wild swings in markets. At times of volatility, it is best to lower risk in your portfolios.

Correction in bull mkt: Sensex erases gains made post state election results
The Sensex lost 154.80 points or 0.74 percent to 20,770.81, and the Nifty fell 51.55 points or 0.83 percent to 6,185.50.

Sensex marks biggest drop in 3 weeks, ends below 21000
The benchmark Sensex retreated for the third day in a row from an all-time high, dropping 246 points to close below the 21,000 level today ahead of inflation and industrial production data that may have a bearing on the RBI's policy next week.<br /><br />

Managing frauds: You must subscribe to banks' value-added SMS alerts
But before you get confused about these charges, there are a couple of things you need to know.

Poll predicts Sensex will touch 24,000 by end-2014
Uncertainty about the outcome of the elections, due by May, has prompted many investors and businesses to delay decisions as there are no clear favorites among leading parties to win a majority when India goes to elections.<br /><br />

Look who has arrived: Facebook to finally join prized S&P 500
The decision follows Facebook reporting its fourth straight profitable quarter in October, one of the criteria that S&P uses to determine eligibility for the index.<br /><br />

Sensex slips 100 pts, Nifty weak; Bharti Airtel down 2%
The Sensex fell 115.60 points to 21,055.81, and the Nifty declined 31.45 points to 6,276.45.

NTPC shares rebound, rise over 2% on value-buying
CERC has issued draft regulations for tariff determination during FY15-19 applicable for government companies.

Not Mallya but Heineken is top shareholder in United Breweries
Heineken, the world's third-largest brewer, now owns 38.7 percent after buying 1.3 percent on Tuesday from Citicorp Finance India, showed data on the National Stock Exchange on Wednesday. Mallya owns 37.4 percent.<br /><br />

Money Matters: Why revolvers get a bad deal when it comes to cards
A revolver is someone who rolls over credit card balance to next month, by paying only the minimum amount due or slightly more than the minimum amount, but less than the total balance

