Money News - Page 30
India suspends tax benefits pact with Cyprus
The immediate fallout of this decision will be that an individual or a businessman who transacts between the two countries will not get beneficial tax deductions and will have to undergo stricter tax scrutiny.
Sensex surge: Samvat 2070 will not begin on a highly bullish note
Prone to bouts of irrational exuberance and deep despair, the markets-seen by many experts often as bipolar-is busy putting together the pieces of good news from everywhere.
Govt cuts import tariff on gold, hikes silver
The import tariff value is the base price at which the customs duty is determined to prevent under-invoicing.
Celebrating Diwali on a tight budget? Here are your options
Here are a few tips to celebrate Diwali on a shoestring budget.
Sensex new high: Old-time investor is a sad man today
Why the Indian retail investor is still not smiling <br /><br /> <br /><br /> <br /><br /> <br /><br /> <br /><br /> <br /><br /> <br /><br /> <br /><br /> <br /><br />
Chart shows Sun Pharma, TCS top Sensex performers since 2008
This is how Sensex stocks have fared in the last 70 months.
Check out: Best and worst Sensex performers since 2008
Check the worst and the best performing stocks in the last 5 years.
Jignesh Shah quits MCX, says NSEL crisis destroyed 'everything'
Jignesh Shah, who is embroiled in the Rs 5,600-crore payment imbroglio at NSEL, on Thursday resigned as Non-Executive Vice Chairman of MCX and said this crisis has destroyed "everything" he has worked for all his life.
MCX founder Jignesh Shah resigns from board
MCX is 26 percent owned by Financial Technologies, of which Jignesh Shah is founder, chairman and CEO.
Sensex hits record high: Time to forget these five party poopers
If you feel there is something terribly missing, remember the proverbial three wise monkeys: see no evil; hear no evil; say no evil. After all, who would want to play the party pooper at such a time?
PSU banks lead rally on valuations, stabilising assets
Shares of state-owned banks rallied today on hopes of stabilising asset quality and on valuations seen as attractive, said analysts.<br /><br />
Sensex new high: It's a bust cycle, spot next bubble to make money
E-commerce is definitely a bubble building and it remains to be seen at what stage the bubble is in - very early, early, growing or peaking out stage.
SBI raises fixed deposit rate by token 0.2% on select maturity
With the revision, term deposit between 180-210 days less than Rs 1 crore would now earn 7 percent against existing 6.80 percent, SBI said in a statement.<br /><br />
Five-point check list while making a real estate investment
For self-use buyers, the best time to buy is before investor activity starts in earnest in locations with high appreciation potential.
Sensex at 21,000 is an illusion; it is actually below 13,000
In nutshell, the new high of the Sensex is illusory. The higher you go, the steeper the fall.
IPO roadshow: Twitter has learned from Facebook's mistakes
Some investors say they believe Twitter's management has learned from Facebook's mistakes and are pricing the deal in a more conservative manner.
Two firms sue Twitter for $124 mn over pumped up share price
Two financial firms sued Twitter on Wednesday, saying it supported their own world tour to sell its shares last year, only to disallow the sales in a ruse aimed at boosting the company's valuation above $10 billion for an initial public offering.
Global stocks fall, $ at 2-week high: Things to know before opening bell
What you need to know before the Indian market opens.
Markets ready for samvat 2070: Sensex hits new closing high
The BSE benchmark Sensex today surged nearly 105 points to close at all-time high of 21,033.97 on heavy foreign fund inflows in bluechips, amid speculation that the US Fed would maintain its monetary stimulus when they conclude a meeting today.<br /><br />
Global rally: How Fed's move raised financial boats in one big wave
Even though the US Federal Reserve has kept its $85 billion-a-month of bond buying constant throughout, fevered speculation surrounding its easy money spigot has by itself dictated the massive ebb and flow of liquidity seen this year.
RBI policy reaction: Why markets may be jumping the gun
The Indian market's behaviour shows that text book economics has gone for a toss, once and for all.
RBI rate hikes = 21,000 Sensex: What happened this time
Equities are either ignoring growth and inflation risks or are factoring in something that the bond market is not, given that the Sensex and Nifty are close to record highs.
Get rich: Top 10 stocks you must buy this Diwali
As an investment strategy, Angel recommends rate-sensitives, IT, pharma and metals.<br /><br />
Bonds to loans: What RBI policy means for retail investors
It is too early to say if banks will pass on the hike in rates to customers, or hike FD rates or choose to absorb it and continue lending on current terms
Diwali is here: Sensex ends at all-time closing high of 21033
Soon after the announcement the BSE Sensex gained 100 points, trading near the high of the day. But thereafter it fell slightly and the markets are trading flat now.
How guaranteeing a loan can affect your credit score and history
If lenders feel that the financial health of the end borrower cannot be determined standalone, or in case the borrower has no source of income, another option to get a loan processed includes involving a guarantor
RBI policy: What Rajan said on onions, elections and inflation
Indian markets opened flat as investors remain cautious ahead of RBI's policy move. The RBI is expected to raise policy interest rates for the second time in as many months today to fight stubbornly high inflation, while rolling back further emergency measures put in place recently to support the slumping rupee.<br /><br />