Money News - Page 10

Worst not over for India as chance of downgrade remains high

For those who rejoiced after a marginal pull back in the rupee, here's a reality check: extreme volatility is back to haunt the markets, with the rupee plunging below 67 again and shares falling 400 points.

Phew! Foreign investors finally snap selling spree in stock mkt

Overseas investors, who have been net buyers of Indian shares so far in 2013, have sold the same in each of last 3 months weighed by a record low rupee, persisting worries on fiscal deficit and a policy flip-flop amid a slowing economy.

Where to invest now: FDs, bonds, gold and equity

The next year will be an economic roller-coaster, and hence needs an investing strategy that looks both at the short-term and the post-election phase.

Carpet bombing: No more gold ETFs as Sebi curbs new launches

The government's paranoia about gold is now turning into madness.

Rupee may fall to 70, will stabilise at 65-67: Nilesh Sathe, LIC Nomura

The rupee will touch 70 but will bounce back since it is undervalued at 65-70 levels, Nilesh Sathe, CEO, LIC Nomura Mutual Fund to Firstpost in an interview.

Indian shares, rupee likely to hold the ground

The Indian stock markets are likely to be in a consolidation mode now with a positive bias after last week's extreme volatility.

Fund raising via QIP hit a three-month low in July: Sebi

In 2012-13, firms garnered nearly Rs 16,000 crore through issuance of shares to institutional investors against Rs 2,163 crore garnered through QIPs in the previous fiscal.

Sensex up 150 points, heads for fourth straight session of gains

Shares to stay volatile; watch out for rupee movement

Nifty recovers from Tuesday shock, but still away from secure footing

A breakout past the swing high at 5,765 is required to indicate that a meaningful bottom is in place at Wednesday's low of 5,118.

Can you afford to ignore the REC tax-free bonds?

A good investment option at good rates given the volatility. Invest if you have exhausted your EPF and PPF options.

RBI allows premature encashment of 8% Savings (Taxable) Bonds

This facility is after a minimum lock-in period of three years from the date of issue, RBI said in a statement.

Govt raises import tariff value of gold to $461 per 10 gm

Prices of gold today fell and closed at Rs 31,700 per ten grams and silver at Rs 54,000 per kg in the national capital today.

Follow these thumb rules to live life free from financial stress

The genesis lies in the bifurcation of income into Expenses, Debt Servicing and Investment to attain future goals

India needs efficient bankruptcy law in corporate bond market: RBI

Corporate bond issuances have sharply declined post the central bank's measures since mid-July to curb volatility in the forex market by making rupee funds expensive, driving firms to bank loans.

Picking man over machine for phone banking could make your wallet lighter

Thankfully the only thing your bank won't impose charges for is if you talk to a customer service agent to block your cards, in case of loss or theft.

Bank's credit card goof-up: Beware! This could happen to you

According to the Reserve Bank of India, the maximum number of complaints which the banking ombudsman receives each year is debit/credit card-related complaints

Relief rally to continue in markets; rupee seen stronger

Never advocated selling of gold stocks to check CAD: Anand Sharma

Commerce Minister Anand Sharma today said he never advocated selling or pledging country's gold stock to tide over forex problems

LIC increases equity stake in SBI to 13.26 percent

At the current market price, LIC would have paid Rs 49.15 crore for acquiring additional stake in the bank.

India might buy gold from citizens to ease rupee crisis

Gold forms an essential part of a bride's dowry in India and is considered auspicious as a gift or offering at religious festivals.

RBI should consider monetising gold: Sharma

India has 557.7 tonnes of gold in its reserves, making it the eleventh biggest holder, according to the World Gold Council.

How to handle your Ulips investment in volatile markets

You should know that you do have an option to change your asset allocation, if you want to. All you need to do is use the switch option provided by the insurer, and move your funds within the options your fund provides, various proportions of and equity - fully equity, fully debt or a combination of both.