Money News - Page 23

Are you sending your bank wrong signals?

There is a good possibility that you might just be doing a few things inadvertently on a regular basis, which send wrong signal to your bank.

Live: US Fed taper scare is short-lived but mkt in no mood to rally

Things that you need to know before the opening bell

Big Ben effect: Sensex, Nifty, rupee all seen higher today

The Sensex and Nifty will benefit hugely from the Fed's policy of a calibrated taper of asset purchases as will the Indian rupee.

Financial Tech, team Jignesh Shah unfit to run MCX, rules FMC

Forward Markets Commissions (FMC), which oversees commodities markets, removed its "fit and proper" designation for both Financial Technologies and its chief executive, Jignesh Shah - a status needed to operate an exchange in India.

NTPC, Germany's KfW ink pact for 55 mn loan agreement

The facility has a door-to-door maturity of 12 years, including availability period of four years.

Sebi exempts govt from making open offer to IOB shareholders

The government, promoter of IOB, holds 73.80 percent stake in the bank. It has proposed to acquire nearly 23 crore additional shares of the bank by way of preferential allotment against the Rs 1,200 crore infusion.

Warren Buffett made $37 mn daily, and he isn't even the wealthiest

With a gain of $12.7 billion in 2013, the legendary billionaire investor and notable philanthropist's net worth at the end of the year stands at $59.1 billion. That, however, does not make Buffett the wealthiest billionaire.

Christmas special: 10 personal finance tips from the Bible

The tips are so mind boggling that it looks like modern day financial planners have borrowed a leaf from ancient scriptures to make the foundation principles of modern day personal finance.

Rajan fires markets again; Sensex rises 270 points, PSBs gain

The Indian bourses today closedin the green today buoyed by the RBI's decision to keep policy rates unchanged until the next set of data is released in six weeks' time

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.