Money News - Page 24

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.

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.

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.

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.

Taper terror returns: 10 things to know before the opening bell

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.

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

'Sebi is killing us': How UK Sinha is cracking down on new funds

The market regulator is wielding an unprecedented level of control over how mutual funds operate, delaying new launches and dictating investment strategy, frustrated insiders in the embattled industry say.

Sensex in red, Coal India falls 3% on CCI fine

Indian markets opened in red this morning on subdued global cues.

India exported 12 lakh tonnes of sugar in 2012-13: Thomas

Thomas said the decision to allow free exports of sugar was taken keeping in view the stock position and domestic demand.

Sensex snaps 3-day rally to end in red as investors book profits

Shares that rallied on Monday turned into leading decliners on Tuesday. ICICI Bank fell 3.6 percent, while Larsen and Toubro lost 4.1 percent.

Sebi did not use Sahara money for own expenses: Meena

Sebi charged Sahara with having raised funds through "various illegalities" and restrained them in November 2010 from mobilising further funds.

CPI-linked inflation bonds may fall between two stools

The new CPI-linked government bonds will satisfy neither the average saver nor the high-net-worth individual.

Strive for a 12-18 month clean track record in credit reports: Experian

A credit report is the banking system's perception about an individual and so it is important to scrutinise it for any errors and keep it up to date with information, said Mohan Jayaraman, Managing Director, Experian Credit Bureau.

Live: Sensex in red after yesterday's dream run, rupee falls below 61

MSCI's broadest index of Asia-Pacific shares outside Japan was slightly higher, though trading was cautious ahead of next week's US Federal Reserve meeting.

Twitter shares soar over 9 percent as revenue prospects brighten

Twitter shares soared more than 9 percent on Monday to their highest level since the company's initial public offering after a spate of product announcements that could boost its revenue prospects.

Indian shares hit record high riding on big BJP victories

The BSE index gained as much as 2.3 percent to a record high of 21,483.74 points, while the NSE index rose as much as 2.5 percent to an all-time high of 6,415.25, surpassing its previous peak hit on January 2008.

Just chill! Fed taper is more positive than negative for India

The reason is that a stronger US economy will lead to the Fed lowering and stopping its $85 billion a month bond purchase programme in the coming months.

A three-week plan to fix your finances before New Year

We still have around three weeks left in the current financial year, and no we are not talking about going on a crash-diet to met the weight loss target, but simply a three-weeks plan to get your money matters in order.

Live: Nifty closes at record high after BJP sweeps state polls

According to CNBC-TV18, brokerage CLSA has said prospects of a stable government led by the BJP after the 2014 general elections are rising and the key is to see whether the BJP will be able to replicate the success in Uttar Pradesh, Maharashtra and Bihar.

ICICI Sec sees Nifty scaling life high of 6700 before LS polls

Leading brokerage ICICI Securities sees the Nifty scaling life-time high of 6,700 in the run-up to the general elections next year after a decisive set of results today from the assembly polls.

Sensex may hit an all-time high on BJP win in state elections

Indian stock markets may see a strong up move this week amid results presenting a good show by the BJP in state assembly elections, experts said. The results of the four state elections held recently will be a major trigger for the Indian stock markets in the near-term, they added.

Whether it's UPA or Modi, here's how to invest in 2014

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