Here are a few things to know about such accounts and how to redeem the funds stuck in them:
The assumption is that the new government will act in a decisive manner and introduce bold new reforms.<br /><br />
After three weeks of weakness, Indian equity markets are off to a good start today with the Sensex up more than 200 points and Nifty reclaiming the psychological 6000 mark
The poor showing comes at a bad time for an industry already under pressure from a market regulator angry about results and an ongoing exodus of retail investors from Indian stocks.<br /><br />
If a series of smaller financial market bubbles deflate or even burst there will still be a lot of agony, investment strategists warn
The strongest factor supporting the Indian markets is the fact that the US markets are still grinding their way up. This is most likely going to provide an impetus to the Indian bull
Axis Bank, Bank of Baroda, State Bank of India and ICICI Bank may play a key role in keeping the bank index under pressure.
The RBI would allot up to 20 percent of the notified amount of the bonds to eligible individuals and institutions as per the scheme for non-competitive bidding facility.
The company got listed on bourses in 2009 after the government divested 5 percent stake. It has also issued 10 percent fresh equity.
Indian markets closed flat after a massive two-day sell off. While BSE Sensex closed 0.18 percent higher at 20265, NSE Nifty closed 0.06 percent lower at 5995.
If Torrent wins the bid, it would help the company build a strong portfolio of multi vitamin and nutrition products - a space where a it is lagging as compared to some other big pharma players.
We also asked readers whether they had any suggestions on this. We have got a few responses. Among them some were very creative, others simply common sense.
The job call for 75 officers, who would be offered an annual pay package of about Rs 11 lakh, generated huge demand.
Renewed talk of an early cutback in the US Federal Reserve's stimulus sent the dollar back above 100 yen on Thursday while driving government bonds yields higher and world shares lower.<br /><br />
Just when the markets were rallying, convinced that the US Fed will not taper its stimulus till next year, Federal Reserve chief Ben Bernanke dropped a bombshell, indicating that the withdrawal of easy money could happen this year itself. The result? A massive sell off in the stocks points.<br /><br />
After pumping in around $6 billion in Indian cash shares since late August, foreign institutional investors (FIIs) are slowing their pace of purchases.<br /><br />
Clearly, ATMs have become the most dependable spots for making financial transactions. Banks are also increasing number of their ATMs. But what's the use if they are turning out to be unsafe spots?
stocks fell after meeting minutes indicated that Federal Reserve officials in October stuck to the view that the central bank might begin winding down bond purchases in the "coming months.
Indian markets ended a volatile session in red today as investors booked profits after a strong three-day rally. <br /><br />
Shares in sugar companies surged on hopes a government committee headed by Farm Minister Sharad Pawar may decide on Wednesday to announce financial assistance for struggling sugar mills as well as an increase in import duties on raw sugar to halt cheaper imports and strengthen domestic prices.<br /><br />
The Nifty opened below 6200, down 16.50 points at 6186.85. The Sensex is down 57.03 points at 20833.79.
Following the spike in yields, the Reserve Bank Governor Raghuram Rajan on 13 November, had announced some measures including to conduct an open market operation.
The BSE Sensex and the Nifty rose for a third consecutive session to their highest closing levels in nearly two weeks on Tuesday, as a rally in debt markets boosted banks, the biggest holders of bonds, while broader sentiment remained underpinned by global factors.<br /><br />
Sebi's new circular ensures that stock exchanges not only monitor all compliances but also compare them with previous quarters. With this in view, it has asked stock exchanges to set up monitoring cells within the exchange.
When it comes to kids today, just imparting regular education is not enough. They have to be made financially literate as well.
The Sensex is up 60.82 points at 20911.56, and the Nifty is up 14.95 points at 6203.95.