Money News - Page 30

Goldman Sachs bullish on Modi, sees Nifty at 6900 by 2014-end
Even as retail investors continue to steer clear of the recent rally in Indian markets, global investment banks such as Goldman Sachs and Nomura seem to believe that things are set to change for the better in India.<br /><br />

Want a loan? 7 things you should know about salary overdraft
This loan is is a revolving line of credit based on your salary with the bank account. To know more read on.

Markets snap 5-day winning streak, profit-booking drags Sensex below 21,000
Indian equity markets opened flat today on muted trends in other Asian markets after the Sensex hit successive all-time highs last week on muted trends in other Asian markets. <br /><br />

Global markets shrug off US default fears; add $1.5 tn wealth post govt shutdown
The world markets shrugged off the US default fears arising out of the more-than-two-weeks of government shutdown in October with handsome gains of $1.5 trillion in market wealth, or a 3.8 per cent rally, with 44 of the 46 markets covered ending the month in the green.

Samvat 2070: Everything you need to know about Muhurat trading
The "muhurat" trading session will be conducted for 75 minutes tomorrow, on leading bourses NSE and BSE, to pay obeisance to Lakshmi, the Hindu goddess of wealth and prosperity. It would also mark the New Year for traders as per the Hindu calendar, or Samwat 2070.<br /><br />

Nifty near record high: PSU banks steal the show
The Bank Index has seen a smooth progression of higher tops and higher bottoms, which is a sign of strength. The prior swing high at 11,220 has been overhauled and the index now appears on track to reach the next target of 11,950-12,000. A breakout past 12,000 could pave the way for a rise to 13,000.<br /><br />

Gold sales down 50% on Dhanteras; silver gains currency
Gold prices are ruling at Rs 31,400 per 10 grams in the national capital, lower than Rs 32,485 on the last Dhanteras.<br /><br />

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.