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Government bond rates end mixed, call rate also finish lower

Government bond rates end mixed, call rate also finish lower

  The government securities (G-Sec) ended mixed on alternate bouts of buying and selling. While call rates at the overnight call money market declined today due to lack of demand…

Tax certificate must for foreign investors

Tax certificate must for foreign investors

All foreign investors will have to produce tax residency certificates (TRC) of their base nation to claim benefits under the double taxation avoidance treaty from April 1, 2013, said a…

Copper prices futures soften on global cues

Copper prices futures soften on global cues

Tracking a weak global trend, copper prices softened by 0.27 per cent to Rs 443.80 per kg in futures trade today as speculators trimmed positions. At the Multi Commodity Exchange,…

LIC, HDFC Bank lead advance tax payouts in Q2

LIC, HDFC Bank lead advance tax payouts in Q2

Financial sector companies, led by Life Insurance Corporation (LIC) and private lender HDFC Bank, have posted a healthy increase in their second quarter advance tax payout, belying sluggishness in the…

‘Govt planing more economic reforms’

‘Govt planing more economic reforms’

The government is planning to go ahead with more economic reforms especially in areas where these could be done through its own executive powers, Law Minister Salman Khurshid said today.…

Eurozone in deepening recession, says PMI survey

Eurozone in deepening recession, says PMI survey

Europe appears headed for a deepening economic recession despite a recent easing in market concerns over the three year debt crisis, a closely-watched survey found Thursday. Financial data company Markit…

Steel production target may be met: Govt

Steel production target may be met: Govt

Government today expressed confidence of meeting the steel production target for the current financial year. Steel Secretary D R S Chaudhary, said the brown field expansion programmes of public and…

FII inflows in India in 2012 run past emerging Asian economies excluding China

FII inflows in India in 2012 run past emerging Asian economies excluding China

The Indian equity market has once again emerged as a destination of choice for the foreign institutional investors (FIIs). After a lull in the three months to June 2012, FIIs…

CRR cut a welcome step in right direction: Montek Singh Ahluwalia

CRR cut a welcome step in right direction: Montek Singh Ahluwalia

Lauding the RBI’s decision to cut Cash Reserve Ratio ( CRR), Planning Commission Deputy Chairman Montek Singh Ahluwalia today said it would have a positive impact on the system and…

RBI dashes hopes, says will hold rates

RBI dashes hopes, says will hold rates

Ahead of the mid-quarter review of the monetary policy on Monday, senior-most Reserve Bank deputy governor K C Chakrabarty today said the top priority is to keep inflation under control.…