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Stocks rised but Airline traffic falls

Stocks rised but Airline traffic falls

Jet Airways Ltd and SpiceJet Ltd took off sharply on Wednesday for no particular reason. The two stocks rose by 9% and 7%, respectively. The Directorate General of Civil Aviation…

Oil refiners buy dollars reduces Indian rupee edges

Oil refiners buy dollars reduces Indian rupee edges

The Indian rupee closed slightly weaker on Tuesday, ending above 55 to the dollar for a third consecutive session, hurt by weakness in domestic shares and by demand for the…

Money laundering allegations: Against Mahindra Satyam

Money laundering allegations: Against Mahindra Satyam

  The authority under the Prevention of Money Laundering Act has issued notices to Satyam Computer Services Ltd. BSE 2.63 % to appear before it in connection with an alleged money…

Banks not to lend for purchase of gold in any form: Asked by RBI

Banks not to lend for purchase of gold in any form: Asked by RBI

The Working Group, submitted its draft report in August 2012, suggested that other than working capital finance, banks are not permitted to finance purchase of gold in any form. No…

Dish in talks to launch wireless service : Google

Dish in talks to launch wireless service : Google

  Google has already cemented its position as a strong player in the smartphone market through Android. The company’s ambitions in the mobile space are apparently much broader. The Internet…

World’s most expensive bank HDFC’s secret: Low risk & high reward

World’s most expensive bank HDFC’s secret: Low risk & high reward

HDFC Bank has posted profit growth of over 30 per cent every year for the last decade, richly rewarding its investors. India’s No.2 private sector bank earlier this year climbed…

Silver prices move up by : Rs 306 to Rs 61,186 per kg

Silver prices move up by : Rs 306 to Rs 61,186 per kg

At the Multi Commodity Exchange, silver for delivery in December shot up by Rs 306 or 0.5 per cent to Rs 61,186 per kg with a business turnover of 885…

The World Bank plans to help the people : On Climate Changing

The World Bank plans to help the people : On Climate Changing

All nations will suffer the effects of a world 4C hotter, but it is the world’s poorest countries that will be hit hardest by food shortages, rising sea levels, cyclones and…

Now India has over one lakh ATMs

Now India has over one lakh ATMs

The latest data released by National Payments Corporation of India, the total number of ATMs in the country is now 1,04,500 till October. Private sector and foreign banks together have…

SBI Debt Fund Series : 366 Days

SBI Debt Fund Series : 366 Days

  SBI Mutual Fund has unveiled a new fund named as SBI Debt Fund Series – 366 Days – 18, a close ended debt scheme with the duration of 366…