SENSEX   29642.36    110.93  (0.37%)       |  NIFTY   9170.85    27.05  (0.29%)  |  Gold   28682.00    -21.00  (-0.07%)    |  Silver  42200.00   -83.00 (-0.20%)

Latest News:

Dearness Allowance

Centre hikes dearness allowance by 2 pc from Jan 1

New Delhi: The Centre today increased dearness allowance and dearness relief to 4 per cent from existing 2 per cent from January 1, 2017, benefiting 48.85 employees and 55.51 lakh pensioners.

"The Union Cabinet chaired by Prime Minister Narendra Modi... Read More

gas, cylinders,gas cylinders,costlier

Non-Subsidised LPG rates increased by Rs. 86 per cylinder, highest ever hike in history

New Delhi: The price of non-subsidised cooking gas (LPG) was hiked by a steep Rs. 86 per cylinder on Wednesday, reflecting international trends.

Non-subsidised LPG, bought by those who have either given up their subsidies or exhausted the quota of 12... Read More

cash_transactions

Banks to levy Rs 150 after four cash tansactions

New Delhi: Banks including HDFC Bank, ICICI Bank and Axis Bank today began charging a minimum amount of Rs 150 per transaction for cash deposits and withdrawals beyond four free transactions in a month.

The charges would apply to savings as well as s... Read More

demonetisation

Demonetisation sucked in cash like vacuum cleaner, says IMF official

Washington: India's demonetisation led to huge cash shortages that have "adversely affected" consumption and like a "vacuum cleaner" it sucked in cash and then was slowly replacing the currency, a senior IMF official has said.

"You've heard about so-... Read More

EPFO, PF contribution, Optional, Pension Scheme

Inoperative PF accounts to earn interest

New Delhi: The Employees' Provident Fund Organisation (EPFO) on Tuesday decided to provide interest on inoperative accounts from April 1, a move which will benefit over nine crore such account holders having total deposits of over Rs. 32,000 crore.

T... Read More

Car sales, December

Motor Insurance premiums raised, effective from April 1

New Delhi: Insurance of vehicle, including cars and bikes, will become costlier from April 1 as insurance regulator Irdai has decided to increase premiums by up to 40 per cent from the next fiscal.

Third party motor insurance premium for small cars (... Read More

Yashodhan Khare, Blog, DISTRESSED DEBT

Distressed debt: Is there an opportunity?

Distressed Debt is the debt of companies that have filed for bankruptcy or have a significant chance of doing so shortly. Hitherto the Indian retail investor never had the option of investing in a distressed debt fund, now they do... Read More

small saving schemes, interest rates

Here’s how much interest rate has been cut on PPF, other small savings schemes

New Delhi: In a move that will hit common man, the government on Friday slashed interest rates on all small savings schemes, including Public Provident Fund (PPF), Kisan Vikas Patra (KVP) and senior citizen deposits, to make them more market aligned.

Market Outlook, March 2016

Market Outlook- March 2016

Economic Update

Growth: 3QFY16 real GDP growth has dwindled to 7.3% in December. Index of Industrial Production (IIP) has declined by 1.3% in comparison to -3... Read More

Market Outlook, March 2016

Market Outlook- January 2016

Economic data

  • Growth: October IIP surged sharply to a 5 year high at 9.8% compared with 3.6% in September due to a one-off shift in festival season this year.
  • Inflation: November CPI rose to 5.4% compared to 5% in October led by pulses (up 3... Read More
??????