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Sensex nears 2-month high, Nifty tops 8200-mark
126 Views, 05-01-2017, Courtsey News Live

: The Sensex rebounded strongly to end near a two-month high of 26,878 by zooming over 245 points and the NSE Nifty rescaled the 8,200-mark after the U.S. Fed minutes hinted at the uncertainty over the pace of rate hike. A higher U.S. interest rate means flight of capital from emerging markets in q...Read more

SBI to soon relook at the deposit rates: Arundhati Bhattacharya
182 Views, 02-01-2017, Courtsey News Live

: After starting the New Year with a gift of 0.9 percentage point cut in lending rates, State Bank of India (SBI) Chairperson Arundhati Bhattacharya on Monday said that the deposit rates also soon require a "relook" as a large amount of cash deposited in the banks, as a result of demonetis...Read more

Petrol price hiked by Rs 1.29/litre, diesel up by 97 paise a litre
125 Views, 01-01-2017, Courtsey News Live

: Following the recent spurt in oil prices to well over $50 a barrel, state-run Indian Oil Corp (IOC) on Sunday hiked prices of petrol by Rs 1.29 a litre, and of diesel by 97 paise, both at Delhi and effective from midnight, with corresponding increases in other states. "The current level of i...Read more

NRIs can exchange defunct notes till June 30, others till March 31: RBI
108 Views, 01-01-2017, Courtsey News Live

: RBI on Saturday night came out with conditions for exchange of defunct notes for those, including non-resident Indians, who failed to do so till yesterday, the last day for depositing the invalid currency notes in banks. Resident Indian citizens who were abroad from November 9 to December 30 can ...Read more

 Demonetisation: Just one day left to deposit old Rs 500, Rs 1,000 notes
46 Views, 29-12-2016, Courtsey News Live

   As the 50-day deadline for completion of demonetisation process draws near, people have just a day to deposit old Rs 500, Rs 1,000 notes, pinning their hope on an extension of the date.   While many expect the government to extend the deadline of December 30 for deposit of inval...Read more

Sensex ends with loss on late selling
84 Views, 28-12-2016, Courtsey News Live

: The Sensex wiped off all its gains on Wednesday and fell marginally to end in the red at 26,211 as cautious investors took profit ahead of the monthly futures and options (F&O) contract expiry amid a mixed trend overseas. Besides, the rupee gave up 18 paise against the dollar at 68.24, which ...Read more

Amid cash crunch, Gold prices fall to lowest in 11 months
108 Views, 26-12-2016, Courtsey News Live

: Gold prices slumped by Rs. 250 to hit an over 11-month low of Rs. 27,550 per 10 grams at the bullion market on Monday due to weak demand from jewellers and lower advices from futures trade. Silver also fell by Rs. 210 to Rs. 38,600 per kg on reduced offtake by industrial units and coin makers. T...Read more