On Monady, Indian Stock market remains high with Sensex gaining 329.95 points and closes at 27,701.79 and Nifty regaining 8,300-mark. During last three sessions Sensex has regained nearly 1,000 points. The index rose as much as 320 points in trade, but experts feel that volatility may rise due to expiry of equity derivatives on Wednesday. […]
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Business
Sensex falls below 27,000-mark; Nifty crosses 8,200-level
Today in late morning trade, BSE Sensex fell below 27,000-mark and the NSE Nifty crossed 8,200-level sustained selling across the board. The market remained week for the past three sessions, reacting to subdued global trend on falling crude prices and weak Chinese manufacturing data. With FII outflows along with jump in country’s trade deficit to […]
India can have 8 to 9 % growth rate: Dr Manmohan Singh at FICCI
Today, former Prime Minister of India Dr Manmohan Singh said that India can achieve a growth rate of 8-9 % provided there is a “national consensus” on methods to take advantage of globalised world, whose tenure saw the economy registering three years of 9-plus growth rate. While addressing at FICCI event Dr Singh said “I […]
Bullion market:Gold recovers on scattered buying; silver ends higher
Today, Gold prices recovered marginally by Rs 10 to Rs 27,310 per ten grams at the bullion market in the national capital during wedding season’s demand from jewellers even as the metal weakened overseas.Silver rebounded by Rs 360 to Rs 38,560 per kg on increased offtake by industrial units and coin makers. Fresh buying by […]
India’s growth to rise to 6.5% in 2015 on reforms as Fitch ratings
Today, it was estimated that India’s economic growth rate will accelerate to 6.5 per cent in 2015 and further to 6.8 per cent in 2016 on account of reforms,as per Fitch Ratings. “India will be the only BRIC country picking up in 2014 to 5.6 per cent and accelerates to 6.5 per cent in 2015 […]
Bank of America,Chairman and CEO meets PM Narendra Modi in Delhi
On Wednesday, Chairman and CEO, Bank of America, Brian Moynihan meets Prime Minister of India, Narendra Modi, in Delhi. Bank Of America,CEO plans to expand their operations in India with particular focus on infrastructure and energy sectors.
State Bank of India announces recruitment of Clerical Cadre
State Bank of India,SBI nation’s one of the biggest nationalized bank has recently announced Job Opportunities in its Recruitment Drive for Recruitment in Clerical Cadre in Associate Banks of State Bank of India For Advt. No. CRPD/ABCL/2014-15/07 Online Registration of application starts from 20.11.2014 to 09.12.2014 and Payment of fees – Offline : 22.11.2014 to 11.12.2014. […]
Gold price rises Rs 840 in India; registers highest one day rise
After sudden highest one day rise of Rs 840 in gold price in India, today after a gap of one month gold price has crossed the Rs 27,000-per-ten-gram tracking rebounds in global markets. Also rise was seen in domestic demand from jewellers and retailers due to prevailing wedding season.
Repo Rate unchanged by RBI despite Government Pressure
Today, RBI Governor Raghuram Rajan retains repo rate at 8 % as expected. The central bank has not cut rates since May 2013 despite retail inflation easing to a record low of 5.5 per cent in October. Economists predicted RBI to hold rates despite pressure from Finance Ministry, who had pushed for a cut in […]
ICICI,CEO Chanda Kocchar’s daughter Aarti’s grand wedding
ICICI, CEO Chanda Kochhar’s daughter Aarti married Sameer and Radhika Kaji’s son, Aditya on November 30 at Taj Land’s End in Mumbai. The pre wedding soiree was held in the Crystal Room followed by an elaborate dinner buffet, where many celebrity and dignitaries incuding Shah Rukh Khan, Aamir Khan, Abhishek Bachchan, Farhan Akhtar attended the […]