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Posts Tagged ‘Trust Of India’

Cheque payments may become costlier from April

From 1st April 2011, cheque payments may become a costlier affair.

As reported by the Press Trust of India, the Reserve Bank of India (RBI) has allowed banks to levy higher service charges for their clearing, especially of high-value and outstation cheques.

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Sebi permits domestic investors to trade in overseas indices

It is reported by the Press trust of India that the Securities and
Exchange Board of India (Sebi)on Tuesday paved the way for Indian
investors to trade in large indices of 24 global exchanges, including
that of the US, Europe and Asia.

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Assocham: India may face high inflation pressure in 2011

It is reported in the Press Trust Of India that the Industry chamber Assocham today said that India in 2011 may witness continuation of high inflationary pressures, to the government that expects inflation to slow down to around 6 per cent by March next year.

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Six of top-10 firms lose over Rs 42,000 crore this week

Press Trust of India has reported that the combined market capitalisation (m-cap) of six of the country’s top-10 firms went down by Rs 42,791 crore during the past week, with two of the country’s top lenders, SBI and ICICI Bank, bearing the maximum loss.

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India’s forex reserves reached to $300 bn mark

According to the Press Trust of India, the foreign exchange reserves of India  reached the $300-billion mark. India achieved this figure for the first time since 2008 with an addition of $2.2-billion last week due to the healthy rise in foreign currency.

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Indian investors wealth eroded by Rs 1.6 lakh crore as market goes downward

According to the report by the Press Trust of India (PTI), due to the poor industrial growth and negative global cues, Indian investors in the stock market saw their wealth eroded by 1.6 lakh crore.

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Invest in capital market for good return: UTI Chief

As per the news by PTI, the Indian market will continue to perform well in coming days as well.

The investors can make good money on return, if their funds remained invested in the capital market.

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Mutual Fund Companies in India

The concept of mutual funds in India dates back to the year 1963. The era between 1963 and 1987 marked the existance of only one mutual fund company in India with Rs.

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Older mutual funds mean better returns?

Old Mutual FundsKeeping an eye on daily finance news and tips, I’ve realized something: of late, many companies have set up mutual fund houses in order to capitalize on India’s booming economy.

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Is India’s infrastructure really improving?

http://images.businessweek.com/ss/07/03/0308_india_infrastructure/image/trafficjam.jpg As an NRI are you concerned about experiencing camel-back rides on pot-holed roads, spread of water-borne diseases through drinking water and sudden blackouts or electricity load shedding back home in India?

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