Market News

If you want to earn handsome salary, doing an MBA from a reputed institute has become must. So having a masters degree in today’s generation is becoming a must. Many opt for certifications and professional courses like – CA, CS, ICWA, CFA, CFP, etc. Quite a few of them accompany these certifications along with an [...]

Day before yesterday RBI finally issued banking licences to 2 out of 25 applicants. It has given inprinciple approval to IDFC & micro-finance lender Bandhan. This move by RBI shocked many as most of the industry experts had predicted that RBI will issue 4 new licenses and from which Reliance, LIC Housing Finance & L&T [...]

I have earlier written about the number of income tax payers in India and they merely constitute a very small percentage of the whole population. Here is an interesting report by PwC which states that salaried Indian’s pay the most taxes compared to most G20 nations – actually only Italy is ahead of India! The [...]

Muthoot Finance is coming out with a Public Issue of secured and unsecured NCDs for an amount aggregating to Rs. 500 crore (including over subscription). Issue Highlights: Issue Opening – December 27, 2013 Issue Closing – January 27, 2014. Rating – “CRISIL AA-/Negative” by CRISIL Allotment – First Come First Serve Issue Size – Rs. [...]

RBI keeps the key rates unchanged..

The RBI policy review which was announced today at 11 am. said that it has kept the key rates unchanged. Many industry gurus and analysts had projected a 25 basis point hike in the repo rate amid high food inflation. But this was a surprise move by the RBI governor. Markets reacted positively to this [...]

You want something to be delivered to you within 30 minutes (from Amazon) in US? Yes Amazon will deliver it to you with the help of drones. CEO of Amazon Jeff Bezos introduced this ambitious project yesterday. Though the project needs to be tested for safety and needs federal approval yet. Amazon calls these drones [...]

Indian stock markets has lost all the previous gains of last week today due to depreciating rupee. Rupee touched 68 against a dollar today.. again! Asian markets were quite strong compared to India. Japanese benchmark Nikki 225 was up about 3% today. Gold and Silver on the other hand are up. Gold is currently trading [...]