A broker monitors share prices while trading at a brokerage firm in Mumbai

Rupee Dips, Sensex and Nifty Gain as June's Inflation Eases

On Tuesday, the broader Nifty and Sensex opened on bullish note by 37.15 points and 93.92 points after falling for previous four sessions due to sale of shares by foreign investors last week. According to Reuters report, the surge was attributed by June's consumer inflation rate report; that slowed to a low of 7.31 percent ahead of the RBI's policy review on 5 August. Jul 15, 2014
shilpa-and-raj-kundra-launches-satyug-mera-gold-plan

Shilpa and Raj Kundra launches _Satyug Mera Gold Plan_

Mumbai, July 9 (ANI): Bollywood actor Shilpa Shetty Kundra along with her husband Raj Kundra announced a new gold plan named _Satyug Mera Gold Plan_ by Satyug Gold, a jewelry company promoted by them, in Mumbai recently. The plan allows customers to accumulate physical gold through the benefit of _Monthly rupee average pricing_. Speaking on the occasion Shilpa said her foremost aim through this plan is to make gold affordable for everyone in the country. The plan enables customers to buy gold from just Rs.50 per day and is backed by IDBI Trusteeship as trustees of the gold and Brinks. It has no lock-in period, no storage charges, no hidden fees and it provides 24 karat gold coins on redemption. Satyug at present has seven retail outlets, and plans to increase this number to 50 nation-wide by the end of the current fiscal. Jul 9, 2014