indian-postal-banking-has-lots-of-scope-due-to-connectivity-says-communications-minister

Indian Postal Banking has lots of scope due to connectivity, says Communications Minister

New Delhi, Oct 29 (ANI): Even with widespread retail banking in place, India's postal banking service has a large scope due to its connectivity, stressed Communications and IT Minister, Ravi Shankar Prasad on Wednesday. Prasad was inaugurating the Postal Savings Banks Forum in New Delhi, which was organized by World Savings and Retail Banking Institute (WSBI) jointly with the National Savings Organisation (Ministry of Finance) and the Department of Posts. The theme of the forum was "The Rising Force of Postal Banking in the Retail Banking Market". Prasad said that postal banking transcended the rich and poor barrier, the biggest asset being the network of post offices throughout the country. Prasad further added that the Prime Minister had constituted a task force to deliberate on ideas and innovations for the Indian Postal Services. Oct 29, 2014
bse-closes-points-127-92-up-on-oct-28

BSE closes points 127.92 up on Oct 28

New Delhi, Oct 28 (ANI): Trading at the Bombay Stock Exchange today closed 127.92 points up to stand at 26,880.82. At the National Stock Exchange the Nifty closed 35.90 points up to stand at 8,027.60. NCC and KAILASH were among the top gainers of Group A with an increase of 11.84% and 11.76% along with MANAPPURAM and RANBAXY with an increase of 9.98% and 6.11% respectively, while the top losers of Group A include PMCFIN and JUSTDIAL with a decrease of 7.92% and 5.88% along with LAKSHMI MACHINE WORKS LTD. and BEML with a decrease of 5.35% and 3.09% at the close of the markets. The Auto sector is up 59.39 points 17,942.43 while the banking sector is up 124.66 points at 19,073.55 and the reality sector is up 4.71 points at 1,437.00. The Indian currency is up 0.1% at Rs 61.36 per dollar. Oct 28, 2014
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BSE closes points 98.15 down on Oct 27

New Delhi, Oct 27 (ANI): Trading at the Bombay Stock Exchange today closed 98.15 points down to stand at 26,752.90. At the National Stock Exchange the Nifty closed 22.85 points down to stand at 7,991.70. KAILASH and RAJESH EXPO were among the top gainers of Group A with an increase of 10.41% and 7.18% along with PEL and BHEL with an increase of 5.90% and 5.10% respectively, while the top losers of Group A include JUSTDIAL and JINDAL STEEL with a decrease of 10.35% and 8.32% along with DLF and DEN with a decrease of 8.09% and 5.50% at the close of the markets. The Auto sector is down 125.74 points at 17,899.82 while the banking sector is up 91.37 points at 18,948.89 and the reality sector is down 56.40 points at 1,432.29. The Indian currency is up 0.09% at Rs 61.33 per dollar. Oct 27, 2014
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BSE closes points 211.58 up on Oct 22

New Delhi, Oct 22 (ANI): Trading at the Bombay Stock Exchange today closed 211.58 points up to stand at 26,787.23. At the National Stock Exchange the Nifty closed 68.15 points up to stand at 7,995.90. PMCFIN and JINDALSTEEL were among the top gainers of Group A with an increase of 16.82% and 10.17% along with DHFL and NATCO PHARMA LTD. with an increase of 9.05% and 8.83% respectively, while the top losers of Group A include KAILASH and HAVELLS with a decrease of 12.39% and 3.43% along with PTC and NCC with a decrease of 2.32% and 2.21% at the close of the markets. The Auto sector is up 519.45 points at 18,020.89 while the banking sector is up 35.31 points at 18,822.74 and the reality sector is up 6.04 points at 1,486.08. The Indian currency is down 0.11% at Rs 61.24 per dollar. Oct 22, 2014
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BSE closes points 145.80 up on Oct 21

New Delhi, Oct 21 (ANI): Trading at the Bombay Stock Exchange today closed 145.80 points up to stand at 26,575.65. At the National Stock Exchange the Nifty closed 48.35 points up to stand at 7,879.40. BEML and JINDALSTEEL were among the top gainers of Group A with an increase of 17.03% and 7.46% along with EDELWEISS and PIIND with an increase of 7.19% and 7.08% respectively, while the top losers of Group A include SUZLON and EXIDE INDUSTRIES LTD. with a decrease of 4.97% and 4.57% along with SOUTHBANK and GUJRATGAS with a decrease of 3.79% and 3.34% at the close of the markets. The Auto sector is up 113.23 points at 17,501.44 while the banking sector is up 223.04 points at 18,787.43 and the reality sector is up 37.88 points at 1,480.04. The Indian currency is down 0.05% at Rs 61.33 per dollar. Oct 21, 2014
bse-closes-points-321-32-up-on-oct-20

BSE closes points 321.32 up on Oct 20

New Delhi, Oct 20 (ANI): Trading at the Bombay Stock Exchange today closed 321.32 points up to stand at 26,429.85. At the National Stock Exchange the Nifty closed 99.70 points up to stand at 7,879.40. TORRENT POWER LTD. and SKS MICROFINANCE LTD. were among the top gainers of Group A with an increase of 12.60% and 8.88% along with HINDUSTAN PETROLEUM CORPORATION LTD. and TVS MOTOR COMPANY LTD. with an increase of 7.28% and 6.55% respectively, while the top losers of Group A include DEN and JINDAL STEEL and POWER LTD. with a decrease of 8.81% and 8.58% along with KAILASH and GVK POWER and INFRASTRUCTURE LTD. with a decrease of 8.32% and 5.62% at the close of the markets. The Auto sector is up 369.44 points at 17,388.21 while the banking sector is up 324.17 points at 18,564.39 and the reality sector is up 12.52 points at 1,442.16. The Indian currency is down 0.29% at Rs 61.26 per dollar. Oct 20, 2014
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BSE closes points 109.19 up on Oct 17

New Delhi, Oct 17 (ANI): Trading at the Bombay Stock Exchange today closed 109.19 points up to stand at 26,108.53. At the National Stock Exchange the Nifty closed 31.50 points up to stand at 7,779.70. EMAMI LTD and ANDHRA BANK were among the top gainers of Group A with an increase of 6.96% and 6.04% along with Edelweiss Financial Services Ltd and NCC with an increase of 5.71% and 5.29% respectively, while the top losers of Group A include CMC and ATUL with a decrease of 15.07% and 11.02% along with HCLTECH and TCS with a decrease of 9.06% and 8.93% at the close of the markets. The Auto sector is up 120.30 points at 17,021.25 while the banking sector is up 437.47 points at 18,240.22 and the reality sector is up 13.60 points at 1,429.64.The Indian currency is up 0.49% at Rs 61.53 per dollar. Oct 17, 2014
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BSE closes points 349.99 down on Oct 16

New Delhi, Oct 16 (ANI): Trading at the Bombay Stock Exchange today closed 349.99 points down to stand at 25,999.34. At the National Stock Exchange the Nifty closed 115.80 points down to stand at 7,748.20. DLF and Cyient Limited were among the top gainers of Group A with an increase of 5.15% and 4.14% along with CEAT LTD. and EMAMI LTD. with an increase of 3.61% and 3.12% respectively, while the top losers of Group A include STAR and GSFC with a decrease of 18.41% and 10.72% along with UBL and CROMPTON GREAVES LTD. with a decrease of 9.44% and 8.18% at the close of the markets. The Auto sector is down 359.91 points at 16,900.95 while the banking sector is down 223.85 points at 17,802.75 and the reality sector is down 3.19 points at 1,416.04. The Indian currency is up 0.72% at Rs 61.85 per dollar. Oct 16, 2014
bse-closes-points-34-74-down-on-oct-14

BSE closes points 34.74 down on Oct 14

New Delhi, Oct 14 (ANI): Trading at the Bombay Stock Exchange today closed 34.74 points down to stand at 26,349.33. At the National Stock Exchange the Nifty closed 20.25 points down to stand at 7,864.00. DEN and ATUL were among the top gainers of Group A with an increase of 20.00% and 5.10% along with BF UTILITIES LTD. and LIC HOUSING FINANCE LTD. with an increase of 4.60% and 4.46% respectively, while the top losers of Group A include DLF and HCC with a decrease of 28.46% and 6.48% along with SUNTV and KAILASH with a decrease of 5.73% and 5.27% at the close of the markets. The Auto sector is down 74.02 points at 17,260.86 while the banking sector is up 93.75 points at 18,026.60 and the reality sector is down 144.43 points at 1,419.23. The Indian currency is up 0.48% at Rs 61.39 per dollar. Oct 14, 2014
bse-closes-points-86-69-down-on-oct-13

BSE closes points 86.69 down on Oct 13

New Delhi, Oct 13 (ANI): Trading at the Bombay Stock Exchange today closed 86.69 points down to stand at 26,384.07. At the National Stock Exchange the Nifty closed 24.30 points down to stand at 7,884.25. SINTEX and BF UTILITIES LTD were among the top gainers of Group A with an increase of 19.70% and 18.31% along with KAILASH and PAGE INDUSTRIES LTD with an increase of 7.73% and 7.66% respectively, while the top losers of Group A include All Prices in RASOYA PROTEINS LTD and AMTEK AUTO LTD with a decrease of 4.87% and 4.64% along with JETAIRWAYS and UNITECH with a decrease of 4.16% and 3.90% at the close of the markets. The Auto sector is down 13.54 points at 17,334.88 while the banking sector is up 238.62 points at 17,932.85 and the reality sector is down 28.42 points at 1,563.66. The Indian currency is up 0.26% at Rs 61.19 per dollar. Oct 13, 2014