Search Results for: retail lending

bse-closes-points-221-67-up-on-july-15

BSE closes points 221.67 up on July 15

New Delhi, July 15 (ANI): Trading at the Bombay Stock Exchange today closed 221.67 points up to stand at 25,228.65. At the National Stock Exchange the Nifty closed 72.50 points up to stand at 7,526.65. Financial Tech and MCX were among the top gainers of Group A with an increase of 10.00% and 9.25% along with Future Retail and Reliance Infrastructure Ltd. with an increase of 9.25% and 7.40% respectively, while the top losers of Group A include Piramal Enterprises Ltd. and CRISIL with a decrease of 9.83% and 4.00% along with Sobha Developers Ltd. and Dr Reddys Lab with a decrease of 2.74% and 2.34% at the close of the markets. The Auto sector is up 214.22 points at 15,518.66 while the banking sector is up 458.18 points at 17,053.82 and the realty sector is up 40.74 points at 1,931.90. The Indian currency is 0.15% down at Rs 60.16 per dollar. Jul 15, 2014
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
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After onion, tomato prices skyrocketing; politicos target Modi Govt

Lucknow/ New Delhi, July 13 (ANI): Food inflation nears 10 percent with prices of vegetables like tomatoes sky rocketing in the domestic markets due to weak rainfall. Retail price of tomatoes in local markets has risen to Rupees 50 per kg and above across major cities. Politicos from rival parties assailed the Modi government over the spiraling inflation and asked for immediate remedy. Jul 13, 2014
delayed-monsoon-fuels-food-inflation-by-10-percent

Delayed monsoon fuels food inflation by 10 percent

Rajkot, July 13 (ANI): Food inflation nears 10 percent with prices of vegetables like tomatoes sky rocketing in the domestic markets due to weak rainfall since the start of monsoon season, which has raised concerns of a first drought in the country in five years. The retail price of tomatoes in local markets has risen to Rupees 50 per Kg in Gujarat. A doubling in retail prices across major cities is especially troubling for staples such as onions, an ingredient that is present in just about every Indian meal. Jul 13, 2014
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Determined to bring down consumer inflation: Raghuram Rajan

Chennai, July 11 (ANI): Reserve Bank of India (RBI) Governor Raghuram Rajan said that he was determined to ease consumer inflation through a combination of demand and supply management. An RBI panel in January recommended bringing consumer price index (CPI) inflation down to around eight percent by the end of January 2015 and to six percent by the end of the following year. Rajan also noted that the RBI would issue circulars regarding banks' lending for infrastructure projects. The RBI Governor also assured stability in oil price. Jul 11, 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
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