Sunday, December 30, 2012

Rupee gains 2 paise against dollar

Rupee gains 2 paise against dollar


Rupee gains 2 paise against dollar

Posted: 30 Dec 2012 08:37 PM PST

The rupee rose marginally by 2 paise to 54.75 against the dollar in early trade on the Interbank Foreign Exchange on Monday.


Sensex up 27 points in opening trade

Posted: 30 Dec 2012 08:16 PM PST

The broad-based National Stock Exchange index Nifty rose by 4.40 points, or 0.07 per cent, to 5,912.75.


Equities may outshine gold in 2013

Posted: 30 Dec 2012 03:39 PM PST

Investing is getting more complex. With more options opening up for investments and market cycles getting reversed far too often for one's comfort, picking the winner and the ideal combination for a portfolio has become a lot tougher.


'New unit to detect corporate frauds'

Posted: 30 Dec 2012 06:15 AM PST

Faced with a growing number of financial frauds, the corporate affairs ministry is setting up a new intelligence unit that will delve into 'data mining' from all possible sources to detect any wrongdoings by the companies.


Skittish investors may take more risk in 2013

Posted: 30 Dec 2012 06:11 AM PST

The investment landscape won't be much different in 2013 than it has been this year, but the investors might be.


RBI cautions banks charging high prices on products

Posted: 30 Dec 2012 05:53 AM PST

Cautioning banks charging high prices on products offered to customers, Reserve Bank deputy governor K C Chakrabarty today said a new set of guidelines would be announced during the coming Ombudsman Conference in Mumbai.


Private equity investments drop 14.7% to $8.9 bn

Posted: 30 Dec 2012 04:44 AM PST

Challenging economic environment has dampened the prospects of new fund raising shrinking the PE pie by 14.7% to $ 8.9 billion in the current year compared to the same period last year.


Air travel demand may shrink by 2.5% in FY'13: CMIE

Posted: 29 Dec 2012 11:18 PM PST

Air traffic growth may decline by 2.5 per cent in the next financial year as travel is being impacted by higher fares, grounding of Kingfisher Airlines and overall subdued consumer sentiment, think-tank CMIE said.


FIIs inflow in stocks over Rs 24,000cr in December

Posted: 29 Dec 2012 09:02 PM PST

This is the highest net monthly investment by FIIs in stocks since February, when they had infused Rs 25,212 crore.


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