Personal Finance News

  • Inflation inches up to 11.91 percent ANI - Thu, Jul 17

    New Delhi, July 17 (ANI): For the first time in more than 13 years, the annual inflation rate climbed to 11.91 per cent in early July, driven by higher costs of commodities and strong demand in the economy.

  • Indian shares provisionally end down 5.4 percent ANI - Tue, Jul 15

    Mumbai, July 15 (ANI): India's main share market index provisionally fell 5.38 per cent on Tuesday to its lowest close in more than 15 months, led by financials such as ICICI bank on fears of worsening global credit turmoil.

  • Citi may sell HDFC holding HT - Tue, Jul 8

    Citigroup, the largest shareholder in India's leading mortgage company HDFC, is exploring the option of selling its stake, The Times reported on Monday.

  • Floating vs fixed: what's your pick? HT - Mon, Jul 7

    Most banks have either increased or are in the process of revising their floating rates for home loan borrowers. Chances are this may not be the last of hikes, according to top bankers.

  • Wed, Jul 2

    Mumbai, July 2 (ANI): The Bombay Stock Exchange's Sensex rose above 700 points to 13,664.62 level bringing a respite to the investors who had been shying away from investing due to gloomy market conditions.

  • SBI hikes interest rates on home, car loans PTI - Mon, Jun 30

    Ghaziabad, Jun 30 (PTI) Home loans and auto financing from public sector State Bank of India would be dearer as the lender has decided to hike interest rates by 50 basis points on all credit

  • Bankers should shed conservatism: FM PTI - Mon, Jun 16

    Bangalore, Jun 16 (PTI) Finance Minister P Chidambaram today asked bankers to shed their "conservative" attitude towards lending to entrepreneurs as he announced a commitment to pump in nearly Rs

  • BSE closes 3.3 per cent down ANI - Mon, Jun 9

    Mumbai, June 9 (ANI): Bombay Stock Exchange (BSE) fell 3.3 per cent on Monday led lower by Reliance Industries Limited and Infosys Technologies Limited.

  • Markets tumble on fuel price hike ANI - Wed, Jun 4

    Mumbai, June 4 (ANI): The markets slided in reaction to the fuel price hike announced by the Central Government today with Bombay Stock Exchange's (BSE) Sensex falling by 447.77 points or 2.81% to 15,514.79 level and the National Stock Exchange's Nifty sliding by 2.86 per cent or 134 points to 4581.90.

  • Banking transaction tax to go: Chidambaram PTI - Wed, Apr 30

    New Delhi, Apr 30 (PTI) With the government devising alternative ways to trail black money, the Banking Transaction Tax will be withdrawn by the end of this year, Finance Minister P Chidambaram

  • Inflation rises again to 7.33 per cent ANI - Fri, Apr 25

    New Delhi, Apr 25 (ANI): Data released by the Ministry of Industry for the week ending April 12, shows inflation rising again to 7.33 per cent from 7.14 per cent in the previous week, largely due to food items being highly priced.

  • Sensex up 112 pts, closes at 15,807 ANI - Fri, Apr 11

    Mumbai, Apr.11 (ANI): The Bombay Stock Exchange benchmark Sensex on Friday gained nearly 112 points on buying support across sectors, which was triggered by better than expected industrial growth data.

  • Sensex feels inflation heat, nosedives 489 points ANI - Fri, Apr 4

    Mumbai, Apr 4 (ANI): Opening with a positive gap of 63 points, the 30-share sensitive index (Sensex) of the Bombay Stock Exchange on Friday shed 489 points before closing at 15,343.

  • Seven percent inflation is highest in three years ANI - Fri, Apr 4

    New Delhi, Apr 4 (ANI): Crossing the market estimate of 6.52 percent, the inflation has reached a three-year high of seven percent.

  • Sensex gains 56 points, closes at 15,832 ANI - Thu, Apr 3

    Mumbai, Apr 3 (ANI): The 30-share sensitive index (Sensex) on Thursday opened with a positive gap of 56 points at 15,806 and finally closed gaining 82 points at 15,832.

  • Sensex down nearly 727 points ANI - Mon, Mar 31

    Mumbai, Mar 31 (ANI): Taking cues from the global markets, the 30-share sensitive index (Sensex) of the Bombay Stock Exchange (BSE) on Monday opened with a negative gap of 144 points and shed 727 points before closing at 15,644.

  • Bulls back at work, sensex soars by 928 points ANI - Tue, Mar 25

    Mumbai, Mar 25 (ANI): Opening with a positive gap of 324 points at 15, 613, the 30-share sensitive index (sensex) of the Bombay Stock Exchange (BSE) today took gained 938 points before closing at 16,217 points.

  • Sensex closes higher by 161 points ANI - Wed, Mar 19

    Mumbai, Mar.19 (ANI): The Bombay Stock Exchange's 30-share Sensex gained over 161 points on Wednesday on buying support in heavyweight stocks, especially in capital goods and technology sectors, after the US Federal Reserve cut interest rates by 0.75 percentage.

  • Sensex crashes by 951 points, closes below 15000 ANI - Mon, Mar 17

    Mumbai, Mar 17 (ANI): Taking a cue from the overseas markets, the 30-share sensitive index (sensex) of the Bombay Stock Exchange (BSE) on Monday opened with a huge negative gap of 433 points at 15,327 and shed 951 points before closing at 14,809.

  • Your bank in your mobile: Barclays launches `Hello Money' PTI - Fri, Mar 14

    Bangalore, Mar 14 (PTI) Barclays, major global finance provider, today launched `Hello Money', a service where customers can access banking services, anytime, anywhere or transfer funds by using


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