Personal Finance News

In a move that will make housing and auto loans cheaper, four public sector banks, led by State Bank of India, today announced slashing their prime lending rates by 0.25-0.50 percentage points.

Mumbai, Feb 20 (ANI): The 30-share sensitive index (sensex) of the Bombay Stock Exchange (BSE) on Wednesday opened with a negative gap of 85 points at 17,991 and shed 458 points to close at 17, 617.

Mumbai, Feb 19 (ANI/Business Wire India): Castrol India Limited today declared its audited results for the financial year ended December 31, 2007.

Mumbai, Feb 18 (ANI): C. B. Bhave today took charge as the new chief of Securities and Exchange Board of India (SEBI), the country's market regulating body.

Melanie Lindner | Forbes
While their peers were out making trouble, these young achievers were making bank.

Have the recent cuts in home loan rates by leading financial institutions in the country spurred you on to apply for a home loan? Go ahead, but before you finalise a deal, here are some points you should take into consideration.

Mumbai, Feb 15 (ANI): Prime Minister Dr Manmohan Singh's soothing comments on limiting the impact of any global slowdown on India and brisk buying by funds following reports of inflation rate cooling led to the Bombay Stock Exchange benchmark Sensex regaining the 18K-level by gaining over 330 points.

Mumbai, Feb 11 (ANI): The day on which Anil Dhirubhai Ambani Group's Reliance Power was listed, the 30-share sensitive index (Sensex) of the Bombay Stock Exchange opened with a negative gap of 38 points and closed at 16, 631 after losing 863 points.

Mumbai, Feb 11 (ANI): Anil Dhirubhai Ambani Group's Reliance Power stock, that was listed at 548 rupees on the Bombay Stock Exchange (BSE), was trading at 417 rupees, a discount of 33 rupees, at 1200hrs. Around 34 million shares were either sold or bought so far on the exchange.

Mumbai, Feb 11 (ANI): Anil Dhirubhai Ambani Group's Reliance Power on Monday listed at 548 rupees, which is a premium of 27.4 per cent to its issue price of 450 rupees, on the Bombay Stock Exchange (BSE), while it listed at 530 rupees on the National Stock Exchange (NSE).

Mumbai, Feb 6 (ANI): The 30-share sensitive index (Sensex) of the Bombay Stock Exchange today opened with negative gap of 416 points and plunged by 524 points before closing at 18, 139.

Jalandhar, Feb 5 (ANI): Due to steep rise in steel prices, the hand tools exporters of Jalandhar fears decline in export of their products.

Kolkata, Feb 4 (ANI): According to a study by Assocham Investment Meter, despite sharp ups and downs during the last one year Bengal has received the highest number of investment proposals among all the States in the third quarter of current fiscal. A total of Rs. 1,273.02 billion investments have been received in the State.

Mumbai, Feb 4 (ANI): The 30-share sensitive index (Sensex) of the Bombay Stock Exchange (BSE) on Monday opened with a positive gap of 253 points and closed at 18,660, around 417 points above its previous close.

Ever since the Federal Reserve took emergency action earlier this week and cut rates by 75 basis points, the billion-dollar question on everyone's mind has been: will this open the floodgates to a surge in dollar inflows? Is India prepared to face another dollar deluge? In an exclusive interview with CNBC-TV18, Finance Minister P Chidambaram says he's fully prepared.

Mumbai, Jan 24 (ANI): The 30-share sensitive index (Sensex) of the Bombay Stock Exchange (BSE) on Thursday opened with a huge positive gap of over 300 points at 17,921 and closed at 17, 221, almost 372 less from its previous close.

Union Finance Minister P Chidambaram is very likely to give you some more money in pocket by way of raising the tax slabs in the forthcoming Budget, but at the same time he is also expected to make ways to suck that cash, if not more, back into the government exchequer by slapping service tax on a whole range of new services.

The tax department may reciprocate the generosity of corporate and personal income tax payers in this Budget. But it is also proposing to add securities transaction tax, or STT, to the list of annual information returns so that tax payers are driven to greater honesty, reports CNBC-TV18.

Moneycontrol spoke to experts and the consensus is that 2008 too, holds a lot of promise for real estate investors. The key: find the right location.

Education loans for students to pursue higher studies in India or abroad have become popular among Indians today. In fact, it has become the norm as opposed to even 15 years ago when anyone who wanted to pursue further studies would look at an indulgent relative or friends to stump up the required money.