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Sensex snaps two-day uptrend, down 103 points ahead of US Fed meet

18 JUN 2013, 06:25 PM

Sensex snaps two-day uptrend, down 103 points ahead of US Fed meet

The S&P BSE benchmark Sensex on Tuesday retreated from one-week high levels to end nearly 103 points down on selling pressure in rate-sensitive sectors and fresh weakness in rupee, amid global markets adopting caution ahead of US Fed's decision over continuing monetary stimulus.

Sensex,  Nifty,  BSE,  NSE,  Stock close,  Share market,  

Gold surges by Rs 230, Silver by Rs 250 on weak rupee

18 JUN 2013, 06:20 PM

Gold surges by Rs 230, Silver by Rs 250 on weak rupee

Both the precious metals, gold and silver, rebounded on Tuesday on stockists buying amid concerns over weakening rupee. While gold surged by Rs 230 to Rs 28,480 per ten grams, silver gained Rs 250 to Rs 44,600 per kg on increased offtake.

Gold prices,  Silver prices,  Weak rupee,  Gold demand,  Price of precious metals,  

Know your Provident Fund account details online

18 JUN 2013, 05:25 PM

Know your Provident Fund account details online

Over 50 million PF subscribers can now access their accounts online as retirement fund body Employees' Provident Fund Organisation (EPFO) launched its e-Passbook service on Friday.

 

PF account,  PF account details,  pf account online,  online pf account details,  pf account details online,  EPFO,  Provident Fund,  

RBI eases rules for forex option premium payment

18 JUN 2013, 05:08 PM

RBI eases rules for forex option premium payment

The Reserve Bank on Tuesday relaxed premium payment rules for banks on some forex options by allowing the buyer of such instruments to spread the payment over the maturity of the contract.

Forex option,  Reserve Bank of India,  RBI,  Premium payment rules,  Forex payment,  

Vodafone slashes data prices by 80 percent in three circles

18 JUN 2013, 04:04 PM

Vodafone slashes data prices by 80 percent in three circles

In a significant move, Vodafone India on Tuesday said it has reduced data charges by up to 80 percent in three circles and the new cheaper rates will be rolled out nationally in a phased manner.

Vodafone data prices,  Vodafone internet price,  Vodafone India,  Data prices in India,  Internet in India,  

Google offers new format for Indian retailers to advertise products

18 JUN 2013, 03:44 PM

Google offers new format for Indian retailers to advertise products

Global search engine Google is offering a new format in India to advertise products and brands for users, the company's Indian subsidiary said on Monday.

Google,  Google product listing ads,  online shopping,  Google’s new format for Indian retailers,  Indian retail,  

Govt allows gold exports from SEZs after value addition

18 JUN 2013, 12:18 PM

Govt allows gold exports from SEZs after value addition

Concerned over decline in gold exports from SEZs following ban on its trading, the government has allowed units in these zones to export gold items after a minimum value addition of 3 percent.

Gold exports,  Exports from SEZ,  Jewellery exports,  Value addition in gold,  Commerce Ministry,  

Latest Ford SUV Ecosport rolls out from Chennai facility

18 JUN 2013, 12:13 PM

Latest Ford SUV Ecosport rolls out from Chennai facility

Auto major Ford on Monday said its latest SUV Ecosport is being rolled out from its manufacturing facility at nearby Maraimalai Nagar. The Chennai facility is the third of five plants where Ford EcoSport will be manufactured. Currently, the SUV is being produced in Brazil, China,and production would begin in Thailand, Russia, a company statement here said.

Ford SUV,  Ford Ecosport,  Ford manufacturing facility in India,  Ford in India,  SUV in India,  

India Post starts logistics service in tie-up with Air India

18 JUN 2013, 11:57 AM

India Post starts logistics service in tie-up with Air India

India Post on Tuesday announced starting logistic services in association with Air India at 15 airports in India. The service will be at 15 linking airports, Agartala, Delhi, Mumbai, Kolkata, Nagpur, Bangalore, Hyderabad, Chennai, Pune, Ahmedabad, Imphal, Guwahati, Patna, Lucknow & Trivandrum (Thiruvananthapuram), an official statement said.

India Post,  Air India,  Logistics services,  Consignment via India Post,  

Rupee plunges 56 paise against dollar in morning trade

18 JUN 2013, 10:45 AM

Rupee plunges 56 paise against dollar in morning trade

The rupee on Tuesday plunged by 56 paise, or almost 1 percent, to trade at 58.43 against the dollar in morning trade at the Interbank Foreign Exchange market due to renewed dollar demand from importers and appreciation of the US currency overseas.

Rupee against dollar,  Interbank foreign exchange market,  US Federal Reserve,  RBI policy rates,  

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