Financial Planning
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Financial Planning
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August 16, 2013 6:35 AM
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Gold rates in India on August 16

Bangalore - Rs 27,920

Chennai - Rs 27,960

Delhi - Rs 27,750

Hyderabad - Rs 28,050

Kolkata - 27,860

Mumbai - Rs 27,720
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August 16, 2013 6:33 AM
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What are the losses in case of premature withdrawal or breaking of the fixed deposit?

What are the losses in case of premature withdrawal or breaking of the fixed deposit? | Financial Planning | Scoop.it
In the prevailing economic scenario, when according to analyst gold is not an option to consider for investment, fixed deposits prove to be a better bet as
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August 16, 2013 6:33 AM
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Savage selling across markets as Fed tapering sees panic selling

Savage selling across markets as Fed tapering sees panic selling | Financial Planning | Scoop.it
It was a sea of red across the Indian markets, as the Sensex and Nifty collapsed in one of the biggest falls in recent memory. Fears of a falling rupee, ru
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August 16, 2013 12:01 AM
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India's gold consumption at 310 tonnes in Q2,highest in 10 yrs

India's gold consumption at 310 tonnes in Q2,highest in 10 yrs | Financial Planning | Scoop.it
India's consumption of gold rose to 310 tonnes in the second quarter ended June, highest in the last 10 years, despite government curbs to restrict imports
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August 14, 2013 2:03 AM
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Tech Mahindra, Wipro, Infosys scale 52-week highs

Tech Mahindra, Wipro, Infosys scale 52-week highs | Financial Planning | Scoop.it
Close on the heels of Tata Consultancy Services touching their 52-week highs, Wipro, Tech Mahindra and Infosys today touched 52-week highs on the National
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August 12, 2013 5:49 AM
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A layman’s guide to health insurance

A layman’s guide to health insurance | Financial Planning | Scoop.it
We all need health insurance – in this day and age, with changed lifestyles leading to frequent instances of ill health and the unbelievably high cost of m
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August 7, 2013 7:02 AM
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Lupin Q1 FY 2014 net profits at Rs 410 crores; stock tanks

Pharma major Lupin Labs has posted a net profit of Rs. 410.55 crores for the quarter ended June 30, 2013 as compared to Rs357.23 crores for the quarter end
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August 7, 2013 7:01 AM
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DGH for $792 mn more penalty on Reliance Industries

DGH for $792 mn more penalty on Reliance Industries | Financial Planning | Scoop.it
Oil regulator DGH has recommended an additional penalty of USD 792 million on Reliance Industries for producing less than the projected natural gas
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August 7, 2013 7:01 AM
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Rupee resumes downslide; drops 41 paise

Rupee resumes downslide; drops 41 paise | Financial Planning | Scoop.it
The rupee resumed its downslide in trade today following a sharp recovery in late trade on Tuesday. The currency was trading at 61.18, down 41 paise over T
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August 6, 2013 12:40 AM
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Rupee sinks to a lifetime low of 61.42 to the dollar

Rupee sinks to a lifetime low of 61.42 to the dollar | Financial Planning | Scoop.it
The rupee today hit a lifetime low of 61.42 to the dollar, breaching its previous low of 61.21 to the dollar, as sustained dollar demand pushed the rupee
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August 6, 2013 12:40 AM
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India needs to get back to 8-9% growth: CII

India needs to get back to 8-9% growth: CII | Financial Planning | Scoop.it
The Confederation of Indian Industry (CII) has said that India needs to get back to 8-9 per cent economic growth by attracting investments that have been clogged by the high interest regime.
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August 6, 2013 12:40 AM
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Oil Ministry plans to divert non-priority gas to power plants

In a bid to generate 240-480 mw electricity to meet the demand, the Oil Ministry has planned to divert some natural gas from non-priority consumers to fuel-starved power units, said Economic Times.
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August 5, 2013 4:54 AM
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PM urges BHEL to initiate development of solar power technology in India

PM urges BHEL to initiate development of solar power technology in India | Financial Planning | Scoop.it
Pitching for enhancing India's energy security, Prime Minister Manmohan Singh asked Bharat Heavy Electricals Ltd (BHEL) to initiate in the development of solar power technology in India apart from its generation.
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August 16, 2013 6:35 AM
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RBI fresh gold import curbs hits jewellery stocks

RBI fresh gold import curbs hits jewellery stocks | Financial Planning | Scoop.it
Shares of the jewellery retailers came under pressure on Friday on the Bombay Stock Exchange (BSE) after the Reserve Bank of India (RBI unveiled fresh measures to curb gold imports.
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August 16, 2013 6:33 AM
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Gold futures surge on physical demand

Gold futures surge on physical demand | Financial Planning | Scoop.it
Gold futures surged in the domestic market on Friday tracking firm global cues amid strong physical demand for the precious metal.
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August 16, 2013 6:33 AM
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Rupee hits new record low of 62 against the dollar

Rupee hits new record low of 62 against the dollar | Financial Planning | Scoop.it
The rupee hit a record low of 61.94 against the dollar, on sustained demand for the dollar, breaching its previous low of 61.80 to the dollar. Measures ann
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August 15, 2013 11:58 PM
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Failing to plan is planning to fail

Failing to plan is planning to fail | Financial Planning | Scoop.it
The quote “fail to plan, plan to fail” can be applied to various aspects of our lives. Here though, we are using it in the context of ones financial life.
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August 12, 2013 5:56 AM
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OBC raises rate of interest on domestic term deposits in select tenor

Oriental Bank of Commerce (OBC) said it has raised the rate of interest on domestic term deposits (including NRO deposits) for select tenor.
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August 8, 2013 2:21 AM
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Best Child Plans in India

Best Child Plans in India | Financial Planning | Scoop.it
With inflation soaring at an alarming rate, it is imperative to start planning for one's financial responsibilities that are likely to fall in place
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August 7, 2013 7:02 AM
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HDFC Bank hikes base rate by 20 bps: Media Report

HDFC Bank hikes base rate by 20 bps: Media Report | Financial Planning | Scoop.it
India's second largest private sector lender HDFC Bank Ltd has raised the base rate—the minimum rate for all loans—by 20 basis points to 9.8 per cent, with effect from August 3, 2013, signaling that the interest rate cut cycle has started...
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August 7, 2013 7:01 AM
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5 challenges ahead of next RBI Governor Raghuram Rajan

5 challenges ahead of next RBI Governor Raghuram Rajan | Financial Planning | Scoop.it
Raghuram Rajan is all set to take charge as RBI Governor, when the rupee is teetering, economic growth has slumped and CPI inflation continues to be at ele
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August 7, 2013 7:01 AM
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Gold futures fall on Fed QE taper concerns

Gold futures fall on Fed QE taper concerns | Financial Planning | Scoop.it
Gold futures fell in the domestic market on Wednesday, dropping to the lowest level in three weeks in the overseas market as investors and speculators exited positions in the precious metal amid fears that the US Federal Reserve may start tapering...
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August 6, 2013 12:40 AM
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CCI to issue order in Coal India case shortly

CCI to issue order in Coal India case shortly | Financial Planning | Scoop.it
Competition Commission of India (CCI) is expected to issue the order in the case against Coal India Ltd shortly which had alleged abuse of dominant market position by state-run company.
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August 6, 2013 12:40 AM
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Why the monsoon session of parliament must pass economy related bills?

Why the monsoon session of parliament must pass economy related bills? | Financial Planning | Scoop.it
India's economic data is getting worse, with the latest being private sector output contracting for the first time since 2009. With interest rates rising,
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August 6, 2013 12:40 AM
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Why gold prices maybe cheaper 6 months down the line?

Why gold prices maybe cheaper 6 months down the line? | Financial Planning | Scoop.it
Gold prices, like most asset classes these days move in line with statements from the Federal Reserve and US data.
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