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Invest in SBI Unit Plus III ULIP Plan and save tax + Guaranteed Growth Potential + Tax Free returns + Life Insurance + tax free partial withdrawal facility + switching between equity and debt allowed + Suitable for long term planning like daughter's marriage, son's higher education + your own retirement planning or any other unseen expenses - Highly Recommended.                  For more details or to invest, call 09810800392 or email us at contact@investmentkit.com                              

 


Archive for November 5th, 2009

Virtual offices gain acceptance

Virtual offices are an excellent option for entrepreneurs, travelling executives, project-based clients or organisations who want to start a venture in a new location.
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Increase in residential realty sales may translate into price hikes

It doesn’t take much for residential realty prices to move upwards; with just a slight improvement in sales, prices at projects that were once stalled start inching upwards.
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Investment in a second home

While investment in a second home may not be a sought-after option in today’s market, real estate players remain bullish about its growth prospects.
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Sensex up 152 pts after a day of lows and highs

A sudden spurt of buying towards the fag end of trading, sparked by the govt’s decision to divest 10% in all listed companies, pushed the Sensex up by more than 150 points to regain the 16,000-level after three days.
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Gold inches towards Rs 17000 level

Gold rallied for the third consecutive day nearing the Rs 17,000-level in the bullion market here on increased demand, influenced by India’s purchase of the metal from the International Monetary Fund.
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Government to list all unlisted non-loss making PSUs

The govt announced that all listed central public sector undertakings (CPSUs) would increase the public holding to minimum 10% and all unlisted profitable state-owned entities would go public.
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Annual food price inflation up over 13%

Inflation of food items shot up by 13.39% during the week ended October 24 driven mainly by soaring prices of potato and onion.
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Sensex plunges 347 pts on funds selling, weak Asian cues

Sensex dropped by over 347 points at midsession on Thursday on emergence of selling by funds at existing higher levels driven by a weakening Asian trend.
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Primary inflation declines 0.1%; new monthly index next week

The government today introduced a new mechanism for monitoring the wholesale price movement under which the inflation for primary articles, including foodgrain, pulses and vegetables, declined 0.11% during the week ending October 24.
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Maytas Infra bags project worth Rs 790cr from ITNL

Infrastructure development firm Maytas Infra today said it has bagged an order worth Rs 790 crore from IL&FS Transportation Networks Ltd (ITNL) for road construction work.
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Sensex down 184 pts in opening trade on Asian cues

The Bombay Stock Exchange benchmark Sensex today fell by over 184 points as funds and retail investors preferred to book profits amid weak Asian markets.
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Rupee drops on weak regional shares

At 9:10 am the partially convertible rupee was at 47.13/14 per dollar, slightly weaker from 47.05/06 at close on Wednesday.
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20% efficieny to save Rs 120,000 cr investment: Shinde

An 20% improvement in energy efficiency will be equal to adding around 30,000 mw and in turn will save investments worth Rs 120,000 crore, power minister Sushilkumar Shinde said.
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Rise in food prices hyped up: Montek

Planning Commission deputy chairman Montek Singh Ahluwalia on Wednesday maintained that soaring food inflation was not a matter of concern.
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Pawar admits rise in food prices a worry

Agriculture minister Sharad Pawar admitted inflation in food prices was worrying and that there was a clear demand-supply gap in commodities like rice which has been worst hit by this year’s drought.
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Sensex bounces back, up 507

A strong relief rally in markets around the globe helped the BSE sensex reverse its six-session losing streak on Wednesday with a 507 points gain at 15,912.
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Govt reviewing tax rules on savings, capital gains

The government is also considering scraping exemptions on saving schemes and taxing them at the time of withdrawal
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Sensex recovers 500 pts from day’s low, ends up 160 pts; Nifty up 58 pts

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Vedanta H1 down, sees recovery signs

H1 EPS falls 44% to 68.5 cents on weak prices; beats company-collected consensus of 57 cents; sees early signs of global economic recovery
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Dollar losing its luster but still reigns globally

The recovering world economy pushed the dollar lower by rekindling appetite for riskier investments such as stocks and corporate bonds.
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