 Friday, September 16, 2011     Editor's Pick Repo, Reverse repo up by 25 basis points: RBI With headline inflation clocked at 9.78%, the only option left with the Reserve Bank of India (RBI) was to raise the key policy rates. To curb sticky inflation, RBI hiked repo and reverse repo rate by 25 basis points each. RBI's changes rules for NRI and Resident Indians The Reserve Bank of India made announcement whereby resident Indians can now gift their NRI relatives more cash in a financial year. Interest rate goes up, invest in short-term debt funds If you aspire to earn good returns during high interest rate scenario, then this is the right time to invest in short-term debt funds. RBI is struggling hard to combat bullheaded inflation. Interest rates are on their all-time peak. Birla Sun Life Capital Protection Fund – Should you invest? The Reserve Bank of India's tough battle against inflation has raised key policy rates for the 12th consecutive time. RBI follow anti-inflationary stance to contract money supply in the market. With this people will be left with little or no extra surplus to invest in equity markets. Money Market and its Instruments Money Market is the part of financial market where instruments with high liquidity and very short-term maturities are traded.  Currency Exchange Rates for INR 47.373 65.399 74.878 0.618 38.243 Money SMS Alert Early market trends; top trade picks, - via regular sms alerts on MTDY-MARKETS - for only Rs.10/month Subscribe to our RSS feed to get the latest on www.goodreturns.in Check Oneindia Money on your Mobile m.goodreturns.in Write in to us, to send us your feedback Greynium Information Technologies Pvt. Ltd. | Disclaimer, Terms of Service and Privacy Policy Note: You are receiving this email because you have an email account with Oneindia.in |
