 Wednesday, November 23, 2011     Editor's Pick Aviation sector may gets lifeline; 26% FDI proposed With domestic airlines rippling into losses and in high need of cash, especially Kingfisher and state-owned Air India, the Department of Industrial Policy and Promotion (DIPP) under the commerce ministry has proposed for 26% foreign direct investment (FDI) in aviation sector. Market under blood-bath, touches fresh lows Indian indices have touched a fresh lows on Wednesday as investors dumped equities due to rising uncertainties over the Europe and US. Depreciating rupee against dollar is another daunting reason forcing investors to withdraw funds from domestic equities. NPS Taxation with effect from April, 2012 The New Pension scheme got a big boost as a tax saving and investment option with the new DTC regime, which will come in to effect from April, 2012. Till now provident fund benefits were available only to Govt employees and those working for large corporate. Reliance MF launches Reliance Fixed Horizon Fund- XXI - Series 1 Reliance Mutual Fund has launched a new fund named as Reliance Fixed Horizon Fund - XXI - Series 1. It’s a close-ended income scheme with duration of 108 days from the date of allotment. Different types of Foreign Exchange Instruments in India A forward foreign exchange contract is a deal to exchange currencies - to buy or sell a particular currency - at an agreed date in the future, at a rate, i.e. a price, agreed now. This rate is called the forward rate.  Currency Exchange Rates for INR 52.117 70.123 81.265 0.676 39.975 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 |
