Saturday, December 17, 2011

[Dec 17] RBI fights rupee fall, frees NRE and NRO deposit rates

 

Goodreturns.in
Saturday, December 17, 2011

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RBI fights rupee fall, frees NRE and NRO deposit rates
The Reserve Bank of India (RBI) on Friday freed regulations on interest rates on non-resident deposits both NRE and NRO with an immediate effect to attract more dollars in the country and to prevent rupee depreciation.
Gold, silver moves up marginally
Gold and silver moved up marginally on Saturday tracking global cues. The metals which lost most in five days finally regained their health after Italy government won a confidence vote on austerity measures in the lower house.
Liquid Funds: Who Should Invest in Liquid Funds?
Liquid Funds are open ended schemes and serve as an ideal option for investors with a short term investment horizon and a low risk appetite. So if you are wondering.
Kotak MF Launches 370 Days Fixed Maturity Plan
Kotak Mutual Fund has launched a new fund named as Kotak FMP Series 69, a close ended debt scheme with the duration of 370 days from the date of allotment of units. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit.
Who is an anchor investor? The reason for implementting the concept of anchor investor?
The concept of anchor investors was introduced by Securities Exchange Board of India (SEBI) with the intention to improve the price discovery during Initial Public Offers (IPOs).
Indices
Dec 16, 4:10 pm
15,491.35
-345.12
[-2.18%]
4,651.60
-94.75
[-2.00%]
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Currency Exchange Rates for INR
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