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Will new IIBs match PPF, tax-free bonds?

Reserve Bank of India (RBI) will launch an improved version of its inflation-indexed bonds (IIBs) later this month. First launched earlier this year, IIBs were linked to the wholesale price index (WPI), and proved a damp squib.So, in order to woo consumers and wean them off gold, the RBI has benchmarked the new version of IIBs against the consumer price index (CPI).Financial experts are unanimous that...
Source : DNA |
Category : Others | City : Pune

Sensex trades flat, Nifty holds 6,150

markets were flat today with investors remaining cautious ahead of RBI policy review and Fed decision later this week.The RBI is scheduled to announce it policy decision on Wednesday and the same day the US Federal Reserve will end its two-day meeting.Data for inflation based on wholesale price index is also scheduled for release later in the day. The Sensex was down 25 points at 20,691 while Nifty...
Source : Ndtv |
Category : Others

FACTBOX - Ten countries where slavery is most prevalent

Thomson Reuters Foundation - Some 30 million people worldwide are victims of sex trafficking, debt bondage, forced labour and other forms of modern slavery, a global index on slavery showed...
Source : Reuters India |
Category : Others

U.S. nuclear arms modernization plan misguided - scientists' group

Some 30 million people are enslaved worldwide, trafficked into brothels, forced into manual labour, victims of debt bondage or even born into servitude, a global index on modern slavery showed on...
Source : Reuters India |
Category : Others

Consumer price index rises by two points

rights:All-India Consumer Price index Numbers for Industrial Workers (CPI-IW) for August, 2013 rose by 2 points and was pegged at 237 , a statement released by the Labour Bureau...
Source : Times Of India |
Category : City

Understanding consumer price inflation, that guided RBI's latest rates hike

RBI has clearly indicated that it will be guided by the CPI as opposed to the Wholesale Price Index (WPI) that had been the benchmark gauge of inflation.Comments...
Source : The Economic Times |
Category : Business

Sensex closes flat; bank stocks plunge (Lead)

benchmark index of Indian equities markets ended Tuesdays trade flat, a day ahead of the crucial Reserve Bank of India (RBI) meet to review the mid-quarter financial policy...
Source : Webindia123 |
Category : Headlines

RBI Panel for Indices on Labour, Wage to Improve Policymaking

Seeking to address data gap problems, a Reserve Bank of India (RBI) panel on Tuesday made a case for compilation of separate indices on producer price, labour force, urban wages and household indebtedness with a view to improve monetary policy formulation."To address major data gaps in monetary policy-making, the committee recommends the compilation of various indicators, such as producer price index,...
Source : Ndtv |
Category : Others | City : Mumbai

Jubilant FoodWorks shares fall; MSCI excludes stock from small cap indexes

down 3 percent after marking their lowest intraday level since November 5 as index provider MSCI excludes the Domino's Pizza franchisee in India from its small cap indexes.The stock will be excluded from the MSCI global small cap indexes effective on Tuesday, MSCI said in a statement late on Thursday.The RBI said on Wednesday aggregate net purchases of equity shares in the company by foreign institutional...
Source : Reuters India |
Category : Others

Jubilant FoodWorks shares fall; MSCI excludes stock from small cap indexes

) down 3 percent after marking their lowest intraday level since November 5 as index provider MSCI excludes the Domino's Pizza franchisee in India from its small cap indexes.The stock will be excluded from the MSCI global small cap indexes effective on Tuesday, MSCI said in a statement late on Thursday.The RBI said on Wednesday aggregate net purchases of equity shares in the company by foreign ins...
Source : Yahoo Finance |
Category : Personal Finance
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