Sensex opened negative with 160 point gap and touched 10719 low level on negative oversee cues and bad infosys guidance. Buying in Reality, Power and Banking stocks, helped to recover and rebounce market to touch day’s high of 11338 before closing 318 point up at 11285 level. BSE Index Closes: Reality 9%, Capital Goods 7.5%, [...]
Tech Mahindra: Hero of the day ! Paying 1757 cr for 31% stake in Satyam at Rs. 58/share Maruti to launch hybrid (CNG, Electric) cars in 3 to 4 years. Japan announced its largest stimulus package of $150 billion to turn around the world’s second largest economy – BS Since the United States Citizenship and [...]
Our hard earned money is subject to income tax by government of india and rate of interest will depend on income made by person for any particular financial year. Hence government encourages certain types of long term saving (Mostly for your retierment times) and gives you tax breaks on those long term savings. These tax [...]
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