Sensex value shrinks by half | ||||||||
Posts the third-worst performance among emerging economy indices in 2008.The Bombay Stock Exchange Sensitive Index shed more than half its value in 2008,its worst performance ever,and the outlook remained downbeat in the near term on dismal corporate earnings outlook.The index fell 52.5 per cent or 10,640 points. | ||||||||
Bond yields may drop further | ||||||||
In line with the fall in inflation and interest rates,the yield on 10-year government bonds declined by 254 basis points in 2008 to close a tad below 5.25 per cent.This is the biggest fall since 2001.The yield is expected to fall further in early 2009 as central banks across the world continue to slash interest rates to boost demand and revive the economy. | ||||||||
FII flows hold key to rupee | ||||||||
The currency fell the most in 17 years,losing 24 per cent against the dollar.The rupee saw the biggest annual fall since 1991,losing 23.75 per cent against the US dollar this year as foreign institutional investors(FIIs) pulled out of emerging markets such as India and the greenback appreciated against most Asian currencies.The outlook is mixed with treasury officials predicting more volatility in the next months before seeing the rupee strengthen towards the end of 2009. | ||||||||
ICICI cuts home,auto loan rates 50 bps | ||||||||
The country's largest private sector lender,ICICI bank,today reduced its lending rates on home and auto loans 50 basis points and deposit rates 50 to 75 basis points across various tenures with effect from December 31.The bank's decision came after rate cuts by public sector banks and some of its major private sector rivals like HDFC Bank earlier this month. |
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Thursday, January 01, 2009
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2009
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January
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- News Flash
- DBS Chola MF declares dividend
- Benchmark Mutual Fund launches its Shariah BeES
- DWS Insta Cash Fund changes investment pattern
- Bharti AXA MF announces changes In Portfolio Chara...
- Sahara MF announces changes In Investment Pattern ...
- AIG MF announces changes in Investment Pattern of ...
- Lotus India MF changes Portfolio Characteristics o...
- Baroda Pioneer MF introduces new investment plan u...
- Canara Robeco MF introduces new option
- Bullion metals shine
- Crude drops
- Gold Sparking Even After Dollar Strength
- News Flash
- Tata MF declares dividend
- Principal Growth Fund proposes to change in asset ...
- UTI Liquid Plus Fund renames as UTI Treasury Advan...
- ICICI MF announces changes in portfolio of its Liq...
- Fidelity Cash Fund changes its investment pattern
- HDFC MF announces changes in characteristics of po...
- ICICI Prudential MF files offer document with Sebi
- Insurance-dual benefit of protection and returns o...
- Insurance industry is hovering for impressive growth
- World growth is projected to fall to half percent ...
- Inflation at 5.64%
- Bullion metals drop as dollar strengthens
- Crude pares early losses
- News Flash
- Gold slumps as dollar strengthens
- Crude plunges
- Gold Mires Its Winning Streak
- UTI MF declares dividend under FMP
- UTI MF declares dividend under Short Term FMP
- SBI MF declares dividend for 90 days debt fund
- ICICI Prudential MF declares dividend for FMP
- ICICI Prudential MF announces change in entry load
- Reliance MF announces change in key personnel
- News Flash
- Weekly Economic Review: PMEAC scales down the grow...
- Crude ends lower paring earlier gains
- Gold Corrects Marginally
- RBI maintains status-quo on rates
- ICICI Pru revises minimum application amount
- ICICI Prudential MF revises exit load of two schemes
- ICICI Prudential MF declares dividend
- Escorts MF declares dividend for its two schemes
- IDFC MF declares dividend for its Super Saver Inco...
- Rajiv Anand ceases from IDFC AMC
- Inflation
- News Flash
- Crude pares earlier losses
- Gold zooms up on constant buying support
- India Gold ETFs dismal; hold only 5 tonnes of gold
- HDFC MF declares dividend under FMP 90 days
- SBI MF declares dividend for 90 days debt fund
- JP Morgan MF Prepones re-opening date
- Canara Robeco MF declares dividend for two interva...
- Edelweiss MF declares dividend for Monthly Interva...
- Reliance MF declares dividend for its monthly inte...
- Canara Robeco Short Term Fund looks Sebi's approval
- Birla Sun Life MF declares dividend for Quarterly ...
- Mirae Asset MF unveils Gilt Fund
- Franklin Templeton MF declares dividend
- News Flash
- Banking, FMCG, Infra funds likely to gain
- Tata MF declares dividend
- ICICI Prudential MF declares dividend for IPIF2QA
- Benchmark S&P CNX 500 Fund
- Crude shoots up
- Gold Drops Slightly On MCX
- Oil Expecting Rise in Inventories
- News Flash
- Crude pares earlier losses
- Gold Jumps Again As Investors Turn Their Back On E...
- Lotus India MF declares dividend
- Baroda Pioneer MF appoints Head of Fixed Income
- IDFC MF introduces the new investment plan
- Sebi restricts liquid funds from investing in pape...
- Gold outperformed other assets on price, volatilit...
- News Flash
- ICICI Pru MF extends NFO period for FMP Series 47
- Kotak MF declares dividend for QIP
- Kotak MF announces another change in load structure
- Gold recoups prior losses, hangs around $830
- UTI AMC defers IPO plans on bearish market conditions
- Tata AIG Life unveils InvestAssure Insta
- SEBI bans indicative yields and portfolios
- Asset Allocation
- Common Investment Mistakes
- Taurus Tax Shield Fund declares dividend
- Sideways session for COMEX Gold
- News Flash
- News Flash
- With effect from 19 January 2009 Principal Pnb mu...
- Principal Global Opportunities Fund revises exit load
- Principal Pnb MF revises exit load of Child Benefi...
- Principal Pnb MF modifies exit load of its various...
- Start Early
- News Flash
- ICICI Pru MF declares dividend for its 3 months plan
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January
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