When does RBI hike interest rate?
When does RBI hike interest rate? Reserve Bank of India (RBI) is an apex bank or central bank in India. It controls the functioning of all other the banks in [Read More…]
Finance
Markets today – 1st October,2018
Markets today – 1st October,2018 The market opened lower today but recovered later and ended positively. The news on government moving to NCLT for change in management of crisis-hit ILFS boosted [Read More…]
What is Nifty or Nifty 50?
What is Nifty or Nifty 50? Overview Nifty which is also called as Nifty 50 an index tracking share prices of 50 well-established and financially sound companies listed on National [Read More…]
What is Sensex or S&P BSE Sensex?
What is Sensex or S&P BSE Sensex? Overview In India, stock/share trading is carried out through two stock exchanges namely Bombay Stock Exchange or “BSE” and National Stock Exchange or [Read More…]
Relationship between the Stock Market and Dollar/Rupee
Relationship between the Stock Market and Dollar/Rupee Over the past few days or months, equity markets, as well as the currency markets, are highly volatile. Stock markets moved up to [Read More…]
Who can take benefit of the falling Rupee?
Who can take benefit of the falling Rupee? The rupee has started depreciating again. Today, Rupee was trading at another low of Rs 70.79 per dollar after touching the low [Read More…]
Rupee down again??
Rupee down again?? Today Rupee opened again at another lifetime low of Rs. 72.89. In last, 1-month rupee broke its support of Rs 70 and is depreciating almost every day. [Read More…]
RBI amends Rules for Exchange of damaged currency notes
RBI amends Rules for Exchange of damaged currency notes RBI has amended Reserve Bank of India (Note Refund) Rules, 2009 to exchange soiled/mutilated/ defective currency notes. These rules will come into [Read More…]
How is US Dollar rate affecting every Indian?
How is US Dollar rate affecting every Indian? When US dollar breached 71, another unexpected high, many people were in awe. Some exporters and NRIs were cherishing whereas some Indians [Read More…]