MUMBAI: In a move to stem the continuing fall of rupee, the RBI tonight came out with a slew of measures including hiking the lending rates for banks and sucking up of Rs 12,000 crore, to make the currency dearer. The measures came after high level meetings between the Prime Minister and…

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CB & Kartik of Pune have entered the Limca book of records. They have posted 5,15,320 replies to stock market related queries from visitors to their website NSEGuide.com since it was launched in November 2007. The most viewed sections on the website are the Intraday calls and Your qu…

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The gold price bubble seems to have burst, finally. Prices have declined more than four per cent in the international market since yesterday evening. In India, gold and silver prices fell 3.5 per cent today. And, most analysts say the downtrend would continue. In Mumbai’s Zaveri Ba…

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Reliance Industries has shut its ninth well on the main gas fields in the eastern offshore KG-D6 block, leading to output plummeting to all-time low of 15.5 million standard cubic metres per day. RIL on April 2 shut the well A1 on the main producing fields of Dhirubhai-1 and 3 (D1&D…

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Due Date: Income tax returns have to be filed before July 31 for individuals and September 30 for companies. In case your turnover exceeds Rs. 1 crore in a financial year, then the book of accounts needs to be audited. In such cases the due date is September 30 to file your returns. Unde…

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India’s third national-level stock exchange, the MCX-SX, will go live with equity cash and derivatives trading from Monday. The Financial Technologies-promoted bourse was inaugurated by Finance Minister P Chidambaram on Saturday. MCX-SX will trade 1,116 equity stocks on its platform und…

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Twitter announced late Friday it had been breached and that data for 250,000 Twitter users were vulnerable. The firm said in a blog post it detected unusual access patterns earlier this week and found that user information — usernames, email addresses and encrypted passwords — for 25…

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The government on Tuesday cleared the decks for the Reserve Bank of India ( RBI) to initiate the process to issue new banking licences and widened the window for infusion of capital into the banking sector. The Lok Sabha cleared the Banking Laws (Amendment) Bill, 2011, after Finance Mini…

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A new assessment of global trends by The National Intelligence Council predicts that the U.S. will lose its place as the world’s top economy by 2030. If China’s GDP continues growing at its current pace, the republic will become the lead economic power within the next 20 years…

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Washington: The US had planned to blow up the moon with a nuclear bomb in the 1950s. At the height of the space race, the US considered detonating an atom bomb on the Moon as a display of America’s Cold War muscle. The secret project, named ‘A Study of Lunar Research Flights’ and …

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