Investors of equity mutual funds (MFs) continue to cash in on the buoyancy in markets. With the markets on a roll, equity MFs continue to face huge redemptions, which stood at Rs 6,232 crore in December, the second highest in nearly two years.

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New Delhi, Jan 14 (IANS) India’s annual rate of inflation, based on wholesale prices, rose sharply to 7.31 percent in December from 4.78 percent in the previous month, official data showed Thursday.

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Low EMI Rs.884/Lakh Low Interest of 8.75%+ Home loan Insurance. Apply!
For details visit the below given link-

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Earn Regular Monthly Income with High Interest Rate and Tax Returns
Birla Sun Life MIP II – Savings 5 Plan
You have surplus money on which you want to earn the best possible returns, but interest rates of traditional options like FDs have reduced from 8.75 – 10% as on 22 Aug 08 to 6.5 [...]

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To view the up-downs of SATYAM SHARE PRICE, visit the given site-

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Tata Consultancy Services, India’s largest IT company will come out with its q4 2009 results on April 20th, the company has informed BSE. To view its details , click the given link-

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Interim Budget 2009
2132 hrs IST
Interim Budget a fine balancing act: PM
1935 hrs IST
Two new IITs in next fiscal: Pranab
1750 hrs IST
Rs 1120 crore allocated for Lok Sabha polls
1640 hrs IST
Market hopes dashed as Budget turns non-event

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Income Tax Rates for Year 2009-10For Males
For Year 2009-2010
Taxable Annual Income Slab (In Rs.)
Tax Rate (In %)
Upto Rs. 1,50,000/-
Nil
Rs. 1,50,001/- to Rs. 3,00,000/-
10%
Rs. 3,00,001/- to Rs. 5,00,000
20%
Above Rs. 5,00,000/-
30%
For Females
For Year 2009-2010
Taxable Annual Income Slab (In Rs.)
Tax Rate (In %)
Upto Rs. 1,80,000/-
Nil
Rs. 1,80,001/- to Rs. 3,00,000/-
10%
Rs. 3,00,001/- to Rs. 5,00,000/-
20%
Above Rs. 5,00,000/-
30%

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Officials of the air intelligence unit at Delhi’s IGI Airport recently identified a traveller suspected to be carrying huge cash in his
baggage. But before the suspect could be detained, he had boarded the aircraft for Hyderabad. All that the airline staff could divulge about the traveller were his initials and mobile number.

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Shares of Satyam Computer is likely to continue with its free fall in the morning trade on the bourses on Friday, analysts said, adding the scrip may also taste the sub-Rs 20 levels, analysts say.
“The stock is likely to get battered further as most of the leading brokerage houses have reiterated their earlier stance on [...]

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NEW DELHI: After depreciating by over 20 per cent in 2008, the rupee is expected to strengthen against the dollar this year, mainly owing to Rupee falling global oil prices, slowing US economy and better outlook for Indian economy than others, financial giant Goldman Sachs on Tuesday said.

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New Delhi: Ten million people in the export sector will be out of job by March this year, as Indian goods find fewer buyers in the international market which is battling the worst crisis since 1929.

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LONDON: Investors begin the first full week of 2009 trading on Monday with one question in mind: Is the worst over?

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WASHINGTON: The US government has approved the sale of bankrupt California bank IndyMac to investment group IMB Management Holdings for about USD
13.9 billion.

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Two words apply well for the year just ended: Whoa, Nelly! With the financial markets
in chaos, the jobs landscape littered with layoffs, and the most audacious outpouring of federal funds since the Great Depression, most of us are ready to look forward to cheerier times in 2009.
Here at BusinessWeek, we’ve again donned our prognostication helmets [...]

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New Delhi: In less than a month since the United Progressive Alliance Government announced a Rs 32,000 crore booster dose for the slowing economy, it came out with a more comprehensive and detailed stimulus package valued at over $50 billion or Rs 2,00,000 crore.

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NEW DELHI: Corporate India is in for a more painful period, as profitability will take a hit over the next six months, ICICI Bank CEO K V Kamath on Thursady warned and asked the industry to be patient for opportunities as the economy will start recovering in the second half of 2009.

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MUMBAI: Investors, in the US and otherwise, are anxious about US President-elect Barack Obama’s inaugural speech on January 20, as it would determine the direction of the global stock markets for the rest of 2009. The speech itself may not have much by way of measures Obama would take but is expected to outline the [...]

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