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market

Car Sales in India rise in August 2013

For the first time in 10 months, the car sales have shown a rise in India in August 2013. There is a jump of 15.4 per cent in the overall sale as compared to the corresponding period last year. In total, car makers have managed to sell…

Sensex gains 480 Points, Rupee at 64.28 vs USD

New RBI Governor Raghuram Rajan continues to make a good impact on the market, as the BSE Sensex again surged 484 points today to reach 19,754 at around 1 PM. The Niifty too witnessed a gain of 134 points to trade at 5,786. The Rupee has…

Missiles fired at Syria, BSE Sensex Crashes

The Syrian crisis deepened further, as two missiles were reportedly fired at Damascus, which fell in the sea. The news came from the Russian Defence Ministry. Even the Syrian government sources confirmed that their radar detected two…

No SBI Car Loans if You Earn < Rs 50k Per Month

While the economy is hitting downwards every passing day, the State Bank of India has come up with a new directive that people, who earn less than Rs 50,000 per month, won't be eligible to get car loans from the bank. The gross income…

Indian Rupee breaches 60 Mark against US Dollar

The Indian Rupee continued its downward trend, by breaching the psychological mark of 60 on Wednesday. After hitting a record low of 60.75, the Rupee finally ended at 60.72 at the end of day's trading. It could well fall further to 62 or so…

Rupee hits 11-Month Low of 56.60 vs Dollar

Indian rupee declined by 20 paise to hit 11-month low of 56.60 against US dollar in early trade today. It put a tremendous pressure amid the increased demand for the American currency. According to few analysts, the domestic currency is…
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