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RUPEE- AN EARNING MACHINE
Indian Rupee
As we grow in age our need related to money increases, but one thing we should keep in mind that it is not all about earning a Rupee. It’s about how to convert a Rupee you earned into an earning machine for you. Sometimes earning a Rupee is easy as compared to maintaining a Rupee you have, because Rupee walks without legs. People block money thinking that it will help them in future but while doing this Read More...
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GOLD AS A LIQUID AND EARNING ASSET
Gold is one of the costliest and easily tradable metals. It can be traded easily anywhere in this world. In recent times it has emerged as one of the safest investment option yielding a decent amount of return on investment. In India, gold is traded on commodity exchange enhancing the scope for investors to invest their money in gold.
In modern era meaning of gold has changed from jewelry and wearing apparel to an Read More...
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Indian Rupee 7 week lows
The Indian rupee ended down after falling to its lowest in more than seven weeks on Tuesday, reversing early gains, after the main stock index posted its biggest single-day percentage point fall in five and half months.
Persistent dollar buying by oil importers and risk averseness of foreign investors also weighed on the unit, dealers said.
The partially convertible rupee <INR=IN> ended at 45.31/32 per dollar, after falling to 45.33, Read More...
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Indian Rupee intervention at 43 to 45 per Dollar
The Indian Rupee Climbs as noted by Bloomberg:
The Indian rupee’s 6 percent climb in the past seven weeks left the currency close to a level that may prompt the central bank to intervene in the foreign-exchange market to limit gains for the first time in 11 months.
The government is comfortable with a rate between 43 and 45 per dollar, said a Finance Ministry official with direct knowledge of the matter, who asked not to be identified bec Read More...
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Mutual Fund Investment
As an investor, you would like to get maximum returns on your investments, but you may not have the time to continuously study the stock market to keep track of them. You need a lot of time and knowledge to decide what to buy or when to sell. A lot of people take a chance and speculate, some get lucky, most don t. This is where mutual funds come in. Mutual funds offer you the following advantages:
Professional management. Qualified professionals Read More...
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Gold Prices In India - Time To Rush In?
Internationally, gold prices have risen strongly since 1999. Today’s spot price is the range of US$ 735 per ounce. It must be remembered that despite this rise, prices have not reached the peak reached in 1980 (US$ 850 per ounce on 21 January 1980). Recent price rise appears to be driven by global financial worries, lowering US interest rates and strong demand in China and India.
Gold prices in India are expected to continue rising. ICICI Ba Read More...
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