Popular Articles

Choosing well-rated funds is a sensible selection
I had invested Rs 25,000 each in HDFC Top 200, HSBC Equity, Reliance Growth and Magnum Taxgain in April 2009. At the time of investment, all these funds were 5-star rated, but now I notice their ratings have come down to 4-star. Have I chosen the correct funds? And, should I remain invested or withdraw? Also, please guide me where I should invest Rs 2-3 lakh for a period of around three years.

CRR may be used to drain excess liquidity, says Rangarajan
Raising banks’ cash reserve ratio (CRR) might be one of the tools to be used by the Reserve Bank of India (RBI) to suck out excess liquidity in the banking system, Chairman of Prime Minister’s Economic Advisory Council C Rangarajan today said.

News of the day

Godrej to produce reality show
FMCG to aerospace products-maker, Godrej Group, has tied-up with Big Synergy and STAR television network to produce and air a reality show from mid-June, which seeks a wider audience from India’s growing middle-class for its lifestyle products.
International Business

NHPC replaces NEEPCO to build Manipur's Tipaimukh Dam

Obliging Manipur government"s request, the Centre has appointed the state-owned National Hydro-electric Power Corporation (NHPC) as the implementing agency for the 1500 MW multi-purpose Tipaimukh hydro-electric project in Manipur, official sources said here today. Power giant North Eastern Electric Power Corporation (NEEPCO) had earlier been awarded the project in January 2003, but the construction work had failed to take off after delays in getting clearance from the forest department. The 390 m long dam, said to be one of the largest in Eastern India, would be built up on the downstream of the confluence of the Tuivai and Barak Rivers in Churacchander district near the Manipur-Mizoram border. Bangladesh had also raised concerns about the project alleging that the flow of water from Barak river to Bangladesh would be affected due to the project. - NHPC, Oil India IPO this year; RITES divestment deferred: FM - Listing PSUs will make them disciplined: Bhave - Govt richer by Rs 3.5 lakh crore as PSU shares soar - NHPC IPO to hit the market in August - Govt to closely monitor thermal power projects - NHPC likely to float Rs 1,670-cr IPO in Aug Markets extend losses in noon trades Two people killed at Coromandel's Kakinada plant 55 countries pledge mitigation targets to UN BSNL employees seek PM"s help; demand change in mngt Siemens to invest Rs 1600 cr in India The cost of preparation of a Detailed Project Report (DPR) would be reimbursed by NHPC to the private power major, while other modalities will soon be worked out in a meeting by the Joint Secretary (Hydro), sources said. The 390 m long dam, said to be one of the largest in Eastern India, would be built up on the downstream of the confluence of the Tuivai and Barak Rivers in Churacchander district near the Manipur-Mizoram border. Bangladesh had also raised concerns about the project alleging that the flow of water from Barak river to Bangladesh would be affected due to the project.


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