Election 2014

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Mumbai Live: With 53% city sees highest voter turnout since 1991

Apr 24, 2014 at 21:22 | Source: FirstPost

9:09 pm: Mumbai's 53 percent is the turnout highest since 1991The 19 Lok Sabha constituencies in Mumbai, North Maharashtra and Marathwada registered 55.33 percent average voter turnout in the third and last phase of polling for the Lok Sabha election...

Missing names, low voting in change seeking South Mumbai

Apr 24, 2014 at 20:49 | Source: FirstPost

Mumbai: Change was the mantra in South Mumbai for those who bothered to vote as an anti-Congress wave appeared to sweep voters towards Shiv Sena candidate Arvind Sawant in the absence of a BJP candidate on the ballot. Congress MP Milind Deora won eas...

Special knock from Sehwag not far away: Balaji

Apr 24, 2014 at 20:34 | Source: FirstPost

Kings XI Punjab's Glenn Maxwellmight have overshadowed Virender Sehwag with threematch-winning knocks so far in this Indian Premier League, butthe team's senior pacer Laxmipathy Balaji feels a "specialknock" is long overdue for the out-of-f...

Tata SIA applies for air operators permit, three weeks after getting NoC from aviation ministry

Apr 24, 2014 at 20:31 | Source: Economic Times

NEW DELHI: The Tata Sons and Singapore Airlines joint venture airline Tata SIA Airlines Ltd, has entered the final stretch, when it applied for an air operator's permit with the aviation regulator Directorate General of Civil Aviation. "The joint ven...

Apple lulls investors into a false sense of security

Apr 24, 2014 at 19:57 | Source: Market Watch

Apple earnings hit Wall Street (here’s the 8-K ) after the stock market close yesterday, and Wall Street is impressed. Apple (NASDAQ:AAPL)  beat revenue and profit forecasts, and, most importantly, proved it’s all-important iPhone is still a fa...

Global Reach

Apr 24, 2014 at 19:57 | Source: Business Today

In the one year between 1 February 2013 and 31 January 2014, the CNX Nifty rose 1.51%, while the CNX MNC index returned 5.58%. In the last six years, the CNX MNC has outperformed the CNX Nifty in four, and each time by more than four percentage poin...

Euro shakes off Draghi warning over strong currency

Apr 24, 2014 at 19:57 | Source: Market Watch

MADRID (MarketWatch) —The dollar was lower against most major currencies on Thursday, though the euro was pushing higher after perceived dovish comments from European Central Bank President Mario Draghi. The euro (ICAP:EURUSD)  moved up to $1.382...

Summers: Economic pickup could come on unstable ground

Apr 24, 2014 at 19:57 | Source: Market Watch

WASHINGTON (MarketWatch) — Lawrence Summers is concerned. Getty Images Summers in 2010. The former Treasury secretary for President Bill Clinton and the head of the National Economic Council under President Barack Obama says it’s not out of the ...

TN live: 75% turnout recorded while Puducherry touches 80%

Apr 24, 2014 at 19:47 | Source: FirstPost

7.41 pm: Tamil Nadu sees 75 percent turnout as polling closesAccording to unofficial estimates the average polling in Tamil Nadu will be about 75 percent. In 2009, this was at 73 percent. In neighbouring Puducherry, the voting percentage touched 80.T...

TN live: 73% turnout recorded while Puducherry reaches 82%

Apr 24, 2014 at 19:47 | Source: FirstPost

7.41 pm: Tamil Nadu sees 73 percent turnout as polling closesAccording to unofficial estimates the average polling in Tamil Nadu will be about 73, same as in 2009. In neighbouring Puducherry, the voting percentage touched 80.The polling was hectic ri...

Live: Mumbai sees 53% polling, up from 2009 by 10%

Apr 24, 2014 at 19:03 | Source: FirstPost

6:30 pm: Polling in Mumbai ends with 53 percent turnout With 53 percent voter turnout, Mumbai fared better in comparison with the Lok Sabha polls in 2009, which saw a voter turnout of 43 percent. 6:30 pm: Initial figures show an average of 53 percent...

Should mutual fund investors book profits now?

Apr 24, 2014 at 18:46 | Source: Economic Times

They may have missed their chance on earlier occasions, but it seems fund investors are no longer waiting and watching. When the stock market was riding the Modi wave, many of them headed for the exit. According to data from the Association of Mutual...

Invest in FMCG funds with medium to long term perspective

Apr 24, 2014 at 18:46 | Source: Economic Times

FMCG funds have been laggards in the last six months, with an average return of 5.32 per cent against 12.13 per cent offered by CNX Nifty, says Value Research, a mutual fund tracking entity. However, experts are not writing off the consumption theme ...

Should you invest in multi-cap mutual funds?

Apr 24, 2014 at 18:46 | Source: Economic Times

Avantika Singh, a 23-year-old electronics engineer, has just begun investing in equities. Having already put money in a couple of large-cap funds with consistent track records, she now wants to invest in a mid- and small-cap fund. However, her uncle,...

How to make the most of your debt portfolio amid volatile interest rates

Apr 24, 2014 at 18:46 | Source: Economic Times

Double-digit returns on fixed maturity plans (FMPs). Tax-free bonds offering high interest rates. Banks luring customers with fixed deposits they can break anytime without a penalty. And bond funds poised to shoot up due to the imminent fall in inter...

Live: Mumbai sees moderate voter turnout by 6 pm

Apr 24, 2014 at 18:30 | Source: FirstPost

6:30 pm: Initial figures show moderate voter turnout in all six of Mumbai's constituenciesAs per initial figures by election commission, total voting in six Mumbai constituencies till 6 pm is as follows: 52 percent in Mumbai North, 50 percent in Mumb...

Voter turnout in eastern India ranges from 47 to 70 percent

Apr 24, 2014 at 18:23 | Source: FirstPost

Kolkata/Guwahati/Patna/Ranchi: A voter turnout of as high as 69.61 percent to a low of 47 percent was witnessed till 3:00 pm in the sixth phase of the Lok Sabha elections today for 23 seats in eastern India.West Bengal, where the second phase of the ...

Mulayam Singh Yadav, Ajit Singh on test in third phase of polling in UP today

Apr 24, 2014 at 18:00 | Source: Money Rediff News Report

New Delhi: The third phase of polling in Uttar Pradesh today, covering 12 constituencies in western and central Uttar Pradesh, is likely to test the clout of two important regional players -Mulayam Singh Yadav's Samajwadi Party (SP) and the R...

Despite Delhi, Mumbai might choose Kejriwal over Modi, Rahul

Apr 24, 2014 at 17:48 | Source: FirstPost

The Matunga flyover wears the colour of Mumbai a time-worn grey, the colour of asphalt scarred by tyres, scalded in heat and scraped by millions of shuffling feet. Running along one edge of its back, arched over a noisy Central Mumbai thoroughfare, ...

Live: In Mumbai turnout still only 35 percent till 3 pm

Apr 24, 2014 at 16:55 | Source: FirstPost

5:00 pm: No BJP candidate, fine we'll settle for Shiv Sena, say south Mumbai votersWhile most of Mumbai saw a typically low turn out on voting day, there was a steady stream of sedans and SUVs pulling up to the entrance of the polling booth at the Ca...

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