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  • India Bike Week 2016 in Goa | The Financial Express
    the journey they undertake Moto Art Collective A curated collection of motorcycle and biking culture inspired art exhibited at the festival s gallery National Custom Bike Build Offs One of India s best bike builders assembling customised bikes from scratch National Stunt Championship Stunt performers battling in elimination rounds performing motor biking stunts Vintage Classic Bike Concourse Showcasing over 100 heritage rides sourced from collectors across the country First Published on January 27 2016 6 34 pm Please Wait while comments are loading Calculators Tax Calculator House Loan Calculator Financial Planner Inflation Planner Pension Calculator Employee PF Calculator Equity Screener Auto Loan Retirement Plan Savings Investment Guidance Videos BMW 7 series Merc S600 showcased at Auto Expo 2016 Auto Expo 2016 Maruti Suzuki Ignis Baleno RS unveiled Auto Expo 2016 Toyota Innova Crysta MPV makes its India debut Auto Expo 2016 New Hyundai Tucson SUV revealed Galleries IPL 9 auction Market Capitalisation Employment index Vegetable oil import BSE Sensex more PM Narendra Modi inaugurates Paradeep oil refinery Top 10 takeaways Sunny Deol starrer Ghayal Once Again box office collections soar to Rs 14 85 cr by day 2 New Mahindra cars at the Delhi Auto Expo 2016 In the news PM Narendra Modi inaugurates Paradeep oil refinery Top 10 takeaways Sunny Deol starrer Ghayal Once Again box office collections soar to Rs 14 85 cr by day 2 India s biotech moment A made in India Zika virus vaccine Sanam Teri Kasam collections at Rs 1 25 cr Valentine s Day booster shot missing New Mahindra cars at the Delhi Auto Expo 2016 From Real Madrid to Chelsea Know the top 10 richest clubs Earthquake in Taiwan Magnitude 6 4 quake kills 14 over 100 missing scores injured in Tainan Real Madrid s Cristiano Ronaldo 31 soccer star and entrepreneur

    Original URL path: http://www.financialexpress.com/article/lifestyle/travel-tourism/india-bike-week-2016-in-goa/202994/ (2016-02-07)
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  • Indian rupee ends lower by 9 paise at 67.64 vs US dollar | The Financial Express
    Asian trade but remained on track for weekly losses as investors braced for US employment figures later in the session over the latest clues on the outlook for the Federal Reserve s monetary tightening path Crude oil prices advanced today as US dollar weakness lent some support to prices despite fundamentals remaining weak Pramit Brahmbhatt of Veracity Financial Services said Despite positive global cues the rupee opened on a negative note near 67 7 levels But for the day the rupee found support near 67 6 levels on back of strength in domestic equity market and ended at 67 64 Trading range for spot USD INR pair is expected to be within 67 2 to 68 levels The BSE benchmark Sensex ended higher by 278 54 points or 1 14 per cent today In forward market premium for dollar eased further on persistent receivings from exporters The benchmark six month premium payable in July moved down to 202 204 paise from 203 205 paise yesterday and far forward January 2017 contract declined further to 411 413 paise from 412 414 paise The RBI fixed the reference rate for the dollar at 67 6365 and for the euro at 75 7326 In cross currency trades the rupee recovered against the pound sterling to end at 98 27 from 98 78 yesterday while the euro also moved down further to 75 74 from 75 54 The domestic unit declined further against the yen to 57 91 from 57 47 per 100 yen First Published on February 5 2016 10 14 am Tags Indian Rupee US Dollar Please Wait while comments are loading More on this story Rupee logs best single day gain this year up 52 paise Indian rupee weakens further at 68 07 vs US dollar down 9 paise Indian rupee extends losses down 14 paise at 67 98 Calculators Tax Calculator House Loan Calculator Financial Planner Inflation Planner Pension Calculator Employee PF Calculator Equity Screener Auto Loan Retirement Plan Savings Investment Guidance Videos BMW 7 series Merc S600 showcased at Auto Expo 2016 Auto Expo 2016 Maruti Suzuki Ignis Baleno RS unveiled Auto Expo 2016 Toyota Innova Crysta MPV makes its India debut Auto Expo 2016 New Hyundai Tucson SUV revealed Galleries IPL 9 auction Market Capitalisation Employment index Vegetable oil import BSE Sensex more PM Narendra Modi inaugurates Paradeep oil refinery Top 10 takeaways Sunny Deol starrer Ghayal Once Again box office collections soar to Rs 14 85 cr by day 2 New Mahindra cars at the Delhi Auto Expo 2016 In the news PM Narendra Modi inaugurates Paradeep oil refinery Top 10 takeaways Sunny Deol starrer Ghayal Once Again box office collections soar to Rs 14 85 cr by day 2 India s biotech moment A made in India Zika virus vaccine Sanam Teri Kasam collections at Rs 1 25 cr Valentine s Day booster shot missing New Mahindra cars at the Delhi Auto Expo 2016 From Real Madrid to Chelsea Know the top 10 richest clubs Earthquake

    Original URL path: http://www.financialexpress.com/article/industry/banking-finance/indian-rupee-vs-us-dollar-at-forex-markets-on-feb-5-2016/207544/ (2016-02-07)
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  • SBI partners with Thomas Cook to offer holiday saving scheme | The Financial Express
    a planned savings and an advance booking bank s Managing Director National Banking Group Rajnish Kumar told reporters here today The scheme will offer an inflation proof holiday as customers pay for a future holiday at today s prices while earning interest on the linked e recurring deposit he said It is volume driven exercise We believe that this product has a capability of carrying in 40 000 50 000 passengers a year Thomas Cook Chairman and Managing Director Madhavan Menon said If a customer changes his mind due to a change in circumstances he can opt out of the holiday package at any stage at zero cost First Published on February 4 2016 9 13 pm Please Wait while comments are loading Calculators Tax Calculator House Loan Calculator Financial Planner Inflation Planner Pension Calculator Employee PF Calculator Equity Screener Auto Loan Retirement Plan Savings Investment Guidance Videos BMW 7 series Merc S600 showcased at Auto Expo 2016 Auto Expo 2016 Maruti Suzuki Ignis Baleno RS unveiled Auto Expo 2016 Toyota Innova Crysta MPV makes its India debut Auto Expo 2016 New Hyundai Tucson SUV revealed Galleries IPL 9 auction Market Capitalisation Employment index Vegetable oil import BSE Sensex more PM Narendra Modi inaugurates Paradeep oil refinery Top 10 takeaways Sunny Deol starrer Ghayal Once Again box office collections soar to Rs 14 85 cr by day 2 New Mahindra cars at the Delhi Auto Expo 2016 In the news PM Narendra Modi inaugurates Paradeep oil refinery Top 10 takeaways Sunny Deol starrer Ghayal Once Again box office collections soar to Rs 14 85 cr by day 2 India s biotech moment A made in India Zika virus vaccine Sanam Teri Kasam collections at Rs 1 25 cr Valentine s Day booster shot missing New Mahindra cars at the Delhi

    Original URL path: http://www.financialexpress.com/article/industry/banking-finance/sbi-partners-with-thomas-cook-to-offer-holiday-saving-scheme/207339/ (2016-02-07)
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  • Rupee logs best single day gain this year, up 52 paise | The Financial Express
    the euro since early December after a disappointing reading on US service sector activity was seen putting Federal Reserve interest rate increase on hold Pramit Brahmbhatt of Veracity Financial Services said Taking cues from global equity market the rupee opened on a positive note below 68 levels and since opening we saw the rupee strengthening as day progressed Our benchmark index Nifty closed with a considerable gain of 42 points and following to the same rupee strengthened thus by weakening USD Thus rupee closed with a gain of 52 paisa at 67 55 levels Trading range for spot USD INR pair is expected to be within 67 2 to 67 8 range The BSE benchmark Sensex ended higher by 115 11 points or 0 48 per cent Meanwhile Foreign portfolio investors FPIs sold shares worth Rs 357 13 crore yesterday as per provisional data released by stock exchanges Meanwhile US crude stayed below USD 30 per barrel in Asia today as oil price losses deepened on expectations that US petroleum stockpiles will rise further and exacerbate the already over saturated global market The dollar index was lower by 0 65 per cent against a basket of six currencies in the late afternoon trade In forward market premium for dollar eased further on persistent receivings from exporters The benchmark six month premium payable in July moved down to 203 205 paise from 205 75 207 75 paise yesterday and far forward January 2017 contract declined to 412 414 paise from 415 417 paise The RBI fixed the reference rate for the dollar at 67 8093 and the euro at 75 1327 In cross currency trades the rupee dropped further against the pound sterling to end at 98 78 as against 98 62 yesterday and the euro also moved down to 75 54 from 74 39 The domestic unit declined further against the yen to 57 47 from 57 00 per 100 yen First Published on February 4 2016 10 38 am Tags Indian Rupee US Dollar Please Wait while comments are loading More on this story Indian rupee ends lower by 9 paise at 67 64 vs US dollar Indian rupee weakens further at 68 07 vs US dollar down 9 paise Indian rupee extends losses down 14 paise at 67 98 Calculators Tax Calculator House Loan Calculator Financial Planner Inflation Planner Pension Calculator Employee PF Calculator Equity Screener Auto Loan Retirement Plan Savings Investment Guidance Videos BMW 7 series Merc S600 showcased at Auto Expo 2016 Auto Expo 2016 Maruti Suzuki Ignis Baleno RS unveiled Auto Expo 2016 Toyota Innova Crysta MPV makes its India debut Auto Expo 2016 New Hyundai Tucson SUV revealed Galleries IPL 9 auction Market Capitalisation Employment index Vegetable oil import BSE Sensex more PM Narendra Modi inaugurates Paradeep oil refinery Top 10 takeaways Sunny Deol starrer Ghayal Once Again box office collections soar to Rs 14 85 cr by day 2 New Mahindra cars at the Delhi Auto Expo 2016 In the news PM Narendra

    Original URL path: http://www.financialexpress.com/article/industry/banking-finance/indian-rupee-vs-us-dollar-at-forex-markets-on-feb-4-2016/206986/ (2016-02-07)
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  • Govt to infuse about Rs 5,000 cr in PSU banks this quarter | The Financial Express
    government has pumped in about Rs 20 088 crore in 13 public sector banks so far Talking about various initiatives taken by the government to deepen social security net Duggal said banks are addressing last mile connectivity issues The Department of Financial Services is having discussion with banks on regular basis to sort out the issues as soon as possible she said Banks like SBI and Andhra Bank are currently addressing issue of internet connectivity in the 800 identified areas Besides steps are being taken to strengthen internet connectivity in various parts so that Direct Benefit Transfer DBT is made seamless First Published on February 3 2016 2 03 pm Tags Capital Infusion PSU PSU Banks Please Wait while comments are loading More on this story PSU general insurers outpace private players in premium collection BHEL 11 other PSUs running in losses Anant Geete MoF asks PSU banks to focus on niche areas infra sharing Calculators Tax Calculator House Loan Calculator Financial Planner Inflation Planner Pension Calculator Employee PF Calculator Equity Screener Auto Loan Retirement Plan Savings Investment Guidance Videos BMW 7 series Merc S600 showcased at Auto Expo 2016 Auto Expo 2016 Maruti Suzuki Ignis Baleno RS unveiled Auto Expo 2016 Toyota Innova Crysta MPV makes its India debut Auto Expo 2016 New Hyundai Tucson SUV revealed Galleries IPL 9 auction Market Capitalisation Employment index Vegetable oil import BSE Sensex more PM Narendra Modi inaugurates Paradeep oil refinery Top 10 takeaways Sunny Deol starrer Ghayal Once Again box office collections soar to Rs 14 85 cr by day 2 New Mahindra cars at the Delhi Auto Expo 2016 In the news PM Narendra Modi inaugurates Paradeep oil refinery Top 10 takeaways Sunny Deol starrer Ghayal Once Again box office collections soar to Rs 14 85 cr by day 2

    Original URL path: http://www.financialexpress.com/article/industry/banking-finance/union-budget-2016-17-govt-to-infuse-about-rs-5000-cr-in-psu-banks/206454/ (2016-02-07)
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  • RBI on wait and watch mode on 7th Pay Commission | The Financial Express
    evolved closely along the trajectory set by the monetary policy stance With unfavourable base effects on the ebb and benign prices of fruits and vegetables and crude oil the January 2016 target of 6 per cent should be met Rajan said but added a caveat on the impact of the seventh pay commission implementation on the price index Going forward under the assumption of a normal monsoon and the current level of international crude oil prices and exchange rates inflation is expected to be inertial and be around 5 per cent by the end of fiscal 2017 RBI said However the implementation of the Seventh Central Pay Commission award which has not been factored into these projections will impart upward momentum to this trajectory for a period of one to two years The Reserve Bank will adjust the forecast path as and when more clarity emerges on the timing of implementation Rajan said As per our estimate the Pay Commission implementation by the Centre and state governments would lead to a 50 bn fiscal stimulus over the next two years The downside risks emanate from softer global commodity prices and a normal monsoon However the RBI would like to wait and watch as these factors play out over the next few months before being in a position to recalibrate the glide path of inflation and respond accordingly We believe that the upside risks are marginally higher than the downside risks as of now and hence we do not see any policy rate cuts in FY17 said Jay Shankar chief India economist director Religare Capital Markets First Published on February 2 2016 1 22 pm Tags 7th Pay Commission Recommendations Raghuram Rajan RBI RBI Monetary Policy RBI Monetary Policy Review Please Wait while comments are loading More on this story RBI s booster dose for startups Banks Reserve Bank square off over cash shortages Interest rates not holding back economy says RBI Guv Raghuram Rajan Calculators Tax Calculator House Loan Calculator Financial Planner Inflation Planner Pension Calculator Employee PF Calculator Equity Screener Auto Loan Retirement Plan Savings Investment Guidance Videos BMW 7 series Merc S600 showcased at Auto Expo 2016 Auto Expo 2016 Maruti Suzuki Ignis Baleno RS unveiled Auto Expo 2016 Toyota Innova Crysta MPV makes its India debut Auto Expo 2016 New Hyundai Tucson SUV revealed Galleries IPL 9 auction Market Capitalisation Employment index Vegetable oil import BSE Sensex more PM Narendra Modi inaugurates Paradeep oil refinery Top 10 takeaways Sunny Deol starrer Ghayal Once Again box office collections soar to Rs 14 85 cr by day 2 New Mahindra cars at the Delhi Auto Expo 2016 In the news PM Narendra Modi inaugurates Paradeep oil refinery Top 10 takeaways Sunny Deol starrer Ghayal Once Again box office collections soar to Rs 14 85 cr by day 2 India s biotech moment A made in India Zika virus vaccine Sanam Teri Kasam collections at Rs 1 25 cr Valentine s Day booster shot missing New Mahindra cars at the

    Original URL path: http://www.financialexpress.com/article/economy/rbi-monetary-policy-on-7th-pay-commission-recommendation-implementation/205748/ (2016-02-07)
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  • PHOTOS: No rate cut by RBI ahead of Union Budget 2016: Top 10 key takeaways | The Financial Express
    7 6 per cent Express Photo 7 In keeping with the Government s start up India initiative the Reserve Bank will take steps to ease doing business and contribute to an ecosystem that is conducive for growth of start ups Express Photo 8 The Reserve Bank continues to be accommodative even as it leaves the policy rate unchanged in this review while awaiting further data on the development of inflation Structural reforms in the forthcoming Union Budget that boost growth while controlling spending will create more space for monetary policy to support growth while also ensuring that inflation remains on the projected path of 5 per cent by the end of 2016 17 Express Photo 9 Rajan said that the central bank has not factored in 7th pay panel recommendation in inflation target How the government implements a planned 24 per cent pay hike in salaries and pensions for some 10 million current and former government employees will also be key in determining the path of inflation he said Express Photo 10 The first bi monthly monetary policy statement for 2016 17 will be announced on Tuesday April 5 2016 Express Photo X IPL 9 auction Market Capitalisation Employment index Vegetable oil import BSE Sensex more PM Narendra Modi inaugurates Paradeep oil refinery today Top 10 takeaways in his speech From Real Madrid to Chelsea Know the top 10 richest clubs New Mahindra cars at the Delhi Auto Expo 2016 Earthquake in Taiwan Magnitude 6 4 quake kills 12 over 100 missing scores injured in Tainan How Zika virus infection can spread From mosquito bites to urine transmission top 5 points to note Real Madrid s Cristiano Ronaldo 31 soccer star and entrepreneur All you need to know in 8 slides No petrol price cut for you even after oil prices drop from 106 to 26 Top 10 reasons why International Fleet Review 2016 President Pranab Mukherjee reviews naval fleet Skip this Advertisement More from this section IPL 9 auction Market Capitalisation Employment index Vegetable oil import BSE Sensex more PM Narendra Modi inaugurates Paradeep oil refinery today Top 10 takeaways in his speech From Real Madrid to Chelsea Know the top 10 richest clubs New Mahindra cars at the Delhi Auto Expo 2016 Earthquake in Taiwan Magnitude 6 4 quake kills 12 over 100 missing scores injured in Tainan How Zika virus infection can spread From mosquito bites to urine transmission top 5 points to note Real Madrid s Cristiano Ronaldo 31 soccer star and entrepreneur All you need to know in 8 slides No petrol price cut for you even after oil prices drop from 106 to 26 Top 10 reasons why International Fleet Review 2016 President Pranab Mukherjee reviews naval fleet Please Wait while comments are loading Videos BMW 7 series Merc S600 showcased at Auto Expo 2016 Auto Expo 2016 Maruti Suzuki Ignis Baleno RS unveiled Auto Expo 2016 Toyota Innova Crysta MPV makes its India debut Auto Expo 2016 New Hyundai Tucson SUV revealed Galleries

    Original URL path: http://www.financialexpress.com/photos/business-gallery/205731/no-rate-cut-by-rbi-in-monetary-policy-review-ahead-of-union-budget-2016-top-10-key-takeaways/ (2016-02-07)
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  • Planning to invest in retirement home? Coimbatore and Bhiwadi could be a good choice | The Financial Express
    the growing opportunity and come up with projects targetting the senior citizens who vie for a hassle free and independent life through retirement home With the emergence of organised developers in this segment accessibility to quality houses with suitable amenities have increased considerably as the segment offers a practical solution for senior citizens by allowing them to lead their lives comfortably though these community livings According to Cushman Wakefield the senior living spaces in India include independent living units for senior citizens above 55 years with good health and assisted living for senior citizens in need of assistance of nurse workers servants Realising the potential of this segment there are talks about establishing continuing care centers which are integrated campus developments providing special services including nursing care and space for independent and assisted living all in one location said Khurshed Gandhi managing director consulting Cushman Wakefield These retirement homes are not just confined to Tier 1 cities but are slowly catching up in Tier 2 and Tier 3 cities as well With their social medical and physical infrastructure these cities through their one campus offer both independent and assisted living along with skilled nursing care Besides the major metros including Bangalore Pune Chennai and Mumbai the trend is fast spreading to Tier 2 and Tier 3 cities Coimbatore Madurai Puduchhery Jaipur Dehradun and Bhiwadi are some of the destinations that are fast emerging as favorite hotspots for the retirement home investors Major factors that have made Coimbatore a major retirement destination include its cosmopolitan culture low cost of living less pollution favourable climatic conditions throughout the year good connectivity and significant infrastructure growth Add to this the medical facilities in the city are also touted to be amongst the best in the country Malpani said He further added that the affordability factor of Bhiwadi coupled with its proximity to Gurgaon and easy connectivity to the national capital is paving its way towards a favourite retirement living destination Thus developers are coming up with retirement homes option not in the major metro cities but also in the outskirts and suburbs of key metros As the affordable housing is key for this residential segment the developers along with affordability are also catering to other crucial parameters like operating expenditure for the services and amenities provided in senior living First Published on February 6 2016 11 31 am Tags Retirement Please Wait while comments are loading More on this story Income tax laws and retirement Top 7 empowering points Editorial Getting rid of dead wood Saving for retirement Why annuity products make sense Calculators Tax Calculator House Loan Calculator Financial Planner Inflation Planner Pension Calculator Employee PF Calculator Equity Screener Auto Loan Retirement Plan Savings Investment Guidance Videos BMW 7 series Merc S600 showcased at Auto Expo 2016 Auto Expo 2016 Maruti Suzuki Ignis Baleno RS unveiled Auto Expo 2016 Toyota Innova Crysta MPV makes its India debut Auto Expo 2016 New Hyundai Tucson SUV revealed Galleries IPL 9 auction Market Capitalisation Employment

    Original URL path: http://www.financialexpress.com/article/personal-finance/planning-to-invest-in-retirement-home-coimbatore-and-bhiwadi-a-good-choice/208099/ (2016-02-07)
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