Gold purity is the most important and relevant parameter for Gold jewellary.Purity is described in the units of carat or Karat. karat purity is measured as : Karat purity= 24 x (Mass of Pure Gold/The total mass of material) Therefore for 24-karat gold purity comes to be 99.99%. For 22-karat gold purity comes to be 0.9166…
IDFC Infrastructure Bonds Nov.2011:
Infrastructure Development finance Company(IDFC) Ltd has come with infrastructure bond-tranche-1 issue for financial year 2011-12.This issue carries tax benefit u/s 80ccf maximum upto Rs.20,000/-.Summay and key points of this issue are as follows: 1.Issue Open Date: 21st Nov.2011. 2.Issue Close Date: 16th Dec.2011 3.Face Value: Rs.5000/- per bond. 4.Mode of hoding: Demat or Physical. Interest…
ETF Report For Oct-2011:
National Stock Exchange have released report of Exchange Traded Funds(ETFs) traded at NSE.Important highlights of this report are as follows: The turnover and price of each class of ETF listed at NSE for Oct-2011 is as below: ETF Based On Asset Turnover(in Lakhs) % Gold 163743.57 83.44 Money Market 19489.89 9.93 Equity 12181.1 6.21…