LIC of India recenly launched a new Plan SAMRIDHI PLUS. Some key features of this plan are as follows: 1.Guaranteed Highest NAV of first 100 Months. 2.Policy term 10 Yrs.Premium payment term:5 Yrs. 3.Insurance protection. Though this plan gives highest NAV guarantee,readers should not ignore the charges of this scheme. Charges of this Plan are…
Power Finance Corporation launched Infrastructure Bonds:
Power Finance corporation launched secured ,Reedemable ,NCD form Infrastructure Bonds today.PFC is expecting to raise Rs.5300 Crore through its infra bonds. Issue opens for subscription on Feb 24 and closes on march.22. The Bonds may issued in one or more treanches. The bond issue is under section 80ccf of the income tax act ,whwrein an…
Silver Hits 30Yr. High:
Silver prices today notched the 30 yr high today in COMEX.Silver was trading at about $32.20,record high after 1980. At same time, silver was trading just above of Rs.48,000,,at multicommodity exchage.Recent reports show the stronger demand will continue from Asia especially China. Silver have now major support of $30. Silver prices have surged from $17…