विदेशों में बहुमूल्य धातुओं की कीमतों में तेजी का रुख देखते हुए सटोरियों ने अपने सौदों के आकार को बढ़ाया जिससे वायदा कारोबार में बुधवार को सोने का भाव 186 रुपये की तेजी के साथ 27,165 रुपये प्रति 10 ग्राम हो गया. वहीं चांदी की कीमत भी 248 रुपये की तेजी के साथ 37,520 रुपये प्रति किलोग्राम हो गई.

एमसीएक्स में सोने के दिसंबर डिलीवरी वाले अनुबंध के भाव 186 रुपये अथवा 0.69 प्रतिशत की तेजी के साथ 27,165 रुपये प्रति 10 ग्राम हो गए जिसमें 836 लॉट के लिए कारोबार हुआ. एमसीएक्स में चांदी के दिसंबर डिलीवरी वाले अनुबंध की कीमत 248 रुपये या 0.67 प्रतिशत की तेजी के साथ 37,520 रुपये प्रति किलो ग्राम हो गई जिसमें 827 लॉट के लिए कारोबार हुआ.

बाजार विश्लेषकों ने कहा कि निवेशकों को अमेरिकी फेडरल रिजर्व द्वारा इस वर्ष ब्याज दर में वृद्धि की कमजोर संभावना दिखाई दे रही है और इसकी वजह से मजबूत वैश्विक रुख को देखते हुए सटोरियों ने अपने सौदों के आकार को बढ़ाया जिससे वायदा कारोबार में सोने-चांदी की कीमतों में तेजी आई.

Sony has launched a pair of smart glasses, just as Google is deciding what to do with its own connected eyewear.



The Smart Eyeglass, made by Sony, will be available from March 10 in the UK as well as Japan, Germany and the US. It will cost €670.

Sony’s launch comes weeks after Google halted sales of Glass, taking the product out of its experimental stage but making no clear commitment to start re-selling it. Glass’s cancellation came amid much speculation about whether consumers would ever take to smart glasses worn on the face.

Sony’s glasses offer much the same features as Google’s. They connect with Android smartphones, and the show text, images and information on a small built-in screen, superimposed over the real view.

They are built into a slightly less obvious pair of glasses. Where Google’s eyewear had much of the computer components built into a box on the side of the frame, Sony’s glasses are bigger and wraparound the face.

The company will release a new version of its kit that allows software developers to make apps for the glasses.

As well as displaying images and texts, apps can receive information from the phone such as geographical location and inputs.

Developers have made a range of apps for Google Glass — mostly using the screen as a way of displaying notifications, similar to smart watches — but development has mostly lagged behind expectations  as the glasses have failed to take off.

Rs.1 cr. per annum could have been unbelievable few years ago, but observing the trend this year its as normal as salary in lakhs. Few days ago 2 IIT Kanpur students were offered Rs 1.20 cr package during the ongoing placement drive. Now it's a regular feature for IIT Kanpur as 12 students were offered Rs 1 crore or more during an ongoing placement drive.

IT giant Oracle has offered a remuneration package of Rs 1.3 crore per annum to three students while internet giant Google has offered an annual package of Rs 1 crore to six students. LinkedIn has offered an annual package of Rs 1 crore to two students while Tower Research has given one student a package of Rs 1 crore per annum, a top official said, requesting anonymity.

The number of students to have bagged a placement offer of Rs 1 crore or above is expected to increase three-fold as out of 250 companies, only 90 have participated in the placement drive till now, the official said.He also dismissed reports that the three students being given Rs 1.3 crore per annum have refused the offer.

There are dozens of students have bagged a package between Rs 50 to Rs 75 lakhs per annum, the official said.
IIT Kanpur placement cell incharge Vimal Kumar said around 1,100 BTech, MTech, MBA and MSc students registered for the placement process out of which 350 students have received their offer letters.He refused to give details of the package but said the students are getting good offers.

As many as 50 multi-national companies and 40 Indian companies have participated in the placement procedure.Mulit-national companies that have participated in the placement procedure so far include Mitsubishi, Amazon, Citibank, Microsoft, Sony, Samsung, Airbus, HSBC Bank, Deutsche Bank, Credit Switch and others, Kumar said.

Indian companies that participated in the placement drive include Tata motors, ITC, Flipkart, Infosys and Hero motors.
The drive that started on Sunday would continue till December 22.The IIT administration has also organized a special workshop to train students for facing interviews.

Many of us invest in fixed deposits (FDs) as they are safest investment option available today. But most of the time while investing, we don't spend too much time on thinking where to park our FDs. However, the fact is we can save quite an amount if we carefully select our fixed deposit option.

In order to maximise returns, while it is useful to get high interest rates, it is also a good idea to minimise the cost of unplanned FD closure. Often, when we are need of funds, we tend towards breaking the fixed deposit. As a result we not only we lose on interest rates, but are also penalised as much as 1 per cent in the name of premature withdrawal penalty.

While this may seem a small number, it becomes sizeable when actual cost is calculated. Most banks calculate interest rates for premature closure of FDs by the following formula:

Interest Rates for Premature withdrawal of FDs = Interest Rate applicable for actual period of FD as per the rates prevalent at the time of investment - 1 per cent

Most of the banks charge premature withdrawal penalty as per the above formula for all fixed deposits, including linked FDs with sweep in facility and FDs with periodic interest payouts.

In case of FDs with periodic interest payouts, where banks have already paid the investor interest as per the committed rates, banks calculate the applicable penalty at the time of redemption, and reduce the final payout by the same effectively reducing the interest rate to the rate as per the above formula.

However, the premature withdrawal penalty can be completely avoided as several banks have started offering premature withdrawal without penalty. In fact, you will be surprised to know that some of them also offer the best interest rates on FD's. The following table lists interest rates offered on FDs and premature withdrawal penalties levied by major banks:



The above comparative shows that Axis Bank, Yes Bank and IDBI Bank offer high interest rates and also allow premature withdrawal without penalty.

On the other hand, major retail banks like ICICI Bank and HDFC Bank offer lower interest rates and charge hefty premature closure penalties.

Let us take an example where Ajay has invested Rs. 3 lakh each in Axis Bank and HDFC Bank for a period of 3 years but withdraws the money in 1 year. The following is the return Ajay gets from both FDs:



While both the FDs are offering same returns for 3 year period and the interest rate applicable for 1 year is also same in both the cases, Ajay loses out Rs. 3,479 only due to penalty in case of HDFC Bank.

One might think about the case where FD rates are lower for the actual deposit period than the original period; and the case where FD rates at the time of booking were higher than rates prevailing at the time of FD closure. In such cases, banks take the lower of the two rates to pay interest.

So, next time when you book your FD, do not forget to check the premature withdrawal penalty along with interest rates, else you may land up losing out on easy money

Extending its rising streak for the fourth straight day, the rupee appreciated by 51 paise to trade at nearly four-month high of 60.90 against the dollar in early tradeMonday on sales of the US currency by banks and exporters and sustained foreign capital inflows.

The BSE Sensex surged as much as 487 points to a record high of 21,483.74, while the 50-share Nifty benchmark edged past the key 6,400 levels on Monday as investors cheered a four-zero victory for the Bharatiya Janata Party in the state polls.

The BJP is perceived by many investors as being more business-friendly, and it's good showing in assembly elections raised optimism about its chances ahead of general elections due by May next year.

"The BJP is considered more right-of-center, pro-business and reform-oriented," Nomura said in a note to clients.

"The fact that runaway spending by the ruling party has not won any votes could be taken as a very positive signal by the markets in terms of voter preference for the kind of policy favoured by the electorate."



The Sensex bettered its previous record high of 21,321.53 hit on November 3, 2013, while the Nifty surged past its previous all-time high of 6,357 hit in January, 2008. The rupee hit nearly 4-month high of 60.84 against Friday's close of 61.41.

The BJP cruised to landslide wins in Madhya Pradesh and Rajasthan, won a majority in Chhattisgarh and emerged as the single largest party in Delhi.

Market analyst Sarvendra Srivastava told NDTV that a game changing session is on the cards and a breakout has happened in the expected direction.

Madhav Dhar, managing partner of GTI Capital told NDTV that this verdict is more of a vote against the ruling Congress Party. The results are an affirmation that we had unsustainable policies and a lot of cynics about India will pause and say wow things will change, he said.

"The economy will be on a 7 per cent growth trajectory, inflation will be below 7 per cent and corporate profits will rise. Markets will be substantially higher that what it is today," Mr Dhar added.

However, foreign brokerages were a little subdued in their outlook. Macquarie said the positives from state elections are somewhat factored in the markets.

Analysts also warned that a BJP victory next year is far from guaranteed and the market rally could be capped by worries about an economy expected to grow below even the decade low of 5 per cent hit in the previous fiscal year.

The Federal Reserve could also move soon to end its massive stimulus after signs of an improving US economy. Only a few months ago India was badly roiled by fears of an early end to the Fed tapering, ushering the worst market crisis since the balance of payments turmoil two decades ago.

Although India is seen as being in a stronger position after its current account deficit has narrowed to a more than four-year low, the prospect of foreign selling is a concern.

Foreign investors have bought Rs. 1 trillion so far this year in shares, making these capital flows vital for India's current account balance.

Furthermore, high inflation has forced the Reserve Bank of India to raise interest rates by half a percentage point over the previous two months. A continued spike in consumer prices in data due out on Friday could bolster views the central bank will again tighten monetary policy again this month.

"There should not be such excitement around new high. It is not understandable in context of growth and valuations." Sanjeev Prasad, executive director and co-head of Kotak Institutional Equities in Singapore.

As of 12.45 p.m., the Sensex traded up 315 points at 21,312, while the Nifty traded 97 points higher at 6,357.

On the Nifty, 41 of the 50 shares traded in the green, but banking and industrial stocks were the biggest gainers. The Bank Nifty rose as much as 4.3 per cent. ICICI Bank was among the top Nifty gainers, up 4.8 per cent. Engineering and construction major L&T traded with 4.65 per cent gains.

Sunny Leone, the Indo-Canadian porn star has struck gold in Bollywood. She has not just carved her niche as a budding actress of B-town but has also proved that she is a good dancer. Sunny Leone has left her past as a porn star behind and she is here to work hard and prove her worth as an actress. In an exclusive chit chat with Wonderwoman.in, Sunny talks about her relationships, passion for work and why she chose porn films as a career option.
From an adult star to a Bollywood heroine, how easy or difficult the ride has been?It's a 360 degree difference. I always wanted to do this, to work in front of camera like this. I always wanted to be a mainstream heroine. It is virtually impossible for any adult star to work as a heroine in a mainstream film but I have been lucky that I was accepted and loved.
How easy or difficult was it for you to get accepted in Bollywood?
I think the biggest reason for my acceptance was Bigg Boss. Audience watched the real me in the show. The real Sunny Leone coming to your drawing room every night at 10pm, cooking, doing household chores like any other normal girl was the biggest reason for my acceptance. Had I come directly to Mumbai for working in Bollywood, I would never have been accepted.

Have you watched this season's Bigg Boss?No I haven't, I didnt get the time but I have heard it's very crazy this season.

Are you still working in porn films?
It is a big misconception that I still work in porn films. I had stopped working in adult films when I joined Bigg Boss. Obviously I can't erase what's in the past or internet. In 2008 when I formed company with my husband it was a way for me to exit the adult industry as an heroine and be part of production.

What was in your mind when you first faced the camera as an adult movie star?See, ultimately, it's a business. It is a multi-million dollar industry that happens in every corner of the world and is recession free. So I was strictly professional and had only one thing in my mind that I should be able to generate as much business as I promised the producer when I was signed. First time when I acted in a porn film, I acted with my boyfriend. I have worked with very few people in such films, one of them my current husband, who was my boyfriend then.
What was your family's reaction when you joined porn industry?Obviously like any other normal family they were upset. When I told my father he was upset that I didn't consult him before taking this decision. But he gave me a piece of advice that I always keep in mind - that whatever I do I should be successful in it.

Your biggest turn on and turn offs?Intelligence is my turn on and turn off is men who use a lot of cologne.

What do you think is the most attractive part of your body?My face

If you were to make an adult film whom would you pick from Bollywood to play the lead roles?This question can get me into trouble so no comments. (laughs)
Name your favourite Bollywood film.Aashiqui 2, I cried a lot watching it.

How is Sunny Leone as wife and sister?I am like any normal wife at home. My husband and I share a very healthy relationship, we cook together, watch films. As a sister I am very protective as I am the elder one, our parents are no longer with us so I try to give everything to my brother and wish that he achieves success in life.

The dish that turns Sunny on...Truffle Mac N Cheese. I cook it from scratch, with lots of cheese and eat almost half of it alone.

Tell us something about your upcoming film Jackpot?This is my second film, I have worked very hard. What I want and hope is that the audience see that I have really improved as an actor.




Article by: Abhishek Jain