In this globalized economy, one stands in complete dilemma when it comes to selecting the correct funds to invest. The diversification on this field in open ended/ close ended funds or debt, equity, commodity funds creates a big challenge for an investor. Thus, this article is an answer to the queries going on in...
In India, there is significant rise in the number of people who present gold to the bank in the form of jewellery or gold biscuits or other form and take loan in the form of cash in return. But due to this increase in this trend, Reserve Bank of India (RBI) has imposed certain...
Building from scratch we know that it is the simple mechanism of micro economics wherein the market forces of demand and supply determine the prices of goods and services in the economy. Here the commodities that fall in picture are cigarettes and drugs. Both of which are hazardous to human life and governments of...
Indian Budget 2012-2013 Highlights The Indian Budget for the financial year 2012-2013 was introduced yesterday, 17th March, 2012. Here are the main highlights that could be taken as summary of the budget that was introduced by Pranab Mukherjee. Key points of the budget for financial year 2012-2013 1. The pension relating to Widow and...
Gold prices have fallen to a seven week low. This drop in price was a result of the news when Federal Reserve neglected and rejected any further stimulus measures. It was also due to the reduced demand for metal due to stronger dollar as an alternative investment option. Gold dropped by 2.3 per cent...
We are living in an era of cheap currencies. Gone are the days when devaluation was taken up to balance the deficit of payments, to speed up manufacturing sector, create employment opportunities thereby providing social and economic growth. Putting it in a better way, depreciating currency is not a reliable measure to improve economy,...
“AI selects Booz, Rothschild for cost restructuring?, “AI may announce 50% incentive cut?, “Pilots refuse to meet with Air India management?, “AI asks employees to accept salary cuts”. These are the news headlines that have been flooding the media and all major newspapers in the past few days. The oldest and largest airline in...
In India the debate on foreign direct investment (FDI) in retail is one of the burning topics of to-day. The topic is in itself very vast and varied that covering all the issues is not possible. To begin with the retail industry in India is one of the pillars of the economy as it...
Even though there has not been any specific step taken to tackle the inflation with these tax changes, the impact of higher inflation will be reduced. The major impact on all these policy changes will be by of the crude oil price volatility. These are some of the generic changes that are bound to...
It’s that time of the year, when we have Budget Estimates and Declarations knocking the door. However, as the euphoria sinks in finally, what does the Budget really amount to? What’s the impact it could have on our day to day life? Here’s a simple unfolding of What’s In the budget and What’s not....
