From the category archives:

Money

India’s GDP to touch 205 Trillion Rupees by 2020: Edelweiss Report

by Viral Dholakia on March 21, 2010

On March 17, Edelweiss Capital has released a research report “India 2020, Seeing Beyond’ which says that India’s Gross Domestic Product (GDP) is likely to quadruple over a period of 10 years. It further states that India is likely to be a US $ 4.5 trillion economy over the next decade. [...]

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B-School Placement Salaries: Are we being told the real Truth?

by Viral Dholakia

Finally, the placement season of ‘Top’ Indian MBA grads has begun (or, shall I say, ended the way it’s been projected that all have been placed already?). And with the placement seasons come eye-popping Salary figures as headlines in major newspapers. I never could understand the real reason for the major Institutes or major dailies [...]

11 comments March 10, 2010 Continue Reading →

Paypal India Withdrawals get further clarity

by Arun Prabhudesai

Paypal seems to have brought out some clarity regarding India based Bank withdrawals. According to the post made by Farhad Irani today on paypal blog,

0 comments March 2, 2010 Continue Reading →

Finance Friday : Cheques To Get More Secure , Stock Market & The Union Budget

by Ankit Agarwal

RBI To Introduce More Security Features in Cheques
In a bid to reduce cheque frauds and standardize the cheques across the banking sector, RBI has introduced a slew of new features for making the Cheques more secure.RBI has asked the banks to add more security features in the cheques they use.
The key security features include use [...]

0 comments February 26, 2010 Continue Reading →

Catching Them Young, Financially!

by Madhav Shivpuri

As an adult I always thought that financial education should be part of school curriculum to make dealing with money in real life easier. Schools teach you addition and subtraction, they teach you simple and compound interest. But what they don’t teach you is how this is immediately applicable to your bank accounts, and to [...]

3 comments February 22, 2010 Continue Reading →

Is Arbitrary Investment in Tax-Saving ELSS MF Scheme Just Before the Year End Justified?

by Viral Dholakia

As the close of financial Year 2009-10 nears by, the inflows into Equity-Linked Savings Scheme (ELSS) is gaining its ground over other mutual fund schemes for the sheer benefit of tax-saving advantage that these schemes offer to its investors. In fact, since last one month, the record inflow of retail funds in to such ELSS [...]

5 comments February 17, 2010 Continue Reading →

Nokia & Yes Bank bring innovative Mobile Money Services to Consumers !

by Arun Prabhudesai

Close to the heels of SBI announcing its Mobile Banking initiative for under-privileged, Nokia has now partnered with Yes Bank to provide Mobile Money services that will enable consumers to transfer money and make various payments securely through Nokia Mobile Phones.

Initially, consumers will be able to transfer money to another person just by [...]

0 comments February 15, 2010 Continue Reading →

Open Bank account from your nearest Grocery shop – operate from mobile

by Arun Prabhudesai

This is really interesting – State Bank of India has announced that it will soon offer no-frills bank account for needy – which will be used only through mobile phone. According to this article in telegraph, this project is only for people who earn less than 5000 rupees a month and own a mobile [...]

4 comments February 11, 2010 Continue Reading →

Fuel prices to be decided by Market now – May go up by Rs. 5

by Arun Prabhudesai

When I first went to U.S some 10 years back, I was very intrigued about one thing – The petrol prices changed on daily basis, they would either go up or go down by a few cents – unlike in India where prices changed only when Government decides to do something about it. [...]

6 comments February 10, 2010 Continue Reading →

Which Life Insurance Should You Get?

by Madhav Shivpuri

Insurance comes in many hues and to choose one over the other you need to develop certain financial intelligence to assess your options. In this post I will only discuss about the benefits of ‘Term insurance’ due to reasons mentioned below. What is insurance? First and foremost one needs to [...]

1 comment February 3, 2010 Continue Reading →

Is the Rupee exchange rate inversely proportional to Stock market

by Arun Prabhudesai

I have been following both US – Rupee exchange rate as well as stock market, and it is quite obvious that both of them are inversely proportional to each other. Have a look at these Charts of US dollar Vs Rupee exchange rate chart and Stock Markets for last 5 years Rupee Vs [...]

0 comments February 2, 2010 Continue Reading →

The Best Money Managers show which country they will invest in !

by Arun Prabhudesai

The Davos summit is on top of every top executive worldwide. The most rich and powerful from each country attend this high profile meet. There is a little exercise that carried out during this meet – World’s top Investment Managers get together in one small room and are given mock $1 [...]

6 comments January 29, 2010 Continue Reading →

Very Soon, your beloved Indian Rupee will get a New Symbol

by Arun Prabhudesai

I am not sure if you remember, but last Year Indian Government had announced a creative contest for designing the new rupee symbol. Yeah, they also got into Crowdsourcing mode as well !

They received more than 25000 entries for the designing the new rupee – and why not. Imagine having the symbol design created by [...]

5 comments January 22, 2010 Continue Reading →

Finance Friday : Infosys Results , Industrial Index, Rising Inflation

by Ankit Agarwal

Infosys Quarter Results Beat Industry Estimates , raises Revenue Guidance
The year has started on a promising note as far as financial numbers are considered.Infosys, the IT bellwether beat delivered better then expected third quarter results which bought a short term cheer to the Indian Stock Markets.
Infosys reported a 2.7% rise in consolidated net profit for [...]

15 comments January 15, 2010 Continue Reading →

Is 2010 Going To Be A Good Salary Year

by Ankit Agarwal

First of all , let me Wish You All A Very Happy and Prosperous New Year on behalf of Arun and the trak.in team.

The year 2010 looks like a very promising one to begin with.Not so much that anything spectacular has happened, but we have seen the worst years in the latter part of 2008 [...]

4 comments January 1, 2010 Continue Reading →

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