economy

Have you already started using the New Rupee Symbol? – most probably not. The computer keyboards are not yet equipped for that. But there is an alternative way you can use it in documents and spreadsheets. Download this font developed by…

Last weeks biggest news undoubtedly was the launch of low-cost $35 tablet by the Indian Government for Educational purposes. Trak.in saw huge surge of traffic as we managed to bring out this news before anyone else and also procured some…

During his Union Budget 2010 Speech, Finance Minister Pranab Mukherjee had pointed out that the prospects for imposing the Direct Tax Code from April1, 2011, was strong. However, he didn’t sound as much confident speaking about the same for…

The biggest news of last week undoubtedly was the finalization of new Indian Rupee Symbol. India has now joined the ranks of Elite countries who boast a unique currency symbol of their own. Although, we have a new symbol now, the process in…

Let me take you back by 6 years, when I took a plunge into stock markets - Infosys was a marquee name for me then and, may be, even now. And, at that time I was not even aware that TCS was a bigger company than Infosys (Oops! my ignorance).…

The selection process for the new rupee symbol has been shoddy to say the least – Check out the shocking story on How the Rupee symbol was finalized. But, that is done for now. The verdict on the Rupee symbol is out and the above inscribed…

Indian stock Market closed at a high of above 18000 after two and half years bringing cheers to many stock market investors – Last couple of years, starting Jan 22, 2008 have been quite tough – Sensex had dipped to 8000 levels from a high…

We all have been eagerly waiting for the Rupee Symbol to be finalized. It was supposed to happen in last week of June, but for some reason the Rupee symbol has not been finalized out of the 5 shortlisted ones. However, there is a…

There are so many people that ask me this questions – Why should I file my Tax returns, if I have already paid my taxes. Infact, many wrongly believe that there is no need to file the tax returns at all. This is a completely wrong…

Believe it or not – the bottom formation process for the tariff price wars in the telecom sector has already commenced! It certainly seems that the depressed telecom industry has kicked off with the much needed consolidation in terms of…

The last week has been packed with surprising events wherein the laggards have made a sort of amazing comeback – be it Re-rating of the depressed Telecom Sector or even FIFA World Cup Favorites having been shown the door by the minnows (not…

Ring! Ring! Didn’t hear it? Worry not; you will hear it ringing louder as the telecom sector is up for re-rating on the back of brokerage up gradation. First, a look at the telecom stocks on the Indian bourses: Date: July 9, 2010 -…

The 2008 recession has turned the global currency picture upside down. The impact of the slowdown has been felt harder on the advanced economies such as the US, UK and Europe, leading to substantial drain in their currency strength and…

Here comes one more Thursday. Are you waiting for the updated Inflation figures? The inflation data that is announced on this day has more to do with the headline (WPI or Wholesale Price Index) inflation which includes basic items such as…

Better late than never! That’s the phrase that came to my mind when the Manmohan Singh government, finally, decided to partially decontrol the fuel prices yesterday in order to bring down the burden of subsidies from the increasing…

Rupee Symbol will be announced today – 5 of them are already shortlisted from thousands of entries that were received last year when the Government of India went public with the competition to design new rupee symbol. Following are the 5…

I am sure all of us have done this one time or the other, especially employees to either save taxes / or for submitting it to the Employer for reimbursement of  House Rent Allowance, or HRA. Although, to be entitled for HRA, the…

Online shopping has had a rather slow and tumultuous journey in India, it has not picked up as much as it should have primarily due to the fact that internet penetration itself is quite low and  secondly (and importantly) the online…

Changing climate and growing concern over carbon emissions have led to immense focus on the development of Green/Clean technologies. It is well understood that these clean/green technologies posses the key for the future growth and…

The much-awaited revised discussion paper on the Direct Tax Code (DTC) is set in the public domain by the Manmohan Singh government. The earlier discussion paper on the Direct Tax Code Bill was released in August 2009 to receive public…