economy

Returns from bank Fixed deposit (FD) are at their lowest point, attracting lower interest from the retail investors on account of low value for money when compared with high inflation rates. This leads to very negligible real rate of return…

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…

The Asian economies have come out stronger than the western countries in the face revival period witnessed over last one year after witnessing a huge impact of global recession. The global recession has ensured an actual shift in…

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…

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,

Finance minister Pranab Mukherjee has proposed new tax slabs for the so called ‘aam aadmi’  in the Union Budget 2010. The tax slabs have been revised upwards for various income groups and thus providing windfall gains to middle and…

Finance Minister Pranab Mukherjee presented his career’s fourth budget and second straight budget for the UPA government this afternoon in the Parliament with a clear signal that India has notched a respectable growth coming out of…

Last year we had a bumper Economy Survey, which really raised the hopes of one and all including the stock Market – though the actual budget did not live up to the hype and expectations. Contrary to that, this year’s economy…

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…

May be it’s only me, but looks like Bharti Airtel is hell bent on chasing Fool’s Gold. Bharti has been chasing inorganic growth at a maddening pace primarily to expand globally. One of the top most telecom operators in India,…

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…

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…

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…

That’s what the report recently released by PriceWaterhouseCoopers (PWC) has to say – This is significant finding given that Goldman Sach’s in its earlier “BRIC report” had projected India to surpass Japan only by 2032. The PWC…

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…

The Indian IT sector , the darling of trade pundits is seeing some kind of resurgence since the start of the year.After a tumultuous last year which saw the Indian Stock Market losing nearly 50-60% of its value, IT stocks fared ever so…

Have you wondered who are the best paying companies in India. I was always under the impression that the top paymaster in India would be one of the IT companies, but that's not so – It is one of the telecom companies. And if you look…

The Indian airline industry has been living on the edge for sometime now. With skyrocketing fuel prices , the operating margins of all major airlines are being shot. Moreover, with the Indian skies opening up to a lot of players , it has…

Let’s face it. How good are you at managing your finances? I speak for myself and I know I am very bad at it. With finances I am not talking about investments and the savings , that I somehow do a decent job maintaining. What I am…

Forbes has recently released the list of Billionaires in the world. The total List consists of 793 Billionaires living on this Earth – The economic downturn however has taken a heavy toll – Last year there were total of 1125…