economy

Amidst all the recession and the economic downturn hulla boo in recent times , one major positive has been the resurgence of India as a nation to reckon with. Not that India was not walking shoulder to shoulder (at least in some areas) with…

It is said that Bad News spreads like wild fire. Throw Stock Markets in the mix and the fire turns into forest fire burning down tons of cash. The Indian Stock Markets have been doing rather well hovering around 16k levels for some time now…

BCCI (Board of control for cricket in India) is undoubtedly the richest Cricket Control board in the world. The earnings have multiplied many times, thanks to the money spinning brain child of Mr.Lalit Modi – Indian Premier League (IPL) .…

Most of you must be aware that China’s per capita income (average income of an individual per year) is more than double of India – India’s is close to $3000 whereas, China’s is close to $6000 (after accounting for purchasing power…

  Yes, You. For the matter it includes me too but the title seems catchy that way ! Jokes apart, what is it that out of so many people invested in the Stock Markets only a few make a real fortune out of it? As a matter of fact,…

Is there a safe way to invest in Market? – There is none – Some are safer and some are riskier, depends on your appetite for Risk. This Finance Friday post is directed at people who are just getting into Stock markets and want to…

Mobile Banking is one of the most popular services used by Indians – More than 43.7 million mobile users used Mobile banking services in one form or the other. Here are the breakup of various Mobile Banking services used for the…

Indians are big on savings - they probably save more than any other country in the world. This has put Indians (42% of them) amongst the ones who are very well prepared for their retirement. These are the findings of recently released…

Admist all the speculations doing rounds on the India Growth Story, the recent upgrade of Indian Growth forecast by the Asian Development Bank clearly shows that India is going to come out stronger from the ongoing economic crisis. The…

I am sure many of you have have made payments on your mobile earlier – but in all cases it requires a GPRS or Internet enabled phones. I just came across a new service launched by Galileo and Paymate in India – Msmart - that allows…

Ever wished you could invest into the Dragon Economy? The Stock Exchange of the world's most populous country has been made available to the Indian Investor courtesy the Benchmark Mutual Fund (BMF). BMF is an exchange traded fund on the…

Stock Market is undoubtedly the best investment vehicle around. The high return albeit a little risky route for making your hard earned money for you. But, the way they behave is erratic so to say the least. You will find so many people bad…

How competitive do you think India is when compared to other countries? If you are thinking India is better placed than most of the other countries, you are wrong. India is ranked a lowly 49th in the world when it comes to competitiveness…

Is there any good that tragedy brings with it? Yes, it does! Opportunity in the form of innovations. The retail sector is sure going through a paradigm shift of sorts with the marketers coming up with crazy but innovative ideas to…

The Indian GDP numbers for June quarter showed that Indian Economy is bouncing back from the recession. The GDP registered a growth of 6.1% as compared to 5.8 in previous quarter. India still remains the 2nd fastest growing major economy…

Did you know that Mumbai has the lowest Cost of Living at the same time lowest wages when compared to the other 73 global Metro cities in the world? Yes, thats what the 14th UBS Price and Earnings survey concedes. In fact, Both Delhi and…

India Inc is building up on the credit tracking mechanism. There are 4 credit rating agencies (CRISIL, ICRA, CARE & Fitch ratings) which work with banks and credit card companies to develop your credit history.  This in turn is…

Congress Party seems to have played a masterstroke here. After not so impressive budget, they have announced something that will make the common man scream with Joy. In fact the Government has unveiled the draft of a brand new direct tax…

There are $6.5 trilion in currency reserves all over the world and most of them are in dollars. That is putting all your eggs in one basket. Given the global gloom and its origins, the world, especially China and Russia is looking for a new…

Following is an excellent overview and Analysis of Indian Rail Budget announced by Mamata Banerjee in parliament yesterday. The new Railway budget 2009 has addressed some of the most important amenities that are needed for your rail…