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Paypal Stops Electronic Funds Transfer to India – You can only do it via Cheque now !
Paypal woes continue for Indian users. Early this year in February, Paypal had completely stopped withdrawals to India, be it for Individuals or Business citing RBI regulations. However, few days later they had resolved local bank…
Home and Auto Loans to get Dearer – RBI Hikes Interest Rates to Tame Inflation!
Winding the coil and unwind it! – thats what RBI seems to have done better than most other Central banks world over since the start of the global recession. In fact, RBI has gone one step further and announced that it will come out with…
New Rupee Symbol : Get to know more…
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…
Weekly Wrap-up: Indian Rupee Symbol, Android App inventor, Social Media Policy, Stock Market, Epic…
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…
New Rupee Symbol announced among Controversy!
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…
Shocking story on how 5 Indian Rupee Symbols were shortlisted!
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…
Vodafone launches Innovative Rs. 4/- Tariff plans with Daily Validity – Is Telecom Industry…
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…
Buzzing News of the Week – World Cup, Octopus, Indians vs Americans, Tax Collections, Brand…
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…
Can BRIC Economies forge a New Global Reserve Currency?
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…
Lifestyle Inflation – Is it Borrowed from the West?
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…
New Rupee Currency Symbol !
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…
Fake Rent Receipts may land you in soup!
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…
How is Online Shopping Evolving in India?
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…
Senior Executive’s Fat Cheques – Not so Unjustified After all !
Let me drive you a little more than a couple of year back, at a time when the world economy was going on gung-ho and any news related to astronomical top-management salaries were met with exclamatory remarks such as ‘Oh!’ or ‘Wow!’ Don’t…
You a Cheque Scribbler? Beware, an Alteration on the Cheque Leaf can Cost you dearly!
By the end of the year, you may well average out with a request for an extra cheque book altogether, from your bank. Getting any clue from the above statement? Read on… If you’re one of those hasty scribblers on an all-important…
Have Mutual Funds? Read this…
A couple of weeks back, SEBI had proposed a wide range of changes in the rules governing the operation of mutual funds. One of such proposals is related to the dividend pay-out from mutual funds to the unit holders. Sebi has imposed a…
Fighting corruption ingeniously – Zero Rupee Note
Corruption is a huge problem is India – Trust me, even if we are able to bring down the corruption even by 50%, it will skyrocket India’s GDP. More than 90% of all government transactions are fraught with corruption either directly or…
Rupee Dollar Fight – Rupee back in limelight !
Rupee has again started scaling heights that we saw in 2007 & early 2008. I have been following Rupee Dollar exchange rates closely for a while now, and from what I can see 2010 mat well see rupee breaching the Rs. 40 mark once…
Bank Fixed Deposit rates at lowest – Will it rise?
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…
India’s GDP to touch 205 Trillion Rupees by 2020: Edelweiss Report
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…