Money

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,

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…

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…

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…

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…

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) .…

  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,…

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…

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…

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…

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…

That headline must have surprised you, especially because it is a known factor that India Inc. is shelling out much fatter pay packages than it did 10 years back. Infact, even a salary 20k p.m for a middle class is considered to be below…