November 25, 2009
November 23, 2009
What is IIP ?
The Index of Industrial Production (IIP) compares the growth in the general level of industrial activity in the economy with reference to a comparable base year. In order to capture the structural changes in the industrial sector, the base year of the all-India IIP which was commenced in India in 1937 was revised in 1946, 1951, 1956, 1960, 1970, 1980-81 and 1993-94. The IIP numbers are released every month in India. The year 1993-94 is considered as the base year for comparison.
November 19, 2009
When to book profits or Profit Booking
Over the past ten years investors had to contend with large losses and large gains due to the down and hike in the sensex. To overcome the loss of investors, the need for a financial strategy which enhances returns is very important. Profit booking is such a strategy which enhances returns.
Profit booking is the term that we use mostly in stock trade. Booking profit is nothing but encashing the stock when it reaches its target price or ‘gain in a share by selling it this is called profit booking, making profit by selling a share which has gone above its purchase price. It can be done by individuals or by big operators or by brokers.
November 17, 2009
November 16, 2009
Education Loans in India
As the educational expenses are going higher, education loans have become a most well known method of funding higher education. Education loan is becoming popular because of the rise in the fee structure. This is due to the spreading of self financing institutions in the field of engineering, medical and management sides. These institutions have a very high fee structure, as they have less funding from the government. So funding higher education in India now becomes a tough task. With a certain limit this issue can be overcome by the help of education loans from various banks.
Both public sector and private sector banks offer education loans. It came in to existence in 1995 by SBI bank and after that many banks started offering education loan. As this loan scheme is not a main loan stream, people have no thorough idea about the terms and conditions.
For no doubt that education cost a great deal today. In today’s job trend, higher degrees offer better job opportunities. Education loans can help students to pay for their educational needs, so as to get jobs that are well paying and offer a bright future.
Full time Graduate and post graduate courses, professional courses include Engineering, Medical, Architecture, Management, Law, Agriculture, Veterinary, Dental, Computer etc are some of the courses that are applicable for getting education loan. Bank typically has their own list of courses, which are eligible for loans. They sanction loan for only that allotted courses. If you are looking for education loan first visit the bank to check whether the course you are going for is covered under the bank and also check the interest rates and general eligibility criteria.
November 15, 2009
Home Loan Eligibility Factors
All lenders have different criterion for the measurement of eligibility of a person who applied for loan.
The loan amount sanctioned depends on your income and repayment track records. Thus every lender first computes the loan eligibility. The main reason for this measurement is to ensure that the borrower have comfortable repayment option.
The repayment capacity of the loan applicant measures, the loan amount sanctioned for. Since being home is an integral part of an individual, home loan comes to an important scheme in the Housing finance companies and banking sector.
November 11, 2009
What is Delisting Of Shares
Exits are never easy, whether it’s an exit from a house where you have lived your lifetime or exiting an investment. Many of us would have faced such a state of mind when we know that the company where we had held shares for the last fifteen years would be soon delisted from the stock exchange. So what is Delisting? Delisting of a company means, a procedure in which a company’s shares are removed from the stock exchange. Delisting of shares has become a critical issue in the financial sector that causes uneasiness for the investors.
In such types of situations we would be totally confused, whether to hold shares and wait for the company to relist or encash them by selling the shares to the promoters. Over the past three years, a minimum of 50 companies have delisted from the stock exchange, due to this reason the retail investors get struck with their investments. Normally one of the main reasons for delisting is violation from the financial specifications set out by the stock exchange.
November 9, 2009
The Indian Gold Deal
The Yellow metal is just going up like a sky rocket as if nothing is there to stop the current prices with the gold prices. You might have heard that India had bought a 200 tonnes of gold from the IMF (International Monetary Fund) for $6.7 billion. But would be the idea behind such a move? any ideas for that? With this move India’s gold earnings will be the tenth largest among the world central banks. This deal has triggered many analyst with their own versions of the deal, since RBI is silent with the deal stating it as foreign exchange reserve management.
Powered by FireStats