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November 9, 2009

The Indian Gold Deal

Filed under: News and Views — Tags: central banks, earnings, Economy, exchange reserve, foreign exchange reserves, gold holdings, gold prices, gold reserves, imf international monetary fund, india, indian gold, international monetary fund, love, marriage, rbi, reserve management, sky rocket, tonnes, trillion — admin @ 6:43 am

gold

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.

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August 19, 2009

Income Excluded From Tax

Filed under: Economy — Tags: agricultural income, agriculture, clarification, government employers, gratuity, high time, income comes from, india, lakh, money, partnership deed, retirement scheme, salary, state government, taxable income, time period, travel records, voluntary retirement, workman — admin @ 5:16 pm

hd save tax Income Excluded From Tax

There are some types of Income that the tax department has given as not to pay taxes, if the income comes from these sources, we can have a small walk through these, as normally people loves saving tax and its high time that we know about the income excluded from tax.

Agriculture activity income is not treated as an income this can be more explained with the help of an example if your father gives you money from his agricultural income as a gift then you do not have to treat it as taxable income, but father should be a person who files his return.

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July 5, 2009

Budget 2009-10 On July 06

Filed under: Economy — Tags: agriculture infrastructure, decades, defence budget, economic situation, Economy, fiscal deficit, gdp, governments, india, investors, stimulus, target, telecom sectors, terror, upa — admin @ 7:00 am

The new UPA government is bringing its first budget of the Govt tomorrow. Needless to say that the economic situation is tough in here. Many experts believe that the budget is mainly focused on structural reform that will boost growth. The main focus is expected to boost the agriculture, infrastructure and telecom sectors. India’s fiscal deficit has grown sharply with the stimulus packages that were announced pre election to boost the economy. The defence budget has also seen increased spending on the wake of the terror attacks.

The fiscal deficit is estimated to be grown to 6.2% of GDP for the year ended March 2009 which made it double the governments target of 2.5% which makes it the highest in two decades. The Govt is clear on the stands that India will achieve 7% growth and it is also aware of the dangers that rise in the fiscal deficit would cause. Anyway its just one way head for the day the whole of India and the investors over the world are watching to see the Budget 2009-10.

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June 20, 2009

Is Deflation a problem?

Filed under: News and Views — Tags: 33 years, coal, commodities, common man, consumer price index, copper steel, effects of deflation, effects of inflation, india, inflation figures, inflation rate, Is Deflation a problem, phenomena, principle, truth, what is deflation, what is inflation, whole sale — admin @ 6:43 am

Is Deflation a problem?

Inflation was a problem which we have been hearing normally over the years, and we are too new to Deflation. Is deflation a problem? You might have heard that India’s inflation figures has dropped to a negative 1.61%. We all are aware what Inflation means so normally deflation would just make the opposite of Inflation.

India witnessed the last deflation 33 years ago,(any ways I was not here to witness that) As for a normal person when we hear that its deflation it would mean that the prices have come down, but if we go to the market to find out the truth we can see that its still the same and has not made an difference, then what does this deflation figures actually mean. Don’t be confused over that in India the inflation rate is calculated on an year on year (YOY) basis on the whole sale price index.
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June 5, 2009

India has the worst bureaucracy in Asia

Filed under: News and Views — Tags: asia, bureaucracy, bureaucrats, business survey, efficiency, expatriates, hong kong, india, indonesia, japan, north asian countries, peers, philippines, poll, singapore civil servants, south korea, taiwan, thailand, third time, vietnam — admin @ 2:48 pm

bureaucracy 294x300 India has the worst bureaucracy in Asia

A business survey that was carried out with the 12 economies released showed that Singapore civil servants are the most efficient among the Asian peers, they tend to rectify it when things go wrong. India’s bureaucracy which was ranked as the least efficient by the survey claimed that India’s civil servants was slow with any process. The civil servants are the power centre of their own in the state and national levels, and are extremely resistant to reforms in carrying out their duties, the report added.

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May 30, 2009

Reliance Capital IPO

Filed under: Economy — Tags: allianz, bajaj allianz, four months, india, initial public offer, insurance, insurance arm, insurance company, investor, ipo, life insurance business, market share, private insurance companies, reliance capital, Reliance Capital IPO, subsidiary, third position, time frame — admin @ 9:18 am

Reliance Capital is planning to make the first ever IPO (initial public offer) by an insurance company in India. Reliance Capital IPO is planning to take its subsidiary Reliance Life Insurance public. The company plans to divest 26% in its insurance arm through an IPO. Relaince capital Ipo is looking to divest 10-26%. This would be done through a strategic investor or by the selling of its shares to the public. The funds will be injected to Reliance capital and its life insurance business. The process is expected to complete in the next three to four months time frame.

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May 28, 2009

India Plays 3rd position to jump over the economic crisis

Filed under: News and Views — Tags: business australia, business confidence, business persons, canada, china, confidence survey, current economic situation, emerging economies, emerging markets, global economic crisis, india, international business, singapore hong kong, third position — admin @ 3:14 pm

india 294x300 India Plays 3rd position to jump over the economic crisis

India has been ranked as the third best country that would win over the global economic crisis. A survey that was conducted worldwide among business persons. According to the Servcorp International Business Confidence Survey the result was India in its third position. The survey which was conducted in April 2009 for a period of two weeks. It had its main focus on the current economic situation, the business morale and the impact the economic crisis has on the world of business.

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May 27, 2009

Top Dividend Paying Companies

Filed under: Stocks — Tags: boos, business models, business profit, clariant chemicals, cr, dividend paying companies, dividend payout, dividends, earnings, eid, fears, fertilizers, important point, india, investments, investor, investors, profits, sulzer, term portfolio — admin @ 8:54 am

314 nota watering tree 300x253 Top Dividend Paying Companies

The companies have increased the dividend payout to its investors erasing fears that they would tighten with the dividends. There are a good number of companies who have increased their dividend. Of the total data available for 377 companies nearly 131 have made increase with their dividend for the year March 2009. The list is said to include the companies that have closed their books on Dec 2008 and Sep 2008 or June 2008. This move would put some relief to the investors who have been burned by the fall of the Sensex last year.

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May 21, 2009

FII’s Latest Cash Inflows

Filed under: Economy — Tags: billion dollars, cash inflows, cr, dollar mark, domestic markets, emerging markets, foreign institutional investors, india, indian stock market, inflow, investment worth, sebi, trading sessions — admin @ 2:03 pm

mkt fii FIIs Latest Cash Inflows

The Indian Stock Market has witnessed a flow of three-billion dollar mark of Foreign Institutional Investors(FII’s) inflow which makes it over Rs.15725 Cr, out of which two billion came in just five trading sessions. The latest data available with the SEBI shows that FII’s purchase was worth 3.2 billion dollars in 2009 which would make its Rs.15725 cr. On Tuesday alone they had made investment worth of Rs.5044.8 cr(1.06 billion dollars) in the domestic markets.

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May 13, 2009

What is Micro Finance

Filed under: Economy — Tags: administrative difficulties, axa equity, benefit, benefit pension, bet, bharati axa, credit institutions, debt fund, earnings, field application, finance investment, history of micro finance, income groups, india, investment plan, investments, investor, investors, micro credit, micro finance, micro finance advatages, minimum investment, money, other developed countries, periods, retirement benefit, sahara group, sbimf, sebi, sip, Stocks, target, targets, untapped market, utimf, what is Micro finance — admin @ 5:42 pm

In India Micro finance seems to be the buzz in the streets of the Mutual fund industry. The industry is not grown like what is found to be in the other developed countries. Keeping in mind with the vast untapped market of India Mutual fund companies are getting with new plans which would range from Rs.10 to 300 per day. The target of the micro finance is for the rural and semi urban area households with low income. To tap the market major fund houses like UTIMF and SBIMF have been associated with many NGO’s and other micro credit institutions locally. The first one to get into the micro financing market was Bharati AXA with their Bharati AXA Equity Fund by the last of September which was with a minimum investment of Rs.300.

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