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 [...]
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 [...]
Budget 2009-10 On July 06
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 [...]
Is Deflation a problem?
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 [...]
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 [...]
Reliance Capital IPO
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 [...]
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 [...]
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 [...]
FII’s 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 [...]
What is Micro Finance
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 [...]
