Finance
Unisys to axe 1,300 jobs; suspends salary hikes
Dec 23rd
IT services and solutions provider Unisys Corporation has said it will slash as many as 1,300 jobs across the world and plans to forgo any salary hike next year in most of the countries where the company operates.
“The headcount reductions have begun and will continue into 2009… the company also plans to forgo 2009 salary More >
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Loading ...World Bank to aid India banks in new lending plan
Dec 15th
A $14 billion World Bank lending plan for India, the biggest ever by the global lender to Asia’s third-largest economy, will help recapitalize state-run banks facing liquidity strains and target the country’s poorest regions, a senior Bank official said.
In an interview with Reuters, Rachid Benmessaoud, the Bank’s acting country director to India, said some $3 More >
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(No Ratings Yet) Loading ...Citigroup to slash 52,000 jobs, sees hard 2009
Nov 18th
NEW YORK (Reuters) – Citigroup Inc revealed plans to cut 52,000 jobs by early next year in a dramatic move to restore the No. 2 U.S. bank to health as it combats mounting debt losses and sagging economies worldwide.
The cuts announced by Chief Executive Vikram Pandit on Monday affect 15 percent of Citigroup’s workforce, and More >
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(No Ratings Yet) Loading ...Is India poor, who says? Ask Swiss banks
Sep 12th
Hi Friends, I got this mail with shocking revelation from my journo friend from Delhi. Read it find out how we are being swindled.
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WITH personal account deposit bank of $1500 billion in foreign reserve which have been misappropriated, an amount 13 times larger than the country’s foreign debt, one needs to rethink More >
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(No Ratings Yet) Loading ...Lazy Money in Savings Account?
Sep 9th
Today saving account gives an interest of 3.5%. Inflation is more than 10%. Money in the savings bank is actually loosing its value everyday. Ideally three times of your monthly income should be kept in liquid form. This is we call emergency money. Best liquid form of money is keeping in saving account. We cannot More >
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(No Ratings Yet) Loading ...Money
Aug 31st
While visiting Canada from the U.S., when I handle Canadian money it seems quite strange as if it were money from the game, Monopoly. That thought inspired today’s poem.
Monopoly Money
Money
by Harry Kottler
When you’re in another country
The money there seems just for play.
Like money used in the game, Monopoly,
You’re not More >
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(No Ratings Yet) Loading ...How to Multiply Your money.
Aug 19th
Hello every one,
I want to share my personal experience in multiplying money.
Before I let you know the formula for money making, I will let you assume a practical example that how the money gets multiply.
If you deposit 5000 bucks every year, for 20 years @ 10% p.a. How much you will get in returns after More >
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(No Ratings Yet) Loading ...Sensex closes 300 points up
Aug 1st
Indian equity markets made up their losses on Friday afternoon to close well in the green.The 30-share BSE benchmark index, the Sensex, which opened at 14,064.26 points, touched a high of 14,682.33 before closing at 14,656.69. It went up by 300.94 points or 2.10 per cent compared to its closing figure on Thursday.
The S&P CNX More >
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(No Ratings Yet) Loading ...Aam Admi and inflation
Jul 6th
I paid more for the same distance.
Few days back I went to Hyderabad, my home-town. As I had luggage with me, I took an autorickshaw from Secunderabad Railway Station to my home in Dilsukhnagar. I paid Rs 100/- to the autowala. Earlier, I used to pay Rs 60/- for the same distance.
We spent more and More >
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(No Ratings Yet) Loading ...6 Major Financial Steps of Your Life
Jun 22nd
Handling the Major Financial Milestones in Your Twenties
Whether you are getting married, buying your first home or starting a new job, you will be worried about how this will affect your financial picture. As you approach each of these major life events, it is important to consider the financial side of each situation. You can More >
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