Investing
WiFi tops best technological innovation poll
Dec 23rd
Surfing the net has become a lot more easier since wireless internet has come into being, and now Wi-Fi has rightly topped the poll for the greatest technological advance of the last decade, according to a survey.
With 35.5 percent votes, Wi-Fi has beaten Sky+, Sat Navs, iPods and Blackberries to win the poll conducted by a leading gadget magazine.
In the survey by ‘Stuff’ magazine, the readers were asked to choose the greatest technological innovation of the past ten years. (more…)
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 billion of the loan will focus on areas most affected by the global financial crisis, including state-owned and housing banks, small- and medium-sized enterprises and infrastructure.
“The capital market is drying up in India and we have seen that a number of commercial state banks are More >
GLOBAL MARKETS – Asia shares advance, but economy fears weigh
Oct 17th
HONG KONG, Oct 17 (Reuters) – Asian shares rose on Friday after encouraging earnings signals from technology firms such as IBM and a slowly improving tone in beleaguered short-term money markets helped ease concerns about a global recession.
Asian stocks posted their first weekly gain in seven, with advances in the last trading day underpinned by a rally on Wall Street on Thursday that sent the Dow Jones industrial average up more than 4 percent.
European shares were set to surge, with major indexes such as Britain’s FTSE 100 seen up by more than 4-5 percent.
Oil prices rose nearly $3 a barrel, More >
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 keep it in stocks, equity fund etc for high risk. We also cannot keep this money in bond of fixed deposit due to problem of liquidity. Are there any better way to keep the money in liquid form?
Currently there are some mutual funds which invests More >
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 20 years can you guess…….? That means you deposit 5000 bucks every year @10% p.a. for the period of 20 years. At the end of 20th year you will have 315,012 Bucks!!! It’s 3 times your investment!!
So now I will share with you the success More >
India gold sales heavy after fall below 12,000
Aug 8th
MUMBAI (Reuters) – Indian gold prices fell below a psychological mark on Friday, tracking foreign markets, leading to heavy sales and a shortage in supply, dealers said.
“There is very good demand from all those who had waited,” said Harshad Ajmera, proprietor of JJ Gold House, a large wholesaler in Kolkata. “Investors and jewellers, all are buying in bulk.”
Gold fell below 12,000 rupees per 10 grams for the first time in eight weeks as foreign markets slid on a stronger dollar against the euro after the European Central Bank’s caution on the growth outlook.
Gold generally has an inverse relation with the More >
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 Nifty index of the National Stock Exchange, which opened at 4,331.60 points, closed at 4,413.55 points. It went up by 80.60 points or 1.86 per cent from its previous close.
http://www.hindustantimes.com/StoryPage/StoryPage.aspx?sectionName=&id=73bcc4ee-caac-4590-87b0-da2482a6405a&MatchID1=4736&TeamID1=8&TeamID2=6&MatchType1=1&SeriesID1=1194&MatchID2=4727&TeamID3=2&TeamID4=3&MatchType2=1&SeriesID2=1191&PrimaryID=4736&Headline=Sensex+closes+300+points+up&strParent=strParentID
India ranked second best place for business investment by US executives
Aug 1st
New York, Aug.1 (ANI): India has been ranked as the second best country outside the United States for business investment, according to a “Winning Strategies in Economic Development Marketing” survey.
Top US corporate executives have ranked China as the best country outside the United States for business investment. The survey has been released here this week.
More than half of the 281 corporate executives who responded to the survey named China as the most favourable country. Over 45 percent of American executives voted in favour of India, which was followed by Mexico, the United Kingdom and Canada.
The “Winning Strategies in Economic Development Marketing” More >