As per the 16th Index of Economic Freedom that was jointly published by The Heritage Foundation and The Wall Street Journal has reported that there is more economic freedom in Pakistan than India. The score for India’s economic freedom is 53.8, thereby making Indian economy the 124th most liberal economy in the world. On the… Read More »
Today you can buy a holiday home in a scenic setting and earn rentals and high returns. This is because most of the holiday homes are situated in areas that have high aspirational value and thus appropriate resale value and owning such a home in hills or on the beach is considered as the matter… Read More »
The initial small car manufacturers of the country who introduced the first low cost car Maruti 800 are in action again in order to vie with Tata Nano. They plan to achieve it by launching Maruti Cervo.The aim of Cervo is to enable the car makers to recover their lost ground in the small car… Read More »
Want an ideal hatchback that contains everything from excellent performance and good looks and great value for money? Then wait till March as Nissan’s new hatchback Micra is set to arrive in India. The best thing is its competitive pricing of Rs 400,000 to 500,000 is sure to make many fall in love with it.
Leading housing finance major, HDFC, has decided to make interest rate on recurring deposits variable. This move is meant to attract long-term deposits and averting premature withdrawal when interest rates go up. For this, HDFC has introduced a systemic savings plan (SSP) scheme, under which it will examine and alter interest rates on deposits every… Read More »
If a tenant gets the rented apartment upgraded by spending from his pocket, without intimating the landlord, he is not eligible to adjust the amount against the rent. This is the verdict given by Delhi high court.
With the turn of fortunes of IT companies, the real estate sector has also started flourishing. This has been made possible by hiring mode adopted by leading IT companies. This has affected the commercial real estate segment.
Securities and Exchange Board of India (Sebi) chairman C B Bhave has come out strongly against market intermediaries that introduce inventive products, saying they were just methods of hiding high leverage.
One of the most dependable indices, that records the status of the manufacturing sector, The HSBC Markit Purchasing Managers Index (PMI) reached its peak in a year and a half to 57.6 in January 2010. In December 2009, the index was at 55.6.
Despite the government advisory, IDBI Bank has switched over to a variable pay structure for its officers. They are now eligible for a fixed portion of 70% in their salary. With this, it has become the first public sector bank to opt for this structure as other banks have given up on this plan due… Read More »