As you plan for retirement, your portfolio should consist of a range of instruments (equities, mutual funds, bonds, debentures, property, gold) depending upon your objectives and risk profile. Remember that the older you are when you start to save towards retirement, the harder it becomes. Also, with falling interest rates and increasing volatility in the… Read More »
If one if not a person who can extensively devote hours to stocks, he should try to stick to the blue chips. These are companies that have been in existence for a long time, have posted positive numbers every time, mutual funds hold investments in them and are market leaders. These stocks may seem to… Read More »
Bad loans of Indian banks can go up to 3.25-3.75% of total advances as compared to 2.17% as of March 2009. This was reported by credit rating agency, ICRA. The analysis used the functioning of 43 commercial banks, both public sector as well as major private sector banks, comprising 90% of the market.
BMW 325i petrol did not have the same impact as the BMW 320D in the Indian luxury car market. Taking note of this fact, BMW India has ultimately decided to stop the BMW 325i and introduce BMW 330i as a new model in the BMW 3 series. The BMW 330i has 6 cylinder petrol engine… Read More »
With so many ambitious plans the funds for the expansion proposed at Rs.4,411 crores looks very less. Hope Ms.Banerjee has got her numbers tallied up for different projects. Also the increase in the expenditure for the next year at a mere 4.4% makes one question the numbers again. Probably the efforts to reduce the expenses… Read More »
For the uninitiated and probably for the unmarried and divorcees too, a prenuptial agreement or more commonly called prenup or prenupt is a contract or agreement entered between two people about to wed! This contract clearly lays down the procedure of how assets and personal liabilities will be shared or distributed or spousal support in… Read More »
Ever heard of your dad or grand dad take a loan for a vacation or for that matter for a festive and high spending involved occasion like a wedding? Do you recall them buying clothes because retail therapy helped their blues every other month? They always preferred quality over quantity on anything purchased be it… Read More »
Surveys say that India is going to give the biggest salary hike in 2010. Salary increase for 2010 in India is projected to be 10.6 percent, the highest in Asia Pacific and up 60 percent from the actual increase of 6.6 percent in 2009. Indian owned companies are expected to outperform MNCs with a projected… Read More »
State Bank chairman OP Bhatt said that lending rates are unlikely to increase at least in the next 3-4 months since any rate increase in a low-demand situation can harm banks’ margins.
The competition in this arena is expected to further strengthen the infrastructure capabilities of CIBIL, which currently has the first mover advantage and a huge database to its credit, not to mention a huge list of banks and financial institutions as its members. On the other hand the new entrants come with the rich experience… Read More »