All-time low for the rupee signals the advent of tougher times for the average person; durables, cars to cost more .The average Indian should brace up for even tougher times, as the staggering decline in the value of the Rupee is all set to take their regular and discretionary expenditures to new highs! The average… Read More »
Rupee touched 59 to a dollar yesterday and it sent panic waves in investors’ community, bankers, and Government. Investors’ community is worried because it will cut down the returns of foreign institutional investors (FII) which will directly impact overall stock market negatively. Bankers are worried because this may delay RBI’s rate cuts further halting the… Read More »
What is a utility bill? The bills such as electricity bill, telephone bills, mobile phone bills, etc. are referred to as utility bills. Usually these bills have to be paid in their respective offices on or before the due date. Standing for hours in a queue to pay an electricity bill or telephone bill is… Read More »
Lack of Clarification on the Increased Service Tax, Adversely Affecting the Budget of the Consumer The increase in the service tax proposed in the Union Budget, has taken a rather ambiguous path, leaving the restaurant industry in a fix The Union Budget was a mixed bag, consisting of some very wise moves and a… Read More »
The Central Government Considering Special Packages for Backward States, Aimed at the benefit of the Masses As the summer 2014 polls near, the UPA government is aggressively pushing for reforms and taking steps, which could contribute to its popularity. One move that could make a difference is being contemplated at the moment. The center… Read More »
No More Second String Services to the Masses of India- Apple to Scale Up Operations in India, with a Higher Number of Exclusive Stores The Indian consumer has always felt a little underprivileged, when it comes to services rendered by the global technology giant, Apple. Apple Inc. is known to set performance and aesthetic benchmarks… Read More »
Amidst the challenging global environment, the onus is on the government and its policy makers, to keep India in a position that lures investors, both local and foreign. The supreme monetary authority of India, the Reserve Bank of India (RBI), has indulged in rate slashing which has begun with a reduction of 25bps in the… Read More »
The Indian aviation space has been in troubled waters, for quite some time now, and the situation doesn’t seem to be getting any better. The primary issue has been with the policies that govern operations in the sector, which have traditionally been shortsighted. A long term solution to sort out the recurring problems of the… Read More »