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Monday, February 20, 2012
The Information Technology sector in India has been in the doldrums over the past few quarters and this is understandable since the sector derives a substantial part of its income from foreign countries. Western economies have been hit by one fiscal crisis after another and this in turn had hurt the sector. But experts and industry bodies now opine that things may be turning and the sector could see good times, going forward....
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Monday, February 20, 2012
The Sensex has advanced for the seventh straight week, its longest weekly winning streak in almost two years, giving rise to the belief that the market is now in a ‘bullish phase’....
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Monday, February 20, 2012
The United States economy is on the road to recovery with stronger job growth expected this year, but income inequality and Europe's debt crisis could still pose challenges, according to a White House report....
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Monday, February 20, 2012
Telecom infrastructure company GTL has sought shareholders' approval for issue of securities worth over Rs 554 crore to its promoters as well as lenders as part of corporate debt restructuring efforts. The issue of these securities would see the promoters pumping in around Rs 233 crore into the debt-laden GTL....
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Monday, February 20, 2012
The Plenary Meeting of Financial Action Task Force (FATF) being held in Paris approved the revised recommendations for combating money laundering and financing of terrorism. ...
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Monday, February 20, 2012
The Competition Commission of India (CCI) is scrutinising several cases against developers for allegedly abusing their dominant position based on the information received by customers, investors and NGOs, a senior official has said....
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Monday, February 20, 2012
Now there are more than several reasons why you should look at investing in the mutual funds. After sailing through the tough waters, the returns on the MF investments have improved substantially, as almost all fund categories are posting more than 10% absolute returns over the period of one year. ...
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Monday, February 20, 2012
The Indian Rupee traded strong, taking cues from Dollar inflows into local debt market and positive Indian equity markets. Equity markets continue to trade bullishly and are up by 18% this year on FIIs buying of nearly $ 4.4 billion....
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Monday, February 20, 2012
In today’s environment, there is a need to have aggressive selling and to have a sales force which is agile, tough and is willing to take up challenges even if they have to face tension. On the other hand, it is better not to have a sales force which is lazy, non-productive and mentally retired and which comes to work only to collect its salary as pension. ...
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Monday, February 20, 2012
The Thais’ have a well-planned target of where they feel tourists are coming from and where they will come from. The country has a classification they term as RICHI an acronym for Russia, China, India, and Indonesia. All of these countries are within easy flying distance from the South East Asian country. Economy and affordability are some of the attractive features for Thailand for visitors, reveals Manik K.Malakar on this exclusive focus on the country....
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Monday, February 20, 2012
The Union Budget of 2012-13 will be conducted at a time when the economy is in the midst of an economic downturn and upside risks of further contagion from the slowdown in the developed economies remain high. ...
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Monday, February 20, 2012
Intraday Support and Resistance Levels Based on the "Pivotal Point" theory of Techincal Analysis PP Points indicate the level where the trend is likely to change during intra-day....
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Monday, February 20, 2012
The Nifty rose moderately on Friday (February 17, 2012) a net 42.35 points (0.77%) and closed at the 5564 point level. The market opened up with a gap at the 5574 points level on positive global cues. It then rose further and registered the day’s high at the 5606 points level at 10.27 a.m. ...
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Monday, February 20, 2012
CESC’s Q3FY12 PAT of Rs 740mn was significantly below our estimate. This was due to under-recoveries of fixed cost as the company is yet to receive the tariff order for FY12. ...
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Monday, February 20, 2012
I am working as a salaried person. However, to effectively utilize my time I have started some consultancy in the spare time. Due to the initial set up, I have incurred a loss from my consultancy activities. Since I have taxable salary can I set off my consultancy losses against my salary income?...
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Monday, February 20, 2012
I am looking for a good comprehensive term insurance policy. Kindly suggest....
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Monday, February 20, 2012
Bharti AXA iProtect Plan is a pure Term Plan which can be purchased online. This is a pure protection plan for Sum Assured of Rs. 25 lakhs and more. This plan is a Traditional Plan without profit. ...
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Monday, February 13, 2012
The rupee which witnessed a step fall through end 2011, recovered sharply from Rs. 54.5 to Rs. 49.5 in 2012 thanks to the increased FII and capital inflows. Today it is at the cross road and all eyes are on it, more so because it tends to impact every sector of the economy, directly or indirectly. The question now is: where is it headed? How will the rupee versus dollar play affect the economy through 2012? Manik K. Malakar does a ground check and forecast how the currency could behave over the year…...
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Monday, February 13, 2012
The fragile state of the economy was reaffirmed last week, as data released showed that India's industrial output growth plunged to 1.8% in December 2011 as compared to a healthy 5.9% in November 2011. ...
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Monday, February 13, 2012
This week Indian Rupee traded bearishly, mainly taking cues from the dollar demand from the oil and defense payment. Also there are some corporate dollar buying is going on....
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