Others News

Used wisely, money begets more money

19 August 2008 at 01:42

Personal financial planning gives a clear picture of where you are today and where you want to be. Personal financial planning, in India, is relatively a newer concept.

Posted in Others | 3693 Views

CRR hikes should have a sobering effect on demand

30 July 2008 at 11:51

Reserve Bank of India governor Yaga Venugopal Reddy released the quarterly monetary policy review, as part of which, he hiked cash reserve ratio by 25 basis points and repo rate by 50 basis points.

Posted in Others | 4164 Views

Govt to gradually shift to accrual system of accounting

04 July 2008 at 00:17

The Union Government has accepted in-principle to gradually move towards accrual basis of accounting. This was stated by Shri V N Kaila, Controller General of Accounts, Ministry of Finance, while addressing a Conference organized to mark the 60th yea

Posted in Others | 1 comments | 5172 Views

Why financial literacy is imperative

30 June 2008 at 15:44

It helps you to make the most of the financial resources available, Financial literacy is the process by which investors improve their understanding of financial markets, products, concepts and risks

Posted in Others | 1 comments | 6219 Views

RBI hikes REPO rate by 50 basis points

25 June 2008 at 13:51

Last Friday, Ministry of Finance had indicated that the monetary authorities were expected to take action on the demand side to moderate inflation and quell inflationary expectations.Reserve Bank of India has hiked the REPO rate by 50 basis points an

Posted in Others | 3411 Views

Start investing early to reap the riches later in life

24 June 2008 at 11:51

Sameer felt like he was living a dream, when at 23, he got a campus placement in a multinational company after completing his management studies. Being the only son of well-to-do parents

Posted in Others | 5406 Views

All you need to know about inflation

23 June 2008 at 12:15

Why is inflation so high? The immediate cause for the big jump is the recent hike in petroleum products prices. But inflation has been building for some time due to the increase in food, steel and cement prices

Posted in Others | 1 comments | 6783 Views

Recommendation of task force on judicial impact assessment

18 June 2008 at 17:03

The Task Force constituted by Government to study the feasibility of Judicial Impact Assessment in India under chairmanship of Shri Justice M. Jagannadaha Rao has submitted its report to the Minister of Law and Justice, Shri H. R. Bharadwaj today. Th

Posted in Others | 5724 Views

RBI Drafts Norms On Mobile Payment For Banks

16 June 2008 at 17:07

The Reserve Bank of India has issued draft guidelines on mobile paymentsMobile Payment has been defined as information exchange between a bank and its customers for financial transactions through the use of mobile phones. Mobile payment involves debi

Posted in Others | 3621 Views

Increase in petrol,diesel and LPG prices

04 June 2008 at 19:27

The Public Sector Oil Marketing Companies (IOCL, BPCL and HPCL) have been moderating the impact of high international oil prices, which have touched record highs. The Indian Basket of Crude oil is $ 123/bbl, having recently touched its highest level

Posted in Others | 6048 Views