Community & General News
Used wisely, money begets more money
19 August 2008 at 01:42Personal 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.
CRR hikes should have a sobering effect on demand
30 July 2008 at 11:51Reserve 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.
Govt to gradually shift to accrual system of accounting
04 July 2008 at 00:17The 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
Why financial literacy is imperative
30 June 2008 at 15:44It 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
RBI hikes REPO rate by 50 basis points
25 June 2008 at 13:51Last 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
Start investing early to reap the riches later in life
24 June 2008 at 11:51Sameer 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
All you need to know about inflation
23 June 2008 at 12:15Why 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
Recommendation of task force on judicial impact assessment
18 June 2008 at 17:03The 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
RBI Drafts Norms On Mobile Payment For Banks
16 June 2008 at 17:07The 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
Increase in petrol,diesel and LPG prices
04 June 2008 at 19:27The 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
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