Going Goa
The tourism industry had plenty to cheer about in 2010. Not only has there been a surge in domestic travellers, the economy has also moved away from the dreaded R-word. Goa, with its beaches and booze, is the ultimate party destination for most in India
Indian ADRs: MTNL, Patni up, Wipro, Sterlite down
Indian ADRs ended mostly mixed on Friday. In Banking space, ICICI Bank was up 0.63% at $50.64, while HDFC Bank was down 0.29% at $167.11. In Telecom space, Tata Communication was up 0.71% at $ 11.35 and MTNL was up 2.37% at $ 2.46.
US markets end strong year and month with quiet day
US stocks closed out a year of double-digit gains and the S&P's best December since 1991 with a quiet and little changed session on Friday as investors found no reason to make big bets ahead of the new year.
Nifty below 5550 again; ADAG stocks tumble
Equity benchmarks extended losses after the news that CBI Trial Court is going to pass order on plea to probe Anil Ambani at 4 pm.
Vaswani Industries moves Tribunal against SEBI order
Vaswani Industries has appealed to the Securities Appellate Tribunal (SAT) that the SEBI order (dated July 11, 2011) directing the company to give withdrawal option to HNI and retail subscribers to its IPO be vacated immediately as it violates the provisions of the Companies Act.
Nifty in narrow range; midcaps outperform
The benchmark Nifty was trading in a narrow range of 5480-5500 levels since early trade. But broader indices were outperforming benchmarks, with gaining 0.8% each.
DLF Sept qtr PAT seen down 5% at Rs 399 cr
Angel Broking has come out with its earning estimates on Real Estate sector for the quarter ended September 2011. According to the research firm, DLF Sept quarter net sales are expected to go up by 12.9% at Rs 2674 crore, year-on-year, (YoY) basis.
How long is long term investing?
A few weeks ago, during a dinner meeting, I overheard a couple talking about their long term plans. One of their topics of discussion that caught my attention was how they want to move to a small town like Lonavala or Shimla permanently.
Buying home? Know these hidden costs
Avinash Singh was interested in buying a flat in Mumbai and had a budget of around 70 L with him, which included furnishing the house as well. He was shown many flats costing Rs 60 lakhs for around 1000 sq. ft. He was very enthusiastic about buying it.
How it works: Credit card balance transfers
WEALTH explores the nitty-gritty of credit card balance transfer, when can you avail this option, how does it work, and so on.
How to solve your credit card complaints
HOW many times have you got a credit card bill with charges that you think are unfair and not called for? And what happens when you refuse to pay up? You get bills every month with the amount increasing with every bill.
Multiple credit cards = tight rope walk
IF there were 10 commandments that you abided by in your life I'm sure that obvious ones like 'thou shall not lie' and 'love thy neighbour' would definitely feature on the list.
What are the pros and cons of a credit card?
AGGRESSIVE private sector banks have cashed in on the booming economy that affords us better income.
5 things to look out for in your home agreement
YOU just got news that your home loan has been approved and you are on your way to see an existing model of your future home. Your heart is pounding with excitement, but wait, the tedium of paperwork is not over yet
A la carte ULIP vs buffet endowment
WE live in a made-to-order world. Menus or travel plans, everyone promises one thing: a solution that suits you.
The various costs involved in your ULIP
Our expert highlights the various charges included in a ULIP policy. Understand these charges and their impact, before you opt for a ULIP policy.
Critical illness or Mediclaim?
ADITI just spent her Diwali bonus on buying herself a whole new look --new shirts, sunglasses, jeans, shoes the works.
Sum payable to NRIs: Taxable?
It was a Sunday morning and I was having my morning cuppa when suddenly I got a call from a friend who was in the process of finalising a deal for purchasing an office premise in Mumbai from a Non Resident (NR).
Ten rules to choosing the right shares to buy
The past is dead. It’s over. When you are buying a share with an expectation to make money in the future, it’s the future that is important.
EPF: A calculation error that paid off well!
All of us who are contributing towards the Employee Provident Fund (EPF) have a reason to smile. Reason being, our EPF will fetch an additional 1% interest rate for the current fiscal.
Highest NAV schemes - Demystified
Before the market crash of 2008, ULIP’s were quite popular, but post the free fall most investors saw their returns being washed away. Thereafter the investor community started looking for options where they could invest but with a safety net.
How TDS works?
THE tax season is here. And if you are an employee you can’t blame your employer for deducting large chunks of money from your salary towards tax deducted at source (TDS), which he is legally obliged to do.
John Templeton's 16 investment rules
SIR John Templeton, the founder of Templeton Funds was a multi-faceted personality, a legendary investor, fund manager and an astute philanthropist. He wrote 16 rules of investment success, which can be found here.
Start planning early for your retirement
Though it is a well known fact that we need to save to build a retirement nest egg, many of us fail to do so. Investment expert Hemant Rustagi tells you how to achieve the desired results.
How to choose a school in India
Q. What exactly do NRI parents look forward to when it comes to schooling for their kids?
