18 January 2012
Debt Funds-An Ideal Investment Among Fixed Income ProductsBy : Nimesh Shah(The author is the MD and CEO of ICICI Prudential AMC) The growth of mutual fund industry in India has been fuelled by equity and debt oriented schemes. These are the only two asset classes where a wide variety of products have been made available. The other asset classes are yet to play their part. Unlike equity products which thrive on the notion of long term, higher risk and commensurate returns; debt mutual fund produc...
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13 January 2012
CURRENCY DEVALUATION HAMMERS INDIA BY : CA A. K. JAIN The year 2012 has begun with catastrophic affect for the rupee. It was Rupees 43.96 against a dollar in the July 2011 and now for $1 it is Rupees 54.3. Rupee hits all time low in January 2012. This kind of decline will have the sweeping impact on the macro economy of the country, as we are heavily dependent on the import of oil, food items and other crucial raw materials. The year 2012 has begun with catastrophic affect for the rupee. It was...
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11 January 2012
PricewaterhouseCoopers faces a record fine of £1.4 million and has been severely reprimanded for failing to realise that client money had not been properly protected at JPMorgan Securities, a regulator said on Friday. The regulator reduced the fine from £2 million to £1.4 million for cooperation and other mitigation, but the regulator originally wanted to hit PwC with a penalty running into tens of millions of pounds. The case brought by the Accountancy and Actuarial Discipline Board (AADB) – pa...
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6 January 2012
Russia Underperformed In Indian Economy: Moscow Professor Singapore, Sept 24 (PTI) Economic relations between Russia and India have been slower than expected, given that the two powerhouses have very close diplomatic and military relations, a Russian professor has said.There were advantages for Russia to participate in India''s huge potential of developing business and investment relations, but Moscow''s focus has remained limited due to their investment policy restrictions, Dr Dmitri Trenin, ch...
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2 January 2012
By : Jeyarajan.R Finance: When we talk about finance whether it is limited to money or something more than money, to decide we have to consider the following points. As many activities are associated with finance, like savings, paying, giving or getting credit, these activities can be done without the use of money just like what we done during barter system. Further money just like other goods or services can be bought and sold i.e., when we day a person earn a sum of money, means, he sold his s...
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