Indian Stock Market down

November 27, 2009 by admin · Leave a Comment
Filed under: Finance 

Dubai, emirate of the UAE, had accumulated $80 billion of debt by expanding in banking, real estate and transportation. S&P had placed the ratings of four Dubai-based banks on negative outlook due to their exposure to Dubai World. It now wants to restructures Dubai World, the conglomerate that spearheaded the emirate’s breakneck growth.

ndian indices were witnessing panic selling as traders booked profits in realty and banks after Dubai got gripped in financial crisis

G20 offers no magic bullet to fix financial crisis

March 15, 2009 by admin · Leave a Comment
Filed under: Finance 

G20 leaders cannot solve all of the world’s economic woes on April 2, no matter how high British Prime Minister Gordon Brown builds expectations for a landmark financial summit that he will host in London.

As Angel Gurria, head of the Organization for Economic Co-operation and Development, describes it: “There is no ‘open sesame’. We’re not talking about pulling rabbits out of hats.” Read more

Salmond defends Scottish banking

March 15, 2009 by admin · Leave a Comment
Filed under: Finance 

Scotland’s first minister has defended Scottish financial institutions, saying they are not “uniquely responsible” for the current economic crisis. Read more

Satyam scam: The mega corporate fraud

January 25, 2009 by admin · Leave a Comment
Filed under: Finance 

Ramalinga Raju and his brother Rama Raju, accused of committing a Rs40 billion fraud that threaten to shake the very foundation of Satyam Computers, are in jail. The government had appointed Tarun Das, T N Manoharan and S Balkrishna Mainak, on Satyam’s board, which already had Deepak Parekh, Kiran Karnik and C Achuthan.
Read more

Why to have financial planning?

November 10, 2008 by admin · Leave a Comment
Filed under: Finance, Investing 

Finance term is widely recognized as a very powerful department in any organization or at your home. Every country establishes his financial operations to make his countries financial infrastructure more stable. It lets the financial adviser of any organization to see whether the organization is in loss or in profit. And financial planning plays a vital role for making our future secured. The plans which we make, effects us and our future. It is a way of depicting our daily needs and also our money matter according to that need. This helps to evaluate the expenses and losses with gains (if any) and avoid Bankruptcy. Read more

Loans Deals with Financial Problems

November 10, 2008 by admin · Leave a Comment
Filed under: Finance, Loans 

Government has made a very important financial dealing by creating LOANS. Loans basically are the debts which one has to pay after the time period of the Loan has finished. The borrower takes the money from the lender (can be any organization or any bank) which they pay, and a genuine loan interest has to be paid by the borrower. Read more