In your interest.
Online Personal Finance Magazine
No beating about the bush.
Financial Literacy is as much a buzzword today as Good Governance used to be in the late 1990s and again in 2001 when corporate scandals and vanishing companies had disillusioned investors and the primary market lay dormant for a long period. Unfortunately, the rhetoric about financial literacy is not backed by any understanding or effort to address the issues that affect investors or...
On 28th October, Shankar Sharma, vice chairman, First Global Stockbroking Pvt Ltd, lost an appeal before the Securities Appellate Tribunal (SAT) against an order that barred him from the capital market for a year. This pertains to a 2001 charge of synchronised and fictitious trading to create artificial volumes in certain scrips. At the time of going to print, Mr Sharma and his lawyer said...
The realty sector was among the worst hit when the global financial crisis led to the market meltdown in 2008. Top developers were desperately lobbying the government for a bailout and pleading for unrealistic interest rate reductions to avoid lowering prices. Finally, residential prices dropped around 30%, but it was hardly enough, given the sharp increase in the previous four years. The...