In your interest.
Online Personal Finance Magazine
No beating about the bush.
The major indices shot up almost 100% between early March and mid-June and now have started giving up some of the gains. We don’t know if this was the first leg of a major bull market, as some experts say, or it is just a reaction to the steep decline of last year. The fact is that scores of Indian companies continued to grow robustly through the so-called difficult 2008-09. Many have even...
The currency markets have been adjusting the valuation of the US dollar over the past six years. Its trade-weighted index now, at 80, appears fairly adjusted against all the major currencies compared to its peak of 120 in mid-2002. Viewed against this performance of the US dollar against major currencies, at around its current price of Rs48, the Indian rupee has gained about 3% from its level...