In your interest.
Online Personal Finance Magazine
No beating about the bush.
For the second time in the past few years, ICICI Bank seems to be paying a price for its rapid growth. A few years ago, depositors panicked when its ATMs in some cities of Gujarat went dry over a long weekend. This time, with financial markets in turmoil, the Bank seemed in danger of being crushed by malicious rumours that seemed deliberately directed at driving the stock down, to profit by...
The smart bullish crowd is muted. That is a contrarian's sign
In the previous issue, I had said that a small relief rally may be round the corner; enjoy a rally as long as it lasts. After the issue was out, we had exactly two days of rally; then the Sensex crashed to a new 2008 low of 9,911, easily cracking the psychological line in the sand of 10,000. The first time it rose above 10,000 was...
Low birth rates and rising life expectancy are leading to rapid aging and a decline in working age population in the West. Japan has already been in that position for over two decades and will be joined soon by other Western countries. This book examines the economic effects of aging, how aging societies will affect family and social structures, and the implications of what the author calls...