Comparing the last boom in 1994 and that of today makes little sense

During 1994-96, over-extended bank credit, trade deficit, rising inflation and property speculation led to a recession. These issues are now back. But the outcome may not be the same. Are we close to the end of the first phase of the beginning of a long-term boom in emerging markets or the beginning of the end of that boom?...

Big breakthrough by an investor group

Investorhelpline, the grievance redressal forum supported by the Investor Education and Protection Fund (IEPF) that was launched in September 2006, reports a big breakthrough. In a press release last week, Virendra Jain (of the Midas Touch Investors’ Association which runs the helpline) said that 28 depositors of Lloyds Finance have got their money back...