In your interest.
Online Personal Finance Magazine
No beating about the bush.
Over the past fortnight, the international financial landscape has changed beyond recognition, following the failure of major international investment banks. Sure enough, in a globalised world, the virus has spread to India. The past two weeks have witnessed the worst declines in Indian market history. We had been maintaining that the new lower support level for the Sensex is at about 12,500....
Lobbyists for foreign institutional investors (FIIs) crowed with joy when the Securities and Exchange Board of India (SEBI) decided to reverse its decision to cap the issuance of Participatory Notes (PNs), a move that was then seen as a precursor to eliminating investment through this non-transparent route by the end of 2008. (PNs are financial paper issued overseas by foreign brokerage firms...
Tarika Vaswani on a charitable trust set up by a businessman that bridges the gap between the haves and the have-nots
What motivated a hard-working man, who successfully started two businesses that flourished, to venture into a whole new world of activity? What made someone who was living comfortably and enjoyed travelling with his family rethink his life’s mission? It was a near-fatal brain...