LATEST


Mark Pittman one of the only award-winning financial journalists who brought Federal Reserve under the scanner died on November 25th in Yonkers, New York. Mark aged 52 was believed to be suffering from heart ailment. In 2007 Pittman wrote stories predicting the imminent collapse of the banking...

Read More



According to the Federal Reserve’s latest economic forecast the US economy could take five to six years before returning to normal growth. The unemployment is expected to hover around 6.8 to 7.5 percent through 2012, which is now at 10.2 percent. Economist David Rosenberg has a very pessimistic...

Read More



The Gold Report recently published an interview of Eric Sprott, the great commodity investor. He is the CEO & Portfolio Manager of Sprott Asset Management and Chairman of Sprott Money Ltd.. Eric Sprott has 35 years of experience in the investment industry, after starting as a research analyst at...

Read More



Literally, whatever John Paul touches turns gold. His fixation with gold is exemplified by his gold kitty, a whopping 110 tonnes. John Paul president of Paulson & Co, a fantatastic hedge fund manager has more gold than any other country like Romania, Poland and Australia.  In 1994, he founded...

Read More



Amazing as it may sound, this old Nigerian fraud keeps claiming new victims, finds Sucheta Dalal Anybody who uses the Internet and operates his or her own email account has already heard of, investigated or stayed away from what is known as the Nigerian scam. Those of us whose email...

Read More



Sales of 2&3BHK homes are picking up in Mumbai, Delhi, Pune, Bengaluru, Chennai and Hyderabad Real-estate developers and consultants have been claiming that one bedroom-hall-kitchen (1BHK) homes were the best-selling product during the July-September 2009 quarter. But this trend does not...

Read More



Allowing trading in mutual funds through exchanges will benefit brokers as they can charge commissions from both buyers and sellers; but it may put small distributors out of business Online trading of mutual fund (MF) units, which is expected to be implemented by January 2010, is likely to...

Read More



What takes the judicial system years of deliberation to decide, is very brusquely undone by the FM by an amendment to the law itself - sometimes with retrospective effect. Ameet Patel describes one such feature in this year’s Budget The most talked about aspect of the Budget presented on 29...

Read More



Weak Asian cues, sustained buying pressure impact Indian bourses Indian markets crumbled on the back of sell-offs across all sectors after a setback from Asian markets. The Sensex declined 344 points from the previous day’s close, ending the day at 16,855 while the Nifty closed at 5,006; down...

Read More



Sucheta Dalal explains the role of companies, investment bankers and regulators in fetching poor IPO returns which has made the market comatose We are back a full circle. A dozen-odd years after the IPO (initial public offering) mania of 1992-96, the market is dead again. Ironically, the...

Read More



Sensex gains 68 points to close at 17,199 in volatile trade The stock market climbed to a five-week high in volatile trade on Wednesday, with the BSE Sensex gaining 68 points to close at 17,199 while the Nifty closed 18 points up at 5,108. Market volatility is expected to continue over the...

Read More



The investment case for gold has become increasingly compelling with central bank buying and a structural change in interest in gold as an investment product among retail customers, said Standard Chartered (StanChart) in a research note. “Although the upside will be capped by lower jewellery...

Read More



Pranay Vakil, chairman, Knight Frank India, highlights 10 home truths that the real-estate industry realised during the downturn that lasted around 18 months 1. Liquidity is vital: Developers realised this when sales volumes declined drastically due to the liquidity crunch. Developers...

Read More



Pramod Jain has a fairly colourful record of investments Pramod Jain, a minority shareholder in Sanjay Dalmia-controlled cigarette-maker Golden Tobacco Ltd (GTL), made news with his hostile offer to acquire another 25% holding in the company at a hefty Rs101 a share. Who is Pramod Jain? A...

Read More



Segment sees strong growth, but sales of electronic two-wheelers have stagnated The domestic sale of mopeds for April-October 2009 grew nearly 27% on the back of availability of finance, lower interest rates and the festive season. TVS Motors, which is the only company to manufacture...

Read More



Hathway Cable & Datacom, a multi-system operator, has filed a draft red herring prospectus for its IPO. Akshay Raheja, non-executive director, spoke to Pallabika Ganguly of Moneylife about his investment plans and growth strategies for the company. Pallabika Ganguly (ML): How are you...

Read More



India’s largest lender offers attractive home loan schemes to generate demand, then loses interest when it comes to processing loan requests. One such complaint against SBI exposes the situation Customers lining up for home loan offerings better size up the uphill task ahead of them. For, even...

Read More



Aiming to enhance the distribution network for mutual funds, SEBI has allowed mutual fund schemes to be routed through stock exchange brokers. Are brokers equipped to handle an entirely different business? Market watchdog Securities and Exchange Board of India (SEBI) has enlisted the services...

Read More



There would be more efficiency in the listing process, if the time taken for processing an IPO application can be reduced In a bid to bring in more efficiency in the primary market, market regulator Securities and Exchange Board of India (SEBI) on Wednesday said that it wants to bring down the...

Read More



Winemakers see stocks piling up for want of takers due to the ongoing slowdown Although Cyclone Phyan hit Nashik a week back and damaged a major portion of the grape crop under cultivation, consumers might not have to pay much for their bubbly in the coming months as last year’s recession...

Read More

Free Helpline
Legal Credit
Feedback