Why Nifty and Market Tanked On May 16th 2014 and What You should be Doing in the Near Future Future.
For almost in 12 years, credit growth has dropped to single digit, at 9.66% on a year on year basis for the first time against a growth rate of 10.75% in the last fiscal as per available data. To protect and to maintain their books, banks had parked more than Rs.133,925 Crores with RBI through reverse repo window which is normally used to suck out the excess money from the system.
By divesting and making listing will also improve the corporate governance as it increases the pressure on the employees to scrutiny by investors.
Current results season has produced a spectacular picture about growth in industrial activities and services. Results of the banking sector depicts that the economy in general is maintaining its growth momentum.
What you would get with the latest announcement of Bonus Issue and Dividend from Reliance Industries.
Axis Mutual Fund House will shortly be filing for both equity and debt products. These offerings should be available by October / November of this year.
Islamic Bank cannot be called a Bank because of RBI guidelines but it looks like time has changed and Kerala may have first Islamic Bank Next year.
All insurance companies does not have Swine Flu as one of the listed disease and so apart from being safe against Swine Flu there is panic of being insured.
Mr Buffet was speaking to shareholders of his Berkshire Hathaway company at their annual general meeting being held in Omaha, Nebraska. The value of Berkshire Hathaway’s investments fell by quite a bit and Mr Buffett’s personal wealth shrank by $25bn (£17bn) and he is now not at the top of the richest person list.