Room capacity needs to double in the next five years to cope for inflow of travellers.
Create your own wealth The fortunes of the macro economy are increasingly linked with the fortunes of the micro households.
Housing for all In 1976, 33% of Mumbai lived in unauthorised housing. Today with twice the population, 66% of the city lives in slums.
Irreversible bull run Many are worried about valuations but the best is yet to come. Only a tiny portion of FII investment has come in.
The best of times for start-ups My advice to budding enrepreneurs is that you need to be doing something 'different' or 'differently'.
Know Your Customer guidelines have been used to harass customers by way of cross selling. And also to design customised products to delight them.
Consumer as a growth engine Consumers now seek to fulfill their aspirations at a younger age, taking a mix of debt and equity to fund their needs.
MONEY TODAY will offer down-to-earth advice on stock markets, mutual funds, insurance, banking, taxation, real estate and retirement planning. If your life cover is too small, it won't be of any help. If it is too large , you may be paying for something you don't need. Find out how much insurance you require and rightsize your cover.
First among all forms of savings In future, insurers and financial services providers will work in tandem to offer solutions to customers based on their career. life plan and risk appetite.
Lots more for lot less Customers will now be able to buy policies on the phone, through SMS and on the Net.
Prithvi Haldea, managing director of Prime Database, says that Benjamin Graham’s rules of value investing remain relevant more than half a century later. The Mumbai-based Menons have already created substantial assets. Now it’s time to protect these and to diversify as well. This is what the best mutual funds earned for investors in recent years. The Indian obsession with jewellery continues unabated. But people have also started looking at other forms of gold as an investment. Here's the story of how Arun Verma, a 'junkie', turned his hobby into a business. From the tax saving point of view, there is no ideal period for maintaining a home loan account. The luxury frills offered along with your dream home may sound good but think hard if you really need them. When his IIM batchmates were racing up the corporate ladder, Sanjeev Bikhchandani was slogging it out to keep his small business a float. A guide to using smart technologies to save time, hassle and money. In times to come your net worth will decide how much credit you get and at what cost. The stock market, the most visible and audible symbol of wealth creation, has made up to 10 million Indians richer through the four-fold rise in the valuation of shares in less than four years.
Did not pan out With the PAN allottment in a disarray, it seems unlikely that the problems that came in the way now will be ironed out by December 31.
Going for flat The real winner would be the small investor whose transaction costs will come down with the introduction of the flat brokerage structure.
How inflation erodes your wealth? We want returns from our investments to be higher than the rate of inflation. But by how much?
Will winter freeze fuel bills A lot depends on the future of crude prices. If the coming winter is severe, the demand for heating could again push up the demand for petroleum products.
Here we focus on how select stocks are performing and how it can benefit you. When parting ways, make sure you don't go to a place where the pay is higher but the work is less challenging. Is your money going up in smoke? If a 35-year-old quits smoking, he can save up to Rs 12 lakh by the time he retires.
Mutual Fund Monitor The Sensex heavyweights have outperformed smaller stocks in six months and one year.But in the last quarter, the smaller stock indices have outperformed the Sensex.
Most people don’t live within their income limits, but within their credit limits. That makes the EMI a better indicator of affordability than the MRP.
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