You are in the midst of the first world-wide economic slowdown and recovery seems a long way off for the global markets. So do you need to change your investment strategy? Money Today thinks so.What the Experts hope to do in 2009 How to invest in 20092009: A year of hope
Just a year ago, the Indian economy was humming like a well-oiled machine. Today, it is stuck in a rut, as is clear from the macro-economic indicators. Money Today looks at how six key parameters have deteriorated over the past 12 months.
One of the better surprises of 2008 is the steep fall in crude oil prices. From a peak of $146 per barrel on 3 July, it tumbled to $40 on 5 December. The government may cut petrol prices again to appease voters.
Money Today-Plexus Management new fund evaluation: The fund’s timing is just right. Also, the open duration of the fund makes it viable for people who may be rethinking about investing in the existing ELSS funds.
If you have lived in India for more than 182 days in a financial year, you will be considered a resident of India under the Income Tax Act. So your income, including the one earned abroad, will be taxable in India. However, you may get benefit under the Double Taxation Avoidance Agreement.
When the Wall Street was breached, the Indian bourses had to battle a tsunami. Succumbing to panic, institutional and retail investors frantically pulled out money from the stock market and mutual fund schemes.
Often, short-term stock market movements do not favour the rational investor. Mr Market seems to have a mind of his own and is willing to bet against you. Patience, backed by conviction, is the best way out.
Risk is defined as the uncertainty of an outcome—opportunity or threat—of actions and events. It is assessed as a combination of the likelihood of an eventuality, its impact, and the severity of damage caused.
From the inflation highs to the Sensex lows, from the searing interest rates to the freeze in liquidity, the past year featured some of the most jarring figures in financial history. Here are some numbers that must have made you think.
Depression, recession, bear market... all have translated to job scares, a slowdown in demand and panic attacks. Here is a recap of the spillover effects of the ongoing economic imbroglio in the last fortnight, across the globe.
ECS is a mode of electronic fund transfer from one bank account to another using the services of a clearing house. It is normally used for bulk or repetitive transfers. While ECS (credit) is used by institutions for distributing dividend, salary or pension, ECS (debit) is used by individuals.
Ever since playing acquired the e-dimension, gaming has become a serious business. The fun remains intact, but the figures have bloated: the console gaming development market is expected to be worth Rs 260 crore by 2009.
If you have grounded your vacation plans for fear of tumultuous times ahead—no pay hikes, no disposable cash—here is a way to get around it. You can trim your travel budget in several ways no matter where you are headed, says Sushmita Choudhury.
Money Today has constantly endeavoured to bring stories that can help you save and spend smartly. You can also save and drive a hard bargain if you conduct your own survey of product prices at different vendors/locations before buying.