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Cover Story

  • Following the rulebook was the survival route for employees in 2009. Work discipline must now continue to ensure rewards and stability.
  • Kris Lakshmikanth, founder CEO & MD of The Head Hunters India, says that employees can expect more jobs in 2010 but the terms of employment are set to be strict.
  • Inflation and zero increments meant less spending, but the consumer did not stay away entirely. He became a value hunter, a trait he must retain.
  • According to Raghav Gupta, president, Technopak, the consumer was more cautious in 2009, but was unwilling to make too many compromises in his lifestyle and purchases.
  • Always have an emergency fund. A stash of cash (or liquid investments) that will cover three to six months of expenses is absolutely essential, despite the low returns and tax inefficiency of cash holdings.
  • An abundance of financial lessons got compressed in the 12 months of 2009. We look at what investors ought to have learnt from the year of mega surprises. Learn to keep the faith Patience always pays Staging a return to the basics
  • Customer was once again king as cash-strapped realtors tried to woo him, while speculators learnt the hard way the perils of leveraging.
  • In the current context, with limited capital available to real estate players, developers should focus on their core geographies.
  • The roller-coaster journey of the stock markets this year has taught the small investor never to give up on this asset class.
  • The year 2009 will be remembered as the year of revival. The Sensex, which had plunged to a low of 8,160 in March, bounced back and recouped most of the losses incurred after the fall from its all-time high of 21,200 in January 2008.
  • The market volatility during the year underlined the importance of regular savings and diversification for the mutual fund investor.
  • In October 2008, nobody was willing to touch equities when they were available at great values. Now, with the markets returning to some normalcy, investors have come back.
  • The leitmotif of the banking story this year has been that there are no free lunches. The onus of protecting your interest lies squarely on you.
  • By far the most contentious debate triggered by the crisis has been about the flaws in the regulatory architecture.
  • Many investor-friendly measures have been introduced in insurance, but they come with a rider. To enjoy the benefits, policyholders must be proactive.
  • For the life insurance industry in India, 2009 has been a year of transition.
Dec 01, 2009
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