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Written by Ranjan
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Monday, 08 September 2008 14:38 |
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Stock prices put on a rally in the last fortnight, due to an easing in crude prices. On concerns of a slowdown in global economic activity crude prices have declined within the USD 110 per barrel mark to close on Friday, 5th Sept. at USD 106. With the current supply being adequate, it is expected that crude would stabilize at the current levels or lower. |
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Read more... [Stock Markets and Financial Markets Update]
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Written by Ranjan
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Saturday, 06 September 2008 11:25 |
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The Financial Markets is always in a continuous flux. The other day, the Finance Minister inaugurated the trading of Currency Futures. In this news update bulletin, we bring to you some important updates and insights on Mutual Funds and Insurance.
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Read more... [Mutual Funds & Insurance News Update for India]
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Written by Ranjan
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Tuesday, 12 February 2008 06:38 |
A recent nationwide survey reveals that most Indians prefer keeping 65 percent of their savings in liquid assets like bank or post office deposits and cash at home, while investing 23 percent in physical investments like real estate and gold and only 12 percent in financial instruments.
For getting secure return on their earning, 51 percent of Indians put their savings in the banks while 36 percent of households still prefer to keep cash at home. The investment in post offices and other guaranteed return schemes and plans gets minor part of total savings. Only 5 percent of family put their money in post offices, while 2 percent buy insurance policies and 0.5 percent invests in equities. |
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Read more... [Indians prefer keeping 65% savings in the Banks]
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