Archive for June, 2009

Entry Fee Removal May Slow Indian Mutual Fund Spread

Indian capital market regulators’ move to scrap an entry fee on mutual funds is expected to bring more transparency in the growing industry even though it may temporarily hurt mutual fund penetration as distributors will lose the incentive to sell funds. In the long run, the move should bring down the cost of investing in [...]

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A monsoon hit to the economy!

With every passing day, hopes of a normal monsoon are receding. Along with poor rainfall, hopes of better economic performance in 2009, too, may suffer a washout.The situation is one of concern. Everyone now has fingers crossed about the next crucial 20 days. Surely, instead of see-sawing between hope and despair each time rains play [...]

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PSU Divestment: Now is the best time news

As opportunities dry up in the recession-hit ‘advanced’ economies, foreign funds are increasingly looking at India. The government should seize the moment to accelerate disinvestment in PSUs, argues Jagannadham Thunuguntla What a turnaround! The United States, long considered the ‘cradle of capitalism’, is now busy trying to nationalise its iconic brands such as AIG, Freddie [...]

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Can India run ahead of China?

Indians have for long suffered from an advanced case of China envy. It has never been just a question of higher growth rates in China. Visitors from India have also inevitably come back with breathless tales about the new downtown Shanghai, the magnetic levitation trains or the new highways being built across that country. However, [...]

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Companies Go Slow on Share Buy-Backs.

In a tight money market, companies that have moved to buy back their shares are going slow on these efforts either because they do not have the money or are saving it for a better use, according to analysts and executives at some of the firms. Currently, 22 companies have ongoing offers to buy back [...]

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India had no role in shifting 2011 WC matches from Pak: ICC

ICC on Thursday dismissed Pakistan’s claims that India was behind the shifting of their 2011 World Cup matches and said the decision could have been avoided if the security apprehensions in the strife-torn country were responsibly addressed during the ICC Executive Board meeting. “India had nothing to do with the decision. The decision was taken [...]

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What are ULIPs? How is it different from Mutual funds ?

At almost every investor mind a question is generally cropped up: “What is the difference between a ULIP and a Mutual Fund?” The reason, perhaps for the wide extent of confusion, lies largely in the way ULIPs have been sold by agents. As just another mutual fund. Unit Linked Insurance Policies (ULIPs) as an investment [...]

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Fiscal Deficit will not be in Double Digits: Montek Singh Ahluwalia

Seeking to mollify the fears of banks that high government borrowing would not allow interest rate to come down, the Planning Commission on Sunday said the fiscal deficit will be high but not in “double digits”. “Bankers are always concerned about the size of the government’s borrowing. Because it is very very large, many of [...]

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India Telecom to cross 30bn revenue by 2013.

India will continue its robust telecom story with the revenue of the sector expected to be more than $30 billion by 2013, according to a global IT research and advisory firm. ”Total mobile services revenue in India is projected to grow at a compound annual growth rate (CAGR) of 12.5 percent during 2009-2013 to exceed [...]

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