'You need to devalue the currency, ignite inflation, which then begins to oil the wheels of the economy.' 'Without that this severe recession is not going to reverse.'
An interest rate future is a financial derivative. For the uninitiated, a derivative is a financial contract the value of which is 'derived' from a long-standing security such as a stock or a bond, or even an asset, or a market index.
China's official media on Tuesday went public over India's Nuclear Suppliers Group bid for the first time, saying New Delhi's membership of the elite club will not only touch a "raw nerve" in Pakistan and increase a nuclear arms race in the region but also "jeopardise" China's national interests.
To this end, India has recently committed USD 400 million in steel to construction of the railway connecting Chabahar and Zahedan, near Afghan border, the report said.
'If the new rate is lower than your current rate, ask your bank to shift you to it.' 'This can be done by paying a fee of Rs 5,000 to Rs 6,000.'
Rajinikanth and Kamalahaasan's new generation movies of the twenty-first century may make bigger money than their earlier films but leave behind a lesser impact. That would make the difference between their success and failure as politicians, says N Sathiya Moorthy.
Five years before Rajiv Gandhi was killed in 1991, the US Central Intelligence Agency had prepared a very detailed and thorough "brief" on what would happen if he is assassinated or makes an "abrupt departure" from the Indian political scene.
The trilateral alliance between India, Afghanistan and Iran on the strategic Chabahar port is a security threat to Pakistan, defence experts in Islamabad have said and asked the government to use diplomatic manoeuvres to avert falling into an "abyss of isolation".
With inflationary expectations on the rise, bankers feel that interest rates would go up further in the coming weeks.
Possible US envoy says India must get assurance against China.
In contrast to the bare-bones price of $115 million for each Rafale fighter, the F-35A cost $94.6 million, reports Ajai Shukla.
5 Really Cool Outfits & Accessories Your Kids will Love
'It's one of the best partnerships I have been part of. We have chased 350 before but not from 63/4'
Once you follow these, it is also important to deploy your savings in inflation-beating investment avenues.
'The Jalan Committee has now provided very clear guidelines on how the (RBI's) balance sheet should be looked at, what kind of disclosures should be made, what are the principles on which the Contingency Risk Buffer should be maintained, what should be the revaluation reserves, and the market risk to the Contingency Risk Buffer.'
The stock market, the Survey felt, had run away from underlying real economy indicators and asked if this indicated rational confidence or irrational exuberance.
Much of the Q3 data will simply not be available for the CSO to factor in its calculation.
Railway Minister Suresh Prabhu travelled on TGV, the French high-speed train, which can clock up to the maximum speed of 320 km per hour.
Katy Sheen, a physicist at the University of Exeter in the UK, explains how Santa Claus travels over 200,000 times faster than Usain Bolt, the world's fastest man.
Even if you get a bit late in buying things you need, it is always better to avoid debt traps, advises Vishwajeet parashar
State Bank of India has revised lending rates based on marginal cost of funds, a new methodology that will take effect from April 1.
A V Rajwade wonders if the Modi sarkar is pursuing price stability at the cost of potential social instability in both rural and urban India.
For the PMO this is urgent as the Digital India framework would depend on how the telecom companies perform. It is also linked to the proposed auction of 5G airwaves.
Systematic withdrawal plans in equity funds can spell trouble in a falling market, points out Deepesh Raghaw.
Barring any last-minute hitches, Bollywood actor Sanjay Dutt, convicted in 1993 Mumbai serial bomb blasts case, will be a free man on Thursday when he walks out of Pune's Yerawada jail after he was granted remission in his five-year sentence.
Rishi Mehra on the home work you need to do before opting for one
India has ranked 59th in the Rule of law index 2015 compiled by The World Justice Project gaining an overall score of 0.51 out of 1.
For longer tenure products, they offer higher returns compared to other instruments. But for shorter tenures, things are getting tighter for investors.
Calculated guesses, taking a position on what the future could hold
A computer has helped scientists discover the largest prime number ever with over 22 million digits, breaking the previous record by approximately 5 million digits.
The RBI cut the rate several times last year to reduce it by 125 basis points to the current 6.75 percent.
'Made in Heaven plays well as a busy show; when it's hip, but without being hopeless,' feels Sreehari Nair.
The Art of Living case will go down as a test for environment activism in the country, notes M Rajaque Rahman.
'GST gives a huge relief to small businesses of India and West Bengal.'
Saratchandra wrote when India was under British raj, but his concerns were contemporary.
Assocham has also pitched for revision of the deduction of interest on housing loans to at least Rs 300,000 from the existing Rs 200,000
Dilip Kumar Jha explains what the buyers must do to protect their own interest.
For the wealthy, post-tax returns of debt funds would work out better
Proper planning is absolutely essential when you are thinking of redoing your home, says Rajiv Raj
This Children's Day, groom your child to be financially responsible, says Arun Thukral, MD & CEO, Axis Securities.