I used to see advertisements coming in between the IPL and was quite amazed with the popularity it is gaining when i heard about speakasia from quite a few friends of mine. They wanted me to become a member of this MLM based scheme so i started looking around on the net about the company, its revenue model and its fundamental building blocks.
Well i am not really surprised that there are so many flaws and suspicious...
The Union Budget FY10-11 is expected to come on 26 Feb’10 and will be the next major trigger for the market.
Finance Minister is expected to provide guidelines for the introduction of the direct and indirect tax reforms i.e. the direct tax code (DTC) and the Goods & Services Tax (GST).
FM may increase excise duties to decrease the fiscal stimulus measures and may raise the service tax also from 10%. We...
For India, 2009 till now, been a great year with the return of a stable government at centre, good FII inflow, 72% increase in the Indian stock market and less terror attacks. But H1N1 influenza and a series of bankruptcy by some big international giants are some events, which we never want to happen again.
Some major events of the year in India
January 2009
The year 2009 started with a positive wave when Indian...
After nose-diving from a peak of $147 to $ 33 per barrel, global crude oil prices have crossed the psychological level of $65 a barrel, a level not reached so far in 2009. So, what is the cause of this spurt in oil prices?
The very first reason is the OPEC’s success in taking a fair amount of oil off the market to balance the supply-demand picture. Since September 2008, OPEC has reduced production by around...
Q4FY09 is likely to be a sequentially better quarter for India, in terms of overall real growth. Strong consumption growth remained intact during the quarter with the positive impact of GOI’s VI Pay Commission and reduction in the trade deficit as compared to the previous quarters. As Q4FY09 results are approaching, we have following expectations for different sectors and companies.
Automobiles
During the...