What is Hedging ?

A technique of neutralising risk by taking a position in the derivatives market that is opposite to one’s position in the cash market, thereby reducing or limiting the effect of risk associated with unpredictable changes in price.  What is a ‘Hedge’ A hedge is an investment to reduce the risk of adverse price movements More...

by gktoday | Published 1 year ago
By gktoday On Tuesday, December 17th, 2013

Bitcoin The New E-Currency of the World

Bitcoin It is an open source P2P digital currency, first described in 2009 by a pseudonymous developer (or developers) Satoshi Nakamoto. Bitcoin is a digital currency, a protocol and a software that enables instant More...

By gktoday On Saturday, August 11th, 2012

All about TAN or Tax Deduction and Collection Account Number

1. What is TAN? TAN or Tax Deduction and Collection Account Number is a 10 digit alpha numeric number required to be obtained by all persons who are responsible for deducting or collecting tax. It is compulsory More...

By gktoday On Tuesday, July 31st, 2012

The term Revenue expenditure means

Revenue expenditure: This is expenditure on recurring items, including the running of services and financing capital spending that is paid for by borrowing. This is meant for normal running of governments’ maintenance More...

By gktoday On Thursday, October 21st, 2010

Accounting Terms-Common terms using in Accountancy

Accountancy is the process of communicating financial information about a business entity to users such as shareholders and managers.[1]  The communication is generally in the form of financial statements  that More...