Economic freedom Economic freedom is measured in terms of three broad heads–size of government (measured by government revenue expenditure and administrative gross state domestic product (GSDP) and sundry state-level taxes as share of total GSDP, as well as share of government in organised employment), legal structure and security of propertyContinue Reading
What is Online Trading? Online trading is a new form of trading that has become possible due to the developments intelecommunication. Earlier, investors had to call up their brokers and place an order on the phone. The broker would then enter the order on their system and execute the trade.Continue Reading
Term life insurance plan provides life cover to an individual. In simple terms, a lump sum amount (Sum Assured) is paid to the family members on demise of life insured. For the life cover, the life insured has to pay relatively low premium. The life cover is for certain policyContinue Reading
Ad Valorem : Value added. An example of an ad valorem tax would be VAT. Advances: Loans given by financial institutions Appreciation: An increase in the value of an asset. Arbitrage: Movements of funds to take advantage of differences in exchange or interest rates,and this quickly eliminates any such differences.Continue Reading
World Math Day World Math Day is on March 7, 2012 Mathematics is the study of quantity, structure, space, and change. Mathematicians seek out patterns and formulate new conjectures. Mathematicians resolve the truth or falsity of conjectures by mathematical proof. The research required to solve mathematical problems can take yearsContinue Reading
According to a report by Organization for Economic Cooperation and Development, inequality in earnings has doubled in India over the last two decades, making it the worst performer on this count among all emerging economies. The top 10% wage earners now make 12 times more than the bottom 10%, upContinue Reading
The Indian economy is the fourth largest economy of the world on the basis of Purchasing Power Parity (PPP). It is one of the most attractive destinations for business and investment opportunities due to huge manpower base, diversified natural resources and strong macro-economic fundamentals. Also, the process of economic reformsContinue Reading
Mahindra & Mahindra (M&M) has renamed its Logan car as Verito. Anup Bagchi has taken over as the MD and CEO of ICICI Securities. Veteran banker K.V. Kamath has been appointed as the Chairman of Infosys, in place of founder N.R. Narayana Murthy. S.D. Shibulal has been elevated as theContinue Reading
A mutual fund is a professionally-managed type of collective investment scheme that pools money from many investors to buy stocks, bonds, short-term money market instruments, and/or other securities. Advantages and disadvantages of mutual funds Mutual funds have advantages compared to direct investing in individual securities. These include: Diversification Ability toContinue Reading
China has emerged as the world’s largest economy, surpassing Japan, which had held on to the position for over four decades. At the end of 2010, Japanese economy was estimated to be worth about $5.5 trillion and that of China $5.8 trillion. USA continues to be the largest economy ofContinue Reading
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