Click here to Open an all in one trading cum demat cum Zero Balance IndusInd Bank Ac absolutely free of Cost…! Get instant fund transfer with the new IndusStox 3-in-1 account! It’s a Demat + Trading + Savings account bundled in one. Trade without the hassle of transferring funds toContinue Reading
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 riskContinue 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
A depository receipt is a type of negotiable financial security that is traded on a local stock exchange but represents a security, usually in the form of equity that is issued by a foreign publically listed company.Continue Reading
Portraying a gloomy outlook for the global economy, International Monetary Fund (IMF) today said that it is in a dangerous phase as business activity has weakened and confidence has fallen sharply. Global growth will moderate to about 4 per cent through 2012, from over 5 per cent in 2010, IMFContinue Reading
NEW DELHI: The Economic Survey on Friday said India has the fourth largest foreign exchange reserves, which helped the nation to tide over global financial crisis . India’s foreign exchange reserves touched $ 297.3 bn in December, 2010 from $ 279.1 bn in March. “It needs to be acknowledged thatContinue Reading
What is monetary policy? A Monetary policy is the process by which the government, central bank, of a country controls (i) the supply of money, (ii) availability of money, and (iii) cost of money or rate of interest, in order to attain a set of objectives oriented towards the growthContinue Reading
The RBI (Reserve Bank of India ) revealed its plan to introduce plastic Indian currency in the market to address the fake currency issue. Amarendra Sahu, Regional Director of RBI, Lucknow said that stung by the increasing menace of Fake Indian Currency Notes (FICN), the RBI is contemplating to introduceContinue Reading