With stock market touching new lows every day and still no chances of calling a bottom, investors are hardpressed with choices for their investment decisions.
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After the less than expected returns from Jeevan Astha policy, LIC has come out with a money back policy with a tenure to choose from 9 years and 12 years.
This South African country is on the verge of collapse with its economy, public health and food facing the worst crisis which one could ever imagine.
DTH being a relatively new service in India, is experiencing a growth phase with Big TV, Sun Direct TV and Airtel Digital TV having launched their services to take on existing leading players Dish TV and Tata Sky.
Faced with stock market fall and safety of investments in various instruments, many investors are resorting to options which are safe and Government backed with decent returns.
With the market reaching a two year low and pain not seeing to subside, the common question among most investors is whether we have reached the bottom and is it the best time to buy stocks.
ICICI Home Finance Company recently announced the launch of its special Fixed Deposits which offers interest @11.15% p.a.
The erstwhile DSP Merrill Lynch Mutual Fund has been renamed as DSP BlackRock Mutual Fund as a result of the global merger of ML’s AMC business with BlackRock in 2006.
Picture this, till August 2008 ICICI Bank was the most valuable bank with a market capitalisation above that of SBI and HDFC Bank.
After announcing the creation of 1000-day Fixed Deposit giving an interest rate of 10.5%, State Bank of India has proved its aggressiveness in taking lead over others in garnering public funds.
The answer is immediate ‘nothing to worry’. In the recent financial turmoil in US, the names affected include Lehman Brothers, Merrill Lynch and AIG.
The Indian financial markets markets is going among the most volatile phases it has witnessed over the past many years post Lehman, Merrill Lynch crisis.
Imagine that you are stuck in a place and don’t have cash, worse that you even don’t have an ATM / Debit card or even if you have, you have lost one.
The common problems among most Indian investors is how to find out the best available FD rates among all Indian banks whether public, private or foreign.
ICICI BranchIn a move which would affect 15% of its total savings banks account, ICICI Bank has increased the minimum quarterly average balance required for its savings accounts from current Rs.5,000 to Rs.10,000 w.e.f.
Come next year, and you may have to update all your mobile and phone directories as all mobile numbers will then have 11 digits instead of current 10 digits with ’9′ being prefixed to all mobile numbers and thus ’99′ will become the first two digits of every mobile number.
In yet another step forward towards mobile banking, Reliance Communications and HDFC Bank have launched India’s first virtual credit card.
Continuing with its tradition of being the pioneer in bringing latest service innovation, one can now locate an ICICI Bank Branch through user friendly maps being provided by mapmyindia.
The once hugely popular investment option of Post Office Monthly Income Scheme has been losing its shine since February, 2006 primarily due to the removal of 10% bonus on maturity clause.
To take on Zee’s Indian Cricket League, the recently formed Indian Premier League (IPL) by BCCI is on the verge of attracting big money and for the first time introducing corporate flavour to Indian sports.
Indian equity investors never had it so good. After multiplying their capital, thanks to the tremendous bull run, they can now even trade in shares without paying any brokerage fees thanks to Anil Ambani’s Reliance Money.
Indian Government is considering an Internet policy that could change the life of web users in the country.
In the run up to unlocking value in the tower business by telecom companies, there is now talk of a possibility of a merger of the tower business of three GSM mobile operators – Bharti Airtel, Vodafone and Idea Cellular which would create a mega tower company.
In what may be the first ‘itinerary-based holday’ in India, Oberoi Hotels and Resorts have launched a holiday package called as ‘India in Luxury’.
It seems that the first round of battle against modern retailers and small traders seems to be won by the latter.