dollar

Economic shocks of Zimbabwe – It’s easy to become a Billionaire

06 dec 2008

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. Zimbabwe is experiencing a major currency shortage, which has led to hyperinflation and the current inflation rate is a staggering 231 million%.

Another asset class emerges for investment – gold mining companies

05 aug 2007

The rising gold prices have fancied investors attention and is being increasingly looked on as an part of portfolio. After Gold ETFs , now there is option for investing in DSP Merrill Lynch World Gold Fund which invests in gold mining companies internationally.

The Soaring Rupee – Causes and Impact

27 jun 2007

India is facing a peculiar problem of ‘Dutch Disease’. The term refers to a situation where there are large inflows of foreign exchange due to discovery of natural resources or massive foreign investment in the country which in turn leads to appreciation of the currency, undermining the traditional export industries.

Finally, some cause for cheer – rupee and inflation falls

09 jun 2007

After creating nerves for Indian exporters, especially the IT companies, the rupee finally touched a month low by falling 43 paisa to close at 41.13 (it touched an intraday high of 41.18) on 8 June.

Tata Tea gains as Coke gallops Glaceau

25 may 2007

The Tatas have done it again in the global business world, the only difference being, this time not as a strategic investor but as a financial investor. Tata Tea, world’s second-largest branded tea firm, in less than a year’s time has reaped in a handsome return on its investment in the US based Energy Brands Inc, maker of Glaceau vitamin water.