So the dollar has risen like crazy. From 39.9 a couple weeks back, to 42.5 today. And getting stronger. Is this FII profit booking? Heavy dollar buying by ...
From Bloomberg: Jasmin Mehta says that when he told salesmen from ICICI Bank Ltd. he didn’t understand currency derivatives, they chauffeured him to a ...
From Mint: The government could soon allow exchange-traded futures contracts on the rupee-dollar exchange rate in an effort to provide companies with a ...
Swaminathan writes: But Indian borrowers do not walk away from their homes — and loans — if prices dip. This is because a large proportion, often half, of ...
So I’ve been doing a lot of Javascript coding (ignore that if it sounds like greek) so here is my latest application, made on a whim on Saturday night ...
Short Term Capital Gains Tax up to 15% The FM has rationalised this by saying it needs to be equal to dividend distribution tax, and to promote longer term ...
Update: Click here to find out how much you save on tax in 2008. compared to 2007. Just finished the Budget speech. Income tax slabs have been changed. Upto ...
The Finance Minister, P. Chidambaram, asked banks to reduce interest rates by 0.5% (both lending and deposit rates). This may signal a change of stance by the ...
Budget 2007 has new amendments:. The finance minister has announced a change in the ESOP FBT concept – now the FBT will: a) be levied on the date of ...