With a reverse of trend the home loans had become cheaper in the beginning of the year. But with inflation and plunging stock prices, even home loans have not been spared and are going to become costly again. There was an expected rise on home loans also following inflation rates touching double digits. Only a mere formality was left. With SBI announcing the i..

The equities plunged today extending a worldwide global trounce that occurred due to the rising prices of crude oil. The shares that were affected the worst due to the price rise were real estate, auto shares and banking. During the opening slot the Bombay Stock Exchange or the BSE was down by 505 points which is a low of about 3.5% at 13,917.02.

As per the survey of the worldwide Corruption Perceptions Index or the CPI, India gets the rank of 74 which is two steps down as compared to last year. The index had been calculated amongst 180 countries in the world and had been done by Transparency International which is an independent agency and functions at international levels. The news of this downfall h..

The sturdy decision of the Reserve Bank of India (RBI) to hitch up both of its short-term lending rate and the minimum cash balance commercial banks have to maintain may have made many frown but there is nothing to worry as it has got its biggest advocator, the Union Finance Minister P Chidambaram. The Union FM in a bluff mode advocated each and every progress..

The population of poor people in India is the highest in the world. According to a recent research most of the people living in India survive on less than a dollar a day. Ironically India also sets the record for producing millionaires at the quickest pace in the world. In the year 2007 the world produced High Net Worth Individuals or the HNWI A at the slowest..

The significance of Ayurveda, continuing for thousands of years at a stretch, is predominant in the Indian subcontinent especially India, Nepal and Sri Lanka. This commendable and highly important contribution of the ancient Hindu system of medicine is still surmounting and is practiced in high esteem. What is more in the contemporary world it is expanding its..

The hue and cry over inflation and rise of prices in the national scenario, in the wake of momentous rise of prices of crude oil in the global spectrum, has been going on unabated and the political parities are vying with each other to garner popular support against this. Well, it is certainly true and painful that the mounting price level inflicts huge burden..

The saga of open market economy along with some necessary reforms in the national scenario, in the early nineties, brought a new prospect, a new conviction that tried to prove India could reach the zenith of success. The subsequent success of the Information Technology (IT) emboldened this notion further since the international honchos of industry were a..