"28 November 2009" Archive

Deloitte will treble its India headcount

International accounting and consulting firm Deloitte will treble its India headcount from the current 11,000 and shift more of its top talent to the country over the next four years, a company official said. James Brady, CEO of Deloitte's assurance and risk assessment services, said the company has identified India as a 'high priority ma...

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Posted Under: Finance |

Justice Dilip Raosaheb Deshmukh took charge as new Chairman of CLB

Former Chhattisgarh High Court Judge Mr Justice Dilip Raosaheb Deshmukh took charge as the new Chairman of the Company Law Board (CLB) on Friday, four days ahead of the originally scheduled joining date. This follows a request by the Government as the presiding Chairman, Mr R. Vasudevan, was arrested on Tuesday by the CBI in a bribery cas...

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Posted Under: Finance |

Before you choose avenues for tax saving -series II

It’s true that an equity investment fetches much higher returns as compared to other investment avenues. But just remember what happened to your tax saving funds when the Indian equity markets went for a rock bottom decline. We find that all the NAV of the major tax saving funds having exposure in equity went for a cascading fall in the...

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Posted Under: Finance |

Tax saving habit–a change is required series-1

All we need to do is to bring some changes in our habits and do the tax planning for the financial year 2009-10 in advance. Moreover before one decides for tax saving one should look into the all the list of probable deductions under which one gets benefits of tax saving....

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Posted Under: Finance |

Indian banking makes us jealous

After 31st March 2010 Indian banks will have to adhere to the Basel II norms. India had adopted Basel I guidelines in 1999. Later on in February 2005 the RBI had issued draft guidelines for implementing a New Capital Adequacy Framework, in line with Basel II. The deadline for implementing Basel II, originally set for March 31, 2007, has n...

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Posted Under: Finance |

Where us economy is heading?

In this article we will try to figure out the true picture of US economy through some prime indicators and the probable ways by which US economy can try to come out of the dark woods. We will try to find the trend, analyse and foresight the future of the US economy....

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Posted Under: Finance |

Cheap Money Debt

Cheap money supply will remain for some more time giving more opportunity to invest in emerging market and increase the assets prices. But among all these we forgot to accentuate that US fiscal deficit is rising which is not a burden for US economy but will be shared equally among other economies. Now a thought line will emerge among my ...

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Posted Under: Finance |

Convoluted Turbulenlence of Japan

Japan’s second quarter GDP increased by 4.8% in 2009 from a year ago. This was surprising for most economists as the predicated a 2.7% growth. The figure is very much reliable as the GDP number came riding not only at the cost of export buts also domestic demand contributed too. Consumption of goods has increased in Japan along with inv...

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Posted Under: Finance |

U.S. foreclosure threatens-world market

Before we get into the critical invisible analysis of foreclosure we need to understand clearly what it means by Foreclosure.This articles brings out the trend and analysis of the climbing high Foreclosure rates andits effect on the US economy as foresight. Foreclosure is to shut out, to bar, to extinguish a mortgagor's right of redeemin...

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Posted Under: Finance |

India in Gulf's ladder of investments

BRIC countries have always remained a favored destination for doing investments and getting good returns other that any other investments. Each day we hear a word called FII’s. They are the ones who make the stock market climb new heights. In this article of mine I will try to describe and bring forward one the FII’s who one of the ma...

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Posted Under: Finance |

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