STI NEWS;"Gold – The new high!"plus 12 more

STI NEWS;"Gold – The new high!"plus 12 more


Gold – The new high!

Posted: 09 Aug 2011 06:30 AM PDT


Since last 10 years, Gold has been hitting new levels. The pace accelerated after S&P downgraded US credit rating a few days ago. The credit rating of US has been downgraded from AAA to AA+. This is still good but then we are talking about United States and the almighty dollar. The consequences of this unprecedented move is not yet clear in the long term but the short term impact seems to...

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CENVAT Credit not available on Few Input !

Posted: 08 Aug 2011 06:42 AM PDT


Negative List of Input Services  (By CA. Vikas Khandelwal)   Definition of Input Service, as provided under rule 2(l) of CENVAT Credit Rules, 2004, as amended w. e. f. 01.04.2011 provides certain exclusions. CENVAT credit in... ......

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Gold loans – Quick funds at lower interest rates!

Posted: 08 Aug 2011 05:15 PM PDT


Gold is considered an excellent hedge when market conditions are volatile, high credit interest rates prevail and when inflation is high. Currently all three conditions hold true, making gold a much sought after investment option. Recent spurt in gold prices has spruced up the value of the yellow metal further. Not only is it providing golden returns but is also helping get good mortgage value....

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Markets – Should you hit the panic mode?!

Posted: 08 Aug 2011 05:07 AM PDT


Is it time to panic or is it time to smile? Depends on which side of the wall you are in. If you are a contrarian, sitting on cash patiently for this day to come, you have reasons to rejoice. But, has the day arrived? To consider this the opportunity we need a short term bad news and a long term good news. That is how markets are timed (if at all they can be!). So here, we have a short term...

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A budget plan to save for a rainy day!

Posted: 07 Aug 2011 07:15 PM PDT


Once you have identified the fund boxes — Spending forecast, contingency fund for job loss and medical expenses, be dedicated and generate your money flow into these funds consistently. This could be once a quarter but it would be more manageable if it's once a month. Do numbers make your head spin? Did you hate math at school? Or perhaps you are just too laid back to worry about planning and...

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11,69,238 Multiple Pan Cards Detected and Deleted

Posted: 07 Aug 2011 08:17 AM PDT


The Department has identified the multiple PANs belonging to the  sameperson through an automated Computer System of the Department.  Till date 11,69,238 multiple PANs have been detected and deleted. This... ......

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Portfolio Management Scheme: A unique investment opportunity

Posted: 07 Aug 2011 12:03 AM PDT


What is Portfolio Management Scheme? Portfolio management scheme popularly known as PMS are specialized investment vehicle for lump sum investments. The portfolio manager invests the money in shares and other securities and manages the portfolio on... ......

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Have You Taken These Financial Steps Before Becoming An NRI?

Posted: 05 Aug 2011 09:31 AM PDT


Are you planning to go abroad and become am NRI? Today you are a Resident Indian. Tomorrow you may become an NRI if your employer provides an opportunity. When an opportunity like this knocks at our door, are we ready to face the change? Are we... ......

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When Obama had to borrow to repay his loans!

Posted: 05 Aug 2011 06:21 AM PDT


There is a lot of buzz being generated all over the world over the debt-ceiling issue of the US of A. No day goes without a front-page article on the issue. This article tries to give you a basic understanding of the whole issue and gives insights into the Indian scenario too. What does the debt ceiling mean? In simple terms, it is the maximum amount that the government can borrow to fund...

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Stock markets – The World is flat no more, it’s topsy turvy!

Posted: 05 Aug 2011 02:40 AM PDT


Nifty and Sensex went up the hill, they took along the NASDAQ and Hang-seng too, then Greece and Obama's problems started and they all came tumbling down! Ironical, but the Jack and Jill poem seems to hold true for what's happening in the financial markets around the world. Every market seems to be tumbling downwards. So, what does all this hold in store for the common man? The common...

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Markets Crashing – What Lies Ahead?

Posted: 04 Aug 2011 10:51 PM PDT


The US stock and commodity markets crashed by almost 10% during the last week with a 5% drop happening yesterday. Indian markets have also dropped by over 1200 points (Sensex) in less than 10 days. What lies ahead? Why are Markets Falling? Since the year 2000 we have seen that there is a definite link between markets across the world. This has happened with the accelerated push for...

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Is it necessary to have Insurance For Home Makers?

Posted: 04 Aug 2011 07:52 PM PDT


It has always been a question of common belief that the male member or the bread winner of the family only needs to be insured. This belief has emerged due to the fact that the financial interests of the other dependent family memebers had to be... ......

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Now pay your Income Tax through HDFC bank ATM

Posted: 04 Aug 2011 07:34 PM PDT


Private sector lender HDFC Bank on Wednesday launched a service whereby its 115 lakh debit card holders can pay income tax through the bank's ATMs. "With this facility, the bank has given its vast customer base the freedom from waiting in long... ......

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