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BSE NSE List of Holidays 2011

The following are likely BSE/NSE holidays for calender year 2011, from January to December 2011: 1 26-Jan-11 Wednesday Republic Day 2 02-Mar-11 Wednesday Mahashivratri 3 12-Apr-11 Tuesday Ram Navmi 4 14-Apr-11 Thursday Dr. Ambedkar Jayanti 5 22-Apr-11 Friday Good Friday 6 15-Aug-11 Monday Independence Day 7 31-Aug-11 Wednesday Ramzan ID 8 01-Sep-11 Thursday Ganesh Chaturthi [...]

Globus Spirits IPO opens on Aug 31,2009

Globus Spirits IPO opens on Aug 31, to raise Rs 75 cr Globus Spirits, a Delhi-based alcohol beverage company, is entering the capital market with an initial public offering (IPO) of Rs 75 crore worth equity shares of Rupees 10 each through 100 per cent book building process. It was scheduled to open its IPO [...]

Modern Economy 2009

The 100 Euro Note It is the month of August, on the shores of the Black Sea . It is raining, and the little town looks totally deserted. It is tough times, everybody is in debt, and everybody lives on credit. Suddenly, a rich tourist comes to town. He enters the only hotel, lays a [...]

Apply Online for 11000 Clerk Jobs in SBI

Recruitment of Clerical Staff in State bank of India State Bank of India (SBI) has announced the vacancy for 11,000 clerical grade employees all over the india. The Candidates have to fill online application form at the official website of the State Bank of India/SBI. Candidates are requested to apply online at SBI website between [...]

New Income Tax Code

Rates of income-tax I) In the case of every individual, other than women and senior citizens: (1) Where the total income does not exceed  Rs 1,60,000 Nil (2) Where the total income exceeds Rs 1,60,000, but does not exceed Rs 10,00,000 10 per cent of the amount by which the total income exceeds Rs 1,60,000 [...]

Tips to Survive a Recession

As forwarded by a financial consultant, in Dubai. In Recession, make your own judgment, don’t panic! Do what is wise. The recession looks very eminent. It is really time to take pro active steps to avoid a painful time for next few months which is how long the recession is expected to last. Suggestions: 1. [...]

Assets Included in Wealth tax

The assets that are included in the calculation for wealth tax :- Assets means:- 1. Any building or house whether used for commercial or residential purposes or a guest houses or otherwise including a farm house situated within 25 kilometers from local limits of municipality. Houses shall not constitute an asset :- (a) A house [...]

Mutual Funds

A Mutual Fund is a professionally managed firm of collective investments that collects money from many investors and puts it in stocks, bonds, short-term money market instruments and other securities. Here is a list of the different types of Mutual Fund in India :- Open-ended Mutual Fund Schemes in India -There is no fixed maturity [...]