India does not deserve a person like Rajan !
Dear Friends, When I woke up to read the newspaper today morning, there was a news article that had quoted a regional daily, from unknown sources that Dr.Rajan might not be interested in extending his tenure for 2 more years. I was shocked and continue to feel sad even now, pretty much my entire day is gone thinking about this. Ex. Finance Minister Mr. P.Chidambaram, couple of days back, when asked by press as...
Taxing Time
Dear Friends, Most of us typically run around for Tax Saving options during the months of Dec, Jan and Feb to exploit section 80C benefits and minimize taxes. There are a plethora of investment options under Section 80C including: Employee Provident Fund (EPF – company deducts this through payroll and this is an amount that everyone in organized employment saves), Public Provident Fund (PPF), 5 Year Tax Saving Bank Fixed Deposit, National Savings Certificate...
Indian Equity Markets Update
Dear Friends, As I am writing this blog the Sensex has moved up by more than 400 points and Nifty by 130. This is subsequent to the fall of Sensex closing below 24000 and Nifty by 7250. Why are the markets behaving in a bizarre way with high volatility? No one knows the precise answer as that is how Stock Markets around the world behave and you can attribute only a few factors to...