I know lot of people that are hesitant to use their Credit Cards online due to the fear of fraud and misuse by hackers. Few of them would like to use a Credit Card but may not have one due to the income streams applied for getting a card. Some bank such as Bank Of Baroda offers Credit Cards without fulfilling basic salary limit but then you need to have a fixed deposit with them. Apart from that they would also ask for submitting final income proof. But then I recently came to know about HDFC Bank ForexPlus Card, when I called up customer care people to know whether I could use this card as a prepaid one they said they are doubtful about it. In addition, customer care person suggested to me use HDFC Bank NetSafe, although I was aware of the service I never tried the same but this time I wanted to.

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What is a Yield?
Yield is the interest paid by the bond expressed as a % of its current market price. E.g. the yield of 7.99% 2017 G Sec at market price of INR 100 will be 7.99%, at INR 90 will be 8.87% and at INR 110 will be 7.26%.

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For the week ended 15th March’08 inflation numbers came in at a high of 6.68% as compared to 4.89% on 16th February’08. Inflation is the rate in change in the Wholesale price Index (WPI). The three major components of the WPI index are a) Primary Articles with a weightage of 22.02%, b) Fuel, Power, Light and Lubricants with a weightage of 14.23% and Manufactured products with a weightage of 63.75%.

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