HDFC Bank want their customers to opt for Email Statements. But why? The bank says it is more convenient for us (customers) and it supports the environment too. Oh yeah it supports the environment but they forgot to mention one thing. It increases their "Net Profit" as they save lakhs of rupees as postage. I [...]

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%. [...]

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 [...]