As you probably know almost all global markets (especially the emerging markets) are correcting and all of them have corrected sharply. It doesn’t matter whether you are from India or China or USA, the recent fall in stocks would have affected you. I’m sure that you must be in a panic situation now even I’m [...]
It turns out millionaires are just like us–but they have a lot more money. When asked about their secrets to success, they don’t cite anything magical or rare, but rather the steady application of wise investing strategies, hard work, and, believe it or not, a degree of frugality. Here are 10 secrets of millionaires’ money [...]
In almost all instances, the root cause of a financial crisis is an asset bubble. But how does this bubble form, what finally causes it to pop and how can investors profit before it goes bust? In order for a market to attain the excessive valuations necessary to prompt a crisis, a prolonged period of [...]
Our symbol, ‘Reliance APEX’ conveys the spirit of resolve, the urge for progress, the human desire to reach higher, and the aspiration to ‘always look to the future’. The APEX is the highest point – the pinnacle – an abiding symbol of hope and optimism, achievement and success. The new identity has a combination of [...]
In: Money & Finance
21 Mar 2009The fiscal deficit is the difference between the government’s total expenditure and its total receipts (excluding borrowing). The elements of the fiscal deficit are (a) the revenue deficit, which is the difference between the government’s current (or revenue) expenditure and total current receipts (that is, excluding borrowing) and (b) capital expenditure. The fiscal deficit can [...]
Berkshire Hathaway reports a rough, down 2008, cheered up by preferred-stock investments Buffett likes. Berkshire Hathaway reported today that its net worth fell in 2008 by $11.5 billion, a decline reducing its per-share book value by 9.6%. That was Berkshire’s worst result in the 44 years that Chairman Warren Buffett has run the company and, [...]
Between Feb. 9 and Feb. 23, the Dow Jones Industrial Average dropped more than 1,100 points. If it kept plunging at that rate, we’d hit zero before you knew it. Of course, that won’t happen. No matter how ugly the markets get, the pain we saw over these past few months can’t continue for long. [...]
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