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Wake up call for housing loan payers 2008-06-24 22:27:29 Reserve bank of India (RBI) has created second line of defense again inflation by hiking both the cash reserve ratio (CRR) and (Repo) rate by a steep 50 basis points. RBI first priority is to now control prices and keep inflationary expectations at bay.
Cars, home and personal loans would be more expensive for new borrowers.. [...]
Futures Home loan rate 2008-06-22 18:31:21 The RBI’s decision to hike the repo rate is a clear indication of the fact that rates have been hardening for some time. It is not necessary that the impact of the rate hike would be felt immediately. The liquidity scenario had to be brought under check. The RBI has made use of the rate [...]
Stock market in coming days for Retail investors 2008-06-20 06:40:41 With double digits inflation rate 11.05% , market has responded it quit badly. Stock
indexes touch the 2008 lows. Oil companies, automobile sector and real estate companies are most affected by all this.
At this moment we suggest the retails customer should not enter in market because of volatility in market, High oil prices and un-stable [...] Read more:Retail
Inflation @ 11.05% 2008-06-20 01:36:42 Inflation on 7th June 2008 in India has crossed 13 years record of inflation with 11.05%
Food commodities are down by 1.1%
Non food articles are up by 1.4 %
Oil pack is UP 7.1 %
ATF is raised 14 %
More RBI action is on the cards on CRR and Rev Repo rate.We are hoping the see double digit [...] Read more:Inflation
Cost of Living Delhi India 2008-06-18 04:35:39 Delhi is one cheapest city in India
. Delhi is capitol of India, so there would be lot subsidiary provided government of food and gas prices.
Delhi, India
Cost
House/Accommodation
2 Bhk Apartment - $ 300
Transportations
1$ for complete day ride
Grocery/food prices
$ 250 a month on modest food for home cooking
Medical insurance
$ 50 per Year
Energy/Gas prices
$ 4 per Gallon
Read more:Living
RBI guidelines for mobile payments 2008-06-15 06:44:57 With India having second largest subscribers of mobile phones in world, Indian banks were exploring feasibility of using mobile for the banking. Some of the Indian banks e.g. ICICI bank, HSBC and few other has already launched few services on mobile. Considering the technology is relatively new and due care need to be taken for [...]
Volatility Index 2008-06-15 00:45:33 Volatility Index
is way to measure of market’s expectation on volatility over near term of volatility over the near term.
Volatility is described as the “rate and magnitude of changes in prices” and in finance often referred to as risk. Volatility Index is a measure, of the amount by which an underlying Index is expected [...] Read more:Volatility
Cost of living Barcelona, Spain 2008-06-04 04:05:43 Barcelona, Spain
Cost
House/Accommodation
1200 Euro a month for 65sq mtrs,
Transportations
2 Euro for single rides
Grocery/food prices
200 Euro a month on modest food for home cooking
Medical insurance
600 Euro
Energy/Gas prices
75 Euro
Common bills
DSL internet 40 Euro a month Phone line 31 Euro a month Cell phone 35 Euro p/m
Traditional restaurant
8-15 Euro per plate
Beer or a co Read more:Barcelona
Simple Tax calculator 2008-05-25 12:19:48 Fundsoutline is proud to provide a simplest free tax calculator for all our friends. It takes mimnum values to calculate your tax.
Try it I am sure, it will help in managing your taxes
Simple
Tax calculator
Tough time 2008-05-25 09:18:58 Indian people will see tough time in second quarter of this fiscal year. Petrol prices taking new height will all set to destroy your house hold budget. Prices of all common basic commodities will rise. Indian government will all set, transfer burden of rising crude price to common man. Inflation is continuing to heading towards [...] Read more:Tough
Next support level for nifty 2008-07-03 22:53:34 Nifty is struggling at current level
, if it breaks 3850, and then next level would be 2200. India is still fighting with rising crude prices, Inflation figures and political insatiably.
RBI is ready take another step in CRR rate hike. All the steps taken by RBI are effective but making slow impact, which is not at [...]
Crude’s side effects 2008-07-03 22:40:03 Crude has gone past USD 145 per barrel mark and rate hike is expected from European market. Experts feels, if the USD 147 per barrel level is broken, then crude is slated to touch USD 156.85 in next three months, which point there would be a very sharp correction. Correction can take crude to level [...] Read more:Crude
Revised home loan rates by banks 2008-06-30 23:24:12 Banking leader increased interest rates, now home, auto and other retail loans will cost up to 0.75 per cent more. HDFC, ICICI Bank and SBI on Monday announcing an increase in interest rates after squeeze in money supply from RBI
Floating rate
Fixed rate
HDFC bank
10.25 %
For Old customers (10.75 %)
14 %
ICICI Bank
13.5 %
(Please check with [...] Read more:banks
Cost of Living Noida India 2008-07-16 05:00:12 Noida is another suburb on Delhi beside gurgaon. Noida is full different industries, It become first choice of all industries, after Kanpur in North India
. In the race of attracting foreign companies, it’s failed from gurgaon because of not having Airport and Infrastructure provided by government,
Noida, India
Cost
House/Accommodation
2 Bhk Apartment - $ 200
Transportations
1$ for compl Read more:Living
, Noida
Cost of Living Gurgaon India 2008-07-16 04:52:45 Gurgaon is suburb on Delhi and most advanced city of Haryana State. City has become IT hub for most of IT companies. There are lot of financial giant have there offices too.
Gurgaon , India
Cost
House/Accommodation
2 Bhk Apartment - $ 350
Transportations
public traspost is not there. Better to take new/old from local vendorsTaxi: $15 for local rides
Grocery/food prices
$ [...] Read more:Living
Cost of living, Banglore Karnathaka India 2008-09-10 14:13:01 Banglore, At an altitude of 920 metres above sea level, Bangalore remains pleasant through the year. The city is spread
over an area of 2,190 sq. km. With over 250 hi-tech companies, it is justifiably, the ‘Silicon Valley’ of India
.
House/Accommodation
2 Bhk Apartment - $ 250-270
Transportations
Public transport is good. costing about 2$ for complete day ride, [...]
Cost of living, Chandigarh Punjab India 2008-09-10 14:08:43 Chandigarh , situated at the foothills of the Shivalik hills, is designed by the French architect Le Corbusier. It is not only a Union Territory, but also the capital of the India
n states of Punjab and Haryana. Chandigarh owes its name to the goddess Chandi Devi, whose temple is situated in the foothills near the [...] Read more:Chandigarh
Cost of living, Amsterdam Holland 2008-09-28 16:56:22 Amsterdam is an Capital of Netherlands and no doubt. Its wonder full city for tourist and youngsters.
House/Accommodation
2 Bhk Apartment - 900 Euro
Transportations
Public transport is good. costing about 6$ for complete day ride, In taxi auto will take 15 Euro for one side ride
Grocery/food prices
250 Euro a month on modest food for home cooking
Medical insurance
100 [...] Read more:Amsterdam
, Holland
Indian market will boom on Monday 29th Sep 2008 2008-09-28 16:36:56 This week-end has bring two good news for Indian- stock market. I am sure market will even support it. N-Deal and bail out plan for US will definitely bring investor back in market at least this week. Power companies will surely see huge curve today, after passing N-deal. There is almost $ billion [...] Read more:Monday
$700 billion dollar lottery 2008-09-28 16:25:49 Today US Congress agrees to give $ 700 billion
s to banks, for saving US financial system. For sure this great help for banking system in US and word-wide. It will bring out the confidence in banking system. Political parties have done tremendous job in this. This will surely help wall-street and stock market [...]
Plan your tax now with Mutual funds 2008-10-14 01:58:32 Asking for plan you taxes now with mutual funds would be little it surprising now, where stock market is tumbling. Well the reason behind this that now Mutual
funds are so attractive that there is now point that you going loose your money now. There are some funds that launched last year and previous years [...]
Good news for Indian House loaners 2008-10-14 00:10:30 Finally some body will have Good news , This time it would be House
loaners
India in pressure from market for interest rate cut, this follow the housing interest rate cut. Now condition are changed now OIL is down to $80-95 from $135, inflation is also coming under control. There is no point of having [...]
US Mortgage crisis on India 2008-10-11 17:34:14 Lot of India
are surprised where world biggest banks are gone in this and not even a single Indian banks has showed anxiety or fear about this. Where countries like US and UK and nationalized there banks .
Are [...] Read more:Mortgage
Another crisis 2008-10-11 17:07:03 Everybody across world has already felt, US home Mortgage crisis. Almost every big banks has lost there billions dollar in this or lost their identity in this. Is it over now ?
I think in all this people have forgotten one major crisis, which started early this year, but some where it lost its identity in [...]
Non stop Dollar rocket 2008-10-11 16:49:26 US Dollar
is record high against rupees touching mark of 49.4. This can be good exporters and all those people who have lots dollar in their account. We feels that dollar will cross sentimental mark of 50, in coming days
With going economic crisis this instability in rupees in on the card for the coming months. [...] Read more:rocket
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