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Sunday, October 12, 2008
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YOUNG INVESTOR: How to make bank deposits a safe cover
When rumours about the financial health of a private bank began to circulate last week, people queued up at the bank’s ATMs in the wee hours to withdraw money. One of my friends who had large sums parked in fixed deposits with the ...

TAX TALK: Reaping income-tax benefit for treatment
I was working in a private company but resigned as I was diagnosed with breast cancer in 2003. I underwent surgery and I am under medication. I am spending around Rs 2,000 a month on medicines and around Rs 8,000 a year ...

SIMPLE ECONOMICS: Why beer seems cheaper than water
My friend frequents an upscale neighourbood pub. He complains that the pub charges him premium for providing bottled water but generously gives him free side-eats such as wafers and salted nuts. What, he wonders, is the logic behind such ...

YOUNG INVESTOR: Note the notes
Investors draw conclusions about a company’s performance from numbers as captured in its profit and loss account and balance sheet. But these numerical indicators don’t explain much about the source and the quality of ...

MICROMOTIVES: What ‘long-term’ portfolio? Risk management for the trader
Stock prices are down more 50 per cent down from the all-time highs. This sharp decline in prices has resulted in large losses for even the astute traders. Most “investors” continue their loss-making exposure under the pretext ...

F & O OUTLOOK: Another volatile swing on the cards for Nifty
Bears tightened their grip heavily on the markets causing one of the steepest falls in the history of ...

BOOK VALUE: Corporate reporting reduced to form-filling
Browsing through Indian annual reports, what comes as ‘the overpowering feel’ is of ‘form-filling and compliance fulfilment,’ rues Shankar Jaganathan in Corporate Disclosures: The Origin of Financial ...





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Markets (Oct 11)
Nifty (at close)3279.95(-233.70)
US Dollar (Buy/Sell)48.45/46
Brent crude (a bbl) Rs3,595
Gold (a gram) Rs1,231
Silver (a kg) Rs18,340


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