Business Daily from THE HINDU group of publications
Sunday, August 31, 2008
ePaper | Mobile/PDA Version | Audio
Business Daily from THE HINDU group of publications Sunday, August 31, 2008 ePaper | Mobile/PDA Version | Audio |
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COLUMNS YOUNG INVESTOR: Put ‘idle’ cash to use I am sure all of us have a savings bank account and our salaries or professional income is deposited there every month. And many of us may not be even aware that the interest of 3.5 per cent per annum that we get on our savings account balance ... BOOK VALUE: Struggle for a share of affluence Are we spending too much time scratching our heads about places like Kabul and Baghdad and paying too little attention to Shanghai, wonders Gabor Steingart in ‘The War for Wealth’ ( TAX TALK: ‘My grandfather died without leaving a Will’ My grandfather who expired 15 years ago, left a property, which was in his name, without any Will. The property is still in his name. ... F & O OUTLOOK: Sideways movement seen for Nifty future Thanks to a sharp Friday rally, the Nifty September future finished marginally higher at 4370.55 against its previous week’s close of 4320.15. This, however, came on the back of high volatility, with Nifty futures touching a low of 4209 ... SIMPLE ECONOMICS: Lost in the flavour? I was recently invited to a typical “all-you-can-eat” buffet. It was interesting to observe adults and children display contrasting eating behaviour. Adults typically heaped their plates with food, perhaps, twice the weight of ... MICROMOTIVES: Why hedge funds may be good for Indian markets The Draft Report of the Committee on Financial Sector Reforms headed by Professor Raghuram Rajan was issued for comment in April 2008. Among the proposals that the high-level committee made was the introduction of domestic hedge funds. The ... YOUNG INVESTOR: Take note of ‘depreciation’ It is common knowledge that depreciation is a measure of accounting for the wear and tear of an asset arising from use, obsolescence or passage of time. It is important to keep track of the depreciation figures reported by a company as a steep ...
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