Here's how you can make a financial plan that will help you create wealth even in the face of an economic meltdown.
According to an analysis of the changes in the listed companies' shareholding patterns since the beginning of this year, the number of companies where foreign institutional investors have raised their holding is bigger than that of those where FII holdings have gone down.
In a year that saw inflation touching a 13-year high of 12.82 per cent in August, the 150 million cases beer market grew by 15 per cent, according to All India Breweries Association figures. The wine segment, which has a total market size of around 1.5 million cases, posted even a higher growth rate of 30 per cent, as per International Wines and Spirits Record, while other alcoholic beverages, with a market size of 190 million cases, grew at 15 per cent.
India's auto component makers are facing one of the biggest crises ever. With the domestic market in the doldrums and the exports to the American market badly hit, many companies are on the verge of shutting down.
CPI-M- MP from Serampore, West Bengal, Santasri Chatterjee said the government should understand that the Unorganised Workers' Social Security Bill in its present form would not be able to fulfil the aspirations of the workers in the sector. BJP MP Satyanarayan Jatiya said 94 per cent of the workforce falls under the unorganised sector and there was a need to set up a mechanism to look into their specific needs.
China's Zheng Jie capitalised on a final set meltdown by world number one Dinara Safina to reach the quarter-finals of the LA Championships with a 7-5, 4-6, 6-4 victory over the Russian on Thursday.
The country must thank God and the previous Reserve Bank of India Governor Y V Reddy for safeguarding the banking system in India from the global financial meltdown, Punjab National Bank's chairman and managing-director K C Chakrabarty said on Sunday.
French carmaker Renault on Thursday posted a net loss of 2.7 billion euro for the six months ended June 30 as all its major markets shrank due to the global economic meltdown.
Maintaining a bullish stance despite the meltdown in the stock market, renowned fund manager Madhusudan Kela on Wednesday said the current fall gives great opportunity to buy good stocks. He said Market will be in consolidation mode for the next 4-6 months. Investors should start buying into high conviction ideas. On the sectoral front, for the next 2-3 months bank stocks may not see any great news and the amount of derivative losses is yet to be measured.
On slashing down prices, P Balendran, vice-president GM India, said the firm which had been offering discounts ranging from Rs 20,00 to Rs 50,000 across the range, besides a discount of Rs 3,000 to Rs 5,000 to government and PSUs during the festival season would continue it (discount) till the end of this month.
The subprime crisis and the ongoing financial crisis and the economic downturn may get worse before it gets any better in the American economy and the effect might as well spill over to 2010, warned American economist James R Barth.
His faith in India remains unshaken but steel magnate Lord Swraj Paul has little doubt that it will suffer badly in the current global economic meltdown, a view contrary to that of many economists who feel that the country's strong domestic economy will help it deal with the crisis.
'You'll find more wisdom on such matters in a Sara Ali Khan interview,' says Sukanya Verma.
"We have not laid off anything. The lay-off could happen in future in case the demand further goes down," DLF chairman K P Singh said at an Assocham event in New Delhi. He clarified that as of 'today' DLF has not laid off anybody.
'After Vajpayee-Advani, Modi-Shah is the second best in India.'
The Indian market has corrected a lot already. Valuations are clearly more attractive than they were earlier this year.
Despite its massive population, India faces worker shortages in many sectors. Rapid growth means businesses must offer higher wages to keep employees
The inflation was 11.80 per cent a week ago. The index for fuel prices declined by 1.1 per cent on account of lower prices of naphtha, aviation turbine fuel and furnace oil.
These elite up-and-coming companies have more than just great financials.
Mature markets globally have either become saturated or have slowed down. The emerging markets have therefore become strategically important for these companies. The contribution of Indian operations to the global sales of these multinational behemoths is still small -- 1.5 to 3 per cent -- but this share is bound to grow given the buoyancy in the Indian market.
Gold prices on Friday reached an all-time high of Rs 14,200 per 10 gram in the Delhi bullion and analysts said the trend is likely to continue in the coming days.
Are you planning to buy a flat in the near future? If yes, then should you wait for another 6-9 months given the global meltdown in financial markets?
Most of the 30-Sensex constituents led by M&M, Adani Ports, BhartiAirtel, Bajaj Auto, Hero MotoCorp, ICICI Bank, Sun Pharma, Cipla, HDFC Ltd, ONGC and Hind Unilever were trading in negative terrain, falling by up to 5.77 per cent.
'Rawalpindi must downsize its quest for 'strategic depth' in Afghanistan and Kashmir,' suggests Matein Khalid.
The one total disaster scenario for global markets has always been if investors lose confidence in dollar-based assets.
'It was really challenging to score off both the quicks and the spinners. It was just a grind'
Once your fallen predecessor is gone and the crisis PR managers have departed, as CEO of a damaged vessel, the board is expecting you to lead the corporation
India coach Anil Kumble gave a measured response on Friday after his team's spectacular collapse against Australia in the opening Test, calling it just one bad day for his world No 1 team.
Fifth seed Elena Dementieva recovered from a mid-match meltdown to beat fellow Russian Nadia Petrova 6-1, 6-7, 6-3 on Tuesday and reach her first Wimbledon semi-final.
Cumulatively, the total investors' wealth has got eroded by about Rs 2,82,000 crore so far this year.
However, in the long run, one could expect Emaar MGF to do an encore of DLF. Long term investors who buy into the great Indian growth story will reap handsome rewards from this issue.
The 50-year-old, who has had a troubled history with drugs, alcohol and prostitutes, said he paid out "enough to bring into the millions" to keep the illness a secret.
The market meltdown since its January 8 peak has made private investments in public equity (PIPE) unprofitable as 2007's deal size of $5.31 billion is currently valued at $5.29 billion.Of the seven deals in the real estate sector, five are profitable while two made losses. Similarly, of the 17 deals in manufacturing sector, 13 reported loss.
Images from Day 3 of the 2020 French Open at Roland Garros, in Paris, on Tuesday.
Talking to reporters after trading on the bourses was suspended, he said that the Reserve Bank of India and all the other banks have assured that liquidity to brokers will not be an issue.
Stock investors can expect another rollercoaster ride on Dalal Street this week as the equity markets remain vulnerable to meltdown in the US sub-prime mortgage
Smaller enterprises who are already fighting a losing battle on various fronts will see credit tightening.
For the first time, Dhoni entered the field of play for an angry confrontation with umpire Gandhe
The domestic market is likely to continue reeling under the sharp bearish tone adopted by overseas investors, with continuing meltdown in global markets like the US and China providing further impetus, analysts believe.
David Goffin put the visitors ahead by beating Lucas Pouille in the opening singles before Jo-Wilfried Tsonga levelled for 1-1 when he defeated Steve Darcis in the second singles on Friday.