If this really happens smoothly….! XBRL is the new way of presenting data – substantially accounting data, though of course it can be non accounting data also! In the US xbrl data has a common nomenclature for xbrl…now the government of India is planning to do the same thing… http://www.financialexpress.com/news/Centre-to-set-up-common-database-for-all-regulators/708894/
The general consensus among big bankers and fund managers is that NTPC is a good buy. I am not here to say whether it is a good buy or not. In fact personally I hold enough NTPC in the family portfolio to be happy about the consensus view. However this article is about NTPC as […]
In a severe blow to the Anil Ambani group (Adag) seeking cheap gas from elder brother Mukesh-led RIL, the Supreme Court on Friday (today 7th May, 2010) said that the Government of India has the right to the last word on pricing and utilisation of national assets like gas. The court held that all the […]
You got educated, got married, started investing and quickly you were convinced you should pay for your kids college expenses. So you invest more for your kid’s education and less for your own retirement. No I am not arguing against that. That is for another post! Some big chunk of business that the financial services […]
Are you a little surprised at the title when the government is proudly talking of inflation at -1.56%? Well you should be! But look at the ground reality. Monsoon is not great – this is bound to put a lot of pressure on dal and vegetables. Luckily for us oil is not rearing its ugly […]
Enrolling in the National Pension Scheme (NPS) is very simple. You will go to the nearest point of presence (PoP) and do the necessary documentation. Keeping in mind the banking KYC this will involve carrying proof of residence, pan card, 2-3 passport size photograph, etc. and fill up the prescribed form with the required documents. […]
October is a particularly dangerous month to speculate. The others are January, September, April, February, July, November, June, August, March, May, and December. or something to this effect was said by Mark Twain. One of the main reasons why people lose money in equities is people speculate instead of investing. Trading is not investing! So […]