Petroleum Prices reduced again
Oil Prices have a downfall again today with the consequences of Europe’s political and economic issues- although bargain-tracing is highly providing a sheer support, reports mentioned. Crude oil’s prices have also been trending downwards and world’s major oil producing countries mentioned that they’re soon going to boost up their productions in order to put the prices at sustainable levels....
May 9th, 2012 by admin
Cipla brings down it’s cancer drug prices by 76%
Drug Giant Cipla has recently reduced its prices of life saving drugs which are basically needed in the treatments of lungs, brain and kidney cancer. Reports say that this particular move has taken by Cipla only after the Government allowing NatCo Pharmaceuticals, a domestic firm to sell the Generic version of cancer-medicine Nexavar at a very nearly 97% reduced price than it was previously charged...
May 4th, 2012 by admin
Route to EMI-cut might not be so smoother
At last there is a downfall!! After reaching to the sky-top, now it’s time for the interest rates to come down a bit. Some people expected this while the others did not, but RBI Governor Mr.D. Subbarao has surprised everybody by decreasing ROPO Rate by 50 basis points!! It’s simply like hitting a sixer when there is no expectation of a boundary. The interest rate-cut will relief those who...
April 23rd, 2012 by admin
Urine will be transformed into drinking water
According to a British Nanotechnology expert, a new technology is being invented to make drinking water from urine. The project is funded by Mr Billionaire Bill Gates. The Daily Mail reported quoting to Manchester University’s Sarah Haigh that the invention is intending to make safe to drink water from toilet waste water. She thinks that the new stuffs could draw out new energies from human waste. This...
April 8th, 2012 by Ethan Hunt
Saving tax payments with proper health insurance coverage
Insuring the welfare of one’s family is the concern of every human being. With diseases such as diabetes, heart disease, cancer, asthma and AIDS on the rise, it’s extremely essential to have some sort of health insurance.Medical insurance provides you with real convenience and ease in times of distress and trials. For those who are facing tax trouble, health insurance could be a feasible option...
March 27th, 2012 by admin
Higher trends of spending through credit cards
Total number of outstanding credit cards in India has continued to be quailed in this financial year also (2011-12) as India’s largest credit card issuing bank ICICI has continuously made a clean-up in March in this year. Most of the foreign banks like Standard Chartered Bank, HSBC, RBS, and Barclays also made a contribution by sending lower numbers. The bankers are saying that once again the credit...
March 24th, 2012 by admin
Business social networking in India
According to the TRA or Telecom Regulatory Authority of India, there’s a speedy rise in the number of Internet addicts in India and the figure has reached a whooping 121 million in the year 2011. The year saw an incredible growth in the number of users and their action in terms of engagement levels, time allotted and excellence on several social networking sites.Urban cities such as Kolkata, Delhi,...
March 22nd, 2012 by Ethan Hunt
How much tax will you save?
Notes- Tax has been calculated adding Education Cess with it. Senior Citizens (age group of 60-80 years) will get tax relaxations up to Rs.2,50,000 Income. Aged senior citizens (over 80 years of age) will not be required any tax payment for their income up to Rs.5,00,000.
March 17th, 2012 by admin
Budget 2012-13: Costlier & Cheaper things at a glance
Costlier things:- Cigarette, handmade bidi, Pan Masala, Guthkha, Tamak. Refrigerator, Air conditioner, Railway AC coach travelling fair, Washing Machine. Restaurant food cost, Hotel staying cost, Air Travelling fare. Mobile & Landline call charges Imported Digital Still Camera, Watches, Soaps, Cosmetics, Packaged Food. Bi-cycle. Gold Bar, gold coins, Gold ornaments, Imported Platinum, Imported...
March 17th, 2012 by Ethan Hunt
RBI reduced CRR again
No interest rate cut-in order to fastening the process of GDP & rate of industrial growth, but RBI has walked through the path of reducing CRR margin again. This is the second time in last one and half month they have done the same thing. Yesterday, RBI has reduced its CRR margin by 75 basis points. It is now come down to 4.75% from 5.5%. RBI has claimed that due to this change, the commercial...
March 11th, 2012 by Ethan Hunt