Its budget time again! The Indian Union Budget for the fiscal year 2011-12 will be tabled in Parliament on Feb 28th 2011. The budget session of the parliament will start from Feb 21st,2011. The Railway Budget 2011-12 will be tabled 2 days before the Union Budget 2011-12. The first session of the Budget would end [...]

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Production  of  renewable  energy does  not cause  carbon  emission, but consumption  does.  Carbon  emission  is caused by production  as well as  consumption  of  non-renewable  energy. Therefore, emphasis  around the  world  is  being laid on innovation  towards  cost-effective  production  of  renewable energy like solar  power and wind  power. The Bureau of Energy Efficiency (BEE), the nodal [...]

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Economic growth is traditionally measured by the increase in a country’s output of goods and services (GDP). Faster growth in the output of goods and services in an economy will give rise to incomes for everyone (of course some will earn more than the others). Thus, higher incomes would make more people to purchase (goods) [...]

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The markets are on a downtrend since last 2 months. Analysts are confirming now that the market long term trend looks bearish now. All major support levels are getting broken daily. Among the index stocks, Tata Steel, State Bank and NTPC gained profits somewhat between 1.2% – 0.8%. The one to achieve highest profit of [...]

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Leaving behind the all time safe sectors of pharma and FMCG, BSE Sensex closed at 21,005, the highest ever record after Diwali. While IT index of BSE hiked about 3%, real estate to its contrary fell down by 40.4%.Stocks like DLF has fallen from 350 levels to 220 odd levels. HDIL fell from 260 levels [...]

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