With a reverse of trend the home loans had become cheaper in the beginning of the year. But with inflation and plunging stock prices, even home loans have not been spared and are going to become costly again. There was an expected rise on home loans also following inflation rates touching double digits. Only a mere formality was left. With SBI announcing the i..

The equities plunged today extending a worldwide global trounce that occurred due to the rising prices of crude oil. The shares that were affected the worst due to the price rise were real estate, auto shares and banking. During the opening slot the Bombay Stock Exchange or the BSE was down by 505 points which is a low of about 3.5% at 13,917.02.

The sturdy decision of the Reserve Bank of India (RBI) to hitch up both of its short-term lending rate and the minimum cash balance commercial banks have to maintain may have made many frown but there is nothing to worry as it has got its biggest advocator, the Union Finance Minister P Chidambaram. The Union FM in a bluff mode advocated each and every progress..

The population of poor people in India is the highest in the world. According to a recent research most of the people living in India survive on less than a dollar a day. Ironically India also sets the record for producing millionaires at the quickest pace in the world. In the year 2007 the world produced High Net Worth Individuals or the HNWI A at the slowest..

China is a culturally rich country in East Asia. China has  the world's longest continuously used written language system. "Four great inventions of Ancient China" are-paper, the compass, gunpowder,and printing. It is the most populated country in the world. It shares its border with Mongolia, Russia to the North..