The Debt market is for trading in Government Securities, which bear different interest rates and different maturity values, e.g 7.4% 2012. Here, 7.4% represent the interest rate, but daily yield is calculated for each instrument based on the Yield formula, which is inversely related to the price. These are the securites offered by government to Institutions. Goverment … [Read more...] about Debt Market….
Get Together…
Today attended Company Secretaries get together, it was organized at Coffee Home, CP. All were part of 86th SMTP batch of NIRC ICSI. Though everybody didn't turn up, still it was fun ! … [Read more...] about Get Together…
US Laws…
Now after Mr Modi's visa was rejected by US, the BJP says it's an insult to our Constitution. But they didn't back me up, when my tourist VISA was rejected ;) Really, I had the same words that US Law is an Insult to an Indian Citizen... The US law provide unless you show strong ties to India, when applying for a non-immigrant VISA, you will be assumed as an Immigrant. … [Read more...] about US Laws…
SIFY Success….
Under other reliefs @ relief no 2 we asked in the petition against SIFY as follows... "2. To remove the word “Broadband‿ from their service name. As it does not satisfy the definition of BroadBand laid down by Telephone Regulatory Authority of India (TRAI)." It was really great to find the following article in Economic Times today, which proves SIFY is misleading … [Read more...] about SIFY Success….
Budget blues….
To curb the black money in the economy, finance minister has come up with a new provision in the current budget. Which says every transaction through cheque, draft, ATM above Rs 10,000 will be liable to tax at Rs 10 for every Rs 10,000. This will help in bringing the payments made by businessmen, who otherwise do not pay tax but make payments through cheque/DDs, to the notice … [Read more...] about Budget blues….
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