Finance Management

When you finish studies and start looking for a full time job, your experience will, to a large extent, be shaped by prevailing economic conditions.  In some years, firms throughout the economy are expanding their production of goods and services, employment is rising and jobs are easy to find. In other years, firms are cutting [...]

Gross domestic product is the market value of all final goods and services produced within a country in a given period of time. This definition might seem simple enough. But in fact, many subtle issues arise when computing an economy’s GDP. Let’s therefore consider each phrase in this definition with some care. GDP is the [...]

Adding zing to the debit card The debit cards versus credit cards war has intensified with IDBI Bank launching its Magic Card for salary account holders. This debit card can also be used as a credit card if you need cash, but at a much lower interest rate than regular credit cards. You can get [...]

The buoyant year offered important takeaways for the small investor. I can conclude at some key lessons. Stocks fell, bonds rallied, gold shot up and foreign markets fared better. Diversification really works The biggest lesson of 2011 is also the oldest. It found a forceful reinforcement as the investors, whose portfolios had a wide spread [...]

Political philosophers hold various views about what role the government should take in altering the distribution of income. Political debate among the larger population of voters reflects a similar disagreement. Despite these continuing debates, most people believe that, at the very least, the government should try to help those most in need. The government should [...]