Whats happening Around Us.

NIFTY 50 closes at  11143.65  -0.17  % and  SENSEX at 37901.50  -0.08  % Stock Market Today. Stock 2020. Market Today closes. Closing Bell. NIFTY 50  11132.60  -0.27  % SENSEX  37871.52  -0.16  % As the price of Gold and Silver moves , we see a slip in market today 2020. Good news for IT companies, as government gives a nod for work from home for the year 2020

income tax, income tax india efiling, incometaxindia, nsdl pan status, income tax return A home loan often means all the more caution with money management and monthly budgets. It also means some smart thinking on the part of the individual who is taking up the home loan. Apart from things like evaluating fund flow, future job prospects, negotiating a pay hike, understanding loan eligibility, maintaining a good credit score and getting the best interest rate in the market, one also needs to consider the possibility of opting for a joint home loan! Who can opt for a joint Home Loan? Banks insist that all co-owners of the home must be co-borrowers in a joint home loan. - One could team up with parents or the spouse to be able to maximize the benefits of a joint home loan. - Some banks allow brothers to take a joint home loan provided they opt to become co-owners of the property. The exceptions are sisters, friends or unmarried couples living together as most banks generally do...

With an increase in fuel prices ,petrol by Rs 5 per litre, Rs 3 on diesel and Rs 50 on LPG cylinder, together with customs and excise duty cuts by the central government in an attempt to save the oil marketing companies from bankruptcy, what will be further impact on inflation. Definately inflation will take a upward move. As per Economists inflation will flare up to 13 year high of 9.2 percent due to the price increase. A high inflation rate affects the consumer at the retail level and the corporate profits too. The cost of living rises and the consumer has to pay more for the same goods and services.At the corporate level, the higher cost directly impacts the bottom line. Their inability to pass on the price increases to the consumer further squeezes their margins. This in turn directly affects the stock markets, which prices future earnings of all companies listed with it.

As told by my one of the friend in response to my previous blog about inflation, the current inflation in the market is because the real estate prices are to rise. Among metros Kolkata is worst affected by inflation. The consumer price index (CPI) for the country as a whole moved up only 6% in March , lower than the wholesale price-based inflation, as per data released by the Central Statistical Organisation. Home budgets have seen huge increases in March as prices of vegetables oils, milk products and cereals rose sharply. The only respite for consumers has been on the fuel price .

Indian Economy may be down, but certainly not out. Even as software biggies are doling out less generous hikes this year, FOREIGN INVESTORS have reaffirmed their faith. Faced with a challenging business environment in the wake of the US subprime crisis, software mojor Oracle has pared annual salary hikes while IBM is cutting employee perks. The average salary hike at Oracle India is down to about 7-8%, dipping to 5% in some cases. On the other hand , IBM India is attacking fringe benefits offered to its middle management-it has withdrawn the free-housing(on lease) facility recently. The question comes why? Answer is lower work orders from US, which in the midst of a slowdown -turning into recession due to subprime lending crisis.

Why so much inflation, is the first question which every common man in India has. What has happened to the Indian economy? Who has this answer, who should be questioned. Prices are rising exponentially day by day. What can the common man do. Survival is becoming a challenge. Fruits like banana which any one could afford purchasing is costing Rs. 24 per dozen. Take any commodity, may it be oil, or pulses or any vegetable, cost has increased. What should be done, what are the steps government taking. Can anybody answer.