Insurance companies Tata-AIG and Oriental Insurance will take a major hit on account of damage to the properties suffered at iconic Taj and Oberoi-Trident during the terrorist violence that ended earlier in the day.
Both the five-star hotels, which witnessed major casualties and excessive property loss during the past three days, were insured against terrorism and [...]

My heart aches as I write this blog entry and I feel angry and helpless at the same time witnessing the events that were unfolded in last forty eight hours. Mumbai — the city of dreams, — the city that doesnt sleep, — the economic capital of India came to a standstill and we witnessed [...]

Something horrible is happened in Mumbai. 120 people are dead and 250 injured in a coordinated series of attacks on luxury hotels, train stations, and tourist attractions in India’s financial capital – Mumbai. At least seven sites were struck. And the death toll could easily climb much higher. 60 lifeless bodies and over 200 injured [...]

Ever wondered what is the value of 500 Rs for different people in today’s world ? Watch this video and judge yourself. An Interesting movie found at you tube. Think before you spend!

Who hasn’t heard the name ICICI? The world famous Industrial Credit and Investment Corporation of India (ICICI) Bank, recently had a tough time dealing with the unexpected rumors, spread all over the market, pin pointing the financial condition of the bank.
Although, it’s the largest Private sector bank- in market capitalization, and second largest overall [...]

What so ever may be the reason for this crisis, but, right now, the first requirement is to join hands and make the situation better, because all of us are in the same position and have a common fear.
Every human being from a small investor to a company’s director or some minister, each and every [...]

A perfect storm had hit the world, so, how can India be indifferent to it? The impact of the crisis is so vast that, even the Finance minister had to cancel his scheduled trip to Washington.
According to a spokesperson, the decision was made, so that, government could prepare to unleash some more measures and [...]

Effects of the global financial crisis have already precipitated at each and every corner of the world. Alarm bells had already ranged, when Bush administration was considering taking ownership stakes in certain US banks by passing $700 billion bailout as an option to deal with a severe global credit crisis.
If we take a look [...]