Forum for CA (Chartered Accountants work in all fields of business and finance.)

Chartered Accountants/ CPA's/ Finance Professionals.

economy's archives

Financial Crisis part 2: Major Steps taken by RBI to deal with the present crisis

Posted by  in November 3rd 2008  

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 [...]

Digg it Add to del.icio.us Stumble it No Comment

Financial Crisis Part 1: An Overall view of the Global market.

Posted by  in November 1st 2008  

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 [...]

Digg it Add to del.icio.us Stumble it No Comment