Tuesday, August 30, 2011

[Aug 30] India GDP growth was 7.7% for April-June

 

Goodreturns.in
Tuesday, August 30, 2011

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India GDP growth was 7.7% for April-June
GDP data was released by the government of India. The Indian economy grew by 7.7% in the first quarter April 1-June 30 period. This was slower than the growth of 9.3% during the corresponding quarter in 2010 (YoY).
Government launches Arthapedia: The layman guide to the world of economics
To bridge the gap between the policymakers and general public, the government has launched a website named as 'Arthapedia', a knowledge based portal modeled after Wikipedia to explain the economic terminologies and concepts.
Investing in Cyclical Stocks
The most noticeable feature of stock market is its liking for hitting the top and diving to the bottom in a given span of time. As nothing in this world is unidirectional, so is the stock market.
ICICI Prudential MF unveils 60 Months Capital Protection Oriented Fund
ICICI Prudential Mutual Fund has unveiled a New Fund Offer (NFO), namely, ICICI Prudential Capital Protection Oriented Fund - Series V - 60 Months Plan. It's a close-ended debt scheme.
Index Funds – the term defined
Index Funds are passively managed mutual funds, that intends to track the movements of a market index. These funds invest in a basket of securities of an index i.e. BSE Sensex or S&P CNX Nifty to compute the return. The underlying security under the index fund can be a stock, bond, commodity, etc.
Indices
Aug 30, 4:00 pm
16,676.75
260.42
[1.59%]
5,001.00
81.40
[1.65%]
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Currency Exchange Rates for INR
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