Asia Bizz: It is good when one remembers to file the income tax returns of the previous financial year. But it is equally essential to fulfill some of the major requirements that are mostly ignored by the person who files income tax returns in India. So incase you are rushing at the last minute to [...]
Asia Bizz: On Tuesday, Seven Bank and Western Union announced that they will be starting a money transfer service for overseas transactions on 19th July. With the help of the internet/ mobile banking network of Seven Bank, the user can now transfer money anytime from any place – 24×7. The ATMs of Seven Bank are [...]
Asia Bizz: As the cost of the energy is increasing day by day in several Asian countries – like India, Sri Lanka, Philippines, Thailand among others – it is making it exceedingly difficult for the common man to maintain the monthly budget. Nowadays, people tend to use several electric-powered appliances at home in order to [...]
Asia Bizz: It’s the start of a month, you get your salary and before you know it, you just to end up broke by the middle of the month! Has this become a recurring monthly feature that you are trying to control? You’ll be surprised to know that the problem arises not with the money [...]
Asia Bizz: The Reserve Bank of India’s (RBI) move to increase the key policy rates by 0.25 percentage points, may in the future lead to the increase in the interest rates for auto, home and corporate loans. The announcement on the policy rates was recently made after which the Chairman of Bank of Baroda, M [...]
Asia Bizz: ICBC bank profits increased by around 28% to around 65bn yuan. The success story for China’s economy has seen a lot of lending from banks, which results into huge profits for Chinese lenders. For the year 2010, the Agricultural Bank of China announced a huge jump in profits to 46%. The government of [...]
Asia Bizz: UK-based telecommunications company Vodafone has agreed to buy out some stake at Essar group for an amount of around $5 million in their Indian joint venture. The venture turned sour a few month ago and Vodafone India will buy 33 percent stake at Essar’s. The problem that Vodafone faces now is that Essar’s [...]
Asia Bizz: As the current financial year ends on 31st March 2011 in India, let’s briefly discuss the four important requirements that will make our financial life better. Tax Planning tops the list followed by Investment Planning, Insurance planning and lastly the task of getting our financial life in order. Tax Planning: Hurry, before 31st [...]
Asia Bizz: After much speculation, RBI’s credit policy has seen a hike in interest rates. Reserve Bank of India (RBI), the primary and central bank of India, took a shocking decision on Thursday and increased the country’s interest rates by almost 25 bps.The chief reasons for the interest rates to rise, as per experts, is [...]
Asia Bizz: Stock market situation in Japan has worsen and the crisis has deepen even further as the market tumbled by a massive 10% during the commencement of the week. Nikkei 225 fell by more than 1,390 or a direct fall of 14%, highest since it was founded. By the end of the day’s trading [...]
