The Hindu Business Line : Sunday, July 01, 2007

SIMPLE ECONOMICS
Disciplined savings, prosperous life
It has been over 10 years since my friend, now a middle-level manager at a software company, met his friend, a highly successful top-level executive at a financial services firm. The difference in their economic status is striking. My friend ... More

TAX TALK
Bond — licensed to kill tax Tax Talk
I am a salaried person and my income chargeable to tax under the head salaries for the financial year 2007-08 will be Rs 3,60,000. In May 2007, I sold for Rs 2 lakh a plot of land I had purchased in May 1991 for Rs 20,000. I get ... More

AUTO FOCUS
Alba — Yamaha goes pricey on mass-market bike
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BOOK VALUE
Trading is like driving
Click a mouse, place a few trades, and watch the money roll in. What an idyllic way to make a living through trading! Alas, the reality is different, says Brett N. Steenbarger in his foreword to ‘The Essentials of ... More

PORTFOLIO MOVES
Franklin India Smaller Companies Fund - Minor pharma re-jig
Closed end funds are back in vogue once again with fund-houses lining up quite a few launches. Franklin India Smaller Companies Fund is among the first closed-end funds to have been launched over the past couple of years. The fund defines ... More

F & O OUTLOOK
Nifty may open firm, faces resistance
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YOUNG INVESTOR
REITs — poised to gain ground
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Arriving at the ‘sum insured’
Everybody who owns property or runs a business has, at some point, felt the need to know how to arrive at the correct ‘sum insured’ for a property. This is an oft repeated question at most seminars and meetings.If you insure ... More

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