20 Jun 2012Personal Finance

Sensex rises on hopes for fiscal measures

investor watches the share index at a local share and stock market in Chandigarh June 18, 2012. REUTERS/Ajay VermaMUMBAI (Reuters) - The BSE Sensex rose 1 percent on Tuesday, recovering from steep losses in the previous session, as hopes the government would raise diesel prices as an initial step to improve its finances lifted oil stocks such as ONGC.The hopes come a day after Fitch Ratings became...

Source : Yahoo Finance | 333 Day(s) AgoCategory : Personal Finance

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BSE Sensex edges higher Fed meeting key : Reuters India

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Krypton Industries Limited manufactures, sells, and exports tyres and plastic rims with tyres for bicycles, electric bikes, wheel chairs, and push carts in...

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JPMorgan on mood of economy: Has India lost its way?

Kalpana Morparia, CEO at JP Morgan India speaks about India's growth struggle, rupee depreciation, negative investment climate and RBI's move to keep rates unchanged.Kalpana Morparia, CEO at JP Morgan India speaks about India's growth struggle, rupee depreciation, negative investment climate and RBI's move to keep rates unchanged.JPMorgan Chase CEO Jamie Dimon tells the House Financial Services Committee...

Source : Yahoo Finance | 333 Day(s) AgoCategory : Personal Finance

Dimon: JPMorgan trusted methods before loss : Yahoo Finance

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India needs fiscal consolidation, capital inflows to achieve growth: KR Bharat

Bharat, MD, Advent Advisory Services told NDTV Profit that the economy was not ready for a rate cut. "India needs fiscal consolidation, inflation should be brought under control. India also needs huge capital inflows to be coming in," he added.KR Bharat, MD, Advent Advisory Services told NDTV Profit that the economy was not ready for a rate cut. "India needs fiscal consolidation, inflation should be...

Source : Yahoo Finance | 333 Day(s) AgoCategory : Personal Finance

No urgent need for price hike, volume growth healthy: GCPL : Yahoo Finance

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Good News For Bank Of America As Shares Jump On Mortgage Buyback Relief

federal agency that sued 17 banks for misrepresenting the quality of mortgage backed securities sold toend up selling most of the home loans they make to Fannie and Freddie which which own or guarantee more than half of the mortgages in the country. They also buy the mortgages in the form of securities. In exchange for the deal, Fannie and Freddie (also known as government sponsored entities, or GSEs)...

Source : Forbes | 333 Day(s) AgoCategory : Personal Finance

Shared households increase 11.4% in U.S.: Census

A U.S. Census Bureau report released Wednesday shows shared households increased 11.4% from 2007 to 2010. Shared households accounted for 18.7% of all households in 2010, compared with 17% in 2007. In 2010 there were 22 million shared households -- households with an "additional" adult, a person 18 or older not enrolled in school and who is neither the householder nor the spouse or partner of the ...

Source : Marketwatch | 333 Day(s) AgoCategory : Personal Finance

JPMorgan's Loss Was From Prop Trading, Not Hedging: Meredith Whitney

Meredith Whitney is answering a question that neither the House nor Senate banking could figure out after questioning JPM chiefThe bank analyst, who famously predicted that Citi would need to reduce its dividend and raise at least $30 billion of capital back in 2007, is now calling JPMorgan out on its $2 billion trading loss saying the bets were indeed prop trades.that it’s “very hard” to argue what...

Source : Forbes | 333 Day(s) AgoCategory : Personal Finance

Personal Finance Daily: Positive outlook for U.S. stocks

Financial advisers and investment strategists say investors will face more challenges in the second half of 2012, but overall, the outlook for U.S. stocks is positive. Robert Powell, in his Your Portfolio column today, takes a look at the midyear recommendations from these pundits, and says many are focusing on high-quality large caps, technology stocks and dividend-paying stocks.Also on MarketWatch...

Source : Marketwatch | 333 Day(s) AgoCategory : Personal Finance

Young families hit hardest by housing bubble

Data released today by the Economic Policy Institute (EPI) shows that younger families age 35-44 were the hardest hit by the collapse of the housing bubble. While American families on average experienced a 39% drop in net worth between 2007 and 2010, younger families saw a 54% drop in the same time period. The EPI, a liberal-leaning think tank based in Washington, expressed particular concern in the...

Source : Marketwatch | 333 Day(s) AgoCategory : Personal Finance

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