Bulls & Bear Hfund of India

U.S. Stock Plunge Picks Up Speed Ugly week ends with worst day for the Dow and other indexes in years U.S. stocks suffered their worst losses in four years at the end of a bruising week, as growing concern about China’s economy pushed shares in the U.S. and Europe into what money managers call a correction. The Dow Jones Industrial Average finished the day down 10.1% from its May record, crossing the 10% threshold that typically defines a correction. The U.S. blue-chip stock average hadn’t had a correction since 2011, when it plunged after Standard & Poor’s downgraded its rating of U.S. sovereign debt. On Friday, the Dow endured its fourth consecutive day of declines, losing 530.94 points, or 3.1%, to finish at 16459.75. Other U.S. indexes similarly fell sharply, with the Dow, the S&P 500 and the Nasdaq Composite Index all posting their worst one-day percentage declines since 2011, although the S&P 500 and the Nasdaq weren’t down 10% from their highs. Benchmark in

One Rank One Pension One Rank, One Pension (OROP), or same pension, for same rank and for the same length of service, irrespective of the date of retirement, was the basis for determining the pension and benefits of Indian Armed Forces till 1973. In 1973, the Indian National Congress (INC) government headed by Indira Gandhi, Prime minister, following the Third Central Pay Commission , in an "ex-parte" decision terminated OROP. The termination of OROP caused disquiet in the Armed Forces and has since become a cause of public protests by Armed Forces Veterans. An all party ten member Parliamentary Panel, known as the Koshyari Committee after its Chairman, examined OROP. The Koshyari Committee blamed the delay in implementing OROP on bureaucratic resistance and apathy."The Koshyari Committee unanimously found merit in OROP, and recommended its early implementation. OROP, an increasingly politicised, and often a misunderstood and misrepresented issue, in the run up

Investments, although very difficult for most of us to theoretically understand, practically apply and emotionally stick to as to what asset allocation should we follow (stocks, bonds, real estate, commodities etc) or what time frame to adhere to and what are the risks attached to it; but there is one thing which most of us, particularly Indians, love and also believe they understand it is Gold. A common person may not understand the benefits of investing in stocks for long term wealth creation or bonds to enhance the purchasing power in a deflationary environment or hoard cash to preserve capital in an uncertain economic world but the same person might easily understand and believe that he knows the value of Gold. Besides the traditional options like purchasing jewelry or investing in gold bars and coins, there are a plethora of new options available like the National Spot Exchange, Gold ETFs and also Gold Fund of Funds. Although, many local investors shunned equity funds ov

Harshad Mehta Harshad M Mehta was an Indian stockbroker, well known for his wealth and for having been charged with numerous financial crimes that took place in 1992. Of the 27 criminal charges brought against him, he was only convicted of one, before his death at age 47 in 2001. It was alleged that Mehta engaged in a massive stock manipulation scheme financed by worthless bank receipts, which hi s firm brokered in "ready forward" transactions between banks. Mehta was convicted by the Bombay High Court and Supreme Court of India[2] for his part in a financial scandal valued at ₹49.99 billion (US$780 million) which took place on the Bombay Stock Exchange (BSE). The scandal exposed the loopholes in the Bombay Stock Exchange (BSE) transaction system and SEBI further introduced new rules to cover those loopholes. He was tried for 9 years, until he died in late 2001 By profession Mehta was Graduate in commerce. Over a period of ten years, beginning 1980, he served in positions