Finance Avenue

Credit-crunch and the ultimate loss of liquidity has hit every firm hard. In the event of loss of demand, the option of increasing liquidity through increased sales (revenue) is invalid. So the only alternative remains is to cut costs of operations, of which wages, salaries and other perks form a large proportion. In the current [...]

It is believed that the terrible is yet to come. Economic meltdown and global recession have become the words of this season. It is predicated to be a very bad patch for investors lately, and this quarter is worst hit.
For four consecutive days, Dow fell below a whooping 8000 points, and tried its best to [...]

In what seems to be predicted as the biggest merger of the season amidst global meltdown, the companies in the spotlight here are Pharmaceutical Giant Pfizer and popular vaccine maker Wyeth. It is all over the places, in the media, in the papers, almost on everyone’s lips that Pfizer will shake hands with one of [...]

UK is reeling under the effects of recession and isn’t showing any signs of recovery, in the near or the far fetched future. The British currency is at an all time low having depreciated by almost % in years. Its plummeting at a rather high rate after the news results of the rising UK national-debt [...]

Barack Obama took the presidential oath yesterday amidst much media galore. Months of speculation regarding the 44th president of US have finally ended. The outgoing President, Mr. George Bush left him a rich legacy of murky recession, obstinate credit crunch and loads of national debt. The financial-crisis strategy of the new President and his team [...]

Vibrant Gujarat vibrated with mirth, joy & hope over the astounding success of 4th biennial Vibrant Gujarat Global Investors’ Summit, held on 13th & 14th January in the state’s financial hub, Ahemdabad. The two days saw investments pouring in to the tune of Rs $22,000 crore from all the major and medium scale companies of [...]

Recession, Global melt down and failed Pride. This lethal combination took the life of one of the billionaires from Forbes list of 100 richest people of the world. This German billionaire, Adolf Merckle, got stuck by a train, and breathed his last. His dead body was found in the early hours at the railway track [...]

Back in 1930s, at the time of the Great Depression, J.M. Keynes opined that “the economy had no self-correcting mechanism that would end a slump that the economy like a sinking ship could founder and leave society destitute indefinitely.
The Keynesian Prescription was for government to step in where dispirited businesses would not and spend borrowed [...]

With Citigroup and Morgan Stanley almost set to merge, can we safely conclude that at last the US banking industry would revolve around a few big players who in turn are very much dependent for their funding upon the government??

Let’s look into the salient features of the mergers and examine the forces which make it [...]

In wake of the recent happenings in major companies like Satyam in India, financial literacy is the need of the hour. Financial markets offer a variety of choices in terms of products. However, to be able to choose the right product there needs some amount of financial understanding by the investor, known as ‘Financial Literacy’. [...]