Finance Minister Pranab Mukherjee presents his annual budget on Friday.
Following are the highlights of the budget:
BORROWING
* Gross market borrowing for 2010/11 seen at 4.57 trillion rupees ($98.9 billion), Forecast in Reuters poll was 4.61 trillion.
* Net market borrowing for 2010/11 seen at 3.45 trillion rupees.
FISCAL DEFICIT
* Fiscal deficit seen at 6.9 pct of GDP in [...]

Its really a growth time : GM is hiring people from India for growth and expansion.
General Motors India on Friday said it will double production from its Talegaon facility from March onwards, four months ahead of schedule, to meet increased demand in the market, and will also hire 800 people in the next seven to [...]

India crossed Rs 36000 mark of per capita income last year. This time India’s per capita income up at Rs 40,141! This sounds great.
An Indian would have got Rs 40,141 during 2008-09, if the country’s wealth was equally distributed among its citizens, according to the revised estimates of the national income.
On an annual basis the [...]

The recent rally makes you feel that all that glitters is GOLD!
You may just be looking at the rise of the gold you may have bought some but regretted had we bought some more !
Another reason to add rally to gold prices is the current wedding season in India.
The question remains on every ones mind [...]

Happy Diwali to all the readers of Squamble.Com

Asian paints is an old name in Indian Paint segment. Asian paint is one of my favourite companies. It was the first company to enter Rural Markets in India.
I have done a couple of projects on this company related to Rural Marketing.
Key points :

Asian paints has around 50% market share in decorative paints segment.
It has large distribution [...]

Here is a list of Top 10 Wealthiest Cities in India :
1. Chandigarh
2. Panaji
3. Delhi
4. Valparai
5. Greater Mumbai
6. Pune
7. Ludhiana
8. Chennai
9. Shimla
10. Jalandhar
Wealth of a city can actually be calculated based on wealth per capita (total wealth divided by total number of people). A more standard term for comparing wealth between countries is PPP (Purchasing [...]

The latest buzz in the power sector is that many companies are planing out to go public by offering IPO’s.
Reliance Power came up with an IPO in Jan 2008 just before the market crashed. Later during 2008 REC (Rural Electrification Corporation) came up with an IPO. Last month Adani Offered IPO and will get listed [...]

Forex trading is the act of trading currencies from different countries against each other. Forex is acronym for foreign exchange.
For example, in Europe the currency in circulation is called the Euro (EUR) and in the United States, the currency in circulation is called the US Dollar (USD).
An example of a forex trade is to buy [...]

e Choupal is an initiative of ITC Limited (a large multi business conglomerate in India) to link directly with rural farmers for procurement of agricultural / aquaculture produce like soybeans, wheat, coffee, and prawns. e Choupal was conceived to tackle the challenges posed by the unique features of Indian agriculture, characterized by fragmented farms, weak [...]