Top 10 financial news that affected Indians money in 2011

2011 saw a flurry of changes -- some good, some bad -- in the stock markets, rate of inflation, prices of gold, the fall of the Indian rupee, hike in income tax slabs, deregulation of interest you earn on savings accoun deposits to just name a few events that affected your personal finance equations. 1. European debt crisis This is going to continue in 2012 till a potent solution is not devised for this situation. 2. RBI's monetary policy 3. Rupee depreciates to a new low 4. New income tax slabs 5. Saving account interest rate deregulated 6. Revision in post office savings schemes 7. No need to file tax return for income up to Rs 5 lakh (Conditions apply!) No income-tax returns would be required for salaried persons earning up to Rs 5 lakh per annum. 8. Indians can invest in global markets This year SEBI's move to allow the Indian investors to trade in almost 24 major global indices including that of US, Europe and Asia, sitting in their comfortable homes, strengthens the proposition that everything is local now. 9. IRDA issues customer centric guidelines for online insurance marketing 10. The rise and fall of gold Lower the reserve currency (presently, US Dollar) and higher the inflation rates, the higher the price of gold and vice versa. "rate of inflation" "prices of gold" "the fall of the Indian rupee" "hike in income tax slabs" Money Gold Market Stock Trading Forex Stocks Economy "Gold As An Investment" Business News Finance Futures Options Currency Bloomberg ...

View Count: 2 Date: January 4, 2012