Many people do not even think about their retired life and the financial backing that is required for ensuring peaceful retired life. First of all you need to realize that you need more money for your recurring expenses in your retirement stage, since inflation would make all things costlier. Also you need to understand that [...]

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In today’s situation people are facing problems from many directions. On the one hand , the food prices are shooting up adding to their monthly bills, and on the other hand the petrol / diesel / gas prices are increasing leading to nearly doubling of their fuel bill. They also face the problem of increasing [...]

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The US stock markets were in for a surprise data yesterday when the first quarter GDP data was released. Against the expected below 1.5% levels, it was indeed growing at 3.3% from the earlier reported at 1.9%. Also the current data points indicate that the second quarter is also indeed likely to see similar growth [...]

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US FED chief Ben Bernanke has indicated that though inflation fears are still there, they are expected to come down in coming quarters, especially in the wake of reduction in the commodity prices. He was indicating that more regulatory powers are required for US FED to continuously monitor and take proactive measures to avoid major [...]

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Crude oil prices started their upward march again in the last few days with the price edging up to 118 dollars. The reversal of decline comes from 111 dollars reached just few days back. Experts feel that the prices will rule around the 115 to 125 dollars mark for another few weeks before taking a [...]

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Sugar prices are set to go up for the next one year across the globe due to various reasons. Primary reason being a sharp reduction in output in the second largest producing nation India. Also the largest producer of the world, namely, Brazil, is also expected to see a marginal drop in its output in [...]

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The Global steel prices are set to crash in coming months due to very clear indications of a drop in demand across the globe. Olympics is coming to an end next week in China and with high inflation to grapple with China’s demand for steel is set to crash by a big margin from October [...]

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Michael Phelp of US has become the first individual in the world since Olympics started decades back, to win eight gold medals in one Olympics. He achieved the feat today by winning his eighth gold medal. The earlier record was held by Mark Spitz who held the record of seven gold medals in one Olympics [...]

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The US government has warned Russia that it has to pull out of Georgia immediately without any further delay. US has also warned that the onslaught by Russia on Georgia in spite of withdrawal of Georgian troops from Ossettia town will only worsen the relationship between Russia and US since this is seen as a [...]

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Pakistan Military Chief Pervez Musharaf who was the most powerful man of Pakistan for the last several years is at the receiving end from all quarters in the last two weeks. The Pakistan parliament is all set to pass the impeachment motion next week, which is seen as the last nail in Musharaf’s political life. [...]

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