Articles


Things you should know about ULIPs
In the first three years, the fund value of a ULIP may remain low due to the high expenses—such as administration charge, fund management charge, premium allocation charge and mortality charge—deducte..
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list Should you invest in inflation-indexed bonds?
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list Looking to invest in gold? Here’s some paper versions
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Economic Events Calendar

24 May 2013
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Euro Zone
list ECB Announces 3-Year LTRO Repayment
list German Capital Investment
United States
list Cap Goods Orders Nondef Ex Air
list Cap Goods Ship Nondef Ex Air
United Kingdom
list BBA Loans for House Purchase
Japan
list Bank of Japan Governor Kuroda speech at Nikkei Conference
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IndiaInfoline Economy Economic Jargons

Economic Jargons : P
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Promissory Note
It is a written, dated and signed two-party instrument containing an unconditional promise by the maker to pay a definite sum of money to a payee on demand or at a specified future date. The only difference between a promissory note and a bill of exchange is that the maker of a note pays the payee personally, rather than ordering a third party to do so.
Poverty Line 
A level of income below, which people are deemed poor. This line facilitates comparison of how many poor people are there in different countries. But, it is only a crude estimate because the line does not recognize differences in the buying power of money in different countries, and, more significantly, it does not recognize other aspects of poverty than the material, or income poverty.
Public Debt
Borrowing by the Government of India internally as well as externally. The total of the nation's debts: debts of local and state and national governments is an indicator of how much public spending is financed by borrowing instead of taxation
Purchasing Power Parity (PPP)
An economic theory that estimates the amount of adjustment needed on the exchange rate between countries in order for the exchange to be equivalent to each currency's purchasing power