The Plastic World Plastics are known to be one of the most wonderful inventions of 20th century which has changed the life of people. Plastic has become a part and parcel of one’s life and has become an integral part. Plastic has replaced the traditional use of paper, cloth, etc. Plastic has undoubtedly made the […]
Solarworld to Sell itself Solarworld is on the brink of collapse and is looking to sell itself. I have remained quite critical of Solarworld’s prospects in the past and had even said that CEO Asbeck will never get a salary. Solar manufacturing in western factories has become impossible due to the cut throat competition from […]
Economic Indicators An economic indicator is a statistic about the economy. It helps in analysis of economic performance and predictions of future performance. It includes various indices, earnings reports, and economic summaries. For example: unemployment rate, CPI, industrial production, GDP, money supply etc. Types of Economic Indicators The indicators helps in assessing the future prospects for the economy and also helps the stakeholders of the […]
Solar News 1) Yingli Energy gets a $165 million loan from China Development Bank (CDB) for working capital and other purposes (LDK and Renesola have got loans from CDB in the past 3 months as well) 2) CIGs startup Solopower goes bust follows the Solyndra way (Solopower had picked up employees from bankrupt Solyndra earlier) 3) Even as […]
The Finance Minister’s take on NPAs It seems the year 2013 will be marked as the golden year in the era for the non performing assets. During the recent quarterly review meeting with the banking officials, Finance Minister P Chidambram clearly mentioned his intention that Rich promoters of sick companies will not be tolerated any […]
Falling Portfolio Value of Gold Following are the 10 facts which give a better understanding of falling portfolio value indicating the story of gold which is not yet over. 1) We don’t own enough yellow metal Well it might seem shocking to you looking at the numbers of import and price of gold. However the […]