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Retail investors go for debt over equity funds The financial year ending March 2012 saw a visible trend of investors’ affinity for debt funds at a time when the equity markets remained weak and volatile. Higher interest rates leading to risk-free guaranteed returns of as high as nine to 10 per cent attracted retail investors to other investment options offered by the fund industry. In 2011-12, pure retail folios in the debt category increased
Former Bahamas PM leads party back to power
Former Bahamian Prime Minister Perry Christie led the main opposition party to victory on Monday, ousting the ruling party in elections dominated by unhappiness over rising crime and joblessness.
Monsoon onset seen around normal date
India's monsoon rains are expected to arrive nearly on time, a former government forecaster on Wednesday said, adding to hopes of another drought-free year which would enable the major crop
Japan nuclear power-free as last reactor shuts
Discharged outspoken Marine works last day
The last day of military service has arrived for a Marine Corps sergeant discharged for criticizing President Barack Obama on Facebook.
New York City: 5 free things for visitors to do
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