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(Following Advance for Use Saturday, Dec. 17)
Today is Saturday, Dec. 17, the 351st day of 2011. There are 14 days left in the year.Today's Highlight in History:On Dec. 17, 1903, Wilbur and Orville Wright of Dayton, Ohio, conducted the first successful manned powered-airplane flights near Kitty Hawk, N.C., using their experimental craft, the Wright Flyer.On this date:In 1777, France recognized American independence.In 1830, South American patriot

High returns not incentive enough

Rise in rates for small saving schemes should not necessarily mean increasing your allocation. Kartik Jhaveri of Transcend Consulting says government's small saving schemes form only a tiny part of

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Aruna takes $500K Spinster in Polytrack debut
Aruna posted a 1½-length victory over Pachattack in the $500,000 Spinster Stakes at Keeneland on Sunday.

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Blackstone sells $1.3 bn India funds to Aberdeen

Punita Kumar-Sinha to quit; move part of private equity major's global strategy. The Blackstone Group, one of the largest private equity groups globally, is exiting its biggest India-focused

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Have surplus, will prepay?
Investment in gold and equities is an option, but the risk-averse should go for part-prepayment.

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Return and risk in non-convertible debentures
They promise more return, but do your post-tax and allied homework to assess if the risk element is worth it.

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