“You can have brilliant ideas, but if you cannot get them across, your ideas will not get you anywhere” – Lee Iacocca The above said words have been rightly quoted. For any idea to be fruitful it should have the ... Read More »
The banking industry grew by leaps and bounds and USA led this growth. The growth was facilitated on account of the decline in the interest rates from a high of 17% for a two year treasury note to 5% between ... Read More »
One of the key components of modern banking is the introduction of paper money, which emerged in Europe in 17th century, and Sweden was again the first country where it made its debut. Paris followed Sweden in issuing paper currency ... Read More »
Developed countries of the west have always been known for their extremely high levels of mass consumerism. The consumption of an average household in the US was approximately $50000 USD. And this figure increases every year. People of these countries ... Read More »
Banks, it is a belief evolved out of the religious temples of the ancient times, and their first appearance came into being around 3rd century B.C. Therefore banks came into vogue even before money came into circulation. As a matter ... Read More »
What is the process through which system of banking operates? Banking is based on the basic maxim of trust. We have this faith in the banks that when we need our money deposited in the bank, bank would pay the ... Read More »
Bank going by its definition in strict sense of terms is an entity on which you can have faith. This is precisely the maxim under which the banks operate. The functioning of the bank is derived from the trust that ... Read More »
Most of us believe money originates from the Mint (the government authority which prints the notes and mints the coins) however it is partially correct that the Mints are the sole production units of money. History of money: Money making ... Read More »
While the canons devoted to the cause of love aspire to reach a situation of utopia where the elements of class and creed do not exist, the elements denoting value of money symbolize the achievements that have been made in ... Read More »
The quests by the civilizations to expand the boundaries have been with the objective of adding more money to the coffers and the treasury. No single instance can be quoted from the annals of history where any conquest has not ... Read More »
If a random search were made about the odes that have been made to love and the ode that has been devoted to the reach of money, odes to love would far out-number the odes made to money. But love ... Read More »
Washington, July 13 (ANI): Taller men are able to earn more money than their shorter counterparts, according to a study. The study suggests that taller people make more money simply because they are perceived to be more intelligent and powerful. ... Read More »
New Delhi, June 5 (ANI): A Chinese man was arrested for trying to burn down his own house, only because his wife refused to give him money to play mahjong. His wife noticed the fire in their home in Meihekou, ... Read More »
Melbourne, May 28 (ANI): A thief feeling guilty after stealing more than 10,000 dollars from a butcher returned most of the money a week later. Mark Bollinghaus, owner of Albury-Wodonga Haus of Meat chain of stores, said he was stunned ... Read More »
London, May 19 (ANI): More than a third of Britons lie about their age, salary and sexual history, a poll of 2,000 people has revealed. The study for TV channel Really found age to be the most common lie with ... Read More »
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