What is Fraud?

A. An act which is intentionally misleading the organization and / or performing actions / activities which cause potential damage to the organization.
B. Fraud is any intentional act or omission designed to deceive others, resulting in the victim suffering a loss and/or the perpetrator achieving a gain.

A fraudulent act not only results (potential damage) in financial loss to an organisation but also causes reputation loss, which is more grave in nature.

alapad: A fully e-literate village in Kerala

Summary:
With investment in the equity markets being the flavour of the month, perhaps this is the right time for a gentle reminder why gold continues to be a relevant investment option and not be relegated to an afterthought.
 
Gold in India

Bitcoin is the new currency and Bitcoin mining and trading is the new passion for speculators. This crypto-currency has seen a large growth in demand in the past few years. Though the RBI has expressed some concern regarding the security of Bitcoin, this currency has generated curiosity resulting in more and more people jumping on to the bandwagon.

On November 14, India celebrated Children’s day and also marked the World Diabetes day. In 1922, Frederick Banting discovered insulin and today we acknowledge his work by spreading awareness about diabetes on his birthday.
 

Now that 2018 is here, it is time again to take a look at gold prices, how they have moved in the year gone by, and what is likely to happen in the current year. Making predictions about gold prices is never easy because unlike other commodities where prices are driven by demand and supply, gold is also ultra-sensitive to international economic and political trends of the day. And that is why predictions by experts and industry insiders about where gold is headed often turn out no better than the layman’s stray opinion.

Up until the end of January 2018, stock markets around the world were scaling new heights and setting new records at regular intervals. In the US, the Dow Jones Industrial Average set a record when it closed at 26,616.71 on January 26, 2018. In India, the BSE Sensex set its own closing record at 36,283.25 on 29 January, 2018.

On August 4, 2018, at the Constitution Club in New Delhi, Dr. Manmohan Singh, Hon’ble Former Prime Minister of India, will receive the first V.C. Padmanabhan Memorial Lifetime Achievement Award. The award will be presented to Dr. Singh by none other than Shri Pranab Mukherjee, Hon’ble Former President of India.

It is no secret that India is a young country. Young Indians are making their mark across the globe in every field and making the country proud. Like with everything else, if there is one word that could be used to characterize this generation, it will be “Instant”.

By K Senthil Kumar