You’ve probably heard of the formula “220-your age” for estimating maximum heart rate. Unfortunately, this formula is not very useful because it can be easily off by more than 20 beats on the high or low side. For me at age 54 this formula says my maximum heart rate should be 166, but I happen to know from more accurate tests that it’s at least 25 beats higher than that.

In books, on exercise machines, and on the (more…)

“MANAGING INDIA’S FOREIGN EXCHANGE RESERVES”

Foreign Exchange Reserves (FER) is the surplus money or capital that a country parks or maintains in the foreign country in form of currency, bond and other kind of securities.

Foreign exchange reserves are the foreign currency deposits held by national banks of different nations. These are assets of Governments which are held (more…)

Airline ticket rates can vary wildly for passengers on the same flight. One person can pay $250 for a seat, while the individual in the next seat may have paid $1000. There are many tactics to help your reservation resemble that of the first passenger, not the latter.

Book your flight as soon as you decide on travel plans. Airlines give discounts for reservations made at least 3 weeks in advance. The best rates oft (more…)

Homeowners need to be very careful of Federal Reserve Bank. Whenever there is a board meeting of Federal Reserve Bank, mortgage interest rates either increase or decrease. As evident from the name itself, it acts as the bank for the federal government in US. It’s the responsibility of this Bank to sets monetary and financial policies. In all, there are 12 branch offices of Federal Reserve Bank through out US.

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You may get bargains at the store checkout. You may get an award or “cash back” for using your credit card. You may get a store rebate. What you may not get is a low credit card interest rate because the Federal Reserve Bank keeps increasing your borrowing costs. The bench mark interest rate is known as the “prime rate When the Federal Reserve Bank raises the federal funds rate, your bank will ratchet their prime rate. You (more…)