RBI effect: Banks hike deposit rates up to 75 bps Indian Express | Interest rates have started going up. A day after the Reserve Bank of India (RBI) hiked the repo rate by 25 basis points and reverse repo rates by 50 basis points in its battle against inflation, banks have started hiking deposit rates. HDFC Bank, Central Bank of India and private lender Laxmi Vil...
Pranab opposes adjournment motion The Hindu | Special Correspondent | "A particular motion can't be taken up if rules do not permit it even if a majority wants it" | Sharad Yadav: adjournment motion needed to wake government up | Government evading responsibility on the issue, says Lalu | NEW DELHI: Leader of the Lok Sabha and Finance Ministe...
Muthoot Finance sells 4%, raises Rs 157 cr The Times Of India MUMBAI: Gold loan company, Muthoot Finance, has raised Rs 157 crore by issuing shares to the extent of 4% of the firm’s capital to private equity firms Baring Equity Partners India and Matrix partners India. | Both the private equity firms now have...
Asian shares hit hard by Fed comment on slowing growth Gulf News | Tokyo: Most Asian stocks fell as US Federal Reserve comments that growth slowed in some areas of the economy overshadowed signs of increased corporate earnings. | Samsung Electronics Co., which gets a fifth of its revenue in America, sank 1.2 ...
Lenders, telecom firms lead gainers in India Gulf News | Mumbai: India's stocks rose. Bank of Baroda and Tata Teleservices (Maharashtra) Ltd. advanced after reporting quarterly earnings. | State-owned Bank of Baroda gained after its first-quarter net income climbed 25 per cent. Tata Teleservices, a ...
Ex-pharmacist plans India fund Gulf News | London: Pharmacist-turned-fund-manager Jayesh Manek is weighing up the launch of an India fund as the latest step in an idiosyncratic career that saw him thrust into fund management after winning a newspaper's investment contest. | Manek's professi...
AP / Aijaz Rahi
Britain keen to strengthen economic ties with India Newstrack India | Mumbai, July 28 (ANI): George Osborne, British Chancellor of Exchequer, rang the opening bell at the Bombay Stock Exchange (BSE) on Wednesday, as he seeks to forge stronger econo...
Rising prices not government failure: Pranab Mukherjee The Times Of India NEW DELHI: Finance Minister Pranab Mukherjee Wednesday welcomed a debate on the rising prices which, he said, was not a government failure and could be discussed but not voted on. ...
Sensex ends strong on firm global cues The Times Of India MUMBAI: The BSE benchmark index Sensex on Tuesday rose 0.3%, tracking firm world equities, with auto stocks leading the gains and a recovery in annual monsoon rainfall also boostin...
RBI effect: Banks hike deposit rates up to 75 bps Indian Express | Interest rates have started going up. A day after the Reserve Bank of India (RBI) hiked the repo rate by 25 basis points and reverse repo rates by 50 basis points in its battle against inflation, banks have started hiking deposit rates. HDFC Bank, ...
Pranab opposes adjournment motion The Hindu | Special Correspondent | "A particular motion can't be taken up if rules do not permit it even if a majority wants it" | Sharad Yadav: adjournment motion needed to wake government up | Government evading responsibility on the issue, says Lalu | NEW ...
Villages with population of over 2,000 to get banking facility by 2012 The Hindu | Special Correspondent | 3,490 villages in State with population of over 2,000 do not have banking facility | Banks disbursed loans to the tune of Rs. 31,020 crore under priority sector in 2009-10 | BANGALORE: All the villages in the State with a po...
Indo-British relations have come a full circle Gulf News | New Delhi: Indo-British relations have come a full circle. While Indians see British Prime Minister David Cameron's visit to India, with his 90-member delegation, as an effort to shore up India's economic recovery, Britain is pulling out all stops to woo India. | Noida lecturer Ranjan Kumar said: "For many years Indian students have been fac...
Yahoo Will Invest in Hackers With Good Ideas The New York Times | Yahoo is considering investing in hackers with good ideas and technologies, a company executive said on Saturday. | "We are open to many ways of having a stake in creative young companies," said Jeff Kinder, Yahoo's senior vice president for media products and solutions, on the sidelines of a Yahoo Open Hack Day in Bangalore. | The Internet compa...
