Archive for the ‘Finance’ Category
RBI effect: Banks hike deposit rates up to 75 bps

RBI effect: Banks hike deposit rates up to 75 bps

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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 Vilas Bank were the first to... 

Haste is waste: Tax returns are better belated than inaccurate

Haste is waste: Tax returns are better belated than inaccurate

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Haste is waste: Tax returns are better belated than inaccurate The last week of July witnesses the same drama unfolding every year. This post was submitted by Rishi Kumar Maurya. Read More →

Banks hike deposit rates, but lending rates may stay unchanged

Banks hike deposit rates, but lending rates may stay unchanged

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MUMBAI: HDFC Bank, Lakshmi Vilas Bank and Central Bank set off a round of deposit rate hikes to attract funds to meet accelerating investment and consumption, This post was submitted by Rishi Kumar Maurya. Read More →

British PM David Cameron gifts 2,000 jobs to Shimoga

British PM David Cameron gifts 2,000 jobs to Shimoga

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Bangalore: British premier David Cameron did not meet Karnataka chief minister BS Yeddyurappa on his visit to Bangalore on Wednesday. However, he left behind a special gift for the chief minister — about 2,000 BPO jobs in Shimoga, the home town of both chief minister BS Yeddyurappa as well as BJP state unit president, KS Eshwarappa. Global... 

Sweet Europe, Sour America?

Sweet Europe, Sour America?

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Investors are finding themselves with a new kind of balancing act — one in which they have to juggle with three major regions posing three significantly different circumstances. This post was submitted by Harshit Agrawal. Read More →

20,000 IT jobs likely this year, says Debesh

20,000 IT jobs likely this year, says Debesh

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More than 20,000 are likely to be hired this year in the IT and IteS sector in the state, said state information technology minister Debesh Das. This post was submitted by Harshit. Read More →

Bharti’s Mittal putting more money aside for education

Bharti’s Mittal putting more money aside for education

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NEW DELHI: Having helped with the transformation of India through the power of communication, Sunil Mittal, the founder of the country’s largest mobile phone operator, is channeling his wealth towards education for poor children that has the power to change their destiny. Right now, Mittal’s philanthropy through... 

Markets to remain firm: Analysts

Markets to remain firm: Analysts

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New Delhi: The Dalal Street is expected to remain in the positive zone this week on strong earnings optimism, though the market may be volatile in early session due to overnight weak overseas advice, analysts say. “Tracking weak global cues, the market is likely to open with a negative bias on Monday but would recover... 

Gold slides on lower global cues

Gold slides on lower global cues

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New Delhi: Gold prices drifted further down by Rs 80 to Rs 18,585 per ten gram in the national capital on increased selling by stockists after metal prices tumbled in overseas markets. The precious metal fell by 20.10, or 1.7 per cent, to 1,188.20 dollar on the Comex in New York, the biggest drop since July 1. The metal lost... 

Sign the right agreement, while buying a home

Sign the right agreement, while buying a home

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Home seekers are always advised to make sure that the sale/purchase agreement is in the prescribed form, while entering into an accord with a builder. This post was submitted by Harshit Agrawal. Read More →

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