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There are very good banks and there are banks that have unnoticed practices of fraud and deception. In India, when it comes to rogue practices by erring banks, the Authority is soft on them and keeps quiet .
Government of India appears reluctant to.
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Amid the ongoing financial regulation overhaul, the banking industry is hoping to pull off a quiet power grab that has eluded its grasp since the Great Depression, by...
made popular Nov 7 2009
Will it be China that finally pays the huge bills for repairing and rebuilding Afghanistan and Iraq — and reaps the rewards? It’s looking that way: as the US and...
made popular Nov 6 2009
India has buried a shame in gold, but reaped a worry in grains. (The Telegraph)
In a stunning turnaround in fortune from 1991 when, in order to avoid defaults in...
made popular Nov 6 2009
The British government announced Tuesday that it will break up parts of major financial institutions bailed out by taxpayers, highlighting a growing divide across the...
made popular Nov 4 2009
This incident of suicide bombing is being regarded as the most appalling in the history of terrorist bombings in Pakistani cities. Over a 100 people lost their lives,...
made popular Nov 2 2009
In 2004, Yahoo engineers published a document about TrustRank. TrustRank describes an algorithm that search engines can use to determine relevant search results.
In...
made popular Oct 31 2009
Brazil’s Senate Foreign Relations Committee has approved Venezuela’s request to join the South American trade bloc Mercosur.
made popular Oct 30 2009
Reliance Industries Ltd (RIL) today told the Supreme Court that the gas dispute between the company and Reliance Natural Resources Ltd (RNRL) cannot be put to...
made popular Oct 30 2009
The Tourism Minister, Mohammed Boussaid, said to Morocco’s national TV channel that the number of tourists visiting Morocco has increased 5% in the year to...
made popular Oct 26 2009
The director general of the organization of the Islamic conference, Allal Rachdi, said on Tuesday in Cairo that trade between the members of the organization reached...
made popular Oct 26 2009
China’s GDP increased 8.9 percent for the third quarter, moving closer toward the goal of 8 percent growth for the year.
Growth for the first three quarters of...
made popular Oct 23 2009
The Bank of Punjab scam, which is reported to have eaten away some 13 billion rupees, had led Pakistan into requesting international assistance for capturing Hamesh...
made popular Oct 23 2009
The Indian School of Business is one of the most prestigious business schools in the world and was established to rival IIM. The business school has renowned and...
made popular Oct 21 2009
First jet management & then Rico unions are always the red flag to the management. Partly because they think that the approach of unions is not constructive.
The...
made popular Oct 21 2009
Finally after the gap of nine long months nimish kampani the chief of jm financial premier financial services company can come home to celebrate diwali
For uninitiated...
made popular Oct 15 2009
Reliance Industries Ltd today came to the aid of the flood-hit people of Andhra Pradesh and donated Rs 11.11 crore (Rupees eleven crore and eleven lakh) to the Chief...
made popular Oct 15 2009
“I can extract, I can fill up, I can scale, I can make dentures, I can make bridge metal or non-metal.” Kishore said as he fitted dentures for a...
made popular Oct 14 2009
With the global recession making consumers and businesses more price-conscious, China is grabbing market share from its export competitors, solidifying a dominance in...
made popular Oct 14 2009
Cuba’s workplace cafeterias are closing, President Raúl Castro keeps saying the well-off shouldn’t get the same subsidies as the poor, and now there are...
made popular Oct 14 2009
The slumping global economy is having a stimulus effect on Costa Rica’s famous sex-tourism industry, as a growing number of unemployed women — from Colombia...
made popular Oct 14 2009
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The Finance ministry has given builders a cause for celebration by announcing that the ministry has decided to exempt builders and developers of residential projects...
made popular Sep 3 2007
According to a report, the telephone users in the country are likely to receive a gift from the government in the form of a further reduction in call charges. The Union...
made popular Aug 8 2007
The data shows that Indian economy is going upward direction with great show in almost every sector. The government is projecting the growth story as never happened...
made popular Jul 31 2007
The foreign investors would be able to purchase 6% equity in National Stock Exchange now. The Foreign Investment Promotion Board (FIPB) has recommended the government...
made popular Apr 11 2007
India is looking for another phenomenon to induct in its policies that is actually not new but is being shaped in a new manner. The Indian economy is going great and...
made popular Mar 14 2007
Could you believe, the Income Tax department has claimed to trace unaccounted wealth of Rs 35,000 crores, 10 Swiss Bank accounts and many more known and unknown source...
made popular Mar 8 2007
On February 28, the Union Budget would be tabled in the Lok Sabha by the finance minister. The expectations are touching sky from common people of India and corporate...
made popular Feb 27 2007
The permanent account number (PAN) card will be the single way to establish anyone’s identity across the financial sector in India. The Ministry of Finance has...
made popular Jan 19 2007
In India, people will get loans from Public sector banks on the basis of their religion from now. The banking officials, who sanction loans for public, will have to...
made popular Jan 17 2007
The Union Chemicals Minister Ram Vilas Paswan is ready to introduce a new drug policy that will put more than 350 drugs under price control. However, India’s...
made popular Aug 16 2006
PC Chidambaram has presented the Budget for the Fiscal Year 2006-06 to the Nation.
Some of the major highlights are:
1. No FBT on Superannuation Fund up to Rs 1...
made popular Feb 28 2006
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