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ED freezes Rs 34 cr in FDs of Jagan media firm

The Enforcement Directorate on Friday froze fixed deposits worth more than Rs 34 crore of a media firm owned by jailed YSR Congress leader Jaganmohan Reddy in connection with the money laundering......

ICICI, HDFC Bank cut bulk deposit rates by up to 0.25 pc

Leading private sector lenders ICICI Bank and HDFC Bank have cut rates by up to 0.25 per cent on high value fixed deposit on select maturities, a move that could be a precursor to lower lending......

High value fixed deposits to earn higher rate

Unbreakable high value fixed deposits will soon earn higher rate of interest with the Reserve Bank of India allowing banks to offer differential rates. The higher interest rate will be payable......

Savings deposit above Rs 1 lakh? You will earn less!

Your opportunity to earn higher interest by keeping more than Rs 1,00,000 in your savings bank account might soon be limited. Only a few private banks currently pay more than four per cent interest......

Fixed deposits may not give you higher returns in future

The Reserve Bank of India has indicated loan demand has not improved, despite the beginning of the festive season. Banks are likely to pare term deposit rates in the near-term, as muted credit......

Why FDs are still the most popular saving options

They have given you much fewer returns over the past 40 years compared to many asset classes; yet, bank fixed deposits remain one of the most popular investment options. For, they are perceived to......
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After RBI's rate cut, banks cut deposit rates

Following a rate cut by the Reserve Bank of India (RBI) in the monetary policy review held on Tuesday few banks reduced their deposit rates and... ...

http://smartinvestor.business-standard.com/market/Compnews-315696-Compnewsdet-After_RBIs_rate_cut_banks_cut_deposit_rates.htm
No country for old men (and women)

As a young boy I would accompany my grandfather to visit relatives in a Delhi colony. On one such visit, I saw an old man sleeping on a cot out on... ...

http://www.livemint.com/Money/XuURnf8NlspeWxmdvMZkBJ/No-country-for-old-men-and-women.html
HC gives one week to Farooq to respond

SRINAGAR, June 2: The High Court today gave one more week to former Chief Minister Farooq Abdullah to file response to notice issued to him in a... ...

http://www.kashmirtimes.com/newsdet.aspx?q=41611
Sensex tumbles 450 points, debt-heavy stocks crash

2:19pm: The S&P BSE Sensex is now down 443.93 points, or 1.63%, to 26,744.45. The CNX Nifty is trading at 8,113.50, down 122.95 points, or 1.49%.... ...

http://www.livemint.com/Money/r84m3oD9nJooFKpdQH3BaP/Live-Sensex-down-128-points-Nestle-tumbles-10-on-Maggi-ro.html
Punjab National Bank cuts fixed deposit rate by 0.25% on select maturities

As part of its second bi-monthly monetary policy review, RBI cut the repo rate (short-term lending rate) from 7.5% to 7.25, but left other policy... ...

http://www.dnaindia.com/money/report-punjab-national-bank-cuts-fixed-deposit-rate-by-025-on-select-maturities-2091902

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