PM's reshuffle fails to send a strong message

Prime Minister Dr Manmohan Singh affected what he has called the "last and final reshuffle before the polls in 2014". But what should have been an "expansive" exercise (in his words) sends a......

Private banks raise rates on savings deposits

Within a week of the savings bank deposit rate deregulation, banks with a lower share of the low-cost deposit have wasted no time in grabbing the opportunity with both hands. The savings account......