Inflation isn't a top worry currently, but you still need to guard your retirement savings. Inflation-protected securities could be attractive now
Intelligence reports submitted to the interior ministry say that jihadi elements, including the al-Qaeda, are planning abductions of senior officials and top leader to seek the release of detained militants.
If the interest rate on bank deposits is linked to any external benchmark, it would jeopardise the banks' fund-raising ability. Interest rates on small savings schemes are likely to be reduced very shortly, to maintain parity. All these steps would indeed affect retired people, and particularly those dependent on interest income, says Arindam Gupta.
The passing of the GST bill and the failure of India to acquire NSG membership is set to rule the agenda in Parliament.
The government must set up a Bank Investment Company to shrink its role in PSBs, if we are serious about tackling the two persistent issues - lax corporate governance practices and discretionary decision-making, says Shyamal Majumdar.
A 13-member group, headed by RBI Executive Director R Gandhi, has made various recommendations on G-Sec market, retail participation and interest rate derivatives market.
'Jobs will exist at very high levels or low levels of skill sets.' 'People, who are in middle level jobs, are the ones who are facing the problem as such jobs are fast disappearing because of technological advancement.'
The Pakistan government has sealed offices of Al-Amin Trust in Karachi and Lahore and frozen several bank accounts as part of its ongoing crackdown on groups added to a UN Security Council list of terrorist organisations subject to sanctions.
Rare unanimity was witnessed as the members passed the Rights of Persons with Disabilities Bill, 2014.
With SAD member and union minister Harsimrat Kaur Badal.
Rajya Sabha failed to transact any business for the second straight day on Tuesday as opposition members persisted with their demand for a reply from Prime Minister Narendra Modi on the issue of conversions and created ruckus on government's move to hold events in schools on Christmas holiday.
US treasury secretary John Snow learned more than one month ago of the tentative plan and Chinese officials gave him details on the change and its timing before the announcement, The Financial Times and The Asian Wall Street Journal said.
The president of a top Honduras football club and two family members were charged by US authorities on Wednesday with engineering a decade-long scheme to launder drug trafficking and foreign bribery proceeds through US accounts.
The announcement of the Federal Reserve sent markets to a tizzy
The RBI governor's assurance should give investors enough confidence to start believing in the NBFC sector again, say bankers.
Treasury and opposition members nearly came to blows in Lok Sabha on Friday when Union Health Minister Harsh Vardhan condemned in "no uncertain words" the "outlandish" remarks made by Congress leader Rahul Gandhi against Prime Minister Narendra Modi.
If indeed we want the board to manage the RBI, probably the government should take a close look at the US Federal Reserve system which has a two-part structure - a central authority in Washington, DC, and a decentralised network of 12 Federal Reserve Banks located throughout the country, says Tamal Bandyopadhyay.
Enumerating a few steps that India could take to become even more competitive, US Treasury Secretary Henry M Paulson Jr said it could reduce needs for financial institutions to hold substantial amount of deposits in government debts which limits the scope of banks for taking greater exposure to certain priority sector.
The speaker said she was ready to start the debate right away if the House agreed. The debate has been listed in Monday's list of business under Rule 193.
"Make no mistake: whatever LeT chooses to call itself, it remains a violent terrorist group. The US supports all efforts to ensure that LeT does not have a political voice until it gives up violence as a tool of influence," said Nathan A Sales, Coordinator for Counterterrorism at the Department of State.
Growth in India's gross domestic product for the June quarter of 2013-14, as well as for the entire 2014-15, was 4.7%.
Overseas transactions were used by the September 11 hijackers to wire more than $ 130,000, officials said.
Trump's move followed a rare show of bipartisanship on Thursday when legislators voted to fund large swaths of the government and avoid a repeat of the recent five-week government shutdown.
As yields rise, bond prices fall. Higher yields not only translate into losses for investors, it also pushes up borrowing cost for companies as well as government
If indeed the issues involved between the government and RBI are of immense public interest, why not make public the arguments of both the government and the RBI, irrespective of the outcome of the process, says Tamal Bandyopadhyay.However, the Act is silent on what happens if the governor's views differ from that of the government. If Patel does not want to budge from his stance the government can either see merit in the Governor's arguments and decide against going ahead with its plan or overrule him. My guess is that the issues raised by the government need to be sorted out not at the November 19 board meeting but between the Governor and the government, says Tamal Bandyopadhyay.
The decision was taken after the ECP again dismissed the MML's application for registration on Wednesday.
A summary of sports events and persons who made news on Thursday
At least 56 seminaries and facilities being run by JuD and its wing FIF in Pakistan's southern Sindh province have been taken over by authorities.
Following are the names of some high-profile people who have been put behind the bars
The Street had factored in the NDA win, owing to which the appreciation in the rupee is expected to be limited
In February, FPIs sold $421 mn in debt; in March they have sold $133 mn so far
Information and Broadcasting Minister M Venkaiah Naidu said all the commissions were functioning and the process of filling up the vacancies was on.
A 7-hr debate was held over the contentious bill. Oppn amendments rejected.
And why markets could give up 25 per cent of all these gains made since March 2020
Some Bharatiya Janata Party MPs also raised the issue in Parliament, accusing Madhya Pradesh's new chief minister of inciting hatred against people of other states.
A summary of sports events and persons who made news on Friday
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