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Rupee opens at a five month low

Aug 08, 2014

Rupee opens at a five month low

The rupee dropped to its weakest level in five months on Friday morning, weighed down by geo-political tensions around the globe with concerns about the continuation of foreign fund inflows into local debt and equities also hurting sentiment. #Finance #RBI #Reserve Bank of India #Debt #Rupee #Currency #Indian currency #rupee hits a low
Profit in public sector banks plunges 27% to Rs 37,000 cr in FY14

Aug 05, 2014

Profit in public sector banks plunges 27% to Rs 37,000 cr in FY14

Noting that rise in non-performing assets of PSBs was a matter of concern, the junior finance minister said that "although the gross NPAs have increased at system level, the gross NPAs ratios of banks do not indicate any systemic vulnerability". #NewsTracker #SBI #Canara Bank #Nirmala Sitharaman #Bank of Baroda #Corporate Debt Restructuring #Financial Stability Report #PNB #non performing assets
No retro tax on debt schemes MFs say relief only partial, will not help industry

Jul 26, 2014

No retro tax on debt schemes MFs say relief only partial, will not help industry

MFs feared the budget proposal will hurt them as majority of assets under management comes under the debt category #Tax #finance bill #Budget 2014 #MFs #debt schemes #long term capital gains tax
Gaza healthcare services on the verge of collapsing: WHO

Jul 11, 2014

Gaza healthcare services on the verge of collapsing: WHO

The Palestinian Ministry of Health has reported it is unable to maintain adequate stocks of medicine because of chronic outstanding debt, now amounting to more than $250 million, WHO said. #United States #World #Barack Obama #United Nations #Hamas #Israel #TheySaidIt #Benjamin Netanyahu #WHO #Ban Ki-moon #Mahmoud Abbas #Palestine #Gaza #Airstrike #Palestinian President #Mahmud Abbas #Israel PM #Healthcare in Gaza #Palestine's Healthcare debt
RBI to manage Telangana's public debt starting 2 June

May 20, 2014

RBI to manage Telangana's public debt starting 2 June

The central bank and the state have signed an agreement in this regard. The agreement is pursuant to the Andhra Pradesh Reorganisation Act, 2014. #Politics #India #Reserve Bank of India #NewsTracker #Andhra Pradesh #Telangana #Public debt #29th state

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Worry not, FIIs will not pull money out of the Indian debt market

Jun 07, 2013

Worry not, FIIs will not pull money out of the Indian debt market

The arbitrage for FIIs is the rising yield curve prospects in the US and falling yield curve prospects in India. FIIs will invest in INR bonds to take advantage of this fundamental arbitrage. #India #Stock market #Debt #Bonds #FII
CAD's bad, real bad: and external debt is looking worse

Jun 29, 2012

CAD's bad, real bad: and external debt is looking worse

The rear-view numbers for current account deficits are scary. But the year ahead looks better due to falling oil prices #Numbers #rupee-dollar #CAD #ExternalDebt

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CAD's bad, real bad: and external debt is looking worse

Aug 26, 2014

If You Want to See Inequality in the U.S. at Its Worst, Visit an Impound Lot

For millions of Americans a towed car can lead to a crippling spiral of stress, debt, joblessness, illness and, in many cases, incarceration...
CAD's bad, real bad: and external debt is looking worse

Aug 26, 2014

Austria's Finance Minister Resigns

Austrian Finance Minister Michael Spindelegger resigned after eight months in the role, citing differences within his party on tax and debt reform. He also stepped down as vice chancellor and head of his party...
CAD's bad, real bad: and external debt is looking worse

Aug 27, 2014

Are Social Security checks safe if you cosign a student loan?

James is in a sticky situation. He and his wife cosigned for their daughter's $90,000 private student loan. Now their daughter is having trouble repaying the debt...