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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. #World #United States #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
Mamata hopes BJP govt will help solve Bengal's debt repayment issues

May 26, 2014

Mamata hopes BJP govt will help solve Bengal's debt repayment issues

"They (the Centre) were taking away all the money (from the state's coffers towards debt servicing). The new government is coming let's see what happens," Banerjee said at a government function here. #Mamata Banerjee #NewsTracker #West Bengal #TMC #debt repayment
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
Bihar candidate turns cobbler to repay poll debt

May 14, 2014

Bihar candidate turns cobbler to repay poll debt

Chedi Ram, 35, locally known as 'netaji', is busy polishing shoes and sandals under a tree at Ramapatti bazaar in Madhubani district to earn the money to pay back the Rs.10,000 debt. #NewsTracker #bIhar #Patna #polls #Elections 2014 #candidate #poll expenditure #Independent #Chedi ram #poll debt #Bihar candidate
How mutual funds have been buying life for cancer victims in India

Mar 04, 2014

How mutual funds have been buying life for cancer victims in India

In the world of mutual funds, your dividends, interest rates, risks et al are calculated to bring In the world of mutual funds, your dividends, interest rates, risks et al are calculated to bring returns on every penny that is invested. But did you know that there was a scheme that not only brought returns to its investors but also brought life to many cancer patients across India? #Mutual Funds #Dividends #cancer treatment #Sponsored Story #Hospitalisation Cost #HDFC Debt Cancer Cure Fund #Indian Cancer Society
Bailout behind it, Ireland and its people still face long slog

Feb 20, 2014

Bailout behind it, Ireland and its people still face long slog

DUBLIN (Reuters) - Ireland is the first euro zone country to emerge from a bailout brought on by unsustainable debt, but the long slog of cutting back what it owes is only just starting for its 4.6 million austerity-hit people. How its succeeds or fails in this will be a guide to how easily other heavily indebted states such as Portugal and Greece will be able to ease up on austerity as they strive to escape from their own bailout programmes #United States #Debt #Technology #Arabic #Russia #markets #Latin America #european #opinion #Irish
House of Representatives passes debt ceiling increase

Feb 12, 2014

House of Representatives passes debt ceiling increase

The 221-201 vote came hours after Republican House leader John Boehner announced that his fractured party would relent. #United States #Barack Obama #NewsTracker #John Boehner #Republicans #House of Representatives #Debt ceiling