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After IDBI, Oriental Bank of Commerce cuts deposits rates

May 17, 2013

As borrowers go, FD rate cuts might be comforting news, reason being, only after a bank reduced rates for term deposits, does it take a call on reducing rate on loan. #ToWhatEffect #fixed deposits #IDBI #Orient Bank of Commerce
FYI: Why you should invest in FDs now

Apr 08, 2013

Investing in dynamic bonds funds/ income funds may work too, but we suggest, you look into your individual asset allocation and get in touch with your planner before investing. #OBC #PersonalFinance #PNB #fixed deposits #bank rates #Lending rates
SBI plans 3-day FDs, may end up eating mutual funds' lunch

Apr 01, 2013

Why is the SBI getting into three-day fixed deposits? Will this dent the flows into liquid mutual funds? #Mutual Funds #State Bank of India #Smart Money #Savings #SBI 3-Day Fixed Deposits

Blog posts

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5 ways to reduce the Indian appetite for gold

Jan 23, 2013

If reducing gold imports is an important short- or medium-term goal, here is the right way to go about it in gold-craxy India #Gold #P. Chidambaram #RBI #ETF #fixed deposits #The Gold Bug
How to increase savings by plugging leaks

Nov 09, 2012

Investing in wrong financial products is a very high source of leakage from your savings. Insurance policies are the worst form of leakages as costs can be as high as 50% if you are not careful. #Financial markets #Banks #PersonalFinance #Savings #fixed deposits #insurance policies

Wire

The East African
Micro-lenders see boom in deposits under new law

2013-05-18 11:08:00

Newly licensed deposit taking microfinance institutions saw their customer deposits rise by 51 per cent over the past one year, helping them reduce their reliance on costly development financiers. New data from the Central Bank of Kenya shows total custo #Kenya
Economic Times
Debt funds clock over 15% returns in past 2 months

2013-05-22 15:34:00

NEW DELHI: Debts funds are on a roll, with all debt fund categories having churned out double digit returns in the past 2 months. Income funds and dynamic bond funds have been the best performers, followed closely by long-term gilt funds. The income fund #New Delhi #Barclays #Deutsche Bank
Big Pond News
Clean Up boss urges container deposits

2013-05-21 03:55:00

NSW needs a container deposit scheme because it will reduce litter and won't cost consumers money, the man behind Clean Up Australia Day says. Addressing a rally outside NSW Parliament House, Ian Kiernan said setting up such a scheme was a 'no-brainer' a #South Australia #Gary, IN #John Williams

Editor's picks

Money, sleaze take the sheen off imperious Chennai Super Kings

Given the huge legal, moral and ethical stakes, Srinvasan and Meiyappan should have voluntarily clarified their position and should have offered to face an investigation.
How the Woolwich terror attack will harm Britain's Muslim community more

For Muslims in Britain, there comes one thing after another to get defensive about, and at quite short intervals. The Muslim community will be cornered into paying a price for the brutality of these two killers.
Explainer: Why Sensex has fallen over 300 points today

Chidambaram ‘s soothsaying may not work when the markets are driven largely by foreign institutional investors (FIIs)
PM carrying out responsibility with great dignity, says Sonia

Rejecting the talk about two power centres and differences between them, UPA Chairperson Sonia Gandhi today said there is “collective leadership” between her and Manmohan Singh and “we all stand by” the Prime Minister who will complete his term.

Why India is concerned about supplying arms to Afghanistan

From across the Hindu Kush, a plea for Indian help. Hamid Karzai wants New Delhi to provide artillery and military transport aircraft. It won’t cost India much—but New Delhi is worried about upsetting Pakistan, and wary of making commitments before it becomes clear which way the political wind is blowing in Kabul.
Sreesanth and IPL spot fixing: Why history makes it so hard to believe the police

With the glut of information regarding the IPL spot fixing scandal and the three cricketers how much of it can we really trust?
Phaneesh Murthy admits to relationship with employee

This is the second time the IT industry veteran has been involved in a sex scandal.
Despite BJP edge over Cong, both NDA and UPA are conjectures

Opinion polls show the BJP and the NDA ahead of the Congress and UPA. But it is the regional parties that are likely to make the biggest gains. NDA and UPA are post-poll creatures

Not just niceties, China and India need to focus on thorny issues

India’s discourse with China has traditionally been trapped in the Mao-ist maze that defines how “friends” ought to conduct themselves. But Chinese statecraft has evolved, and India too must up its diplomatic game.
Why the Indian media gives a damn about poverty

In that sense the poverty line of India is cruel. It is merciless and doesn’t allow the majority of Indians any money for shelter or access to education or healthcare or sanitation or anything else that civilised nations would consider as essential as food.
Goa meet: Will the BJP finally find a way out of its troubles?

Can the party resolve internal discord and take a call on Modi’s PM candidature?
Why Dhoni, Tendulkar can't distance themselves from spot fixing

Try following a game on twitter or with friends or at the ground. At every step of the way, the spot-fixing question raises itself.

Movie Review: 'The Reluctant Fundamentalist' leaves you dissatisfied

If you forget the politics and just look at the film, The Reluctant Fundamentalist doesn’t fare much better. It’s a thriller that lacks tension and suspense.
Here's how the Delhi Police stumbled upon spot-fixing in IPL

After monitoring a phone call, the investigation had virtually turned pan-India with some of the bookies based in Gujarat and Mumbai.
Ex-Citi CEO Vikram Pandit, JM Financial join hands for banking foray in India

JM Financial will nominate Pandit as the non-executive chairman of the proposed bank. Pandit and Aiyar will have the right to purchase shares up to the amount prescribed by the RBI in this entity.
Movie Review: The Great Gatsby is the most Bollywood of Baz Luhrmann's films

The great American dream is an integral part of America. It’s ‘great’ in that it symbolises not truth, but hope when the truth is disillusioning; it symbolises not facts, but ideals when facts are unnerving; it symbolises not likelihood, but promise when likelihood is all but bleak.

Google I/O 2013 keynote: New Maps, Search, Plus, and S4 with 'pure' Android

We’re tracking the Google I/O conference 2013 live – what will be unveiled?
Hero worshipped in Kerala, Sreesanth still innocent in his state

The summary of the response in his Sreesanth’s home turf is that of incredulity. They are unwilling to believe that the pacer is guilty.
Why return of Dreamliners won't change Air India's fortunes

The original promise of the Dreamliner has failed to materiallise due to limitations in its flying range. Will Air India continue to pay a price for this?
Did Indira abolish bonded labour or Sonia? NREGA's tall claims

The UPA ads eulogising MGNREGA as a a huge success needs to be taken with bags of salt. The scheme did make a difference, but not as is claimed.

Angelina’s breast surgery possible in India, but there's a catch

So can we test in India and gain from the same treatment privilege that Jolie had? Yes, but there is a catch.
IPL 2013 KKR vs PWI Live: Yusuf kicks KKR out of the IPL

Live detailed updates as KKR take on Pune in a must-win game at Ranchi.
Wrong on Ghaziabad: The Kiran Bedi argument for moral policing

Bedi’s argument that we should focus on the legal wrong committed by the girl slapped by cops is technical, disingenuous and enabling.
Cloak but no dagger: The awfully mundane world of spies

There’s an endearing quality to reports that a CIA spy was arrested in Moscow: he comes across as a bumbling amateur who represents the lost Age of Innocence in the world of espionage.