Developments

Indian insurance companies have collectively lost over Rs.30k crore in 2011 due to various frauds that took place in general

State Bank of Hyderabad on Thursday 8th March, on the event of International Women’s Day, decided to offer higher rate

With a view to benefiting overseas Indian workers, particularly those who are in Gulf countries, the government on Saturday 7th

Parliament’s standing committee on finance has proposed a less burdensome Tax Deduction at Source (TDS) for Non-residents and senior citizens.

On Tuesday 6th March, Oriental bank of Commerce (OBC) has raised interest rates on high value fixed deposits by up

Banks and stock broking firms on Friday 2nd March, have planned to carry out business on Facebook to build better

The standing committee of parliament on Finance has recommended exemption limit for income-tax at Rs.3 lakh per annum. The Direct

For the next financial year, PAN (Permanent Account Number) cards are likely to be emerged as the most potent tool

The State Bank of India (SBI) has decided to pioneer profile-based pricing of general motor insurance. This means, the cost

The Reserve Bank of India (RBI), will soon issue banknotes of Rs.1000 denomination in non-sequential numbering format. The Central Bank

The Reserve Bank of India (RBI) will soon issue Rs.5 coin with portrait of Bhagat Singh with a view to

The Reserve Bank of India (RBI) will shortly issue currency notes of Rs.1000 denomination with inset letter ‘R’ and Rs.10

The Economic Advisory Council to the Prime Minister of India (PMEAC), on Thursday 23rd February, recommended government to make life

According to the annual report of the banking ombudsman released by the Reserve Bank of India (RBI) on Friday 24th

Banks are getting more cautious about lending loans to the customers. It is observed that banks are picking customers in