Saturday, April 21, 2012

Will take tough steps for reforms: FM

Will take tough steps for reforms: FM

Will take tough steps for reforms: FM

Posted: 21 Apr 2012 01:02 PM PDT

Rejecting criticism that the UPA is not serious on reforms, finance minister Pranab Mukherjee on Saturday said it is now time for the government to take some hard decisions and expressed confidence that three key legislations on pension, banking and insurance will be passed this year.

India concerned over slow pace of IMF quota reforms

Posted: 21 Apr 2012 05:22 AM PDT

Expressing concerns over slow pace of quota and governance reforms of the International Monetary Fund (IMF), India has said that it is necessary to ensure legitimacy and effectiveness of the multilateral agency.

SBI targets 25% deposit growth in 2012-13

Posted: 21 Apr 2012 05:02 AM PDT

The country's largest lender State Bank of India today said it is targetting a growth of 25 per cent in deposits and 22 per cent in advances in the current fiscal.

Kingfisher engineers strike work

Posted: 21 Apr 2012 03:11 AM PDT

Around 200 engineers of the crisis-hit Kingfisher Airlines struck work on Saturday protesting non-payment of salaries despite the airline's earlier claim that all the staff had been paid.

Airtel adds 2.5m mobile users in March

Posted: 21 Apr 2012 01:44 AM PDT

Bharti Airtel signed up 2.5 million subscribers in March, its highest monthly addition in a year.

British teen twins faked robot in stock fraud: US SEC

Posted: 21 Apr 2012 01:16 AM PDT

A pair of British twins who, as teenagers, claimed their stock-picking robot could unearth penny stocks ready to soar were sued on Friday by the US Securities and Exchange Commission

Citi's CEO Pandit sued over excessive pay

Posted: 20 Apr 2012 11:32 PM PDT

Citigroup's CEO Vikram Pandit and its directors have been sued by a bank shareholder over a compensation package that was contested by investors in a rare failed "say-on-pay" vote.

IMF moves to clam market fears over European debt

Posted: 20 Apr 2012 11:20 PM PDT

Finance ministers and central bank governors hope a more than $430 billion increase in resources of the International Monetary Fund will be enough to handle any fresh crisis in the eurozone.

Pranab allays US fears on retro tax issue

Posted: 20 Apr 2012 11:53 AM PDT

India on Thursday offered reassuring clarifications on new tax laws that have caused high dudgeon in US trade circles.
Posted by Harshad at 9:20 PM

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