Saturday, September 22, 2012

Will take more steps to push reforms: FM

Will take more steps to push reforms: FM

Will take more steps to push reforms: FM

Posted: 22 Sep 2012 11:57 AM PDT

The government will take more steps to push reforms, boost investor sentiment and provide stable tax laws, finance minister P Chidambaram said on Saturday, while expressing satisfaction over the positive response of stock markets to the recent policy initiatives.

SBI breather for pre-2010 floating rate home loans

Posted: 22 Sep 2012 11:44 AM PDT

State Bank of India, the country's biggest lender, on Saturday cut its benchmark prime lending rate (BPLR) by 25 basis points (100 basis points = 1%) to 14.5% per annum.

Confidence in reforms driving stocks

Posted: 22 Sep 2012 09:49 AM PDT

Stock investors head to a new week on a roll after a slew of big ticket reforms has sent indexes to their highest since July 2011.

Govt to amend Rent Act, declare it industry

Posted: 22 Sep 2012 09:44 AM PDT

Government said it is taking several steps including nation-wide support to municipalities to build rental homes, amending the archaic Rent Control Act and declaring the sector an industry.

Labour reforms needed to attract investors: Experts

Posted: 22 Sep 2012 09:41 AM PDT

Labour reforms have become important as India would require millions of skilled labour in the next 10 years, which calls for investments in the employment generating sectors.

FDI in retail full of holes: BJP

Posted: 22 Sep 2012 09:17 AM PDT

Former finance minister Yashwant Sinha lashed out at Prime Minister Manmohan Singh for his statement in which he had justified the notification of FDI in multi-brand retail and the hike in diesel prices.

Gold loses Rs 170, silver Rs 430 on profit-selling

Posted: 22 Sep 2012 03:15 AM PDT

Gold declined by Rs 170 to Rs 32,140 per 10 gram in the bullion market here today on profit selling by stockists at high levels, while silver shed Rs 430 to Rs 61,200 per kg on reduced offtake by industrial units.

Walmart hits a wall in New York

Posted: 21 Sep 2012 10:05 PM PDT

Mighty Walmart, the world's largest retailer, has been thwarted once again in its efforts to open a big-box store in the Big Apple in the face of opposition from local unions much like protestors in India.

Health insurance premium set to cost 15% more

Posted: 21 Sep 2012 12:26 PM PDT

"Medical costs have just shot up, we need to adjust to the new reality since we are losing money," an official of a health insurance company said.
Posted by Harshad at 9:21 PM

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