The Budget is just around the corner and in 'Axe the tax' CNN-IBN met some senior citizens who want the government to stop levying tax on their bank interests and rental income. ...
09:26 AM, Feb 21, 2013
West Bengal Chief Minister Mamata Banerjee on Saturday said her government will not pay annual interests on central loans to the state for three years due to the extreme financial crisis left behind by the erstwhile Left Front government. ...
02:40 AM, Feb 03, 2013
Over the last few years, there's been a trend of interest rates going up. Investors were generally happy investing in fixed deposits that offered a modest rate of interest. But now things are going to change. We are at an inflection point in the interest rate cycle; I am positive on the movement of interest rates and expect them to go down over the course of the next one year....
02:30 PM, Jan 23, 2013
Country's biggest private sector electricity producer Tata Power has accused entities with vested interests, along with some foreign NGOs, of spreading "falsehood" about environmental issues at its flagship 4,000 MW Mundra project in Gujarat. "...there are some foreign agencies, some such type of NGOs, who in connivance with some elements have started to arm-twist us," Tata Power Managing Director Anil Sardana said. ...
01:02 AM, Jan 13, 2013
Car sales in India fell 12.5 per cent year-on-year in December, the second consecutive monthly fall, as high interest rates and rising ownership costs slashed demand in a once-booming market. ...
12:12 PM, Jan 09, 2013
New Tata Motors Ltd is the best performer among Sensex stocks in 2012, helped by hopes for a turnaround in the performance of luxury unit Jaguar Land Rover. Infosys Ltd earns the worst performer status among blue chips, given the persistent concerns about global demand for software services. GAIL, down over 9 per cent and Bharti Airtel, down 7 per cent, are among other losers. ...
03:14 PM, Dec 29, 2012
The Reserve Bank of India on Tuesday left policy interest rates unchanged as expected on Tuesday, ignoring the growing clamour from business and politicians to lower them, reiterating its October guidance of further policy easing in the March quarter as it shifts its focus towards boosting growth. ...
11:15 AM, Dec 18, 2012
The Reserve Bank of India (RBI) is expected to keep interest rates unchanged on Tuesday, according to a Reuters poll, with respondents split over whether it will cut the cash reserve ratio (CRR) for banks. ...
12:49 AM, Dec 18, 2012
New York: Pinterest is allowing small businesses and corporations to create official accounts, a move that could be an early step toward profitability. Pinterest Inc. burst onto the tech scene last year, appealing to designers, wedding planners, chefs and anyone else who likes to collect and share images from the Web. The San Francisco company said it is offering businesses free tools for their Pinterest content. Companies already use Pinterest...
12:29 PM, Nov 15, 2012
Islamabad: In an apparent riposte to orders issued by the Supreme Court against two retired generals for rigging the 1990 polls, Pakistan's powerful Army Chief Gen Ashfaq Parvez Kayani on Monday said no single institution could define national interests or exceed its role under the Constitution. Noting that Pakistan was going through a "defining phase", Kayani said: "No individual or institution has the monopoly to decide what is right or...
02:32 AM, Nov 06, 2012
New Delhi: Janata Party chief Subramanian Swamy has said that he will file a petition before the Election Commission of India on Saturday seeking de-recognition of the Congress party. He tweeted, "After the Congress confession of the loan crime (on Friday), I am filing a petition today before the ECI seeking de-recognition of Congress party." Breaking its silence, the Congress on Friday rejected allegations levelled by Swamy and maintained that...
08:59 AM, Nov 03, 2012
All eyes are on the Reserve Bank of India on Tuesday as it reviews its credit policy. It is up against stubborn inflation. Will we see a cut in interest rates? CNBC-TV18's banking editor Lata Venketesh tells us what to expect. ...
09:30 AM, Oct 30, 2012
Tokyo: The Reserve Bank and the government must work in tandem to bring down interest rates, Finance Minister P Chidambaram said, while emphasising that high rates hurt everyone. "Fiscal policy and monetary policy should work in tandem to stabilise the exchange rate as well to bring down interest rates," he said in an interview. Chidambaram is in Tokyo to participate in the IMF-World Bank meetings. High interest rates "hurts everyone",...
01:51 AM, Oct 14, 2012
New Delhi: The Allahabad High Court has taken up a Public Interest Litigation (PIL) filed against Robert Vadra over the allegations made by Arvind Kejriwal against Vadra and DLF. The Lucknow bench of the Allahabad High Court has asked the Central government to reply as to why Vadra should not be investigated. The PIL has been filed by social activist Nutan Thakur. The PIL asks the Prime Minister to order...
01:38 PM, Oct 11, 2012
New York: eBay has redesigned its website to encourage visitors to browse and collect items they might want to buy later with something it calls the "feed." The feature, reminiscent of popular sites like image-heavy Pinterest, shows users items based on things they purchased in the past or items they've clicked on the site. Shoppers can also edit their feed by adding or removing categories and individual items. Ebay's old...
10:57 AM, Oct 11, 2012
New Delhi: To mark the 127th birthday of Niels Bohr, Google today posted a doodle on its homepage. The Niels Bohr 127th birthday Google doodle showcases his contributions to science and shows the Bohr atomic model. Here are the top 10 interesting facts about Niels Bohr and the doodle: 1. Niels Henrik David Bohr was born in Copenhagen on October 7, 1885. His father, Christian Bohr was a Professor of...
05:44 PM, Oct 07, 2012
New Delhi: A day after the Reserve Bank of India's mid quarter (July-September) monetary policy announcement, Indias largest lender the State Bank of India on Tuesday slashed its base rate, the minimum benchmark rate below which RBI does not allow a bank to lend, by 25 basis points to 9.75 per cent. The bank took this decision in its asset liability committee meeting concluded late on Tuesday evening. With this...
11:40 AM, Sep 19, 2012
New Delhi: There seems to be a major hacking incident at Pinterest, the popular pinboard-style social photo sharing website. Many users have reported that their Pinterest accounts have been hacked into and spam posted on their boards. The incident seems to have taken place last night. There is still no information regarding the incident on Pinterest's official blog or Twitter account but numerous Pinterest users are reporting breaches on Twitter...
08:39 AM, Sep 11, 2012
Mumbai: State Bank chairman Pratip Chaudhuri on Wednesday said he expects the Reserve Bank to leave the key policy rates unchanged, but sees a 100 basis points reduction in the cash reserve requirements (CRR) on September 17, which can help banks trim base rates. The monetary authority is expected to take call on the interest rate regime on September 17 at mid-quarter review, and it is expected that Governor D...
01:46 AM, Sep 06, 2012
