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Fed fears risks posed by exit tools; plan almost done

Fed fears risks posed by exit tools; plan almost done

Last Updated: Saturday, July 12, 2014, 12:01

U.S. Federal Reserve officials are cautiously nearing completion of a new plan for managing interest rates, concerned that some of the new tools they are likely to rely on could pose unintended risks in a crisis.

Solar Panel scam: Public Interest in appointment of Judicial commission, says Kerala HC

Last Updated: Tuesday, July 08, 2014, 01:20

Kerala High court on Monday orally observed that as far as government was concerned there is public interest in the appointment of the Judicial Inquiry Commission to probe the Solar Panel scam.

HC disposes PIL alleging encroachment by Congress leader

Last Updated: Saturday, July 05, 2014, 01:17

Gujarat High Court here on Friday disposed off a public interest litigation (PIL), alleging encroachment done by Gujarat Pradesh Congress Committee president Arjun Modhvadia and his brother Ramdev Modhvadia in front of their house in Porbandar district.

ECB holds key rate steady at 0.15%

Last Updated: Thursday, July 03, 2014, 18:18

The ECB is instead targeting loans to encourage banks to lend to households and non-financial corporations.

Indian Bank revises interest rates on FCNR (B) deposits

Last Updated: Thursday, July 03, 2014, 14:41

State-run Indian Bank has revised the interest rates on foreign currency non-resident (banking) deposits with immediate effect.

Vijaya Bank cuts interest rates on domestic term deposits

Last Updated: Wednesday, July 02, 2014, 20:28

With a view to bring down cost of deposits, the bank has reduced the interest rates on its domestic term deposits.

CREDAI seeks tax sops on affordable homes, lower interest rate

Last Updated: Monday, June 30, 2014, 21:46

Realtors body CREDAI Monday sought tax incentives on development of affordable housing projects and interest rate reduction on home loans to below 7 percent in their budget wish-list to boost growth in the sector.

DDA to hike interest rate for housing registration deposits

Last Updated: Friday, June 27, 2014, 00:01

Delhi Development Authority has decided to pay simple interest at 8 percent instead of the current 5 percent on registration deposits for all its future housing schemes, the urban body said Thursday.

AIBEA seeks hike in tax exemption on bank deposit interest to Rs 25K

Last Updated: Thursday, June 26, 2014, 20:35

Bank employees body AIBEA has demanded an increase in the exemption of tax on interest earned on bank deposits to Rs 25,000 from Rs 10,000 at present from the government in its maiden Budget next month.

Budget 2014: First time home buyers likely to get concession

Last Updated: Thursday, June 26, 2014, 16:08

The government might also give interest subvention to first time house owners in the Budget.

Govt to give more interest-free loan to sugar mills

Last Updated: Monday, June 23, 2014, 15:56

The government on Monday decided to provide additional interest-free loan of up to Rs 4,400 crore to sugar mills and hike import duty on sweetener to enable the cash-starved industry pay their huge arrears to sugarcane farmers.

Govt working on national marketing policy: Paswan

Last Updated: Saturday, June 21, 2014, 01:30

Union Consumer Affairs, Food and Public Distribution Minister Ram Vilas Paswan today hinted at introducing a national marketing policy to contain price rise.