Finance

How Chairman Mao, Charles I and Alexander the Great could make you a mint

The market in collectibles is growing rapidly

Jun 4, 2015

Alexis Tsipras: EU-Greece deal ‘close’ after meeting Jean-Claude Juncker

Greek prime minister Alexis Tsipras left a meeting at the European Commission overnight into the early hours of Thursday morning (4 June), saying Greece was close to a deal and would make a payment to the IMF – thus avoiding a default.

Jun 4, 2015

RBI to Issue Some New Banking Licences by August, Says Raghuram Rajan

Twenty-six applicants were vying for a new banking licence, of which two - Tata Sons and Videocon - withdrew their applications later.

Jun 2, 2015

Trade Unions Oppose Govt Move to Tax PF Withdrawals

The EPFO circular say that TDS will be deducted at 10%, 'provided PAN is submitted.'

May 22, 2015

George Osborne warns that EU is ‘sleepwalking’ out of global economy

The European Union risks pricing itself out of the global economy by excessive regulation, Chancellor of the Exchequer, George Osborne said on Wednesday (20 May), making the case for reforms in the bloc ahead of a referendum on whether Britain remains a member.

May 21, 2015

New Service Tax of 14% will Make Food, Travel, Phone Bills Costlier from 1 June

A raise in service tax is also applicable on insurance, telephone bills, air travel and others.

May 20, 2015

Britain could attract $37bn funding to develop new antibiotics

A British government-backed review released on Thursday (14 May) is seeking billions of dollars to fund the development of 15 new antibiotics to counter antibiotic resistance.

May 15, 2015

Australian conservatives deliver soft budget after last years bruising

Australias conservative government delivered budget proposals on Tuesday (12 May) that were light on radical reform but heavy on pledges to return to surplus, playing it safe politically after the disastrous reaction to last years budget.

May 13, 2015

Pradhan Mantri Jeevan Jyoti Bima Yojana, Suraksha Bima Yojana: Where to Download Forms

The forms for Pradhan Mantri Jeevan Jyoti Bima Yojana and Suraksha Bima Yojana are available at all banks and govt websites.

May 11, 2015

Greeces Yanis Varoufakis says talks with euro zone have made progress

Greek Finance Minister Yanis Varoufakis said on 24 April that talks with his euro zone peers had improved over the past few weeks.

Apr 24, 2015

Banking Sector Frauds on Rise as Technology becomes Highly Sophisticated

Frauds encountered in the non-retail segment averaged 10 over the last two years, incurring a loss of about Rs 2 crore in each such incident, says Deloitte

Apr 24, 2015

Japanese bank starts using pint-sized robot as bank teller

One of Japans megabanks Bank of Tokyo-Mitsubishi showcased a robot bank teller on 13 April at its downtown Tokyo branch in the hope that the multilingual robot will help foreign customers during the Tokyo Olympics in 2020.

Apr 13, 2015

Weak US Jobs Data Erases Hopes of Mid-Year Rate Hike by Fed

The US economy shows further signs of slowdown following a year of robust growth, casting doubts over the expected start of monetary policy normalisation by the Federal Reserve.

Apr 4, 2015