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2012-02-11 17:09:13
Spain downgrade ups pressure on EU to actRating agency Standard & Poor's downgraded 34 Italian banks on Friday, including heavyweights UniCredit and Intesa Sanpaolo, citing a reduced ability to roll over their wholesale debt and expected
2012-02-11 01:22:00
RBI likely to hold rates if rupee fall has muted impactIt may have been expected that the high base effect would limit industrial growth in December to less than six per cent. But, it was not anticipated that the continued contraction in mining output and
2012-02-11 01:21:00
Reliance Industries starts arbitration proceedings against govtReliance Industries (RIL) has raised $1 billion (nearly Rs 5,000 crore) by selling foreign currency bonds to investors abroad through its arm, Reliance Holding USA. The bonds carry a coupon of 5.4 per
2012-02-11 01:20:00

The Insurance Regulatory and Development Authority (Irda) on Friday said it was time to have a relook at the country’s insurance sector, particularly in the light of a significant downturn

2012-02-11 01:20:00
China eases forex rules for banks to venture abroadIndia's foreign exchange reserves fell by $177 million to $294 billion for the week ended February 3, 2012, after rising marginally for the previous two consecutive weeks.Primetime Shows According to
2012-02-11 01:20:00
​Decoding the mystery behind the rupeeSuspected dollar sales by the Reserve Bank of India helped the rupee recover all intraday losses on Friday, but the currency still posted its biggest weekly fall in nine weeks. Traders said
2012-02-11 01:20:00
SBI expects 18-19 pct credit growth in 2011/12 - execBanks with a large network of automated teller machines (ATM) will now be able to generate additional revenue by advertising financial products offered by other institutions. With an eye on financial
2012-02-10 09:38:09
DBS Bank sets India base lending rate at 7 pctDBS Group Holdings may face a stiffer challenge in 2012 as Asian economies slow, following a strong end to 2011 when it posted an unexpected 8 percent rise in quarterly earnings to achieve its
2012-02-10 01:16:00

In what made it the first micro insurance agent of L&T Insurance, Ahmedabad-based VimoSEWA entered into a strategic partnership with the former. The national insurance cooperative promoted by

2012-02-10 01:14:00
At a time when the finance ministry is taking pro-active steps to smoothen the process of top-level appointments in banks, the insurance sector senses no chance of such a reform.
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