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After dissaving, get ready for cost-cut measures
Savers went kaput in 2011. Even those who got good increments at the start of the year were hurt quite badly by the double whammy — rising inflation and interest rates. Inflation pressures dominated for most of the year. The consumer price index stayed well over 10 per cent. For some time it was sugar, then onions, and even tomato prices made a ketchup of your budget during Diwali. Reserve Bank

Three NY ex-traders convicted on insider charges

Three former securities traders were convicted on Monday on all counts of fraud and conspiracy to commit insider trading on pending mergers, in another victory for prosecutors in their probe of

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SKS Microfinance net up 265%
SKS Micro Finance, the countryâ€™s largest microfinance lender which recently went public, reported a 265 per cent increase in net profit from a year ago to Rs 67 crore for the quarter ended June 30.

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Save before splurging

Twenty six-year-old Yogesh Tiwari already has plans for his increment. The information technology (IT) employee at Scorp Enterprises wants to buy a camera, which will cost him twice his monthly

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Harkin: Piecemal health care approach won't work

Pressing a key argument of President Barack Obama, Sen. Tom Harkin has told lawmakers at a health care summit that a step-by-step legislative response to the problem wouldn't bring about genuine

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'More companies to freeze executive pay this year'
Taking a hard look at executive compensation, about 35 per cent of companies participating in a Mercer executive remuneration survey indicated that they expect to freeze base pay for executives this y

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