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Forbes
May 17
Comment
There's been yet another mining tragedy in the Congo in the peasant and artisanal mines of the east:
At least 20 people were killed when a mine collapsed in mineral-rich but conflict-plagued eastern Democratic Republic of Congo following heavy...
The Hindu Business Line
May 17
Comment
In the light of the Saradha group scam, Parliament’s Standing Committee on Finance has called for a complete ban on all deposit schemes which promise abnormal returns. Some committee mem...
The Times of India
May 17
Comment
Ambuja Cements Ltd, India's second-largest cement manufacturer, said it had obtained a stay on an Rs 11.63 billion penalty imposed by the country's competition watchdog in June, but has been ordered to deposit 10% of the amount.
The Hindu Business Line
May 16
Comment
Lured by higher returns offered by banks in their homeland, non-resident Indians (NRIs) placed deposits aggregating $14.18 billion in the financial year ended March 2013, an increase of 19 per cen...
The Hindu Business Line
May 15
Comment
The Finance Ministry has approved payment of 8.5 per cent rate interest for 2012-13, up from 8.25 per cent in the previous fiscal, benefiting over five crore EPFO subscribers.
“Finance Mi...
The Times of India
May 10
Comment
The rate cut is a "considered response to the signals emanating from RBI's monetary policy," a statement from IDBI Bank said.
The Australian
May 10
Comment
ME Bank has become one of the first lenders to cut its deposit rates by more than the Reserve Bank's reduction in the cash rate.
Business Times - Malaysia
May 10
Comment
Malaysia Building Society Bhd (MBSB) aims to increase by 20 per cent its total deposit by year-end from RM21.5 billion last year.
Chief executive officer Datuk Ahmad Zaini Othman said the company's liability programme would be strengthened with...
The Hindu Business Line
May 7
Comment
State Bank of India is eyeing a 15-20 per cent increase in deposits this fiscal, it’s Chairman Pratip Chaudhuri said.
This targeted growth rate is higher than the Reserve Bank of India’s...
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