MONEY & BANKING
FINANCIAL SERVICES
Panel proposes fine-tuning of banking data under GATS
Technical group suggestions
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HOUSING FINANCE
Reverse mortgage scheme: Pressure on Ministry to finalise tax aspects
Prospective users of the product are keen that all taxation issues are addressed upfront soon
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LIFE INSURANCE
Know all about ULIPs
A look at the types of Unit Linked Insurance Plans, how they work, and what the subscriber ought to look out for.
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What to check out
Every individual needs to ask his/her advisor the following questions before investing in a ULIP. What are the total expenses charged? If an individual is keen on making money through ULIPs, it is important to know the various ...
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INTEREST RATES
Rise in interest rates — Muted impact on India Inc
Changes (read increases) in the cost of borrowing have normally not elicited vocal public reactions from industry bodies in India. Therefore, when the CII President, said some time back that the Reserve Bank of India's serial hikes in ...
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`DaimlerChrysler sales not hit by interest rate hikes'
The company clocked sales of 2,000-plus units in calendar year 2006.
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FIXED DEPOSITS
City Union Bank's new scheme
The Kumbakonam-headquartered City Union Bank plans to introduce yet another deposit scheme - `CUB 500', effective June 11. The bank has decided to offer interest at 10.75 per cent for general category and 25 basis points ...
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