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MONEY & BANKING
DERIVATIVES MARKETS:
Falling rupee brings no joy to knitwear exporters
Woes rise on currency forward contracts, buyers seek price cut. Coimbatore, March 14 Instead of rejoicing over the appreciation of the dollar, knitwear exporters in Tirupur seem to be more confused and depressed than ...
HOUSING FINANCE:
Be home-loan wise in a slump
Declining interest rates and property price discounts could well be a blessing for those looking forward to owning a home. However, a slowing economy, pay cuts and fear of job losses appear to offset the positives. Added to this, inflation at ...
STANDARDS & BENCHMARKS:
India invited to join Basel panel on banking supervision
The Basel Committee on Banking Supervision has decided to expand its membership and invite representatives from Australia, Brazil, China, India, Korea, Mexico and Russia to join ...
CREDIT CARDS & DEBIT CARDS:
Psychology of cash discount
Consider this. You walk into a local store and buy groceries. When you dish out your credit card, the counter clerk tells you that will receive a 2 per cent discount if you pay cash. Would you? If you are a typical consumer, you will still ...
LIFE INSURANCE:
SBI SmartULIP
With market-linked products finding fewer takers, insurance companies are launching more “guaranteed” products to lure investors. The latest to join the bandwagon is SBI Life insurance with SBI Smart ULIP, a product that ...
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