UPA govt’s new policy to encourage India Inc abroad

To help unite India as a major global power, the Manmohan Singh-led United Progressive Alliance (UPA) government will unveil a new policy to promote Indian companies in international markets. The new policy will be introduced by the end of this year, government sources told Business Standard on the sidelines of the second Africa-India Forum Summit. […]

HSBC new home loan pay-back offer

HSBC India has announced a new home loan package offering to pay back part of the interest to borrowers. Yes, like the foreign bank claims, it is a first in the home loans business. But if one takes a careful look it might not be such a big deal after all. The scheme which was […]

Fixed income investing is back in a big technique

Last evening on the drive back home I must have seen some 45 ads of various bank fixed deposit. I was counting, and I must have missed some. concurrently, my inbox was choking with fixed maturity plan (FMP) offers. Yes, fixed income investing is back and with rates of 9%-10% per annum going around, no […]

Developers frown on guidance value hike progress

Developers and real estate agents say that the city corporation’s proposed property loan guidance value increases are so vertical that it could numb the already subdued real estate market. Some property analysts say it could also push up land prices in certain areas. The corporation is planning to raise guidance values by 20%-30% within the […]

Debt funds are extra tax-efficient

It is a security vis-a-vis returns battle between bank fixed deposit and debt funds. In the past few months, banks have been consistently increasing their rates of interest on special fixed deposit. And after the Reserve Bank of India’s Annual Monetary Policy, even the saving deposit rates are up at 4 %. For a six-month […]