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Govt in fix over Ministry's waiver move on farm loans To cost Rs 6,000 cr for banking sector
According to officials, the proposal did not tantamount to populism because what was being sought was only a waiver of the interest component and not the entire loan per se.
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RBI to hire from engg campuses
THERE is likely to be a new recruiter on the prowl, waiting to pouch the best talent available on engineering college campuses in the next year - The Reserve Bank of India. The RBI normally picks its manpower based on competitive exams ...
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Forex reserves cross $60 b
THE country's forex reserves have breached the $60-billion mark, rising by $281 million to touch $60.148 billion for the week ended August 2, 2002, as per the Reserve Bank of India's (RBI) Weekly Statistical Supplement (W.S.S). Reserves have ...
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Big screen beckons White Mughals
IT'S the stuff of movies, really. A British General from imperial Britain lands on the shores of 18th century India as an ambitious soldier of the East India Company. And, although eager to make his name in the subjection of a nation, he's ...
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SRF mulls commission payment for directors
THE Rs 750-crore SRF Ltd, a nylon tyre cord fabric manufacturer, will seek shareholders' nod on September 2 for authorising the board of directors of the company to compensate directors through payment of commission as a percentage of net profit ...
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Just running a petrol pump doesn't pay much
AMID allegations of favouritism in allotting petrol bunks and the continuing disruption in Parliament, talk to a cross-section of petrol dealers and all of them are unanimous in their view that business is difficult, competition intense and ...
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