liquid assets

SBI wants CRR phased out for ‘more efficient’ banking (Lead)


August 23rd, 2012 - 10:38 pm ICT by IANS
Kolkata, Aug 23 (IANS) The country's largest public sector lender, the State Bank of India (SBI) has strongly proposed phasing out of Cash Reserve Ratio (CRR) to make ithe ... Read more...

Posted in Business |

‘High interest rates hurting manufacturing growth’


February 24th, 2012 - 8:14 pm ICT by IANS
New Delhi, Feb 24 (IANS) The Reserve Bank of India (RBI) needs to significantly lower interest rates to revive investments and boost manufacturing growth, the National Manufacturing Competitiveness Council said ... Read more...

Posted in Business |

Indian markets rally for the fifth straight week (Weekly market review)


February 4th, 2012 - 3:50 pm ICT by IANS
Mumbai, Feb 4 (IANS) Indian equities markets rallied for the fifth consecutive week with investors buoyed by the hope that the economy could shrug off the sluggishness of the ... Read more...

Posted in Business |

Sensex rises for fourth straight week; up 495 points (Weekly market review)


January 28th, 2012 - 4:10 pm ICT by IANS
Mumbai, Jan 28 (IANS) A benchmark index for Indian equities markets rallied nearly three percent in this week's trade, closing in the positive for the fourth straight week on ... Read more...

Posted in Business |

Drug money damages world economy by $2 trillion annually


January 27th, 2012 - 5:01 pm ICT by IANS
Moscow, Jan 27 (IANS/RIA Novosti) Annual financial damage to the world economy from drug money equals $2 trillion, Russia's Federal Drug Control Service head Viktor Ivanov said."Narco-dollars form a market ... Read more...

Posted in Uncategorized |

Markets rise on CRR cut, Sensex closes tad below 17,000 (Roundup)


January 24th, 2012 - 8:14 pm ICT by IANS
Mumbai, Jan 24 (IANS) Indian equities markets rose Tuesday with investors cheering an unexpected cut in the cash reserve ratio (CRR) by the Reserve Bank of India. A benchmark ... Read more...

Posted in Business |

RBI adopted a dovish policy: HDFC Bank official


January 24th, 2012 - 8:06 pm ICT by IANS
Chennai, Jan 24 (IANS) The 50 basis points cut in the cash reserve ratio (CRR) by the Reserve Bank of India (RBI) Tuesday in its third quarter review of monetary ... Read more...

Posted in Business |

CRR cut will ease liquidity problems, says Pranab


January 24th, 2012 - 7:57 pm ICT by IANS
New Delhi, Jan 24 (IANS) The Reserve Bank of India's (RBI) decision to cut the cash reserve ratio (CRR) by half a percentage point will help ease the liquidity ... Read more...

Posted in Business |

CRR reduction will help ease liquidity problems: India Inc.


January 24th, 2012 - 5:13 pm ICT by IANS
New Delhi, Jan 24 (IANS) The Reserve Bank of India's decision to cut the cash reserve ratio (CRR) by half a percentage point will help ease the liquidity situation and ... Read more...

Posted in Business |

India’s central bank infuses more money into system (Lead)


January 24th, 2012 - 4:50 pm ICT by IANS
Mumbai, Jan 24 (IANS) After keeping money supply under a tight leash for nearly two years to tame galloping inflation, India's central bank Tuesday took steps to infuse more ... Read more...

Posted in Business |

Sensex crosses 17,000-mark, banking stocks lead (Second Lead)


January 24th, 2012 - 4:21 pm ICT by IANS
Mumbai, Jan 24 (IANS) A benchmark index for Indian equities markets soared past the 17,000-mark as markets cheered an unexpected cut in the cash reserve ratio (CRR) by the ... Read more...

Posted in Business |

India’s central bank infuses more money in system


January 24th, 2012 - 2:41 pm ICT by IANS
New Delhi, Jan 24 (IANS) After nearly two years of tight check on money supply to tame inflation, India's central bank took steps Tuesday to infuse more liquidity in the ... Read more...

Posted in Business |

Markets cheer unexpected cut in key rate (Lead)


January 24th, 2012 - 2:41 pm ICT by IANS
Mumbai, Jan 24 (IANS) Indian equities markets cheered an unexpected cut in the cash reserve ratio (CRR) by the Reserve Bank of India Tuesday as a benchmark index soared ... Read more...

Posted in Business |

Stage appears set for another rate hike by India’s central bank


July 26th, 2011 - 10:52 am ICT by IANS
Mumbai, July 26 (IANS) With headline inflation still above the comfort zone, the Indian central bank appeared set to announce another rate hike at 11 a.m. Tuesday, the 11th since ... Read more...

Posted in Business |

‘Gaddafi, family possess wealth “in excess of 20 billion dollars”‘


February 26th, 2011 - 3:10 pm ICT by ANI
Berne, Feb 26 (ANI): Colonel Muammar Gaddafi, the Libyan leader who has ruled the country for over 40 years, and his family possess wealth "in excess of 20 billion dollars," an intelligence ... Read more...

Posted in World |

Soaring prices prompt India’s central bank to hike key rates (Roundup)


January 25th, 2011 - 5:52 pm ICT by IANS
Mumbai, Jan 25 (IANS) With inflation soaring to double-digits and factory output growing in spurts, India's central bank Tuesday hiked its short-term lending and borrowing rates by 25 basis points that ... Read more...

Posted in Business |

India’s Reserve Bank hikes key rates to tame inflation (Lead)


January 25th, 2011 - 1:30 pm ICT by IANS
Mumbai, Jan 25 (IANS) In a bid to tame prices that has seen annual food inflation soar to double digits, India's central bank Tuesday hiked its short-term lending and borrowing rates by ... Read more...

Posted in Business |

Sharjah Islamic Bank posts $52 mn Q3 profit


October 17th, 2010 - 11:40 pm ICT by IANS
Sharjah, Oct 17 (IANS/WAM) The Sharjah Islamic Bank Sunday posted a third quarter net profit of 191.6 million dirhams (about $52 million).The balance sheet grew since December 2009 with total assets ... Read more...

Posted in Business |

Dennis Hopper’s family locked in bitter battle over will


June 7th, 2010 - 2:51 pm ICT by ANI
London, June 7 (ANI): Late actor Dennis Hopper's family are embroiled in a legal battle over his multi-million-dollar estate.Hooper's estranged fifth wife Victoria Duffy, 42, filed a claim against his estate at ... Read more...

Posted in Entertainment |

Dennis Hopper’s family fights over his will


June 7th, 2010 - 2:04 am ICT by IANS
London, June 7 (IANS) Late Hollywood actor Dennis Hopper's family is embroiled in a bitter feud over his multi-million-dollar estate barely a week after he died from prostate cancer. It is believed Hopper ... Read more...

Posted in Entertainment |

Dennis Hopper’s bitter divorce taking a toll on his health and bank account


March 25th, 2010 - 3:06 pm ICT by ANI
New York, Mar 25 (ANI): Dennis Hopper's divorce from wife Victoria has not only left him cash-strapped, but it's also taking a toll on his health.According to new court documents obtained by ... Read more...

Posted in Entertainment |

Inflation surge prompts India’s central bank to hike cash ratio (Round-up)


January 29th, 2010 - 4:07 pm ICT by IANS
Mumbai, Jan 29 (IANS) Shifting its stand from an accommodative monetary policy to managing inflation, pegged at a high 8.5 percent by end-March, India's central bank hiked a key policy rate ... Read more...

Posted in Business |

India’s central bank hikes cash ratio for banks


January 29th, 2010 - 12:59 pm ICT by IANS
Mumbai, Jan 29 (IANS) The Reserve Bank of India (RBI) Friday hiked the cash reserve ratio (CRR) for commercial banks by an unexpected 75 basis points, in a clear bid to ... Read more...

Posted in Business |

Canara HSBC simplifies death claims payment


October 20th, 2009 - 10:05 pm ICT by IANS
Chennai, Oct 20 (IANS) Private life insurer Canara HSBC Oriental Bank of Commerce Life Insurance Tuesday announced that it would pay the fund value of its unit-linked insurance policies (ULIP) immediately on ... Read more...

Posted in Business |

Jacko’s will names Diana Ross kids’ guardian


July 2nd, 2009 - 1:29 pm ICT by ANI
London, July 2 (ANI): Soul legend Diana Ross has been named the guardian of Michael Jackson's children, if the late King of Pop's mother is not able to look after them.According ... Read more...

Posted in Entertainment |

Michael Jackson’s will published here


July 2nd, 2009 - 1:06 am ICT by John Le Fevre
A copy of Michael Jackson’s will has been filed with a Los Angeles court, giving his entire estate to a family trust – specifically leaving nothing to his former wife and ... Read more...

Posted in Entertainment |

Government looking at all options to help Satyam: Kamal Nath


January 12th, 2009 - 7:26 pm ICT by IANS
New Delhi, Jan 12 (IANS) Commerce Minister Kamal Nath Monday said the government was looking at all options to help fraud-hit Satyam Computer Services out of its current mess, perpetrated by its ... Read more...

Posted in Business |

India hopes to attract over $35 bn foreign investment


October 13th, 2008 - 6:01 pm ICT by IANS
New Delhi, Oct 13 (IANS) Foreign direct investment in India will top $35 billion this fiscal despite the current global financial turmoil, commerce minister Kamal Nath said here Monday."Liquidity will have some ... Read more...

Posted in Business |

Army’s civilian employee held for recruitment bribe


May 4th, 2008 - 7:27 pm ICT by admin
Chandimandir (Haryana), May 4 (IANS) In a joint operation, the Central Bureau of Investigation (CBI) and the military intelligence of the Indian Army's Western Command here have arrested a civilian employee of ... Read more...

Posted in Uncategorized |

US adventurer Steve Fossett dead


February 16th, 2008 - 12:55 pm ICT by admin
Xinhua Los Angeles, Feb 16 (Xinhua) US adventurer Steve Fossett, who set 116 world records in sailboats, powered aircraft, balloons, airships and gliders, has died. The multimillionaire aviation and sailing world record holder ... Read more...

Posted in World |

Britneys assets placed under her fathers control


February 3rd, 2008 - 5:04 pm ICT by admin
London, Feb 3 (ANI): Pop diva Britney Spears and her assets, including a 125 million dollars estate, have been placed under the conservatorship of her father, James, under a court order.The 26-year-old ... Read more...

Posted in National |

Not enough for being truly wealthy


December 9th, 2007 - 3:25 pm ICT by admin
London, Dec 9 (ANI): If you have a million bucks in your bank, and are considering yourself a rich person, then you might be in a bit of an unpleasant surprise, for ... Read more...

Posted in World |

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