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Monthly News November 2013

RBI buying dollars in spot market & selling it in forward market to stabilise rupee
Why no rate hike, The Reserve Bank of In...

Why no rate hike, The Reserve Bank of India asks banks

Mumbai – The Reserve Bank of India has asked banks why they have not raised interest rates despite the central bank hiking policy rates twice since September 2013. The central bank has also expressed concerns over the increase in bank loans to commercial real estate, which is considered a... read more »

Now, savings account to fetch interest sooner than 3 months
Now, savings account to fetch interest s...

Now, savings account to fetch interest sooner than 3 months

Bank customers will now get interest on their savings account as well as term deposits at an interval shorter than a quarter, as per a new directive of the Reserve Bank of India. Most of the banks currently credit the interest accrued on the savings accounts every six months. “…banks... read more »

Filmmaker to offer Rs 5 crore to Talwars for book, film on Aarushi
Filmmaker to offer Rs 5 crore to Talwars...

Filmmaker to offer Rs 5 crore to Talwars for book, film on Aarushi

Ghaziabad – A London-based writer and filmmaker on Friday went to Dasna Jail to meet Rajesh and Nupur Talwar to offer them a royalty of Rs 5 crore if they cooperated with him in publishing a book and making a movie on Aarushi. However, he was unable to meet the dentist couple as jail rules... read more »

Tarun Tejpal's anticipatory bail plea hearing: Crucial test for Goa prosecution today
Tarun Tejpal’s anticipatory bail p...

Tarun Tejpal’s anticipatory bail plea hearing: Crucial test for Goa p...

Panaji – It will be a crucial test for the Goa prosecution on Saturday to get an order for custodial interrogation of Tehelka’s founder-editor Tarun Tejpal as the hearing on his anticipatory bail application has just resumed in a Panaji court. It will be prestigious for the Goa... read more »

Tejpal case: Police probe into Lekhi Twitter leak begins

Tejpal gets interim bail till 10 a.m. Saturday

Panaji (Goa) – Tehelka magazine founder editor Tarun Tejpal was given interim bail by a Sessions Court here on Friday, after the latter decided to extend the hearing of his case till... read more »

Chandy promises help to endosulfan victims

Chandy promises help to endosulfan victims

Kerala Chief Minister Oommen Chandy on Friday promised all help to endosulfan victims who have not got benefits from different schemes implemented by the government. Speaking after... read more »

SEBI issues draft norms to regulate research analysts

SEBI issues draft norms to regulate research analysts

To ward off market manipulation through ‘independent’ reports on stocks and listed companies, SEBI on Friday proposed new norms to regulate research analysts while clamping down on... read more »

Special cabinet meeting on Dec 3 to discuss Telangana

Special cabinet meeting on Dec 3 to discuss Telangana

A special meeting of the Union Cabinet on December 3 will discuss the report of the Group of Ministers (GoM), set up to look into the bifurcation of Andhra Pradesh, and the draft Telangana... read more »

Fashionista with club foot gets leg amputated to `wear high heels`

Fashionista with club foot gets leg amputated to `wear high heels...

New York – A fashionista, who was born with a club foot, got her leg amputated so that she can wear high heels. Mariah Serrano, assistant designer for American Rag underwent the painful... read more »