What’s happening in Chennai?

Over the past few days, Muslims have taken Chennai Hostage over an issue which is not even remotely related to what’s happening in Chennai & in India. Some one in USA has made a film that seems to hurt the sentiments of Muslims and they go on rampage in Chennai destroying properties and hurting people ...

Diesel Price Hike & LPG Cylinder Restriction.. Justified?

After a long long time the price of Diesel has been hiked by ₹5. As usual this has resulted in threats of price-hike and call for strike and dissolution of the Central Government. Now, is hike in Diesel prices really so bad? In a way yes, because more than the real impact, this hike is ...

Cheque Clearing – New Public Friendly Rule by RBI

Till now, even though the banks used technology and reduced their cost, they never passed on the benefits to the customer. Take the case of At Par Clearing Cheque – the Core Banking System enabled the bank to clear a cheque at any place irrespective of the city where the account is held. Before the ...