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Categories
Category Archives: Happenings in India
Interest Rates of Savings A/c
RBI has made 2 important announcements in the past 10days – the recent being increasing the interest rates on Savings Account from 3.5% to 4.0%. This is definitely a good news for the a/c holders, esp. people who maintain high … Continue reading
Commission Reports on attacks on Church in Bangalore
Every minority group and “eminent personality” have trashed the commission report on attacks on Churches in Bangalore where the commission has said Hindu Groups are not to be blamed. Every group has said this report to be politically motivated to … Continue reading
Government, Compensate because I will not.
We regularly hear politicians & activists demanding government give “adequate” compensation to people for a calamity or accident or mishap. But if we ask these people how much they have helped the improvished/affected person, we will not receive any reply. … Continue reading
Posted in Happenings in India, ViewPoint
Tagged AP fllods, compensation, Indian Politicians, politicians fasting
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Instant Money Transfer using Mobile
A new service was introduced by National Payments Corporation of India (NPCI) last week – IMPS (Interbank Mobile Payment Service). IMPS enables instant fund transfer from one bank account to another across the country almost instantly. Currently this service is … Continue reading
Posted in Happenings in India
Tagged IMPS, instant fund transfer, MMID, mobile banking
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2G Scam JPC Probe
2G Scam is the biggest scam to hit Indians. CAG has already submitted it’s report wherein it has pointed irregularities by A.Raja as the Minister and the DoT in spectrum allocation to companies in 2007/08. Opposition has been demanding a … Continue reading
Retail Subscription Limit Limit Increased
SEBI has increased the maximum amount applicable for retail investors from Rs.1 Lakh to Rs.2 Lakh. There are both positives & negatives of this move. Positive: – It will increase the subscription amount in Retail Category with more investors using … Continue reading
Blocking Bulk SMS
Central Government has today banned bulk SMS for the next 72hrs in the wake of the Ayodhya Land Judgement tomorrow (24/Sept). While this is a good move to prevent rumours from spreading, I was surprised at the impact of this … Continue reading
Kashmir proves we Indians are fools
Watching the events around Kashmir esp. in the recent past I am surprised that as a country (which we project as a growing power) we are not able to manage the situation created by a few selfish people. Or is … Continue reading
Quota on Religious Basis
It is surprising that in India all poor are only from the so-called minority religions only. This is what can be interpreted from Supreme Court ruling allowing quota for poor among Muslims in Andhra Pradesh. Andhra Government has categoried almost … Continue reading
Posted in Happenings in India
Tagged anti-Hinduism, Reservation for Muslims, Supreme Court
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SEBI’s acquital of NSDL
SEBI’s acquital of NSDL in the IPO scam is another proof of influence of the SEBI Chairman on the proceedings. NSDL as a depository should have put in place a system to identify multiple accounts and doubtful accounts. More than … Continue reading