Banking without Charges?

Surprise! Surprise! Surprise! – An announcement from a IDBI Bank has taken me by surprise. IDBI Bank has decided that henceforth it’s savings account & current account holders will not incur any charges other than Cheque Return Charges. This is surprising given that the bank used to charge for online NEFT fund transfers also even … Read more

Why USA is in Afganistan?

Now we know why USA is so actively involved in Afganistan and probably also why Pakistan wants India out… Mineral Resources… In fact Abundant untapped mineral resources…. USA has a policy of using up other country’s resources and also an habit of ensuring that nobody else gets access to the resources… take the instance of … Read more

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 all sects, sub-sects, groups of Muslim as backward/poor and given them quota in education & … Read more

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 any other entity NSDL could have done the job easily. One more biggie in the … Read more

New Tool from NSE

National Stock Exchange (NSE) of India has launched a new feature/page on it’s website (www.nseindia.com) – SPARKLINES. A useful tool to view the trend of stock prices among the major indices in the exchange – NIFTY, JR. NIFTY, CNX IT, BANK NIFTY & NIFTY MIDCAP 50. In a single page it provides in the current … Read more