Within an hour of the Government Trust
Vote held in the month of July this year, business reporters stormed the Finance
Minister and bombarded him with umpteen questions. Before rushing off to his
waiting car the Finance Minister highlighted the need to approve three
important finance laws. One of them which has been on the backburner since the
first year of the present government is the Insurance Laws Bill. Insurance
sector wise, the immediate priority for the Finance department is to table the
amendments to this bill which will raise FDI (Foreign Direct Investment) in the
Indian Insurance sector to 49%.
2 years back i took one poliy from ICICi prudential --- life time super and for 2 years i paid 20,000/- each. any one tell me how much will I get after 3 years. because it all depends upon share market
Kolkata, India: While the unchecked speculation in North India has resulted in a price correction, other parts of the country have not witnessed a change in prices as yet.
No doubt, Bombay Stock Exchange (BSE) Sensex is making valiant attempts to decisively cross the 14,697 peak it reached on February 8 but has not been able to ever since.
Home loan borrowers in India have to wait for a bit before they see interest rates softening up. Home loan experts while speaking to The India Street has said that this can only happen if the Reserve Bank of India (RBI) relaxes few of the fiscal curbs it has imposed on banks.
In the annual credit policy for the year 2007-08 announced here today, the Reserve Bank has left the CRR, repo and reverse repo rates unchanged.
Announcing the policy here, RBI Governor Y.V. Reddy said the RBI has kept the bank rate unchanged at 6 per cent, the reverse repo rate at 6 per cent, repo rate at 7.75 per cent and the cash reserve ratio (CRR) at 6.5 per cent.
Within an hour of the Government Trust
Vote held in the month of July this year, business reporters stormed the Finance
Minister and bombarded him with umpteen questions. Before rushing off to his
waiting car the Finance Minister highlighted the need to approve three
important finance laws. One of them which has been on the backburner since the
first year of the present government is the Insurance Laws Bill. Insurance
sector wise, the immediate priority for the Finance department is to table the
amendments to this bill which will raise FDI (Foreign Direct Investment) in the
Indian Insurance sector to 49%. 
