Railway reforms, cheaper home loans in news

THE ECONOMIC TIMES Sat, Oct 10, 2015 | 12:28 PM IST Weekly Platter Newsletter

Cheaper homes soon a reality as ICICI joins SBI, HDFC in cutting rates Realtors are cheering the actions of lenders such as State Bank of India, Housing Development Finance Co and ICICI Bank in cutting rates. read more Way to go railways! Reforms beginning to show results Rlys is raising resources in innovative ways: FDI in new-age locomotives and coaches, long-term, surprisingly low-cost debt from LIC etc. Germany pledges billions: 5 takeaways from Merkel-Modi meet Describing the talks as "very good", both the leaders expressed hope that their discussions will pave the way for more robust partnership between the two countries.

Editor's Pick Why Rajan turned a blind eye to microfinance firms from east Rajan, many believe, has played it safe. Doling out licences to MFIs with a strong eastern connect would have put the fledgling Bandhan Bank in stiff competition. India's poverty rate lowest among nations: World Bank According to report, the number of people living in extreme poverty around the world is likely to fall to under 10% of global population in 2015. Professionals outnumber cos, trusts in declaring black money during compliance period The individuals wanted to play it safe, preferring to pay 60% in combined taxes, rather than getting entangled in the harsh new law on black money. How Sanjiv Bajaj has created financial services supermarket Sanjiv Bajaj has everything to show that the finance business carved out of an automobile company could be more valuable than the parent.

Most Popular This Week Flip side of fat pay cheque: Executives under a lot of pressure Accenture plans to hire nearly 100,000 in FY16, spend $1 bn on acquisitions Sagarmala project: Govt to spend Rs 70,000 cr on 12 major ports: Gadkari India not even close to where China was 5 years ago: Report Government may link PPF returns to bank deposits, RBI's rates

Story of The Week War Memorial, new AIIMS & bonus for railway employees: 7 things Cabinet cleared The Cabinet cleared a slew of plans, including the promised National War Memorial near iconic India Gate, a longstanding demand of the Army. read more

Money How to make your savings earn more for you Given more likely falls in rates, small savers should diversify their portfolio across a number of products such as deposits, postal savings, MFs, etc. Here's how RBI's cut in interest rate impacts your finances While the cost of borrowing will go down, investors, for whom it's a positive move, must rejig their portfolios to gain from the fall in rates.

Stock Round Up How will Bihar outcome affect PM Modi and market: Experts' take No doubt it will be an acid test for the Narendra Modi-led government, which already lost its foothold in Delhi in February.

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