Finance


Sensex up 111 points in opening trade

MUMBAI: Extending its winning streak for the fifth session in a row, the Bombay Stock Exchange benchmark Sensex on Wednesday rose by over 111

Regulators shut Guaranty Bank, 2nd largest failure

Regulators shut Guaranty Bank, 2nd largest failure

WASHINGTON (AP) — Regulators on Friday shut down Guaranty Bank, a big Texas-based lender felled by losses on loans to homebuilders and borrowers, in the

America’s Best and Worst Airports 2009

America’s Best and Worst Airports 2009

We all know the drill: you show up at the airport with plenty of time to spare, only to discover that your flight’s been delayed and now you have hours to kill. Or worse

Google launches rare ad campaign to sell more apps

Google launches rare ad campaign to sell more apps

SAN FRANCISCO (AP) — Google Inc. is so well known that it has become a synonym for search, making advertising unnecessary. Getting businesses to

Google hiring after layoffs

Google hiring after layoffs

By Alexei Oreskovic
SAN FRANCISCO (Reuters) – Google (GOOG.O) is hiring to fill about 360 jobs, even after it announced plans this week to lay off almost 200 sales and marketing employees in its third round of job cuts this year. The openings listed on Google’s website range from software

Fannie Mae plans $611,000 retention bonuses

Fannie Mae plans $611,000 retention bonuses

WASHINGTON — U.S. mortgage giant Fannie Mae plans to pay retention bonuses of as much as $611,000 (U.S.) each to key executives this year as part of a plan to keep hundreds of employees from leaving the government-controlled company. Rival mortgage finance company

Options For Poor Credit Mortgages

Don’t despair if your credit is less than ideal. If you want to apply for a mortgage to buy a home or to refinance the mortgage you already have, you have options where your credit is concerned. The first thing you need to do is to obtain a copy of your credit report and

Same Day Cash – Secure Instant Finance Within the Shortest Possible Time

Surprisingly enough, you may find financial hard to derive, when you need it the most. This is where same day cash can provide a breakthrough by offering financial assistance, so as to get out of the financial breakdown. With this financial package, you will be in a position

Instant Cash Loans – Easy Finances For Emergency Needs

One of the practical ways to deal with expenses that crops up without any prior warning is to make some provisions and save some amount from your regular income. But that’s too does not seem to be a possibility in the face of rising expenses and high cost of life. So in any

The Basics of Bridging Loans

When you get into a temporary financial strain during a purchase of property, a home or you need extra money for your business, a bridging loan might be what you want to apply for. Another reason you might want a bridging loan if you have a sudden large and unexpected

Bank credit to go up to Rs 22.5 lakh cr by March

Coming to aid the slackening economy, public sector banks will increase their lending to about Rs 22.5 lakh crore in the current fiscal, up around four percent over the target fixed for them. With the upward revision of their credit target by Rs 56,000 crore

US bank IndyMac sold for USD 14bn

A group of private investors has agreed to buy for nearly USD 14 billion the collapsed home loans specialist IndyMac Bank, the third-largest bank to fail since the US government began insuring deposits in 1934. The group is headed by Steven Mnuchin, chairman

Citigroup not to cut IT spend next year

Global financial services giant Citigroup Inc will not cut its IT spend which currently stands at eight percent of the company’s total revenue and would invest the same the next year too, a top official said. Citigroup Inc Global Technology Head Jagdish Rao said the company

Public sector insurance employees on strike

Employees of state-owned insurance companies went on day-long nation-wide strike to protest government’s proposed move to raise FDI limit in the private insurance sector to 49 per cent from the present 26 per cent. All India Insurance Employees Association

FIIs in currency futures might increase volatility: Analyst

FIIs in currency futures might increase volatility: Analyst

The likely entry of Foreign Institutional Investors (FIIs) in currency futures will make the currency futures segment more speculative and volatile, a top industry official said. The market regulator, Securities and Exchange Board of India (SEBI), has said it is looking at

HDFC bank cuts home loan rates by 0.5%

In the wake of Home Minister P Chidamabaram’s appeal to lend more, HDFC bank on Friday reduced its home loan lending rates by 0.5 percent or 50 bps. The new lending rates of the bank on loans less than Rs 20 lakh will be 10.25 percent while on amount above

The advantages of low cost secured loans

When it comes to low cost secure loans, many people shy away from the option rather than investigating it a little further in order to find out exactly what advantages applying and obtaining one can bring. However, in this day

Unsecured loans: Your business requires it

No other loan values your time as much as unsecured loans do. These loans are a perfect fit for your business. In business situations, you require money at short notice. And, these loans are best for that purpose. In case of a running business, the

Online car insurance: the advantages and disadvantages

Online car insurance is one of the phenomenon of the 21st Century purely and simply because the financial products that car insurance companies are far more accessible than ever before! All you literally have to do is log on and you have all

Personal loans no collateral loans

Do you want a loan that is available in quick time? Yes, it is quite possible. Even if you do not have any security to offer, you can still get a loan. However, your monthly income should support the loan amount. Normally, lenders see your debt to

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