Court rejects Mamta Kulkarni's plea to de-freeze bank accounts

A special court in Thane has rejected former Bollywood actress Mamta Kulkarni's application for de-freezing her six bank accounts, three FDs and releasing two Mumbai flats sealed in connection with......

Despite Rs 400cr loss, Tirupati temple to pay salaries

A Rs 400 crore revenue loss notwithstanding, the Tirumala Tirupati Devasthanam which governs the country's 'richest' shrine, Sri Venkateswara Temple in Tirupati, has not implemented a pay cut for......

Mumbai beggar dies rich, leaves behind Rs 11.5 lakh

Image only for representation. Photograph: Krishnendu Halder/Reuters Police inquiring about a beggar found dead by the railway tracks in Mumbai stumbled upon a sackful of coins totalling Rs 1.75......

Centre treating human rights organisations like criminal enterprises: Amnesty

IMAGE: Amnesty International office building, where Enforcement Directorate conducted a raid in connection with a foreign exchange contravention case against the human rights watchdog, in......

Kotak Mahindra Bank's loan, deposit growth may be impacted after RBI curbs

Kotak Mahindra Bank’s loan and deposit growth are likely to be affected after the Reserve Bank of India (RBI) asked the private-sector lender not to take on board new customers through the......

Why Bankers Love 'Casa'

Every banker loves the four-letter word Casa as it plays an important role in lowering the cost of deposits.Every bank wants to increase its Casa, as a higher portion of Casa in the overall deposit......

Rising markets fails to lift new investor addition by mutual funds

Even as the returns of mutual fund (MF) schemes have improved considerably in the past three months, addition of new investors has remained in the slow lane for the MF industry. Illustration:......

'You should have a mix of equity, gold, fixed income'

''Returns can be very variable in equity markets.''That is why I tell small investors don't put 100 per cent of your money in equities, even if you are young.' Illustration: Dominic......