The text of President Kalam's speech

The text of President A P J Abdul Kalam's address to the joint sitting of Parliament:Honourable Members,I am delighted to address the first session of both Houses of Parliament after the elections......

Confused about the Budget proposals? Please read this

Extends fiscal deficit reduction roadmap by one year to 2017-18 Raises services tax, to implement GST by April 2016 and cut corporation tax from 2016-17 to 25% by 2020 The Government has presented......

RBI penalises JP Morgan Chase

The Reserve Bank on Friday imposed a penalty of Rs 5 lakh on US banking major JP Morgan Chase for violation of various norms including risk-management guidelines. "The Reserve Bank of India has......

Book extract: HDFC Bank, Warts and All

HDFC Bank was penalised R15 lakh in April 2011 for its role in the so-called derivatives scam. By no means is this big money for the bank but such regulatory actions tarnish the image of a bank. In......

Entire text of finance minister's Budget Speech

Budget 2010-11 provided considerable relief to income tax payers by raising the slabs at two levels but hiked the central excise duty on non-petroleum products across the board from 8 to 10 per......