Inter Mobile Payment System, known as IMPS in short has been launched in India. The move has been initiated by National Payment Corporation of India (NPCI). To begin with seven Indian banks have started the service.
Business
Latest Economy & Business News
Obama proposes a $3.73 trillion budget to the US Congress
US President Barack Obama has proposed a $3.73 trillion budget to the US Congress. The budget has shown deficits being brought under control and the methods to be adopted are going to be quite harsh. He has proposed to balance the economy by bringing down the deficits in the budget by spending cuts and increasing […]
Rise In Foreclosure Shocks America
There has been some stupefying news on the forefront of real estate in USA. Foreclosure in USA homes has risen by a margin of nearly 12 percent. Realtytrac has recently reported after a well conducted study that lenders have foreclosed on 78,133 homes in January of this year. This is an alarming rise from last month […]
Toyota Recalls 1.7 Million Vehicles Citing Quality Reasons
In a bid to restore its reputation on quality, Toyota Motors has decided to withdraw their 1.7 million vehicles in different parts of the world. The company has withdrawn around 16 million of their vehicles from 2009 and the company officials are saying that they are doing it for restoring their reputation on quality.
Orange County Choppers Foreclosure: Reason Behind The Bankruptcy
Last night the most shocking scene from “American Chopper” of Orange County Choppers was the preview where viewers saw a caption with OCC and their money related troubles written in clearly visible and bold headline. If you watch reality TV shows then you must know that what is seen on television set is not in […]
Andhra Bank Plans To Double Their Business in Gujarat in Two Years
Andhra Bank has declared that they have got plans to double their business in the state of Gujarat within a span of two years. Announcing this today, Mr. R. Ramchandran, The Chairman and Managing Director of the Bank said that this will be possible because of huge business expansion planned in Gujarat within a span […]
How Can People With Bad Credit Get Secured Loans?
If you have a bad credit history, you are not likely to get any personal loan or credit card. Since you have a bad credit history, finance companies will not feel comfortable to give you any loan which is not secured. Hence, you will become eligible of getting only secured loan.
Quarterly Profit of Goldman Sache Dips to A Great Extent
The fourth quarter earning of reputed bank and investment banker Goldman Sache dropped by 52% as reported by the banking authorities at the end of this quarter. A huge drop in the earning was reported as there was a massive drop in revenue from investment banking and trading.
Merchants Be Careful From Online Frauds
Online trading and money transfer is a boon for merchants but they also fall prey to online fraud. There are people indulging in illegal marketing techniques such as phishing and hacking.
Search For Various Online fraud forums that can help you
Online frauds have gone up significantly and the losses are on the tune of millions of dollars. Small time merchants and businesses can beef up their vigilance but it is necessary to get some guidance on how to tackle such scams.
Protect Yourself Against Online Banking Fraud
Online banking has made life a lot easier for all of us. Receiving or transferring funds can be done from the comfort of our home. There is no standing in queue or waiting for check clearance. But at the same time it has left us open to hackers and criminal who can get access to […]
Arrange Purchase Structured Settlement Properly To Meet Your Future Cash Needs
It may so happen that due to some reason, an insurance company is liable to pay huge amount of money to you. It may be due to death of some of your family member or may be an accident insurance claim. In such case, it may not be possible for the insurance company to pay […]
Banks Offer Loan For DDA Housing Scheme 2010
As the days for DDA Housing scheme 2010 is coming to a close, many banks have started offering loans for DDA Housing scheme 2010. The two public sector banks which have taken the initiative in this regard include State Bank of India and Central Bank of India. Axis Bank has also joined the race and […]
See Which One Suit You Best – Home Equity Loans Or Line Of Credit
After the recession in 2008, it can be seen that many mortgage loans have become defaulters and hence one must have thorough knowledge if one decides to go for a mortgage loan. Now, home equity loans can be given in two types – one is the term or closed end loans while the other is […]
After Ireland, It Is Now Portugal’s Turn For Bailout
The European nations are now urging Portugal to accept a bailout package in order to save Spain. Actually, Portugal is highly exposed to Spain and if one becomes insolvent, the effect will come on the other. If Portugal does not accept the bailout package, then both Spain and Portugal will need the bailout and that […]
Huge Loan Scam!!LIC Housing Finance CEO Arrested
The Central Bureau of Investigation of India conducted a raid on the top financial institutions of India and arrested many of their top ranking executives. The executives were arrested on charges of taking bribes from large corporate houses for granting loans to them. The CEO of LIC Housing Finance has been arrested in Mumbai on […]
Ireland To Accept International Bailout To Prevent Bank Collapse
Finally, the truth has been accepted. Ireland has agreed to accept the multi-billion Euro international bail out package to save the crippling economy which is unable to come out of it’s crisis. Finance Minister of Ireland has finally agreed that the bail out package will be extremely helpful to stabilize the finances of the nation.
Will The US Taxpayers Get Any Tax Relief?
The Democrat party members had a tremendous argument with the President Obama over the extent of tax relief the US administration may offer to the US citizens. First of all, the question on which the debate took place is whether all the taxpayers be given tax relief or it will be limited for the middle […]
Student Loan Consolidation Is Very Much Essential For New College Graduates
With college fees increasing every year, college graduates will really have to see the condition of their finances once they complete walking the stage. With unemployment rates going up and salary packages getting thinner, graduates will have to really think about repaying the money which they have borrowed to complete their education during the college […]
Europe Mounting Up Pressure On Ireland To Accept A Financial Bailout
When recession put its grips on different world economies in 2008, Ireland was perhaps one of the few nations which went almost on the verge of bankruptcy. Today different European nations have asked Ireland to accept a bailout package from different European nations. But Ireland government authorities are not agreeing to the proposal and they […]