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Unions demand 12 pc interest on PF savings
LABOUR leaders on Saturday demanded that the rate of interest on provident fund be raised from last year's 9.5 per cent to 12 per cent annually along with retaining the retirement age for Government servants at 60 years. They also asked for ...
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PSU bank stocks turn risky
BANK shares have traditionally been known as widows' share. The implication — trust them to yield safe and steady, return on investment, devoid of the swings that are associated with riskier stocks. Whether compared on the parameter of wild ...
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BoI plans second public issue
INVESTORS need not worry. The public issue pipeline has not fully dried up, despite the `red alert' on disinvestment. After a month's gap, one of the largest banks in the country, Bank of India, today announced plans to go in for a second ...
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Govt keen on best price for AI, IA fleet
THE top brass of Air India (AI) and Indian Airlines (IA) can now breathe easy. While the Government is keen to ensure that the two State-owned airlines get the best price for the aircraft they plan to acquire, there are no plans to ask them to ...
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Chennai Container Terminal strike off
The strike at the Chennai Container Terminal has been called off from Saturday night, according to reliable trade sources. Non-management workers at the terminal have been on strike from the night of May 23. ...
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Economists want step-up in farm investment
ECONOMISTS on Saturday asked the Finance Minister, Mr P. Chidambaram, to step up public investment in agriculture with particular emphasis on creation of non-farm employment opportunities. At a pre-budget meeting with the Finance Minister, ...
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Mercosur an attractive destination for Indian exporters: Study
A STUDY by the Federation of Indian Chambers of Commerce and Industry (FICCI) and EXIM Bank on the potential for enhanced India-Mercosur trade in pharmaceutical, chemical and petrochemical products, reveals that the size of the markets for these ...
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