Insurers invite Irda ire over ULIPs issue Irda Chairman C S Rao said lowering agency commission on ULIPs was one of the measures being considered to curb malpractices, following a spate of complaints it received against insurance agents.
YOUTH SPLURGE ON COSMETICS, APPARELS
Fashion fuels spending spree among the GenX The average expenditure of Indias youth on cosmetics, apparel and mobile have exceeded Rs 2,500 per month against average expenditure of less than Rs 1,000 in year 2000.
Defaults to see PSU banks NPAs shooting up: ICRA Public sector banks in the country are likely to see an increase in their level of bad loans over the next three years to 4-5.5 per cent from 2.8 per cent at the end of March 2007.
Lockheed, Wipro team to light up Ambar Jyoti US defence major Lockheed Martin has joined hands with Wipro to set up an innovation centre in Gurgaon for demonstrating and developing solutions for defence and internal security sectors.
Bollywood actress & General Motors brand ambassador Rani Mukherjee (left) with General Motors India President & Managing Director Rajeev Chaba at the launch of new Chevrolet Promise car, in New Delhi, on Friday. AFP
India’s nuclear deal with the United States has generated a lot of heat and dust.
Who is the principal beneficiary of this “historic” deal -- India or the US?
We invite our readers to give their opinion in about 100 words. Responses may be sent to Deccan Herald, No 75, M G Road, Bangalore - 560001 or e-mail: editordh@deccanherald.co.in latest by 2 pm on Saturday.
A selection of responses will be published in Sunday’s edition.
