Banks see highest loss in credit cards Banks are witnessing high losses in their credit card operations estimated at 12 per cent while the losses on account of personal loans work out to 4 per cent, according to a study conducted by a private bank.
Crisis effect can be diluted The European Central Bank pumped $ 212.98 bn in the eurozone banking market on Thursday and Friday as central banks across the globe rushed to ward off a global credit crunch linked to US subprime loan market.
Foreign cos may have to pay more tax I-T department has raised demand for additional tax amounting to Rs 54,823 crore from corporates and individuals, including Rs 9,890 crore from foreign cos, according to a Finance Ministry (FM) official.
A fisheye aerial view of Singapore's major expressway passing through private property, left, and the construction of Singapore's version of the London Eye, right. Singapore's economy grew 8.6 percent in the second quarter, driven by strength across most industries, according to government figures. AP
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.
