Business & Economics
Banking
India
PM ‘JAN DHAN’ YOJANA LAUNCHED; 1.5 CRORE BANK ACCOUNTS OPENED IN A DAY
NEW DELHI (TIP): Prime Minister Narendra Modi on Aug 28 launched his government’s mega scheme ‘Jan Dhan Yojana’, declaring that it was aimed at eradicating financial untouchability by providing bank accounts to the poor. On […]
Business & Economics
Standard Chartered fined $300 million over money laundering controls
NEW YORK (TIP): New York state’s banking regulator hit Standard Chartered Bank with a $300 million fine and restrictions on its dollar-clearing business on Tuesday for not detecting possible money laundering. The New York Department […]
Business & Economics
India
Jan Dhan scheme to help poor open bank accounts: PM
NEW DELHI (TIP): Prime Minister Narendra Modi on August 15 launched ‘Pradhan Mantri Jan Dhan Yojana’ to help the poor open bank accounts which will come with the facility of a debit card and an […]
Business & Economics
TATA GROUP IS INDIA’S MOST VALUABLE BRAND: STUDY
NEW DELHI (TIP): The Tata group has retained its place as the country’s most valuable brand at $21 billion, while the total worth of top-100 Indian brands now stands at $92.6 billion, says a new […]
Business & Economics
India
Indian Americans
Indian-American Coalition endorses Rep. Jim Himes for Re-election
NEW YORK (TIP): Citing Rep Jim Himes’ support of the Indian American community and his dedication to the legislative issues at the Capital, a group of Indian Americans joined together to host a reception and […]
Europe
Saleem Iqbal President & CEO HAB BANK, New York
On behalf of HAB BANK, I would like to extend Independence Day greetings to our community in the tri-state area. As we celebrate Independence Day this year, we can take pride in our achievements as […]
Business & Economics
Business & Economics
Business & Economics
United States
Europe
Austerity blame-game dominates EU candidates’ debate
BRUSSELS (TIP): The five top candidates to head the European Commission swapped accusations on Thursday over the impact of Europe’s austerity measures and the role played by banks in sparking the economic and financial crisis. […]
Business & Economics
United States
Xoom Announces Instant Deposit Service to HDFC Bank Accounts in India
SAN FRANCISCO, CA (TIP): Xoom Corporation (NASDAQ: XOOM), a leading digital money transfer provider, announced, March 31, a partnership with HDFC Bank Limited (NYSE: HDB), by offering instant deposits to INR denominated HDFC Bank accounts […]
Business & Economics
NEW BANKING LICENCES LIKELY TO WIDEN FINANCIAL INCLUSION PROCESS
MUMBAI (TIP): The new banking licences issued to IDFC and Bandhan Financial Services Private Limited and the Reserve Bank’s intention to consider the application of Department of Posts separately in consultation with the Central Government […]
Business & Economics
CBI BOOKS 6 COMPANIES FOR LOAN DEFAULTS
NEW DELHI (TIP): The Central Bureau of Investigation (CBI) has registered 10 FIRs against six companies for allegedly defaulting on loans from state-run banks. The companies against whom the agency has filed FIRs include Deccan […]
United States
Seminar on Banking & Taxation
NEW YORK (TIP): New York seniors held a seminar on Banking and Taxation on Wednesday, February 26 at Panchmukhi Hanuman Temple, Glen Oaks. Shashikant Patel briefly explained about NRE, NRO, FCNRE accounts, updated tax deduction […]
United States
US attorney probes Mt. Gox, bitcoin businesses
NEW YORK (TIP): Manhattan attorney Preet Bharara has sent subpoenas to Mt. Gox, other bitcoin exchanges, and businesses that deal in bitcoin to seek information on how they handled recent cyber attacks, a source familiar […]
Featured
Dragnet Nation’, by Pulitzer Prize Winner Julia Angwin – Be Warned About Dangers of PCs / Mobile Phones Being Hacked
While driving back from Long Island on Monday, February 24, I listened to an absolutely fascinating interview of Pulitzer Prize winning journalist Julia Angwin, author of Dragnet Nation, on the issue of privacy and cyber […]
India
Interim Budget 2014: Cars, consumer durables to be cheaper
NEW DELHI (TIP): Financial markets went in for the interim budget with little expectation, and rightly so, as finance minister P. Chidambaram was not expected to tinker with the existing tax laws. But he still […]
Business & Economics
India
RAMDEV TWEAKS TAX PROPOSAL, SUGGESTS AMNESTY
NEW DELHI (TIP): With mounting criticism over the proposal to introduce a tax on bank deposits and abolish all other levies, yoga guru Baba Ramdev, who is one of the key proponents of the new […]