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| Finance & Investments (World) |
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Prostate cancer has been on of those life insurance health issues that we've been able to help a lot with over the years. Like so many other issues it can be an instant decline with a lot of companies and  |  |


It's been at least a year since I last shared my dismay with both the readers of this blog and the ADA about the ADA choice to just ignore the subject of life insurance for those with diabetes on their  |  |
After witnessing a robust growth for four consecutive fortnights, loans growth saw a decrease in the latest fortnight ending October 23. Though the bankers are optimistic that the growth in the second half of the fiscal would be better than  |  |
The government has parked idle funds worth Rs 61,343 crore in its account with the Reserve Bank of India. The idle money with RBI increased from Rs 12,837 crore in June 2009 to Rs 80,775 crore by end-September, and has  |  |


Bihar's deputy Chief Minister, Sushil Kumar Modi's announcement to entitle the state Bataidars (sharecroppers) and landowners to Kisan Credit Cards has led to protests from the state legislators. The legislators are demanding his resignation. Kisan Credit cards are becoming increasingly  |  |
Nation's largest lender, State bank of India, said that it might not withdraw the home loan offer immediately. The home loan offer charges interest rates as low as 8 percent for the first year of repayment.As per the scheme, customers  |  |
An official from finance ministry said that the government has planned to make an amendment in the law regarding its stake in India largest lender, State Bank of India (SBI), thereby enabling the bank to raise funds.Currently the government is  |  |
The centre is in talks with the banking regulator, RBI to ease foreign direct investment norms for banks having over 50 percent foreign ownership but operated by Indians. These banks include ICICI bank and HDFC bank amongst others.ICICI bank had  |  |
Reserve Bank of India has decided to carry out an audit in order to measure the transparency in all financial operations of foreign banks in India. The reason behind this is to ensure that these banks do not pose any  |  |
According to a report on trends and progress of banking in India released by RBI only 1.2% of Urban Cooperative banks (UCBs) held deposits greater than Rs. 1000 crore as on March 2009. These banks constituted 33.6% in the entire  |  |
RBI has bought 200 tonnes of gold from International Monetary fund (IMF). This would not just help in diversifying India's foreign exchange but also help in enhancing value of reserves.Gold prices have been rising at a faster pace than most  |  |
Air India has managed to procure a Working Capital loan worth Rs. 500 crore from SBI. The loan would be used in payments of delayed allowances and incentives to the employees. AI was in urgent need of loans worth Rs.  |  |
The yen is still trapped between two major prices points; the 89.18 lows and 91.44 highs, and as such two wave counts are still possible. The first and primary wave count is an extended red wave III, where a break  |  |
While the Cable and EUR/USD are holding strong, the USD/JPY is having the negative reaction one would expect from such negative U.S. unemployment data. Both the headline Unemployment Rate figure and Service Employment Change data points came in weaker than  |  |
As with the EUR/USD, the Cable is showing a slight positive reaction to the much worse than expected U.S. headline Unemployment Rate (10.2%). The Unemployment Rate breached the psychological 10% level we warned about, yet investors are opting to stick  |  |
The EUR/USD is fluctuating around our 1st tier downtrend and 4th tier uptrend lines as investors digest the worse than expected U.S. unemployment data. The headline Unemployment Rate breached 10% (10.2%) and the services unemployment change data also came in  |  |
Outlook for AUDUSD remains higher having held firmly above its MT rising trendline but must break and hold above the 0.9275 level to expose the 0.9327 level. It was seen heading further to the upside following through on its Thursday  |  |
Cable traded in a narrow range through the day moving between 1.6588 to 1.6635 as the Resistance at 1.6642 continued to hold. Simultaneously it is taking Support immediately from the trendline on the hourly chart, formed by connecting the lows  |  |
The pair remains hesitant giving back its intra day losses to test a high of 1.4917 before closing marginally higher at 1.4876 on Thursday. Though currently trading above its key resistance at the 1.4844 level, a firm hold above there  |  |
Although USDJPY reversed its intra day losses to close higher on Thursday, while holding below the 91.31 level and within its falling channel, threats remain to the downside. With weakness currently seen, lower prices should develop towards the 90.06 and  |  |
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