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'Teaser home loan rates pose payment shocks'
The teaser home loan rate, the interest rate which is set artificially low for the initial period, could give a ‘payment shock’ to borrowers as the equated monthly installment (EMI) shot up on lenders charging regular interest rates, according to Fitch officials.

More time for IFRS rollout: banks
Banks’ association says the process needs a huge effort.

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FIIs net bought Rs 14 crore in F&O on Monday
The foreign institutional investors (FIIs) were net buyers of Rs 14.90 crore in futures and options segments on Monday.
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India hints at Pak link to Kabul attack

Hinting at Pakistani link to the Kabul Embassy attack, India today said Afghanistan faced threat from terrorists and their "patrons residing across the border" and that the blast was the handiwork of those who wanted to undermine Indo-Afghan friendship. - Incidental erotica - Rajesh Tandon: Educational route to Australia">Rajesh Tandon: Educational route to Australia - Teaching is not enough - "US would welcome political reconciliation process in Afghan" - Indefinite strike by UCIL employees enters third day - SIB emerges largest service provider of New Pension System Foreign Secretary Nirupama Rao, who returned after a two-day visit to Kabul in the wake of Thursday"s attack, said India would not be deterred by such acts and reiterated commitment to pursuing bilateral development partnership and assisting Afghanistan in becoming a democratic, peaceful and prosperous country.


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