Personal Finance News

• Tax credits, Medicare fix in Senate jobs bill

  - Reuters - Wed 10 Feb, 08:50 AM

  WASHINGTON (Reuters) - Highway funding and tax breaks for hiring workers figure prominently in a jobs-creation bill that Democrats and Republicans in the U.S. Senate hope will attract rare joint support in an election year, lawmakers said on...
• Roubini says Greece aid 'step in right direction'

  - Reuters - Wed 10 Feb, 05:30 AM

  NEW YORK (Reuters) - European officials' consideration to assist Greece is a "step in the right direction," but a loan from the International Monetary Fund would be more beneficial in the long run, economist Nouriel Roubini told Reuters Insider...
• Finally, equity MF plans see inflows in Jan
  

  - Indian Express - Wed 10 Feb, 03:19 AM

  Equity mutual fund schemes, which were witnessing huge redemptions in the last six months, have finally started seeing inflows in January. Three new fund offers were also successfully launched in January 2010. Not only equity schemes, but income...
• Reserve Bank eases norms for ECBs
  

  - Indian Express - Wed 10 Feb, 03:19 AM

  The Reserve Bank of India (RBI) on Tuesday eased the guidelines for external commercial borrowings (ECBs), allowing corporates to modify the drawdown and repayment schedules and switch currencies. Banks can allow companies to change the currency of...
• Tax reforms, selloff plans to top Budget agenda: Morgan Stanley
  

  - Indian Express - Wed 10 Feb, 03:14 AM

  During the upcoming budget on February 26, the government may announce measures on tax reforms, infrastructure, disinvestment in PSUs with steeping up fiscal consolidation, Stephen S Roach, chairman at Morgan Stanley said on Tuesday. There may be...
• BoI defers plan to enter debt mkt
  

  - Indian Express - Wed 10 Feb, 03:13 AM

  After State Bank of India and Bank of Baroda deferred their plans for raising money through the issuance of bond, now another state-owned lender, Bank of India (BoI) has postponed its plan of raising capital through dollar bond. The bank was...

EARLIER HEADLINES

• ONGC threatens to withdraw from 7 blocks on tax concerns
  
  - Indian Express - Wed 10 Feb, 03:10 AM
• A uniform tax rate is a priority in telecom
  
  - Indian Express - Wed 10 Feb, 03:10 AM
• UK asks developing nations to join tax exchange
  - Reuters - Wed 10 Feb, 03:00 AM
• Germany considering loan guarantees for Greece - WSJ
  - Reuters - Wed 10 Feb, 02:30 AM
• Oil rises above $73 on Greek bailout hopes
  - Reuters - Wed 10 Feb, 01:10 AM