The government is pooling in its regulatory resources to frame a comprehensive rulebook for wealth management advisors.

Under the new special scheme, home loans of up to Rs 75 lakh attract 8.50 per cent interest rate for the first year and 9.25 per cent for the next two years.

The Reserve Bank of India is looking for an alternative payment mechanism to enable oil firms to bring home the contracted Iranian oil imports for January.

RBI governor Duvvuri Subbarao says the cash crunch is due to two reasons - structural issue such as faster loan growth compared with the growth in deposits, and frictional factor caused by a build-up in govt cash balances.

The Bombay Stock Exchange's 30-share barometer, which rose over 300 points in previous trade, ended the session lower by 9.94 points, or 0.05 per cent, at 20,345.69.

Since the announcement, as many as 25 banks, including State Bank of India, ICICI Bank, Punjab National Bank and Bank of Baroda, have already raised interest rates.

State Bank of India, the country's largest lender, rose 1.67 per cent to Rs 3,111.80, to emerge as the best performer in the Sensex-30 pack.

Analysts said a slightly higher than expected rise in the policy ratesby RBI and weak global cues halted the rally on Dalal Street.

Indian banks’ global exposure is relatively small, with international assets at about 6% of the total assets. Even banks with international operations have less than 11% of their total assets outside India.

For too long now, the pension sector has been a woefully neglected stepchild for everyone—government, regulators and investors. Now, hopefully, the first step towards pension reforms has been taken.

Bond funds are relatively insulated from equity market vagaries. Money Today considers the benefits of debt.

Is it time to buy or sell or wait? Here's how to navigate in the anxious real estate market.

If there is no growth then a smaller fiscal deficit or low inflation or long-term rates are of little use.

Political parties have made tall promises in their manifestos, unmindful of the high cost of fulfilling them later borne by the voters who were once lured by the promises.

Just when you think the advantage is with one of them, a few thrusts and parries later, it swings to the other. As equations change at the Centre, the battle between Anil Ambani and Mukesh Ambani gets shriller—and more desperate. BT's Suman Layak reports. Chronology of war between the Ambani brothersMukesh Ambani meets Manmohan on windfall taxIs it advantage Anil at Dalal Street?Ambani rivalry compared to Archer's potboilerAmbani brothers: The battle to be No. 1 is on

Developers are fighting hard to hold their prices, while buyers are betting on a fall. Here's the thing: real estate prices will correct, but you can rule out a crash.

These are extraordinary times, not just for India but the whole world. At no time before in world history has inflation and economic downturn combined to create a “caught-between-ice-and-fire” situation. In India, rising inflation coupled with a moderating economy does signal a cyclical slowdown, but the country’s long-term growth story is still intact. An analysis by BT's Shalini S. Dagar.

NBFCs are aspiring to become one-stop shops for all financial services, and, in the process, coming into direct competition with scheduled commercial sector banks, especially in the private sector. Large NBFCs, such as Reliance Capital and Indiabulls, are giving banks a run for their money in many of their traditional segments. BT's Anand Adhikari reports.

Despite its best efforts at keeping prices down, the government is faced with an inflation fire that refuses to die out. The inflation rate based on the wholesale price index shot up to a 13-month high of 6.68 per cent for the week ended March 15.

The recent round of rate cuts is welcome, but will it rev up housing sales? Should you buy or invest in a house now?