Fwd: Today's Exclusives - Public sector banks - 2: Brazen, quixotic and thoughtless directives from Delhi

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From: Moneylife <noreply@moneylife.in>
Date: Tue, Jun 12, 2012 at 7:28 PM
Subject: Today's Exclusives - Public sector banks - 2: Brazen, quixotic and thoughtless directives from Delhi
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12 June 2012   Moneylife Exclusive Public sector banks - 2: Brazen, quixotic and thoughtless directives from Delhi A Banker The Department of Financial Services has been overactive in issuing directives. Worse, DFS is resorting to brazen ways of dictating to PSBs to sponsor their proposals to the board and get them approved...   ADVT Other ML Exclusives   Relying on your ATM for emergency cash? Think again You may be nastily surprised that your ATM has run out of money when you really need it... .................................................................................................................................................... Daily Market Report: Sensex, Nifty may continue to rise A decisive break of the low of any previous day will signal a possible reversal... .................................................................................................................................................... Moneylife Foundation seminar on 'Bee Safe and Smart' Moneylife Foundation continues its successful series of seminars on financial literacy. The 118th workshop "Bee Safe and Smart with your Money" informed participants to avoid schemes that deceive investors and how to invest money in a manner that would give maximum return... .................................................................................................................................................... Weak IIP not translating into lower inflation; will RBI go in for a rate cut? While weak IIP numbers are still not translating into weaker inflation, which continues to be high, several economists believe that this may prompt the RBI to cut rates by 25 bps on 18th June... .................................................................................................................................................... What NTPC should have done with its 16.10 billion units of surplus electricity NTPC knows that it cannot 'store' the electricity generated. Instead of wasting the generated power, it should be used to run industries that do not involve grid locking and sold at the best possible price to obtain some revenue! .................................................................................................................................................... Can India achieve a 9% GDP growth once again? Removal of subsidies of all kinds, including those on petro-products, and tackling corruption can help India to return to a GDP growth rate of 9%... ................................................................................................................................................... India ranks 23rd in financial literacy among 28 countries, says Visa Indians are under-invested when it comes to saving for emergencies and according to the global survey, over 70% Indian respondents can barely manage personal economic emergencies for three months... ................................................................................................................................................... Inadequate sleep likely to increase stroke risk Researchers found a strong association with daily sleep periods of less than six hours and a greater incidence of stroke symptoms for middle-aged to older adults, even beyond other risk factors... ................................................................................................................................................... How Microsoft and Yahoo are selling politicians access to you The personal information you gave Microsoft or Yahoo may be used to target you with online ads...     At a Glance   - Hazare challenges PM to name the 'external forces' - Presidential poll on 19 July, counting on 22 July - Mumbai Metro I misses deadline again, would be ready by March 13 - Government can withdraw security clearance to NRI-held company - Google, Apple using hi-tech mapping cams that can peep into your room - SBI says Reserve Bank may cut CRR by 1%   Corporate Wrap-up   - DLF sells Adone Hotel for Rs567 crore to cut mammoth debt - Suzuki Powertrain to merge with Maruti - Komli Media raises $39 million from Norwest, others - Raymond sees 400% growth in social media ad spends   Personal Finance   - HDFC ERGO launches weather insurance for Maharashtra farmers - No-frills accounts rise over two-fold in last two years - My Mobile launches money-on-mobile payment services     FROM the ARCHIVES   The Seema Rai case in Satyamev Jayate: Time to bell the cat? The Seema Rai case of a failed pancreas transplant was discussed on Aamir Khan's Satyamev Jayate. Here is the full story of what went wrong in that case starting from the fact that Fortis did not even have the licence to perform pancreas transplant surgery... ...................................................................................................................................................... Satyamev Jayate & doctors: Look at the spurious basis of modern medicine One cannot blame the doctors; they are also tempted. Unfortunately, the black sheep outnumber the good ones. But the bigger issue is the spurious basis of so-called modern medicine...   To subscribe to this free newsletter log on to www.moneylife.in or email us at newsletter@moneylife.in To get FREE updates via sms click here.

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