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Few takers for loans in Goa: bankers

By Michael Fisher
PANAJI: Goa is probably the only state in India where banks see the state as a milking cow, rather than focussing on trade and industries which have resulted in poor credit-deposit (C-D) ratio. Banks make their money in a lot of ways, such as moving deposit money to branches in other states, this does not affect the deposit base strength, bank sources said on conditions of anonymity.

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‘US looking into India’s concerns on outsourcing’

BOSTON: India, which has conveyed its concerns to the US on outsourcing and H1B visa fee hike, has said the Obama administration is looking into the matter, which can be resolved in a “very reasoned and rationale way” given the maturity and increasing depth in bilateral ties.

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LIC announces launch of Endowment Plus Policy

MUMBAI: Life Insurance Corporation of India on Monday announced the launch of Endowment Plus Policy, which is LIC’s second unit-linked pension plan under the new Insurance Regulation and Development Authority (IRDA) regime. Pension Plus was the first unit-linked pension plan under the new IRDA regime, LIC said in a statement here.

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ICAR chalks out prog to boost farming

CHENNAI: Looking to boost farming sector growth by more than four per cent, Indian Council of Agricultural Research has chalked out a massive Rs 2300 crore programme on various projects, including research.

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Planning for a secure future for your daughter

By Tensing Rodrigues
I am a working middle class woman and want to invest for my one-year-old daughter; kindly suggest some good investments. I would also like to know about the best life insurance plan for her, which includes health insurance along with money back investment.

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Mukherjee to visit US next month

NEW DELHI: The Union Finance Minister, Mr Pranab Mukherjee will visit New York and Washington from October 5-9 to take part in several meetings, including annual meet of the International Monetary Fund and the World Bank that is likely to focus on giving greater say to emerging economies like India and China. During his five-day visit,

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Kunkolienker nominated MAIT chairman

PANAJI: The former president of Goa Chamber of Commerce and Industry, Mr Nitin Kunkolienker was nominated chairman for the Western region of MAIT (Manufacturers’ Association for Information Technology), at their annual general meeting held on September 17.

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