The Government under pressure on another front – getting back money stashed outside

The Congress (UPA) Government is already under pressure on a number of different fronts related to corruption, and the perception that the Government has started drifting on policy matters has been increasing to a large degree. With the recent disruption in the entire winter session of Parliament over the demand for a JPC probe in […]

Personal Finance – What is a down payment ?

A term such as a down payment may seem obvious to many people who have experience in dealing with financial matters, but it makes a lot of difference to somebody who is getting into the matters of loans, EMI’s, etc for the first time. I know a lot of younger people who did not plan […]

Consumer: Bank charged penalty for charging older customer more than newer customers

It is an established business fact that when banks give loans to their customers, they normally treat newer customers more attractively than they treat older customers. The terms and conditions of the loan specify for floating rate loan that banks can charge customers more (either by increasing the EMI amount, or the loan duration) if […]