Swine Flu is no reason to panic
Swine Flu or the new H1N1 is spreading like wild fire in many parts of India. Till Tuesday, there are 8 reported deaths due to this virus with about 959 confirmed cases. Out of 959 positive cases, 563 infected people have been discharged from different hospitals after treatment.

The media, both electronic and print are ignoring this fact and as usual are concentrating more on the...

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Brokerages plan to revise cost structure for mutual fund distribution
The mutual funds (MF) distributors are now planning to revise their transaction cost structure to attract investors as the cost for buying units in a mutual fund has been abolished from Saturday. The distributers believe that it will increase sales, reports PTI.

The distributors are waiting to see whether asset management companies (AMCs) doles out distribution commission for...

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Bank employees to strike work from Thursday
Banking operations in India are likely to be affected for two days from Thursday, as employees of state-run banks or public sector banks (PSB) have threatened to go on a nationwide strike to press for wage hike and other demands, reports PTI.

Tuesday's efforts to avert the strike turned futile as Indian Banks' Association (IBA) failed to concede to the bank union’s demand for a wage...

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