Fwd: Today's Exclusives - Regulators seek to create financially aware and empowered India

---------- Forwarded message ----------
From: Moneylife <noreply@moneylife.in>
Date: Mon, Jul 16, 2012 at 9:12 PM
Subject: Today's Exclusives - Regulators seek to create financially aware and empowered India
To: palashbiswaskl@gmail.com

View this message in your browser | View this message in your mobile

 

16 July 2012   Moneylife Exclusive Regulators seek to create financially aware and empowered India MDT/PTI The draft "National Strategy for Financial Education" seeks to create a "financially aware and empowered India" and convert savers into investors over five years...   ADVT Other ML Exclusives   Twisting of the forest laws to cover up Jindal's irregularities in Orissa? EAS Sarma, former secretary to the Government of India, in his letter to the prime minister said political clout of an individual (Jindal) cannot and should not be allowed to cover up criminality of this kind... ................................................................................................................................................... Indians most likely to feel guilty over their "carbon footprint" Developed countries are left scot-free and it is always a developing country that is targeted by the West's Trojan Horses-NGOs. No wonder, citizens of developing countries demonstrate guilt complexes over their own impact on the environment... .................................................................................................................................................... SBI Life Flexi Smart: Why push a product with little value? SB Life is seeking media support to publicise the one year old SBI Life Flexi Smart variable insurance plan. It seems to be a desperate attempt to entice those who put money in traditional products... .................................................................................................................................................... Why blame the MFIs alone? Microfinance investment vehicles control huge capital and by virtue of that they are often able to channelize cross-border flows significantly. These and related institutions should come under proper regulation, reporting and disclosure requirements... .................................................................................................................................................... Indian banks & NPAs – IV: SARFAESI Act and its impact Public sector banks themselves must handle their NPAs by strengthening their recovery departments to minimize the role of borrowers and their cohorts masquerading as experts who derive undue benefits from a well intentioned scheme. This is the concluding part of a four-part series... .................................................................................................................................................... Poor Governance: Corporate India also to share the blame India Inc should be firm in insisting on good governance in governmental administration with the least interference in business and industry instead of running to Delhi to get interest and tax cuts and subsidies... .................................................................................................................................................... Agalega or Andaman Islands? Develop both as strategically important While Andaman Islands is India's territory, the government should discuss the development of the Agalega Islands with Mauritius at the DTAA review next month which would be mutually beneficial to both countries... ................................................................................................................................................... Brazil: B in BRIC stands for bust Brazil is confronted by slowdowns in its major export markets together with a home grown credit mess. It is doubtful that it can save itself, much less the rest of the world... ................................................................................................................................................... Daily Market Report: eakness on Sensex, Nifty may continue If the Nifty manages to close above any previous day's high, the downtrend may reverse... ................................................................................................................................................... Retirement Fund: Reliance MF plans to launch a pension scheme When launched, it would be just the third mutual fund scheme to be notified as a pension fund... .................................................................................................................................................... FII inflows into Indian market set to cross $10 billion The hefty FII inflows have not resulted into a upward movement in the broader market with the Sensex down about 200 points, or 1.2% so far in the month...     At a Glance   - Jaswant Singh is NDA's Vice Presidential candidate - Deepak Parekh to head High-Level Committee on Financing Infrastructure - Bank officer held for siphoning off Rs1.5 crore - Inflation declines to 7.25% in June; food prices harden - India to play three ODI matches with Pakistan in December     Corporate Wrap-up   - Oil companies raise jet fuel prices by 1.7% - BOC India gets industrial gas supply contract from Tata Steel - Gujarat Pipavav Port raises Rs350 crore via private placement - RBI for debt recast of textile units on case-by-case basis - Avantha Power revives plan to raise Rs1,000-Rs1,500 crore through IPO   Personal Finance   - Rajiv Gandhi Equity Scheme norms to come by month end - Savings account interest rates to stay at 4%, says Puri - Flat-buyers can insist that builder meet OC conditions - Insurer asked to pay Rs45,000 for theft of laptop from store - Kotak Mahindra Old Mutual launches new 'Assured Protection Plan'     FROM the ARCHIVES   Cashless Mediclaim: A real-life story & Moneylife guide through the maze Insurance is easy to buy but tough to claim, if you are an individual. Raj Pradhan narrates a real-life story that takes you through the labyrinth of insurance company, broker, TPA and hospital to explain how to make a valid claim and how to avoid going out of pocket... ...................................................................................................................................................... Financial Literacy: Moneylife Foundation conducts maiden seminar in Ahmedabad After successful seminars at Gurgaon, Bengaluru, Kolkata, Chennai and Hyderabad, Moneylife Foundation in collaboration with IndiaBulls, conducted its first seminar at Ahmedabad and the response was overwhelming...   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.

 If you do not want to receive any more mails use click here