Want a stamp? Buy a bond, a life insurance instead
Coming soon, to your neighbourhood, is the biggest supermarket of financial services that India has ever seen. A supermarket that has over 6 lakh regular workers, another 3 lakh non-regulars, and over 1.5 lakh branch offices through which it connects and services almost all of India's 6-lakh plus villages.



WEF, CII blame babus for poor FDI
World Economic Forum and Confederation of Indian Industry have come down heavily on the babudom (Indian bureaucracy), describing it as one of the biggest impediments to foreign direct investment (FDI).



Rising pension bill a drain on SBI
SBI's employees’ pension fund scheme is likely to face a huge deficit if the management decides to go through with plans to implement a voluntary retirement scheme and lower the retirement age of its employees from 60 years to 58 years.



Other headlines
Telco looks for strategic partner for Indica
Opposition hits out at govt on equity reduction in banks
ONGC may join hands with Pertamina in NELP bidding
Convergence between other financial services and insurance on -- Rangachary
Bajaj says he can fund MUL acquisition easily
States in a fiscal mess -- Pant
Delhi HC orders Mallya to face ED investigation
DoD for policy decision on sick PSUs
JMM warns Telco of fresh agitation