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FINANCIAL SCENE
Credit cards the next big problem area?
Banks issue credit cards freely without an appraisal of the credit standing of the prospective card holder

Fear and uncertainty roil world economies
The U.S., once the engine of the global economy, is ailing

Concern over impact of U.S. crisis
Sharp rupee depreciation caused by heavy FII selling on bourses

Encourage innovation with holistic approach: Basheer
Need to come up with policy norms to encourage the growth of traditional medicine

Interest on savings scheme for senior citizens  
I am a senior citizen and I closed my account in Senior Citizens Saving Scheme, because of the more attractive interest now available from banks. The account was closed on the 15th of the month. I was not given interest for the fortnight. I ...

Capital gains on compensation for shares lost
I had entrusted some shares to a share broker for sale. I did not receive the sale proceeds for a long time in spite of repeated reminders. On a complaint to the stock exchange, it was found that the shares remained unsold having been deposited ...

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