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Doubts over European banks' stress tests
The tests found that 7 of the region's 91 largest banks need to raise capital to withstand an unexpected decline in economic growth

Regulator's move to improve policy persistency
The Insurance Regulatory and Development Authority has put on its web-site an exposure draft giving policy persistency rates of life insurance companies in the private sector and the steps proposed to be taken to improve them. Policy ...

An upbeat assessment anticipates the monetary policy review
The Prime Minister's Economic Advisory Council (EAC) in its recently released Economic Outlook 2010-11 is upbeat on the country's economic growth. Continuing the recent trend of optimistic forecasts of GDP growth by international and ...

TAX FORUM: QUESTIONS & ANSWERS
Capital gains on sale of ancestral property
QUESTION: I have received a lump sum amount as my share of sale proceeds of our ancestral property. To avoid tax on capital gains, I want to invest the same on purchase of a property. Can I purchase the property in my wife's name? Kindly ...

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