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PUNE: The University Grants Commission(UGC) and All India Council for Technical Education (AICTE) have recognised the courses offered by 10 more Symbiosis Society institutes, which were hitherto autonomous institutes. These institutes will come under the fold of Symbiosis International University (SIU) which is a deemed university. SIU will now be able to offer degrees instead of diplomas to their students. The recognition comes close of the heels of the union government’s move to enforce quotas in deemed universities. Symbiosis has accepted the centre’s proposal with a caveat that the number of seats be enhanced by 54% to recoup the loss they

Syndicate Bank on Friday announced the reduction of credit rates on mortgages, SSI and SME lending, consumer credit and loans to women entrepreneurs ranging from 0.25 percent to 1.50 percent as of February 18, 2008. Interest rates on housing loans has been increased by 25 basis points for loans up to 20 lakh case To increase the power of granting credits to small businesses and SMEs, the Bank has decided to reduce interest rates by 25 basis points to 1 percent depending on the credit rating of customers. To encourage women entrepreneurs, interest rates were increased by 1 percent on loans

Mba WCB Rates The majority of Manitoba employers will see lower workers compensation premium rates next year. Doug Sexsmith, C-E-O of the Workers Compensation Board, says about 64 per cent of employers will see reductions in their assessment rates in 2007. Employers will pay an average of one-dollar-and-68-cents per 100 dollars of their assessable payroll for injury insurance coverage effective January 1st. The actual rate may vary depending on an employers injury cost record and the safety risk involved in different industries. Sexsmith says Manitoba will have the third-lowest average assessment rate in Canada next year. Source : ohscanada.com

Mortgage Applications Surge on Low Interest Rates With long-term interest rates remaining at their lowest levels of the year, mortgage applications surged last week, according to the latest Weekly Mortgage Applications survey from The Mortgage Bankers Association (MBA). For the week ending December 8, the MBAs survey showed that the weekly Market Composite Index, which measures mortgage loan application volume, increased 11.4 percent overall from the previous week. Refinance applications, which rose 15.8 percent, saw their largest gain in over a year, while purchase applications also showed significant growth with a week-over-week increase of 8.7 percent. Bob Walters, chief economist of Quicken Loans,

See ABSTRACT] A fall in interest rates in the short term and a strong manifestation of keeping in touch, the price of the stock exchange to three days of relaxation living yesterday as the Dow Jones industrial average advanced 10.37 points, 872.81 . High interest rates have rockten share prices since mid-June, analysts noted, so all the signs of an easing.

KOLKATA: Economists in the country, believes that the efforts of the government for promoting the economy through lower interest rates will not work in India. Susheel Khanna, an economist with the Indian Institute of Management, Calcutta, said the fundamental problem of insufficient demand in the economy would not be solved by a reduction in interest rates. The government should be the nature of expenditure and uncut, what is happening to him in the moment, he added. The Declaration of point Khanna had said what is happening in other countries would not retaliate because private sector participation in infrastructure has been almost negligent. The measures

Each businessman has to deal with both sections of people, one from whom he has to procure goods for manufacturing or direct sale and secondly with his customers. Buying and selling today is not as easy as it had been in the past.. Because of the modern mans growing greed, a lot of haggling, deceiving, misrepresentation of facts, cheating and a number of dubious activities are applied to grab as much money as one can. Besides having good knowledge of the quality and standard of goods, as also of the competitive prices, perhaps the most important thing while buying goods

NEW DELHI, May 3 Asia Pulse - Ahead of the Reserve Bank of India's (RBI) slack season credit and monetary policy, Life Insurance Corporation of India, one of the biggest players in the financial sector, Saturday said there were expectations that interest rates could go up marginally. "We see signs of interest rate hardening and there is a slight increase also," LIC chairman S B Mathur said here at an insurance seminar organised by Birla Institute of Management Technology. Observing that the yields on Government securities had risen to 5.23 per cent during October 2003 as compared to 5.11 per cent in

Capella University (www.capella.edu), an accredited,* online university based in Minneapolis, today introduced a new Education Specialist (EdS) online degree program, as well as a Master of Science in Public Health. Twelve new graduate and undergraduate specializations are also being launched in such fields as emergency management, retail management, school counseling, educational leadership, health information management, human resource management, information security, and project management. Enrollment is now open, with classes beginning fall quarter 2007. With the addition of the EdS degree, Capella can offer teachers and administrators an intermediate degree between our master's and PhD degree programs, said Harry McLenighan, dean

Kozhikode: students at the Indian Institute of Management Kozhikode (IIM-K) have been inundated with offers of lucrative employment this year. Abhilash Vijay Nair, offer wages higher so far in a Business School in the region: Buy. 16.67 lakhs per annum. Abhilash whose parents belong to Thiruvananthapuram, offering a financial services provider. The offers, some of whom were students of this year, are attractive. On an average, each student has no less than 3.18 Tender (423 offers for 133 students). Thus, more than 34 students have an annual salary of over RS. 10 lakhs each. Foreigners, offers further gr. 30.38 lakhs per annum.

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