SBI not to give car loan to people with annual income of less than Rs 6 lakh

SBI not to give car loan to people with annual income of less than Rs 6 lakhIn a bid to minimise possible defaults on four-wheeler loans, State Bank of India (SBI) has announced its decision not to give car loans to those who earn less than Rs 6 lakh per annum.

Tightening eligibility conditions for its car loan schemes, SBI, the biggest state-owned lender of the country, said that it had raised the eligibility limit for four-wheeler loan issuance for salaried people from annual income of Rs 2.5 lakh to annual income of Rs 6 lakh.

Stay positive for a healthy heart

healthy-heartCopenhagen, Sep 12 : Having a positive attitude encourages heart disease patients to exercise more which in turn increases longevity, says a study.

Researchers used a questionnaire to assess the moods of 600 heart disease patients in a Denmark hospital.

Five years later, researchers found the most positive patients exercised more and had a 42 percent less chance of dying for any reason during the follow-up period. Deaths were less than 10 percent.

Among patients with less positive attitudes, 50 deaths occurred (16.5 percent).

Analyst Recommendations for Indian Investors

Indian markets have managed to pullback from the quick decline witnessed in August. But, the investors have become very cautious and many of them are confused as well. The market direction is dependent on various factors and many of them are out of control of the companies one may invest in. The risk of war on Syria scared the investors in August and September. The Indian currency also faced one of the fastest falls in the month of August. Investors should be cautious about where they put their money. So, we are presenting some of the stocks which one can invest in medium to long term.

GBP/USD: A Bearish Reversal?

GBP/USD: A Bearish Reversal?GBP/USD is in bullish mode and reached our projected zone for this week; 1.5800-1.5900 which is actually a very important resistance zone in combination with the wave principle and Fibonacci levels.

Putin hails Obama's decision on talks on Syria

Vladimir-PutinNew York, Sep 12 : Russian President Vladimir Putin has welcomed the decision of his US counterpart Barack Obama to continue the dialogue process on the Syrian issue.

“I welcome the president’s interest in continuing the dialogue with Russia on Syria,” Putin wrote in an article published in The New York Times Wednesday.

“We must work together to keep this hope alive, as we agreed to at the Group of 8 meeting in Lough Erne in Northern Ireland in June, and steer the discussion back toward negotiations,” he wrote.

Brands should suit my personality: Rannvijay

rannvijay-singhNew Delhi, Sep 12 : Video jockey-turned-actor Rannvijay Singh has collaborated with Italian eyewear brand Carrera for his upcoming show "Rannvjrun" and says that his mantra is to team up with products that suit his personality.

The 29-year-old announced the association Wednesday.

"I am not a brand oriented person. You will never see me wearing some jeans with flashing big brand's name," Rannvijay, who will be seen indulging in adventurous activities on the show, told IANS.

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