Country’s largest bank State Bank of India, foreign lender Citibank and four other banks on Thursday announced cut in their benchmark lending rates by up to 75 basis points, thus paving way for cheaper home, personal and auto loans.
Country’s largest bank State Bank of India, foreign lender Citibank and four other banks on Thursday announced […]
Everyone loves T shirts. That is pretty simple. It’s the class mix of style and comfort. They are also a fairly cheap option for basic clothing. Some might want something a bit better though. You may want to look into custom printed T shirts for you organization.
Nothing spreads fellowship more than getting a bunch of […]
Initiating an awareness campaign on the ill effects of cotton cultivated with toxic chemicals, a city-based exporter in Ludhiana launched an exclusive wear, made of organic cotton. The Unique Selling Proposition of the clothing range is that it is free from pesticides and herbicides. Large doses of chemicals are used in producing Commercial cotton. The […]
The government and the Reserve Bank of India have now turned their attention to specific sectors that have started experiencing the pain of a powering down in the real economy. As a first step, the Finance Ministry today removed the 5 per cent customs duty on jet fuel to prop up the civil aviation sector […]
Businesses need more than money to survive. They need that business sense and proper organization and planning to excel. Small things are also significant in business. Take for example business cards. A business card gives the first impression of your business. Thus, a business card should be able to reflect your business values. […]
With the financial crisis hitting the US economy badly, the Middle East is emerging as a key market for the small and medium enterprises (SMEs) of India’s IT sector as they seek to reduce their dependence on the US market.’The US accounts for almost 76 percent of India’s total IT exports, but with the slowdown […]
In what can be seen as another closer step towards bringing in strict measures against short selling, or a possible ban, the Securities & Exchange Board of India (Sebi) has sent out a communication to the foreign institutional investors (FIIs), disapproving overseas lending or borrowing exerting selling pressure in the cash market in India.
“Sebi has […]
Surprised bankers, analysts and industry welcomed the central bank’s cutting the repo rate by 100 basis points Monday, saying it was a positive step to bring financial stability in the system.
The move, which takes immediate effect, came ahead of a monetary policy review Friday.
“This is totally unexpected,” said Development Credit Bank managing director and CEO, […]
General Electric Co. spared investors any nasty surprises as it reported a 22 percent drop in third-quarter earnings on Friday, meeting its own lowered forecast and blaming the decline on its struggling finance arm. The company’s loan and lease business has been hammered by the worst financial crisis since the 1929 stock market crash.
GE, which […]
Even back-to-back swift actions by RBI and Finance Ministry and a fall in inflation beating expectations failed to instill any dose of confidence in panic-stricken investors as benchmark Sensex plunged to close the day by over 800 points on selling spree. The bellwether index tanked over 1,000 points within minutes after opening, which along with […]