cost of borrowing

Kenya’s central bank cuts benchmark rate


July 6th, 2012 - 2:14 pm ICT by IANS
Nairobi, July 6 (IANS) Kenya's Central Bank (CBK) has reduced its interest benchmark rate (CB Rate) to 16.5 percent from 18 percent to bring inflation towards the medium-term target and ... Read more...

Posted in Business |

Realty industry welcomes rate cut, sees benefit for all


April 17th, 2012 - 5:23 pm ICT by IANS
New Delhi, April 17 (IANS) The interest rate sensitive realty industry Tuesday welcomed the Reserve Bank of India's (RBI) decision to cut key lending rates by 50 basis points, and ... Read more...

Posted in Business |

Unemployment hits 8-year high in Italy


March 2nd, 2012 - 5:04 pm ICT by IANS
Rome, March 2 (IANS/AKI) Italian unemployment in January rose to an eight-year high of 9.2 percent as the euro zone's third-biggest economy implements economic and labour reforms amid a recession.January ... Read more...

Posted in Business |

Italian business confidence falls


February 28th, 2012 - 3:43 pm ICT by IANS
Rome, Feb 28 (IANS/AKI) Italian business confidence fell in February as the euro zone's third-largest economy was mired in recession.The manufacturing-sentiment index fell to 91.5 from 92.1 in January, national ... Read more...

Posted in Business |

Srei aims to broadbase borrowing options


January 7th, 2012 - 10:39 pm ICT by IANS
Kolkata, Jan 7 (IANS) Kolkata-based Srei Infrastructure Finance (SIFL), one of the leading non-banking financial institutions (NBFC) of the country, is aiming to broadbase its borrowing options and may come ... Read more...

Posted in Business |

Realty stocks on sticky wicket amid high interest rates, controversies


August 21st, 2011 - 2:34 pm ICT by IANS
Mumbai, Aug 21 (IANS) If you had put Rs.100 in the realty index of the Bombay Stock Exchange (BSE) a month ago, you investment today is down to Rs.75 and ... Read more...

Posted in Business |

Auto, realty sectors unhappy at interest rate hike (Lead)


July 26th, 2011 - 8:54 pm ICT by IANS
New Delhi, July 26 (IANS) Automobile and realty sectors Tuesday voiced reservations over the RBI decision to hike interest rates by 50 basis points to tame inflation, which sets the ... Read more...

Posted in Business |

Auto, realty sectors unhappy at interest rate hike


July 26th, 2011 - 7:43 pm ICT by IANS
New Delhi, July 26 (IANS) The country's automobile and realty sectors have expressed their reservations over the Reserve Bank of India's (RBI) decision to hike interest rates by 50 basis ... Read more...

Posted in Business |

Planning Commission okays Gujarat’s annual plan


June 24th, 2011 - 9:05 pm ICT by IANS
New Delhi, June 24 (IANS) The Planning Commission Friday okayed Rs.38,000 crore annual plan expenditure for Gujarat, focused on increased spending on infrastructure, education, health and social welfare programmes.The ... Read more...

Posted in Business |

China’s corporate performance declines by 4.2 points


April 9th, 2011 - 1:43 pm ICT by ANI
Beijing, Apr.9 (ANI): China's National Bureau of Statistics (NBS) has said the Business Climate Index, the main indicator of corporate performance, has declined by 4.2 points to 133.8 in the first quarter ... Read more...

Posted in World |

India’s central bank hikes rates again to fix inflation (Lead)


November 2nd, 2010 - 2:00 pm ICT by IANS
Mumbai, Nov 2 (IANS) With inflation rate still above its comfort zone, India's central bank Tuesday hiked both its short-term borrowing and lending rates by 25 basis points each in what could ... Read more...

Posted in Business |

India’s central bank to review monetary policy Tuesday


October 29th, 2010 - 5:22 pm ICT by IANS
Mumbai, Oct 29 (IANS) The Reserve Bank of India (RBI) will conduct its quarterly review of the monetary policy for this fiscal Tuesday amid hopes that policy rates, already hiked five ... Read more...

Posted in Business |

India’s central bank acts on rising prices, upbeat on growth (Roundup)


July 27th, 2010 - 3:36 pm ICT by IANS
Mumbai, July 27 (IANS) India's central bank stepped up its attack on rising prices a tad more than expected by hiking two key short-term rates while raising its forecast on both ... Read more...

Posted in Business |

India’s central bank hikes key rates to tame inflation


July 27th, 2010 - 1:31 pm ICT by IANS
Mumbai, July 27 (IANS) India's central bank Tuesday stepped up the attack in its battle against rising prices, hiking some key rates in a bid to suck excess money out of the ... Read more...

Posted in Business |

Rate hike on cards at central bank policy review Tuesday


July 26th, 2010 - 5:20 pm ICT by IANS
Mumbai, July 26 (IANS) India's central bank is likely to increase for a fourth time this year key policy and interest rates at its quarterly monetary policy review Tuesday to rein in ... Read more...

Posted in Business |

RBI’s decision to raise key rates desirable: Pranab


July 2nd, 2010 - 11:24 pm ICT by IANS
Mumbai, July 2 (IANS) Finance Minister Pranab Mukherjee Friday called the Reserve Bank of India's (RBI) decision to raise key policy rates "desirable", even as a leading industry body voiced concern ... Read more...

Posted in Business |

Reserve Bank of India hikes key interest rates (Lead)


July 2nd, 2010 - 9:43 pm ICT by IANS
Mumbai, July 2 (IANS) India's central bank Friday hiked key interest rates by 25 basis points with immediate effect in an attempt to contain soaring inflation, which could make housing and auto ... Read more...

Posted in Business |

Reserve Bank of India hikes key interest rates


July 2nd, 2010 - 8:36 pm ICT by IANS
Mumbai, July 2 (IANS) India's central bank Friday hiked key interest rates by 25 basis points with immediate effect in an attempt to contain soaring inflation. The Reserve Bank of India (RBI) hiked ... Read more...

Posted in Business |

Obama asks G-20 leaders to boost reforms for recovery


June 19th, 2010 - 11:16 am ICT by IANS
By Arun Kumar Washington, June 19 (IANS) US President Barack Obama has urged the world's top 20 economies to work together to boost reforms and take aggressive actions to repair the worst ... Read more...

Posted in Business |

India’s central bank hikes rates further to tame inflation (Roundup)


April 20th, 2010 - 3:31 pm ICT by IANS
Mumbai, April 20 (IANS) Interest rates on housing, automobile and corporate loans were set to rise with India's central bank hiking key rates in its monetary policy for this year unveiled ... Read more...

Posted in Business |

India’s central bank hikes key rates to tame inflation


April 20th, 2010 - 1:07 pm ICT by IANS
Mumbai, April 20 (IANS) Interest rates on housing, automobile and corporate loans are set to rise with India's central bank hiking key rates in its monetary policy for this year unveiled Tuesday ... Read more...

Posted in Business |

Intensified inflationary pressures need cautious checks: RBI


March 25th, 2010 - 8:13 pm ICT by IANS
New Delhi, March 25 (IANS) Despite recent easing of food prices, inflationary pressures remain high in India calling for more steps from policy-makers but with due caution such that economic recovery is ... Read more...

Posted in Business |

US stocks slide amid rising borrowing costs


May 28th, 2009 - 5:26 am ICT by IANS
New York, May 28 (DPA) US stocks fell sharply Wednesday amid a spike in long-term government bond prices, which could drive up the cost of borrowing in the wider US economy. The yield ... Read more...

Posted in Business |

Manufacturing sector growth to pick up in April-June: FICCI


March 8th, 2009 - 4:47 pm ICT by IANS
New Delhi, March 8 (IANS) Growth in the manufacturing sector is expected to pick up in the first quarter of 2009-10 on the back of increasing demand in some segments, said an ... Read more...

Posted in Business |

Gandhian economics can help overcome crisis: Mukherjee (Lead)


February 6th, 2009 - 4:11 pm ICT by IANS
New Delhi, Feb 6 (IANS) With the outlook for next fiscal appearing “more downbeat”, the government will initiate more measures to support labour intensive sectors with focus on Gandhian economics even as ... Read more...

Posted in Uncategorized |

Out of love, out of home


March 28th, 2008 - 11:38 am ICT by admin
DPA Sydney, March 28 (DPA) A wonderful thing about research is its capacity to blow apart received notions. Consider home ownership. Hardly a day goes by in Australia without a newspaper story or ... Read more...

Posted in World |

Gloss rubs off Australia’s shiny economy


March 22nd, 2008 - 9:19 am ICT by admin
By Sid Astbury Sydney, March 22 (DPA) Unemployment at a 33-year low, a debt-free government, inflation in check and the best-ever terms of trade for Australia's minerals delivering a 16th year of economic ... Read more...

Posted in Business |

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