high interest rates

Slowdown, inflationary pressures affect automobile sales in August (Roundup)


September 1st, 2012 - 9:34 pm ICT by IANS
New Delhi/Chennai, Sep 1 (IANS) Production losses at Maruti Suzuki, high interest rates and rising fuel prices resulted in lower sales for the auto industry in August.Crippled by a lockout ... Read more...

Posted in Business |

India inc favours investments in equities, mutual funds


August 27th, 2012 - 9:36 pm ICT by IANS
Bangalore, Aug 27 (IANS) India Inc is in favour of investments in equities and mutual funds than in gold to improve the balance of payments (BoP) and reduce the ... Read more...

Posted in Business |

Hindustan Motors reports Rs.35.5 cr loss in Q1


August 13th, 2012 - 11:53 pm ICT by IANS
Kolkata, Aug 13 (IANS) Kolkata-based Hindustan Motors, makers of the iconic Ambassador, Monday reported a loss of Rs.35.49 crore for the quarter ended June 30, 2012, against a net profit ... Read more...

Posted in Business |

Input costs, lack of reforms hit India Inc. business confidence


August 12th, 2012 - 5:14 pm ICT by IANS
New Delhi, Aug 12 (IANS) Most in India Inc. expect stagnancy or decline in their business activities in July-September period due to high cost of borrowings, unfavourable macro-economic condition and ... Read more...

Posted in Business |

In a subdued auto market, Asian companies log growth in July (Roundup)


August 1st, 2012 - 9:01 pm ICT by IANS
Chennai, Aug 1 (IANS) Even as the demand for automobiles remains subdued owing to high interest rates, rising fuel costs and uncertain economic conditions, Asian vehicle makers in general maintained ... Read more...

Posted in Business |

Amid monsoon worry, interest-free loan for Rajasthan farmers


July 29th, 2012 - 1:47 pm ICT by IANS
Jaipur, July 29 (IANS) As possible monsoon failure looms large, the 26 million farmers in Rajasthan have unexpected help at hand. Chief Minister Ashok Gehlot has announced a far-reaching scheme ... Read more...

Posted in Business |

Asset quality of Indian banks to weaken: S&P;


July 25th, 2012 - 3:58 pm ICT by IANS
New Delhi, July 25 (IANS) The quality of assets and earnings of banks in the emerging economies, especially India, is likely to weaken over the next 12-24 months owing to ... Read more...

Posted in Business |

Rajasthan launches interest-free loan for farmers


July 22nd, 2012 - 3:43 pm ICT by IANS
Jaipur, July 22 (IANS) In a major decision to push the rural economy, Rajasthan Chief Minister Ashok Kumar Gehlot has decided to provide interest-free loans of up to Rs.1 lakh ... Read more...

Posted in Business |

Affordable housing hit badly in real estate slump (Comment)


July 15th, 2012 - 3:04 pm ICT by IANS
Amid economic slowdown, the drastic fall in home absorption rates this year is a matter of serious concern. The high property and home loan rates have taken the toll of sales, ... Read more...

Posted in Business |

Bank stocks tank as hopes of RBI rate-cut fade away (Lead)


June 18th, 2012 - 4:43 pm ICT by IANS
Mumbai, June 18 (IANS) Bank stocks tanked Monday as hopes faded away of a rate-cut by the Reserve Bank of India (RBI) in its mid-quarter review of monetary policy ... Read more...

Posted in Business |

India’s central bank keeps key lending rates unchanged (Fourth Lead)


June 18th, 2012 - 3:32 pm ICT by IANS
Mumbai, June 18 (IANS) In a bid to control high inflation, the Reserve Bank of India (RBI) Monday kept key lending rates unchanged but said it is ready to provide ... Read more...

Posted in Uncategorized |

Over 400,000 Nepalis leave for jobs overseas


June 12th, 2012 - 2:03 pm ICT by IANS
Kathmandu, June 12 (IANS) More than 400,000 Nepali youths have left the country in 10 months of the current fiscal year in search of jobs, a media report said. The ... Read more...

Posted in Business |

Car sales growth lowest in last seven months


June 11th, 2012 - 5:39 pm ICT by IANS
New Delhi, June 11 (IANS) Domestic passenger car sales recorded the slowest growth in the last seven months in May at 2.78 percent and stood at 1,63,229 units from 1,58,809 ... Read more...

Posted in Business |

Hyundai’s May sales zoom by 16.6 percent


June 1st, 2012 - 6:05 pm ICT by IANS
New Delhi, June 1 (IANS) Automobile major Hyundai Motor India Limited (HMIL) Friday announced that its total sales including exports grew by 16.6 percent in May to 55,670 units from ... Read more...

Posted in Business |

Brazilian football clubs’ debt now $1.85 billion


May 23rd, 2012 - 3:50 pm ICT by IANS
Rio de Janeiro, May 23 (IANS) Brazil's First Division football clubs have a combined debt of $1.85 billion, according to an audit by consultancy firm BDO.Four of Brazil's top five ... Read more...

Posted in Sports |

High interest rate, fuel prices slow down car sales (Lead)


May 10th, 2012 - 6:16 pm ICT by IANS
New Delhi, May 10 (IANS) Passenger car sales in India grew by a mere 3.40 percent in April, the slowest in 10 years, as high interest rates and rising fuel ... Read more...

Posted in Business |

Car sales grew only 3.40 percent in April


May 10th, 2012 - 4:52 pm ICT by IANS
New Delhi, May 10 (IANS) Domestic passenger car sales in India increased by only 3.40 percent in April and stood at 168,351 units from 162,813 units sold in the like ... Read more...

Posted in Business |

Business confidence recovering but concerns remain: CII


April 29th, 2012 - 1:49 pm ICT by IANS
New Delhi, April 29 (IANS) Most Indian firms have recovered business confidence, but stagnancy in reforms, high interest rates and increased raw material costs still remain top concerns, according to ... Read more...

Posted in Business |

India Inc says cheers to surprise interest rates cut (Second Lead)


April 17th, 2012 - 9:29 pm ICT by IANS
New Delhi, April 17 (IANS) Indian Industry Tuesday rejoiced at the interest rates cut by the Reserve Bank of India for the first time in three years by an unexpected ... Read more...

Posted in Business |

Realty industry welcomes rate cut, sees benefit for all (Lead)


April 17th, 2012 - 8:07 pm ICT by IANS
New Delhi, April 17 (IANS) The interest rate-sensitive realty sector Tuesday welcomed the Reserve Bank of India's (RBI) decision to cut key lending rates by 50 basis points, and felt ... Read more...

Posted in Business |

Auto industry welcomes rate cut


April 17th, 2012 - 7:58 pm ICT by IANS
New Delhi, April 17 (IANS) The Indian automobile industry, which struggled with a sluggish market last year due to high interest rates, Tuesday welcomed the Reserve Bank of India's ... 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 |

Slow growth, high interest could impede loan growth: HSBC


April 12th, 2012 - 6:31 pm ICT by IANS
Kolkata, April 12 (IANS) HSBC, Europe's biggest bank, Thursday said India's slow growth rate and high interest rates could hurt loan growth in the country going ahead."I think we ... Read more...

Posted in Business |

‘Automobile sales to rise 10-12 percent in 2012-13′


April 10th, 2012 - 7:33 pm ICT by IANS
New Delhi, April 10 (IANS) The Indian automobile industry is expecting a 10-12 percent rise in sales in fiscal 2012-13 from the 17,376,624 units sold in 2011-12 on better macro-economic ... Read more...

Posted in Business |

General Motors to launch small car Sail in Q3


March 26th, 2012 - 5:57 pm ICT by IANS
Kolkata, March 26 (IANS) General Motors India (GM) is planning to launch its fourth small car in the country, a premium hatchback "Sail", by July-September, a company official said Monday."We ... Read more...

Posted in Uncategorized |

Government confident of returning to 9 percent growth (Roundup)


March 12th, 2012 - 9:01 pm ICT by IANS
New Delhi, March 12 (IANS) The government Monday expressed confidence that the country would return to a high economic growth rate of eight to nine percent, unveiling a blueprint ... Read more...

Posted in Politics |

Auto companies report healthy sales number for February (Roundup)


March 1st, 2012 - 8:33 pm ICT by IANS
New Delhi/Chennai, March 1 (IANS) Major auto companies in India Thursday reported an average to healthy sales numbers for February, indicating a gradual recovery for the industry that was subdued ... Read more...

Posted in Business |

Bosch India net up 31 percent in 2011


February 28th, 2012 - 8:14 pm ICT by IANS
Bangalore, Feb 28 (IANS) Bosch Limited posted Rs.1,123 crore (Rs.11.23 billion) net profit for calendar year 2011, registering 31-percent increase year-on-year, the Indian subsidiary of the German automotive component major ... Read more...

Posted in Business |

‘High interest rates hurting manufacturing growth’


February 24th, 2012 - 8:14 pm ICT by IANS
New Delhi, Feb 24 (IANS) The Reserve Bank of India (RBI) needs to significantly lower interest rates to revive investments and boost manufacturing growth, the National Manufacturing Competitiveness Council said ... Read more...

Posted in Business |

Indian economy may grow at 8 percent in 2012-13: Rangarajan (Lead)


February 22nd, 2012 - 5:33 pm ICT by IANS
New Delhi, Feb 22 (IANS) India's economy may grow at 7.1 percent this financial year and inch up to 8 percent next fiscal if the global environment turns favourable, chairman ... Read more...

Posted in Business |

Economic growth revised upwards to 7.1 percent


February 22nd, 2012 - 2:14 pm ICT by IANS
New Delhi, Feb 22 (IANS) The Indian economy is expected to grow at 7.1 percent in the financial year ending March 31, slightly higher than the 6.9 percent growth projected ... Read more...

Posted in Uncategorized |

Car sales to fall in 10 years despite growth in January (Lead)


February 8th, 2012 - 6:46 pm ICT by IANS
New Delhi, Feb 8 (IANS) Car sales grew for the third straight month in January by 7.2 percent, but the industry for the first time since 2002 is expected to ... Read more...

Posted in Business |

Car sales grew 7.2 percent in January


February 8th, 2012 - 5:17 pm ICT by IANS
New Delhi, Feb 8 (IANS) Car makers started 2012 on a positive note, with sales up 7.2 percent in January -- the third consecutive month of gains after a lacklustre ... Read more...

Posted in Business |

Economic growth may slump to 6.9 percent this fiscal (Roundup)


February 7th, 2012 - 7:50 pm ICT by IANS
New Delhi, Feb 7 (IANS) India's economic growth is expected to fall to a three-year low of 6.9 percent in the current financial year, substantially down from the budgetary ... Read more...

Posted in Business |

Indian economy to grow by 6.9 percent this fiscal (Lead)


February 7th, 2012 - 3:26 pm ICT by IANS
New Delhi, Feb 7 (IANS) The government Tuesday said the Indian economy is expected to expand by 6.9 percent in the current fiscal -- the slowest in three years ... Read more...

Posted in Business |

« Previous Entries

Subscribe