Lenders yet to agree on fresh loans to Kingfisher Airlines: Sources
Wednesday, February 22, 2012 - 13:34|0 Comments
MUMBAI: A consortium of lenders to Kingfisher Airlines has not yet agreed to extend further loans to the beleaguered carrier, which urgently needs funds to save it from collapse, three banking sources said. Senior executives of... Read Full Story »
Pharma set to give best hikes
Wednesday, February 22, 2012 - 13:31|0 Comments
NEW DELHI/MUMBAI : With the rupee appreciating considerably over the past one month and consumer spending on better lifestyle on the upside, a study by human-resource consulting firm Aon Hewitt has shown that companies are... Read Full Story »
New bailout reprieve for Greece, but doubts persist
Wednesday, February 22, 2012 - 13:30|0 Comments
LONDON: Greece may have dodged a default with its last-minute bailout deal but longer-term doubts over its ability to repay its staggering debts remain, raising questions about whether even more rescue money will eventually be needed.... Read Full Story »
China, India plan over 10% Iran oil cuts
Wednesday, February 22, 2012 - 13:30|0 Comments
BEIJING/ NEW DELHI: China, India and Japan are planning cuts of at least 10% in Iranian crude imports as tightening US sanctions make it difficult for the top Asian buyers to keep doing business with the OPEC (organisation of petroleum... Read Full Story »
Obama calls German Chancellor on European financial crisis
Wednesday, February 22, 2012 - 13:29|0 Comments
WASHINGTON: Hours after Greece secured a bailout to avoid debt default, US President Barack Obama called German Chancellor Angela Merkel to discuss the latest developments concerning the financial situation in the Eurozone, the White... Read Full Story »
RBI to issue Rs 1,000 notes with inset letter 'R'
Wednesday, February 22, 2012 - 13:29|0 Comments
MUMBAI: The Reserve Bank will shortly issue banknotes of Rs 10 denomination with inset letter 'R' in the Mahatma Gandhi series.
"The RBI will shortly issue Rs 1,000 denomination banknotes with inset... Read Full Story »
PM's panel projects 7.5-8% growth for 2012-13
Wednesday, February 22, 2012 - 13:29|0 Comments
NEW DELHI: The Prime Minister's economic advisory panel on Wednesday projected 7.5-8 per cent growth rate for the next financial and said the country can achieve a higher economic expansion if the global environment turns... Read Full Story »
Consumer price inflation at 7.65%
Wednesday, February 22, 2012 - 13:28|0 Comments
NEW DELHI: The combined consumer price inflation in January stood at an annual 7.65%, while food and beverages inflation was 4.11%, data released by the Central Statistics office (CSO) showed on Tuesday. This was the first consumer... Read Full Story »
New bailout reprieve for Greece, but doubts persist
Wednesday, February 22, 2012 - 13:28|0 Comments
LONDON: Greece may have dodged a default with its last-minute bailout deal but longer-term doubts over its ability to repay its staggering debts remain, raising questions about whether even more rescue money will eventually be needed.... Read Full Story »
Banks may hike education lending
Wednesday, February 22, 2012 - 13:27|0 Comments
MUMBAI: Banks are likely to push home improvement loans and education loans with a Reserve Bank of India (RBI) panel asking the central bank to recognize larger loans in this segment as priority sector. Also, foreign banks will now be... Read Full Story »
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