Search Results for: retail lending

raje-govt-pursuing-politics-of-transforming-rajasthan

Raje Govt pursuing politics of transforming Rajasthan

New Delhi, Feb 14 (ANI): Rajasthan Chief Minister Vasundhara Raje has maintained that she believes in the politics of transforming the state, instead of pursuing vengeful politics. Since assuming power in December last year, her government has taken several important decisions for people's welfare. The government decided not to implement FDI in Multi Brand Retail, in the view of adverse impact on employment opportunities for youth in the state. It has also decided to supply uninterrupted single-phase power for domestic connections. Raje's government has also decided to constitute the Rajasthan Subordinate and Ministerial Staff Selection Board, which would ease the process of recruitments. Feb 14, 2014
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BSE closes points 272.88 down on Feb 13

New Delhi, Feb 13 (ANI): Trading at the Bombay Stock Exchange today closed 272.88 points down to stand at 20175.61. At the National Stock Exchange the Nifty closed 89.10 points down to stand at5994.90. Muthoot Finance and Future Retail were among the top gainers of Group A with an increase of 8.81% and 2.99% along with Godrej Cons and United Brew-$ with an increase of 2.62% and 1.90% respectively, while the top losers of Group A include Muthoot Finance and Cipla with a decrease of 8.34% and 7.78% along with BOB and Indian Oil Corporation with a decrease of 5.55% and 5.23% at the close of the markets. The Auto sector is up 13.41 points at 11,804.69 while the banking sector is down 59.61 points at 11,683.77 and the realty sector is up 26.85 points at 1,232.20. The Indian currency is down 0.43% at Rs 62.36 per dollar. Feb 13, 2014
Samsung Galaxy C7 Pro in the offing

Samsung Galaxy S5 Retail Box Surfaces Online; Specifications Leaked

Samsung's much awaited 2014 smartphone, Galaxy S5 is certain to debut later this month, but the speculation of the features of the flagship handset does not seem to cease. Yet another report has surfaced online disclosing almost all the details of Samsung's marquee phone. Feb 12, 2014
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Auto Expo 2014: Honda Debuts Activa 125

Honda Motorcycle and Scooter India Pvt. Ltd (HMSI) presented yet another version of its fast moving Activa, dubbed Activa 125 along with a new sportsbike CBR 650F for the motorbike lovers in India on the inaugural day of Delhi Auto Expo. Feb 5, 2014
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Steep hike in diesel price pinches common man across India

New Delhi/ Mumbai, Feb 01 (ANI): The sudden hike in the diesel price by Indian Oil Corporation came as a serious blow to the pockets of the common man who is already reeling under the spiraling inflation in the country. Indian Oil Corporation Limited (IOC), the country's biggest refiner, said that it would raise retail prices for diesel by one per cent, or 0.57 rupees, from Saturday in line with a plan to gradually align them with international prices. Considering the hike as burden, the residents of Mumbai expressed their ire over ruling Congress government's decision. Feb 1, 2014
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Indian banks to wait before hiking loan rates post RBIs tightening

Mumbai, Jan 29 (ANI): Top Indian bankers said that they would wait to observe inflation and market trends further, before increasing the interest rates of loans to citizens for balancing funds due to the sudden hike in repo rate by the RBI. Reserve Bank of India (RBI), surprisingly raised interest rates for lending money to commercial banks on Tuesday to dampen inflation, saying it was now better prepared to deal with the risk of major capital outflows roiling emerging economies. The RBI, however, said that if retail inflation eases as projected, it does not foresee further near-term monetary policy tightening. The hike in repo rate could have a direct impact on the lending rates of funds borrowed by the citizens from the commercial banks. Meanwhile, chief of Indian Banks’ Association, K.R. Kamath, said that banks would have to take a final call on the interest rates only after considering the burden on customers due to inflation. Jan 29, 2014
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