Sunday, 28 April 2013

Lenders wait for capex takeoff to boost corp loans

Lenders wait for capex takeoff to boost corp loans

Lenders wait for capex takeoff to boost corp loans

Leading private banks are looking forward to an increase in capital expenditure investments and a growth in their corporate loans beginning the third quarter of the financial year, anticipating higher economic growth at home. With a lower interest rate regime ...
Tata Steel to shut UK technology centres, job cuts expected

Tata Steel to shut UK technology centres, job cuts expected

London: Steel giant Tata Steel has reportedly warned the British government that it plans to shut down two research and development facilities in the country and shift them overseas including to India, resulting in 300-400 job cuts in the UK. In a move that will ...
India

India's IT exports resilient despite difficult times

Export of computer software and services during 2012-13 is estimated to be USD 75 billion, up from USD 68 billion estimated in 2011-12. Editor's Pick. Chances of Sarabjit Singh's survival 'slim': Pakistani doctors · Family arrives in Pak | Wife wants treatment ...
Govt sets up committee to boost exports from MSMEs

Govt sets up committee to boost exports from MSMEs

Worried over widening trade gap, the government has set up a six-member inter-ministerial committee under the chairmanship of Finance Secretary R S Gujral that will suggest measures to boost MSME exports. Micro, Small and Medium Enterprises (MSME) ...
Met forecast and challenges on farm front

Met forecast and challenges on farm front

The IMD has predicted normal mosoons, but the South is likely to see deficient rains again this year. Chennai, April 28: Often, we hear people comparing predictions of meteorologists to those made by astrologers. A few weeks ago, an astrologer surprised ...
Stree Nidhi to lend Rs 1694 cr this year

Stree Nidhi to lend Rs 1694 cr this year

Stree Nidhi Credit Co-operative Federation Limited, promoted by the state government for providing micro finance to women self-help groups (SHGs), proposes to lend Rs 1,694 crore during 2013-14. Last year, Stree Nidhi had disbursed loans to an extent of ...
Hotels, restaurants to serve strike on April 29

Hotels, restaurants to serve strike on April 29

AHMEDABAD: Hotels and restaurants across Gujarat will go on a one-day strike on April 29 as part of a nationwide protest against the implementation of 4.95% service tax on air-conditioned restaurants. The Gujarat Rajya Hotel Federation has declared a ...