Monday January 14, 2008

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India to see $ 700 bn investment in 4 yrs 

New Delhi, Jan 13:
Anticipating a 700-billion-dollar investment pipeline for the country, ICICI bank managing director and CEO K V Kamath has said that corporates alone would infuse up to USD 500 billion dollars in the next three to four years.
 
Hike in petrol, diesel and LPG likely 

New Delhi, Jan 13:
A hike in petrol and diesel prices and possibly also on LPG looks certain, with the Left leaders agreeing for a marginal increase in prices along with duty cuts to rein in 100 dollars a barrel crude oil price.
 
ICICI Bank may cut home loan rates in FY '09 

New Delhi, Jan 13:
Home loan consumers in India may get some good news in the months to come with country's biggest private lender ICICI Bank saying it could cut interest rates in the first quarter of next fiscal.
 
Reduction in interest rates only after March  

Mumbai, Jan 13:
Borrowers may see a softening in interest rates after march if the Reserve Bank keeps all key rates unchanged in the coming policy review later this month, say bankers.
 
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