Wednesday March 19, 2008

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Home loan rates decline in last one year: Chidambaram  

New Delhi, Mar 18:
Home loan rates have seen a declining trend during the last one year, with rates slashed as many as three times by several banks, Parliament was informed on Tuesday.
 
Indian stock markets taking cues from US, Asia, says FM 

New Delhi, Mar 18:
The government on Monday said Indian stock markets are taking cues from US and Asian markets, even though the sub-prime mortgage crisis has only moderately impacted credit and financial flows into the country.
 
Govt bans all edible oil exports  

New Delhi, Mar 18:
The government has banned the export of all edible oils for a period of one year, a move considered to boost the domestic supplies and contain the rising prices of vegetable oils in the country.
 
TRAI to fine unwanted calls  

New Delhi, Mar 18:
Taking a tough stand against the menace of unwanted calls on phones, Telecom Regulatory body TRAI on Monday said it will impose a fine of up to Rs 20,000 on service providers for non-compliance of its directive regarding unsolicited tele-marketing calls and messages.
 
SBI initiates fund-raising for Tata Motors  

Mumbai, Mar 18:
State Bank of India (SBI) led consortium will raise 3 billion dollars loan by April for Tata Motors' acquisitions abroad, including the 2-billion-dollar Jaguar and Land Rover deal.
 
WB commends Powergrid  

New Delhi, March 18:
Dr. Ngozi N. Okonjo-Iweala, Managing Director, The World Bank, along with Praful C. Patel, Vice President; Ms. Isabel M. Guerrero, Country Director, India and other officials of The World Bank visited ...
 
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