Banks are clear that lending rates are not going to fall further, say Hamsini Karthik and Anup Roy. Bank loans are becoming attractive for companies that had shifted to the bond market. Banks recently lowered their interest rates and are expected to hold on to current levels for some time, considering not all the monetary easing has been passed on to customers. But bond yields have started rising in anticipation of a rate-hike scenario. Banks are clear that lending rates ... Rediff.com, 1 month ago
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Aided by the new initiatives of the government, there has been a huge drop in imports Exports of Indian steel have surpassed imports after a gap of three years due to government measures like the minimum import price (MIP). According to the Joint Plant Committee figures, during April-February, exports increased 77.48 per cent to 6.62 million tonnes while imports fell by 65.20 per cent to 6.59 million tonnes. Though the difference between exports and imports is just about 2,00,000 tonnes, the ...Rediff.com, 1 month ago
Analysts and sector experts pin this trend down to the aspirational nature of home and personal products. Viveat Susan Pinto reports. IMAGE: Inside an Amul processing unit. An expert says, "What MNCs have is globally-tested best practices and formulations that work well in home and personal care. Products are uniform across markets. In food, uniformity doesn't help. It is local tastes and preferences that work."Photograph: Amit Dave/Reuters. India's nearly 3 lakh crore consumer goods ...Rediff.com, 1 month ago
The Supreme Court will today hear the plea filed by an Italian marine under investigation for the killing of two fishermen, who was allowed to go home while international arbitration into the case goes on.Massimiliano Latorre, who was one of the two marines ...Business Standard, 1 month ago
London - Tata Steel workers in the UK on Wednesday voted robustly in favour of accepting steel producer's proposal on pensions, jobs, investment and production. As many as 72.1 per cent of the members who turned out for votes from Community and 75.6 per cent ...Sify, 2 months ago
The fate of AIADMK General Secretary Sasikala Natarajan, fighting a bitter power battle with interim Tamil Nadu Chief Minister O Panneerselvam after the demise of J Jayalithaa, is likely to be decided tomorrow as the Supreme Court may deliver the much-awaited ...Deccan Herald, 2 months ago Sasikala swearing-in hits legal hurdles Deccan Herald, 2 months ago
IMAGE: Bengaluru FC were held to a frustrating draw. Photograph: Bengaluru FC/Twitter Bengaluru FC dropped their first points at home this season after a fortuitous goal allowed Minerva Punjab FC claim a point with a 1-1 draw at the Kanteerava Stadium, in Bengaluru, on Saturday. The point leaves the Blues on fifth position with 11 points from seven games. Sunil Chhetri's fourth goal in as many games seemed like doing the job for Bengaluru, before a harmless looking cross from Kamalpreet Singh ...Rediff.com, 2 months ago
Rajneesh Gupta gives us all the numbers. The last time India played a one-off Test, it was against Bangladesh in Fatullah. That game was marred by rain and ended in a draw. On Thursday, February 9, India face Bangladesh in another one-off Test at Hyderabad. It is rare for India to play a one Test 'series'. The last time India played a one-off Test in India was 20 years ago! In India's 84-year-old Test cricket history there were only 3 such instances in the first 50 years. Since 1990, India have ...Rediff.com, 2 months ago
New Delhi: The Supreme Court is likely to pronounce next week its verdict on the Karnataka's plea challenging the state High Court's acquittal of late Tamil Nadu Chief Minister J. Jayalalithaa, her close aide V.K. Sasikala and two others in a corruption case.Sify, 2 months ago
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