Posts Tagged ‘Lending’

Call to invest £6bn in new homes

Saturday, April 11, 2009, 1:22
UK News
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Chancellor Alistair Darling has been urged to invest in a national housebuilding programme to give "immediate social and financial return" to the ailing economy. Skip related content Related photos / videos Alistair Darling has been urged to provide £6bn for home-building Related content * McLaren in the dock again with the FIA * McLaren invited to explain themselves * ... Full story

BoE holds interest rates at record-low 0.5

Friday, April 10, 2009, 0:07
UK News
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* The Bank of England said Thursday it had held interest rates at a record-low 0.5 percent and had so far pumped 26 billion pounds of new money into the economy under ongoing "quantitative easing." Skip related content Related photos / videos Interest rates have already been slashed to a record low 0.5% Enlarge photo * Interest rates have already been ... Full story

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Bank holds rates at 0.5 percent

Friday, April 10, 2009, 0:06
UK News
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The Bank of England left interest rates at a record low of 0.5 percent on Thursday and said it would take two more months to complete its 75 billion pound quantitative easing programme to fight recession. Skip related content Related photos / videos Pedestrians walk past the Bank of England in London Enlarge photo Related content * Sale Sets Barclays Boss For £5m Windfall ... Full story

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Bank set to hold rates steady

Thursday, April 9, 2009, 23:57
UK News
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The Bank of England looks set to hold interest rates steady this week for the first time since September, as the central bank continues its 75 billion pound asset-buying programme to get the economy out of recession. Skip related content Related photos / videos A man enters Britain's Bank of England in London Enlarge photo Related content * US bank Wells Fargo sees 'record' $3 ... Full story

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Manmohan Singh wants 500 billion dollars for developing nations

Thursday, April 2, 2009, 22:29
World News
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London, April 2 (ANI): Prime Minister Dr. Manmohan Singh has said that there is a need to substantially increase the existing resources for the International Monetary Fund (IMF) to the tune of 500 billion dollars in the next two years as an interim step and also to double the IMF quota ... Full story

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India at the high table but will be the voice of developing economies

Wednesday, April 1, 2009, 22:45
World News
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London, Apr 1 (ANI): India is very clear about priorities. In the rush for being part of the high table it has not forgotten the developing world. It still wants to be the voice of the underprivileged. Speaking on the background to the G 20 summit officials say that India has been approached by smaller countries of Asia and Africa to speak on their behalf ... Full story

Manmohan Singh sees scope for further moderation in interest rates

Sunday, March 29, 2009, 23:40
World News
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New Delhi, Mar 28 (ANI): Prime Minister Dr. Manmohan Singh on Saturday said that plenty of liquidity and low inflation gave room for further interest rate cuts. Speaking to top Indian businessmen, Singh also said there were encouraging signs in some sectors of the economy. "With ample liquidity and low inflation, there is scope perhaps for a further moderation in interest rates," Singh said. The meeting assumes significance ... Full story

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Cranes software bags BR.net order from L and T finance ltd.

Wednesday, March 18, 2009, 13:06
Business News
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Bangalore, Mar 18 (ANI/Business Wire India): Cranes Software International Ltd. (Cranes Software), a company that provides enterprise statistical analytics and engineering simulation software products and solutions across the globe, today announced the bagging of BR.net order from L and T Finance Ltd., a wholly owned subsidiary of Larsen and Toubro that provides financial products and services for trade, industry and agriculture. BR.net is a high-end ... Full story

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Reserve Bank of India announces monetary stimulus

Thursday, March 5, 2009, 14:54
Business News
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New Delhi, March 4 (ANI): Reserve Bank of India, indicating a further cut in home, auto and other loan rates, on Wednesday unveiled a fresh monetary stimulus that slashed the rates at which it lends and borrows short-term funds from banks by half a per cent. RBI cut Repo (overnight lending ... Full story

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Milan not to raise offer for Becks

Sunday, February 22, 2009, 19:24
World News
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London, Feb. 22 (ANI): AC Milan vice-president Adriano Galliani has said that they are not going to raise their offer from the reported three million dollar to continue David Beckham. The Sun quoted Galliani, as saying, "Milan has made the offer that it considered fair for an eight-month loan. As Leiweke confirmed, on November 30, David can become a free agent at zero cost." Galaxy supremo ... Full story

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India remains fastest growing economies in the world, says Kamal Nath

Thursday, February 12, 2009, 22:33
Business News
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New Delhi, Feb 12 (ANI): Union Minister of Commerce and Industry Kamal Nath today said that from a national perspective, India will remain one of the fastest growing economies in the world over 2008-09 to 2010-11. Addressing at the Hero Mindmine Summit, here, on the theme of "Challenges of troubled times: Opportunities and Threats", he further added that along with the BRIC and GCC economies, ... Full story

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‘Harry Potter and the Deathly Hallows’ named UK’s Most Borrowed Book

Saturday, February 7, 2009, 17:26
Entertainment News
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London, Feb 6 (ANI): Harry Potter and the Deathly Hallows, the latest instalment in JK Rowling's wizard series, has become the most popular book borrowed from British libraries, according to a study. The new research found that Harry Potter and the Deathly Hallows was taken out 109,000 times last year. Kate Morton's The House at Riverton was in second place, while third most popular book was The ... Full story

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