| Policy momentum required | 22-NOV-09 |
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| The government has to play a bigger role in infrastructure development to improve valuations of related sectors. |
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| Shobhana Subramanian: Who'll finance 'affordable' housing? | 20-NOV-09 |
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| Brotin Banerjee is happy. He has been able to sell a fourth of the 1,500 apartments of his affordable housing project in Boisar, about 100 km from Mumbai, to people who he describes as belonging to the “informal sector”. These are buyers, the managing director of Tata Housing explains, who don’t have a bank account and, therefore, wouldn’t qualify for a bank loan. |
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| Bernanke says Fed will keep eye on sliding dollar | 17-NOV-09 |
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| Federal Reserve Chairman Ben Bernanke has said that the central bank will monitor the sliding U.S. Dollar but pledged anew to keep interest rates at record lows to nurture the economic recovery. |
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| India Eco Summit: No change in interest rates, says Kochhar | 10-NOV-09 |
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| The country's largest private sector lender, ICICI Bank, today said there would be no revision in interest rates for sometime, even as major players like State Bank of India (SBI) and Punjab National Bank (PNB) have slashed deposit rates. |
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| Asian stocks fall on stimulus concern, UBS loss | 04-NOV-09 |
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| Asian stocks fell, led by banks and developers, as UBS reported a wider-than-estimated loss amid investor concern that the withdrawal of stimulus measures will cause the global recovery to falter. |
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| RBI may not hike interest rates: PMEAC | 14-OCT-09 |
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| The Reserve Bank of India (RBI) is not likely to hike interest rates in its monetary policy review on October 27 even as inflation is expected to rise to 6 per cent this fiscal-end from 0.7 per cent at present, the Prime Minister's Economic Panel said today. |
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| PNB cuts interest rates on non-resident deposits | 07-OCT-09 |
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| The interest rate on US dollar deposits has been reduced to 2.26 per cent for a maturity of 1-2 years from 2.33 per cent. For the maturity of 2-3 years, the rate has been kept unchanged at 2.35 per cent, PNB said in a statement. |
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