The Commercial Real Estate Investors Blueprint
Most people and even experienced investors have no access to the world of commercial real estate. Each commercial property investment has its own unique features; you will learn how to be successful with  read more

Posted by burn0001 on Friday Aug 14
Karunanidhi calls for end to hostilities in Sri Lanka
NAT61National/Politics/RightsKarunanidhi calls for end to hostilities in Sri LankaChennai, Nov 7 IANS Tamil Nadu Chief Minister M. Karunanidhi altered his stand on the issue of Tamils in Sri Lanka Friday and called for cessation of hostilities from both the warring sides in the island country."A permanent ceasefire is needed to ensure lasting peace for which a cessation of hostilities from both the sides is an inevitable need. Once the fighting ends, India and other third party mediators can  read more

Posted by IANS on Friday Nov 07
Indian equities in red again on global nervousness Lead
BUS12 Business/Business Indian equities in red again on global nervousness Lead Mumbai, Oct 22 IANS Despite the Indian government still being in a denial mode claiming the global financial tsunami is just one more turbulence that the economy will weather, Indian equities markets by tanking once again Wednesday proved that the shivers going down the spine of Indian as well as global investors will not subside in a few days or months but may take a couple of years, analysts said. Mid-afternoon the benchmark 30-share sensitive index Sensex of the Bombay Stock Exchange was ruling at 10,281  read more

Posted by IANS on Thursday Oct 23
Kolkata, Oct 15 IANS The liquidity crunch and exchange rate
BUS33BusinessLiquidity crunch creating pressure on car demand: HondaKolkata, Oct 15 IANS The liquidity crunch and exchange rate fluctuations are creating pressure on margins and demand for premium cars in India, a top official of Honda Siel Cars India Ltd said here Wednesday.According to the data released by the Society of Indian Automobile Manufacturers, sale of Honda Siel cars dropped 19 percent in the April-September period."Early reports of sales in October are encouraging that marks the  read more

Posted by IANS on Friday Oct 17
China at crossroads as world economy wobbles
ECO1Economy/EconomyChina at crossroads as world economy wobblesBeijing, Oct 13 Xinhua The global credit crisis freezing up the world's finances may be a blessing in disguise for China as it aims to modify its economic structure after three decades of breakneck growth.With its banks shielded from the worst effects of the crisis by its capital account control, plenty of liquidity and limited exposure to sophisticated derivatives, China still faces the effects of recession on its main export markets, the United States and Europe  read more

Posted by IANS on Tuesday Oct 14
Eurozone governments propose massive bank rescue
INT1International/EconomyEurozone governments propose massive bank rescueParis, Oct 13 DPA The leaders of the 15 eurozone countries Sunday proposed a wide-ranging rescue plan, which includes a measure for governments to guarantee interbank loans, to restore confidence in Europe's banking system. The loan-guarantee measure, decided at the first-ever eurozone summit, is intended to convince banks to lend money to each other. The reluctance of banks to give loans is at the heart of the financial crisis and has pushed industrial nations to the brink of recession  read more

Posted by IANS on Tuesday Oct 14
India for greater IMF watch on major economies
INT60International/EconomyIndia for greater IMF watch on major economiesBy Arun KumarWashington, Oct 11 IANS India has asked the International Monetary Fund IMF to refocus and strengthen its traditional surveillance and lending functions as part of efforts to resolve the global financial crisis with the spotlight on important bigger countries."The twin crises - in the financial markets and the commodity price increases - bring to the fore the role of the Fund," Finance Minister P. Chidambaram told the International Monetary and Financial Committee Meeting here Saturday  read more

Posted by IANS on Sunday Oct 12
By Varada Bhat
BUS4BusinessCredit squeeze hits car salesBy Varada BhatMumbai, Oct 5 IANS Retail car sales by the Indian automobile industry have been hit hard by the squeeze on retail financing as banks have stopped hardselling car loans in the current economic climate, say auto industry representatives.Unlike in the past, when customers used to be inundated by phone calls from banks offering car loans, many banks are now unwilling to provide automobile loans."Even a few months back it was easy to get car loans, but not any more  read more

Posted by IANS on Monday Oct 06
Foreign financial companies keen to fund China's energy mark
BUS1Business/Energy/EconomyForeign financial companies keen to fund China's energy marketBeijing, Sep 22 Xinhua Foreign financial companies are eager to play a role in China's coal industry as the country looks to diversified sources to finance the fast-expanding industry.As the world's fastest growing economy, China's energy need is huge and most of it comes from coal."The central bank would continue to encourage coal companies to seek multiple channels to raise funds, including  read more

Posted by IANS on Tuesday Sep 23
Markets close nearly flat as traders grapple with data Round
BUS18Business/BusinessMarkets close nearly flat as traders grapple with data RoundupMumbai, Sep 22 IANS Lacklustre, directionless trading saw Indian equities markets close nearly flat Monday with marginal losses as investors took a breather and were still trying to evaluate the avalanche of global cues, analysts said.The 30-share benchmark sensitive index Sensex of the Bombay Stock Exchange BSE finished at 13,994.96, down just 47.36 points or 0.34 percent.The Sensex opened strong, up nearly 200 points  read more

Posted by IANS on Tuesday Sep 23
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