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The Economic Times- News- Economy- Finance

The Economic Times: Latest business, finance, markets, stocks, company news from India.

US Exim Bank lines up $8 bn credit for India - (Found June 29, 2008 )

The US Exim has committed a $2.2 billion line of credit to fund infrastructure projects in the country. Investor options Investing plan not for rich alone Day in Pics
http://economictimes.indiatimes.com/News/Economy/Finance/US_Exim_Bank_lines_up_8_bn_credit...

Now, HSL sues HDFC Bank over derivatives losses - (Found June 29, 2008 )

Bangalore-based silk goods exporter HSL has filed a case against HDFC Bank in the city civil court.
http://economictimes.indiatimes.com/News/Economy/Finance/Now_HSL_sues_HDFC_Bank_over_deriv...

SBI not to allow global M&As affect non-life JV - (Found June 29, 2008 )

State Bank of India will take measures to ensure that its proposed non-life joint venture is not adversely affected by international M&As.
http://economictimes.indiatimes.com/News/Economy/Finance/SBI_not_to_allow_global_MAs_affec...

Post-CRR hike, banks reduce deposit rates to protect margins - (Found June 29, 2008 )

In a move aimed at protecting margins which have come under pressure after the April hike in cash reserve ratio (CRR), some banks have quietly reduced their deposit rates.
http://economictimes.indiatimes.com/News/Economy/Finance/Post-CRR_hike_banks_reduce_deposi...

TN a major destination for attracting FDI - (Found June 29, 2008 )

Tamil Nadu has become one of the major destinations of foreign direct investments in the country, state Commissioner for Industries and Director Industries Development, Rajiv Ranjan said on Tuesday.
http://economictimes.indiatimes.com/News/Economy/Finance/TN_a_major_destination_for_attrac...

Punjab receives investment proposals totaling Rs 1,300 crore - (Found June 29, 2008 )

Punjab has received six fresh investment proposals to the tune of Rs 1,300 crore from companies, including Green Plywood, Century Plywood for setting up of agro based industries, which would generate 3,500 jobs in the state.
http://economictimes.indiatimes.com/News/Economy/Finance/Punjab_receives_investment_propos...

Govt asks banks to launch debt swaps for farmers - (Found June 29, 2008 )

Before the country goes into the next Lok Sabha elections, the UPA government has launched yet another pro-farmer programme.
http://economictimes.indiatimes.com/News/Economy/Finance/Govt_asks_banks_to_launch_debt_sw...

FDI norms in insurance sector could ease: FM - (Found June 29, 2008 )

Centre will try to win agreement from coalition allies to ease restrictions on foreign FDI in insurance, banking and pensions in its final year in office.
http://economictimes.indiatimes.com/News/Economy/Finance/FDI_norms_in_insurance_sector_cou...

Loan waiver may push repayment out of circulation - (Found June 29, 2008 )

The microfinance sector is bracing for the impact of the Rs 60,000-crore farm waiver package announced in Budget '08.
http://economictimes.indiatimes.com/News/Economy/Finance/Loan_waiver_may_push_repayment_ou...

Interest rates unlikely to rise in reasonable future: FM - (Found June 29, 2008 )

P Chidambaram on Thursday said he does not expect interest rates to go up in reasonable future following the RBI's move to hike mandatory deposits of banks by 0.25 per cent.
http://economictimes.indiatimes.com/News/Economy/Finance/Interest_rates_unlikely_to_rise_i...
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