With a continuous rise in interest rates as a result of frequent hikes in key rates by the Reserve Bank of India, personal loans have become costlier.
Published News » Business
The Pune-based Force Motors is planning to introduce two more new products at the auto show to be held in New Delhi, according to Prasan Firodia, Managing Director.
The rising price of vegetables over the past few weeks has upset the budget of many households. The drop in arrivals at the Koyambedu wholesale market, as a result of the poor yield, and the recent rains were cited as reasons.
With the rupee falling to a lifetime low, Finance Minister Pranab Mukherjee on Tuesday said the Reserve Bank of India’s intervention in the forex market will not arrest the slide as FIIs’ pullout and global reasons were behind the depreciation.
Gold extended its gains today and rose by Rs. 10 to Rs. 29,250 per 10 grams on a firming global trend and seasonal demand. However, silver continued its downward movement for the second straight session by falling Rs. 250 to Rs. 55,600 per kg.
In what is considered a significant breakthrough, SunEdison, a global provider of solar energy services, has tied up debt funds for a slew of solar power projects, which are under various stages of construction in Gujarat and Rajasthan.
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The government proposes to issue a notification imposing restrictions on ships that are over 25 years old in order to prevent marine accidents and consequent implications for the marine environment.
Senior officials of the Tamil Nadu Generation and Distribution Corporation (TANGEDCO) at their headquarters on Wednesday heaved a sigh of relief after Chief Minister Jayalalithaa announced her government's nod for revising the power tariff.
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