Archive for December, 2008

Indian Bonds Gain a 4th Day as Report May Show Inflation Slowed

Jan. 1 — India’s benchmark bonds advanced for a fourth day as a government report today may show the inflation rate dropped to an almost 10-month low. (2 mins ago)

Texas Employers Add 7,300 Jobs in November

Texas Unemployment Rate Rises Slightly to 5.7 Percent (25 mins ago)

Dollar Declines as Israel-Hamas Conflict Pushes Up Oil Prices

Dec. 30 — The dollar fell the most in almost two weeks against the euro as the conflict in the Gaza Strip drove up oil prices, adding to concerns the economic slump will deepen in the world’s largest energy-consuming nation. (1 min ago)

China should keep policy steady for now – lawmaker

BEIJING, Dec 29 – China should make no further monetary policy moves after five interest rate cuts in quick succession, a Chinese lawmaker and ex-central bank official said in comments published on Monday. (2 mins ago)

Nibrass boon for small businesses

MANAMA: The initiative by Tamkeen and Shamil Bank has provided more than BD9.3 million in financing to 192 small and medium enterprises in Bahrain. (4 hours ago)

Texas Employers Add 7,300 Jobs in November

Texas Unemployment Rate Rises Slightly to 5.7 Percent (13 mins ago)

Inflation may drop below 2% by March: Experts

Inflation might dip below the 2 per cent level by the end of the current fiscal due to slackening demand and sharp decline in commodity and manufactured goods prices, say economists. (7 mins ago)

Vietnam Devalues Dong to Fight Slowdown, Help Exports

Dec. 25 — Vietnam devalued its currency by 3 percent to help exporters after a report showed the economy grew at the slowest pace in nine years. (9 mins ago)

British House Prices May Decline 10% Next Year, Surveyors Say

Dec. 24 — U.K. house prices may fall about 10 percent next year as banks ration credit, the Royal Institution of Chartered Surveyors said. (7 mins ago)

Diverse loan book

Strong risk management systems, a diversified loan portfolio and an impeccable track record make HDFC a safe bet. (5 mins ago)