Over a five-year period, the benefit of a sharp drop in interest rates would mean saving Rs 76,880 -- a significant number. But if the rate cuts are slimmer, say 25 bps or the number of years left is barely one or two years, shifting may not make too much sense.
A proposal for new world record ratification rules that could have a retroactive effect faced opposition from the World Olympians Associations (WOA) on Friday, who said it would cast suspicion on all past performances.
The US and Russia, countries with the largest nuclear stockpiles, have reached an agreement to considerably reduce their atomic weapons, in a landmark deal that could "reset" relations between the Cold War rivals. The agreement has been reached between US President Barack Obama and his Russian counterpart Demetry Medvedev and will be signed by the two leaders in Prague on April 8, the the White House announced on Friday.
Include nutritious food in your diet. Avoid alcohol. Take your last meal at least 3 hours before bedtime.
Liquidity has improved, but 20 out of 24 NBFC stocks are staring at an over 5% reduction in 12-month target prices.
Russia on Tuesday fumed over the arrest of 10 suspected spies in the United States by the Federal Bureau of Investigation, an incident reminiscent of the Cold War hostilities, warning it would be a blow to the Obama-Medvedev 'burger' diplomacy and the 'reset' in the bilateral ties.
The Central Board of Direct Taxes convened a meeting of all cadre-controlling chief commissioners of income tax in Delhi on Thursday to discuss strategies for achieving the revenue collection target budgeted at Rs 3,70,000 crore (Rs.3.7 trillion) and internally reset at Rs 4,00,000 crore (Rs 4 trillion).
The company stated that it was taking steps for cost rationalisation across all businesses to maintain liquidity and due to a prolonged slowdown it had to take a few tough measures.
India needs to get back to economic growth of seven to 10 per cent growth.
Fitch Ratings had in December affirmed India's 'BBB-' rating with a stable outlook.
'This is another step to improve Twitter, and ensure everyone can have confidence in their followers,' Twitter said in a statement.
US President Barack Obama is in China on a three-day official visit that will be aimed at resetting bilateral ties and hoping to win China's support on issues ranging from climate change to sanctions against Iran. Obama, who is on his first to China after becoming president in January this year, is hoping to navigate an increasingly complex relationship with a country that is the largest holder of US foreign debt and its second-largest trading partner.
On a landmark visit to Russia to 'reset' ties between the two Cold War foes, United States President Barack Obama on Tuesday sought Moscow's cooperation in defeating terrorism, as he declared that neither America nor Russia has an interest in an Afghanistan or Pakistan governed by the Taliban. He expressed happiness over Russia agreeing to allow the US to send supplies to the coalition forces in Afghanistan through its territory.
US President Barack Obama arrived in Moscow on Monday on a maiden visit to Russia to 'reset' the damaged bilateral ties and sign new accords, including a landmark arms reduction treaty to replace a Cold War era nuclear pact. He is accompanied by First Lady Michelle Obama and daughters Sasha and Malia.
Top seed Simona Halep came back from a set down for the third time in the tournament to beat Kazakhstan's rising star Elena Rybakina 3-6, 6-3, 7-6(5) to win the Dubai Duty Free Tennis Championships for the second time on Saturday. In a battle that lasted nearly two-and-a-half hours, the match came down to a tiebreak where two shots that went agonisingly wide for Rybakina eventually decided the title in front of a noisy crowd that constantly chanted Halep's name.
"Engagement means deepening cooperation with key centres of power. In Russia, the reset, has elevated relations to the best point in years. In China, we now have a broad- based strategic and economic dialogue. In India, which President Obama calls one of the defining relationships of the 21st century; and obviously in Brazil," US National Security Advisor, General (rtd) James Jones said.
The new system has been designed to reset the standard for how good an iPod can sound from a single enclosure using advanced engineering and new technologies.
The study was published in the journal Neurocomputing.
Ambiguity over interest rate outlook forces lenders to introduce three-month reset clauses.
'Kejriwal has given not only Modi and Shah some food for thought, but also to jaded Opposition leaders who must now wonder whether taking on the BJP's majoritarianism by the horns, as they have been doing so far, is the appropriate strategy in such extraordinary times,' notes M K Bhadrakumar.
Companies that made expensive overseas acquisitions lead the way in driving cost efficiencies.
'If a 'two-front war' develops, Iron Brother may only turn out to be a drag on the PLA, since Pakistan is in no position to wage a war with India,' argues Ambassador M K Bhadrakumar.
Always be clear about the clauses and conditions laid down by your bank or housing finance company. If at all you skip this task then you may face a major problem during the entire tenure of your loan or may be even beyond that.
United States President Barack Obama and his Russian counterpart Dmitry Medvedev on Monday signed a landmark deal in Moscow committing the two Cold War rivals to a new, legally binding arms-control treaty and resume military cooperation, as they promised to "reset" their damaged bilateral ties.
To ensure taxpayers are able to shield their e-filing against any fraudulent activity, the Income Tax Department on Monday introduced a new facility called e-filing vault.
All public sector banks have moved to such a regime voluntarily, while private banks are yet to. The state-run banks have introduced repo-linked products for floating-rate home and auto loans, but the RBI said loans to micro, small and medium enterprises (MSMEs) should also be linked to an external benchmark.
In his first comments after resigning as RBI governor on December 10 last year amid sharp differences with the government, Patel said banks indulged in over-lending, while the government did not "fully play" its role, and also conceded that the regulator should have acted earlier.
Having grabbed pole position in the automobile loan market, State Bank of India, the country's largest bank, today upped the ante by dropping the interest rate by 200 basis points for the first year of the loan.
Trump claimed Clinton allowed uranium to go to Russia while she was secretary of state.
"There would be some resetting of expectations", president of Nasscom, Som Mittal, said on the sidelines of 'TiE Entrepreneurial Summit 2008 (TES 2008)' in Bangalore. He indicated that the Nasscom would come out with a clear view vis-a-vis the growth forecast in Junuary first week, saying 'it may happen before the quarterly results start coming out'.
It seems illogical to blame SBI for under-cutting rivals or not increasing the size of the housing pie. The danger in following this practice is that it could lower the quality of assets, invite borrowers who may not be good credit risks, and thereby buy a future headache.
The bank also slashed lending rate on credit to farmers against cold storage and warehouse receipts to 8 per cent, a bank release said.The new rates will be applicable to all customers availing loans between February 23 and May 31, 2009, the bank said.
Indian companies that raised large sums of foreign funds to finance growth and acquisition plans during the bull run in the stock markets are in a Catch 22 situation. The conversion price of their foreign currency convertible bonds is several times higher than their current market prices.
Public sector lenders led by State Bank of India said on Monday that they will look at further interest rate cuts.SBI chairman O P Bhatt told reporters after a meeting with Finance Minister Pranab Mukherjee that the bank is considering cutting its prime lending rate for the second time in as many months.
Housing lender HDFC Ltd has cut retail prime lending rate by 50 basis points.
High interest rates and lack of funds has hit non-banking finance companies. Though banks had extended loans to NBFCs at fixed rates, there is a reset clause which is now being exercised. Besides, the increase in interest rates is impacting companies that were borrowing directly from the market. What is also making life tough is the demand for longer-tenure loans by borrowers as they want to keep the equated monthly instalments under control despite a rise in interest rates.
'The coronavirus has provided each one of us a chance to press the 'reset' button. I take this National Medical Emergency to announce a process of national healing.' 'As of midnight tonight, my government will drop all talk of NRC and NPR, and my Muslim brethren should sleep peacefully that this is as much their country as mine.'
Railways, rural infrastructure, urban rejuvenation, solar and transmission and distribution of electricity are the new priorities, says Vinayak Chatterjee.
En route to a record sixth Asia Cup title, Team India and Captain Dhoni set an array of records.
Atletico Madrid's problems deepened as they were held to a 0-0 draw at Villarreal in La Liga on Friday, stretching their winless run to four games in all competitions.
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