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SBI cuts PLR by 0.75%; loan rates may dip

NI Wire,    Fri, 7 Nov 2008
After the easing of monetary policy by the Reserve Bank of India (RBI) to make continuous flow of money in the economic system and to provide adequate liquidity, several banks including country's largest lending bank, State Bank of India (SBI)

IT industry should not bother over Obama's victory: Chidambaram

NI Wire,    Wed, 5 Nov 2008
Congratulating newly elected US president Barack Obama for his historic win, Union Finance Minister P Chidambaram on Wednesday said that Indian IT industry need not to worry over Democrat Barack Obama's victory

Banks to slash deposit, interest loan rates by 0.50-0.75%

NI Wire,    Wed, 5 Nov 2008
The public sector banks on Tuesday have announced to cut down the interest rate on major loans by 50 to 75 basis points (0.50-0.75%). The banks

Microsoft launches 'Live Search Maps' in India

NI Wire,    Tue, 4 Nov 2008
Microsoft India on Monday (November 3) launched "Live Search Maps" offering its users access to detailed street maps for nine cities, local business listings

Govt firm to protect country's economic growth: PM

NI Wire,    Mon, 3 Nov 2008
To protect the country from the wave of unprecedented global economic crisis, which has hurt the entire world including India, Prime Minister Manmohan Singh

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