Tag archive for ‘as’
By Loknath Das On Thursday, June 15th, 2017

Atom Bank relaunches 2.2% three-year bond: is it as good this time around?

The digital bank has upped the interest rates on its fixed term savings products as follows: 1 year Fixed Saver: 1.80% AER (up from 1.70% AER) 2 year Fixed Saver: 2.00% AER (up from 1.80% AER) 3 year Fixed Saver: More...

By Loknath Das On Thursday, June 15th, 2017

Uber India names Jaiteerth Patwari as senior engineering leader

India is the largest market outside the US for Uber and accounts for about 12 per cent of all Uber trips globally, as of last year. In India, the company operates in 29 cities.(Representative Photo) Cab aggregator More...

By Loknath Das On Tuesday, June 13th, 2017

India ‘seen as a top market’ in retail, commercial realty

Farook Mahmood, Chairman and Managing Director of the Bengaluru-based real estate company Silverline Group, has been elected global president of FIABCI, the International Real Estate Federation. Mahmood, who has More...

By Loknath Das On Saturday, June 10th, 2017

Clouds gather over UK economy as data points to lacklustre growth

  Britain’s economy made a lacklustre start to the the second quarter, according to official figures on Friday that added to gloom about the UK’s growth prospects following the inconclusive election results.   Manufacturing More...

By Loknath Das On Saturday, June 3rd, 2017

Gold hits one-week low as stocks, dollar gain after upbeat U.S. data

Gold fell on Friday to hit its lowest in a week, with stock markets climbing and the dollar firming after upbeat U.S. private sector job figures appeared to boost the prospects for an interest rate hike this month. Investors More...

By Loknath Das On Thursday, May 25th, 2017

Venezuela sets new exchange mechanism, as currency continues to slide

Venezuela set a range on Wednesday for the first offer in its new DICOM foreign exchange mechanism, effectively devaluing the previous SIMADI exchange rate by at least 60 percent as the currency continues its slide. The More...

By Loknath Das On Wednesday, May 24th, 2017

Euro soars to six-month high as currency is buoyed by strong data and hawkish comments

The euro currency leaped to a six-month high on Tuesday following strong production data and hawkish talk from European policymakers. Emmanuel Macron’s decisive victory in this month’s French presidential More...

By Loknath Das On Thursday, May 18th, 2017

Small Businesses Suffer As Bruised Banks Sit On Deposits

New Delhi/Mumbai: Businessman Vineet Pandey has 500 housekeepers, security guards, electricians and plumbers on his books, servicing offices in India’s booming financial metropolis Mumbai. He would love to More...

By Loknath Das On Monday, May 15th, 2017

House prices fall again as investment loans drop to lowest level in 10 months

Treasurer Scott Morrison repeated that there were no “silver bullet solutions to making housing more affordable”.  Photo: Alex Ellinghausen   Home loans to investors have fallen to the lowest More...

By Loknath Das On Sunday, April 30th, 2017

PNB loans to get cheaper as bank cuts MCLR rates from May 1

Public sector lender Punjab National Bank has decided to cut its marginal cost of funds-based lending rate (MCLR) by 10-15 basis points across different maturities from May 1. The revised MCLR, the internal benchmark More...