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Banks get set to cut lending rates Chennai, Nov. 4 Public sector banks are cutting their lending rates. Following a meeting with the Finance Minister, Mr P. Chidambaram in New Delhi, bank chairmen said that they would slash their prime lending rates by about 0.75 ... ‘Pricing of credit matters’ Chidambaram asks banks to submit fortnightly report on advance flows. New Delhi, Nov. 4 The Finance Minister, Mr P. Chidambaram, on Tuesday called on the banking community to not only track the credit being delivered but also ensure that it is ...

Bankers' conclave:...	TODAY'S PICK (Latest Audio: English/Tamil) Amara Raja Batteries (Rs 52.90): Buy We recommend a buy in Amara Raja Batteries from a short-term perspective. It is clearly evident from the charts of Amara Raja Batteries that it has been on a long-term downtrend from its February high of Rs 183. The stock has been forming ... Day Trading Guide

Cement demand slows
ACC, Ambuja record drop in dispatches. Mumbai, Nov. 4 The first sign of cement demand slowdown was evident from the fall in production and dispatches for October announced by major ...

Offshore casino in rough waters
GOA SIGNALS RED. Pune, Nov. 4 A Mumbai-based company’s plan to set up what was billed as South Asia’s largest offshore casino, Maharaja, at Goa seems to be the first major casualty of the State Government’s decision to stop ...

Mixed outlook for winter weather
International weather models have come out with varying outlooks with respect to the unfolding wintry weather over ...

IT shares track US elections, end in red
Analysts fear Obama win could curb outsourcing. Mumbai, Nov. 4 Failing to participate in the relief rally of the equity market on Tuesday were the IT shares, which appeared to track the US elections more than the ...

Aviation stocks soar on fuel price cut
Fall in operating costs of airlines seen. Mumbai, Nov. 4 Aviation stocks were flying high on Tuesday as the State-run oil retailers cut the price of aviation turbine fuel (ATF) for the second time in a ...

Tariffs may increase: COAI
New Delhi, Nov. 4 GSM industry on Monday said that they may have to increase the mobile tariffs as result of the additional levies being imposed on ...

Mutual funds: A brewing scam?
The next (if not current) big story is the possible collapse of many Indian mutual funds. As usual, the victims are hapless ...

Relief for corporate, retail borrowers
Chennai, Nov. 4 Corporates and retail borrowers are likely to get some relief from banks ...

Australia keen on comprehensive free trade pact
Australia is seeking a comprehensive free trade agreement (FTA) with India covering agriculture, manufacture and services and investments so that efficiency gains could be ensured, the Australian Minister of Trade Mr. Simon ...

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