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Home -> Finance -> News

NATIONAL
Citibank to hike interest rate on home loans
Citibank India will increase the interest rate on certain loan products, including home loans, due to rise in cost of funds and new risk weight norms.

Mukesh Ambani admits having differences with Anil
Reliance Group Chairman Mukesh Ambani has admitted to differences with his brother Anil over "ownership issues" but said, "They are in the private domain."

'Govt to control LPG, Kerosene and Diesel pricing'
Giving a quiet burial to the decision to dismantle Administered Pricing Mechanism (APM) for petroleum products, the Government today (Nov 18, 2004) said that it would control pricing of sensitive products like LPG, kerosene and diesel.

INTERNATIONAL
Poverty retreating in developing countries, says WB
There was a drop in poverty around the world, more so in developing economies, including India, which grew much faster than the developed world, registering a 6.1 per cent economic growth this year.

Indian textile labour one of the least paid in world
The wages of Indian textile workers are the second lowest in the world, a media report has said.