Friday, May 2, 2008

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Cheer up, home loan rates may go down
    WITHIN REACH: PSU Banks says housing loans between Rs 20 lakh to Rs 30 lakh may see lowering of rates.PSU banks believe they can absorb the increase in cost of funds.
6 Indians in Forbes list of 500 highest-paid CEOs
    TOP PACKET: Pepsico chief Nooyi's pay packet was $12.74 million last year.Oracle chief Larry Ellison tops list; he made $192.92 mn last year.
Mukesh Ambani's new abode worth $2 billion
    DREAM HOME: Mukesh Ambani's new billion dollar residence has been named Antilla.The residence has been named Antilla and no two floors in the home are alike.
Jet, Spice set to hike air fares by 10 pc
    PAY MORE: Jet Airways and Spice Jet have already hiked fares. Others will soon follow.Flying gets costlier, rising crude prices fuel fare hike.
Fed cuts key rate, says US economy remains weak
    IN GOOD MOOD: Traders shout orders in the Euro options pit at the Chicago Merchantile Exchange Group trading floor.The Fed action, after a two-day meeting, pushed the federal funds rate down to two per cent.
India's trade deficit widens about 34 pc
    GROWTH ROAD: India achieved exports of $155.51 billion against the set target of $160.India achieved exports of $155.51 billion against the set target of $160.
Jet CEO defends fare hike, says there's no choice
    JET, SET: In India, the prices are 70 to 80 per cent higher than the benchmark countries.Wolfgang Prock-Schauer aid India was a problem area due to high taxes.
No hike in interest rates in the short term: SBI
    NO HIKE: The country's largest public sector lender said interest rates will not be hiked.The country's largest public sector lender announced this on Thursday.
Scotch lovers in India drive exports to record high
    EXPORT ON: Exports to India rose by 36 per cent worth 33 million pounds.Exports to India rose by 36 per cent worth 33 million pounds.
Microsoft's board fails to decide on Yahoo
    WHAT NEXT? Microsoft Corporation's board failed to reach a decision on Yahoo after a meeting.Microsoft Corp's board met to discuss its stand-off with Yahoo Inc.

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