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NEW DELHI: There are more bad news coming on the economy front. After car sales and industrial growth revealed disappointing figures, Prime Minister's Economic Advisory Council (PMEAC) came out with a grim picture of Indian economy on Wednesday. In ...
Read morePM panel pegs inflation at 13% - Times of India
JAKARTA (Reuters) - The youngest son of former Indonesian president Suharto has filed a counter-suit against a minister after rejecting charges by state prosecutors over a failed car maker, lawyers said on Tuesday. Prosecutors, acting on behalf of ...
Read moreSuharto son sues Indonesian minister over car case - Reuters India
Do you plan to buy a new car soon but are put off by the high interest rates? Or worrying about the fuel price hike, having recently bought a bigger car? The interest rates, increase in car prices and, to top it all, high fuel prices have spoilt the ...
Read moreTips for aspiring car buyers & car owners - Economic Times
ICICI Bank and HDFC Bank, the two leading private sector banks in the country, said cash sales for cars and commercial vehicles have doubled to 30 per cent of the total sales compared to a year ago. In the case of two-wheeler buyers, more than 30 per ...
Read moreMore people buying vehicles in cash - Business Standard
MUMBAI: Bankers anticipate a rise in bad loans, especially in the retail segment after the latest bout of interest-rate tightening. Senior bankers on Tuesday said that they are bracing for higher delinquencies in the personal and consumer loan ...
Read moreBanks brace for loan defaults in retail space - Economic Times
Aug. 14 (Bloomberg) -- Indonesia's economic growth unexpectedly accelerated in the second quarter as rising prices and demand for the nation's coal, palm oil and rubber pushed exports to a record. Southeast Asia's largest economy expanded 6.4 percent ...
Read moreIndonesia GDP Growth Unexpectedly Accelerates to 6.4% (Update2) - Bloomberg
Aug. 14 (Bloomberg) -- Indonesia's economic growth unexpectedly accelerated in the second quarter as demand for the nation's coal, palm oil and rubber pushed exports to a record. Southeast Asia's largest economy expanded 6.4 percent from a year ...
Read moreIndonesia's Economic Growth Unexpectedly Accelerates to 6.4% - Bloomberg
The people of the town today woke up to witness one of the heaviest rainfalls in the past many years. Today’s downpour, which lashed the entire region from 5.50 am to 3 pm, resulted in flash floods in many rivulets, including Nasrala, Mehngrowal ...
Read moreJalandhar, August 13 - Tribune
Few major companies endure the rigors and shocks of American capitalism for decades -- let alone survive long enough to mark their centennial. But General Motors Corp. is no ordinary American company. Facing severe financial woes, waning market share ...
Read moreGeneral Motors has ruled the road, but not without enduring its share ... - Detroit News
With US stocks and the dollar on the upswing and commodities heading south, hope springs eternal that the worst of the credit crisis may be behind us. What started out as scattered problems with sketchy subprime loans somehow managed to infect the ...
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