Mortgage and Financial News From 2008-6-26 Page 6
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N.Y. Town Seeks Foreclosure Solutions (NBC 5 Chicago)
As Congress debates new measures to help homeowners facing foreclosure, communities like Poughkeepsie, N.Y., are doing what they can. But progress remains painfully slow.
2008-06-26 04:50:22 -
Consumers fret as State Bank hikes interest rates (The Economic Times)
The hikes come in the wake of RBI's decision to revise upward repo rate and CRR by by 0.5%. Be cautious about loans | Myths about insurance
2008-06-26 10:20:03 -
Petrol prices to rise after head of OPEC warns of sharp fuel hike (Daily Telegraph)
Motorists could see fuel prices rise to £1.47 a litre over the summer after a warning from the head of Opec that the cost of oil is to increase sharply to between $150 and $170 a barrel.
2008-06-26 10:51:40 -
Rugby League (Port Macquarie News)
THE Port City Breakers under 18s have one hand on the 2008 Group 3 minor premiership after disposing of the Wingham Tigers 50-16 at the Regional Sports Stadium on Saturday.
2008-06-26 11:13:24 -
MONEY & BANKING (The Hindu)
FARM CREDIT Debt waiver: State co-operative banks find data collection difficult Kolkata, June 26 With recent floods in some areas of West Bengal and the uncertain position prevailing in Darjeeling, co-operative banks are finding it difficult to collect data for the debt waiver and debt relief scheme.
2008-06-26 11:19:01 -
SBI, Union Bank hike lending rate by 50 bps (The Hindu)
Mumbai, June 26 Banks have started hiking lending and deposit rates. Two public sector banks – State Bank of India and Union Bank of India – have announced an increase in their prime lending rates by 50 basis points each. Union Bank also raised deposit rates.
2008-06-26 11:21:21 -
SBI ups PLR 50 bps, others to follow (Business Standard India)
Setting the stage for an increase in lending rates across the board, the State Bank of India (SBI) today increased its prime lending rate by 50 basis points to 12.75 per cent, making both corporate as well as retail loans – auto, home and personal – more expensive.
2008-06-26 12:07:39 -
Pharma industry to get grants-in-aid for R&D (The Hindu)
NEW DELHI: The Cabinet Committee on Economic Affairs on Thursday approved extending grants-in-aid to the pharmaceutical industry for research and development projects, involving clinical trials to develop new drugs for neglected diseases of ...
2008-06-26 12:15:35 -
Schools of architecture in Bhopal, Vijayawada get Cabinet approval (The Hindu)
It also adopts policy on cruise shipping to promote the sector
2008-06-26 12:15:43 -
Agencies, new state laws boost help for renters stuck in foreclosed ... - Minnpost.com
In May 2007, Yvette Blanton put down a $1,500 deposit on a house rental in North Minneapolis. Money was tight, but she stayed current with her rent and kept her four children fed and clothed by working as a receptionist at a weight-loss clinic in ...
2008-06-26 06:46:00 -
Steve Wiegand: Dems turn on one of their own - Sacramento Bee
If that doesn't describe many, if not most of the current crop of the Golden State's solons (assuming that "men" is a gender-neutral term), it comes mighty close. It must be acknowledged, however, that while legislators are dismally persistent in ...
2008-06-26 09:23:00 -
Continental's rating outlook cut to negative on weak financial ... - CNBC
MUMBAI (Thomson Financial) - Standard & Poor's Ratings Services said it has lowered its outlook on Germany-based automotive supplier Continental AG. to negative from stable, the short-term corporate credit rating to 'A-3' from 'A-2', and affirmed the ...
2008-06-26 08:47:00 -
Gazprom says to cut Gazprombank holding to 25 pct - Reuters
MOSCOW, June 26 (Reuters) - Russian gas export monopoly Gazprom (GAZP.MM: Quote , Profile , Research , Stock Buzz ) is to cut its stake in Gazprombank, once its main banking arm, to 25 percent from 42 percent, Gazprom's chief financial officer said ...
2008-06-26 08:33:00 -
TMI defends 'significant premium' for Idea stake (Business Times (Malaysia))
TM INTERNATIONAL Bhd (TMI) conceded that it is paying a premium for its stake in India's Idea Cellular Ltd but said the RM5.53 billion price tag will be money well invested.
2008-06-26 09:49:17 -
Lennar posts worse-than-expected loss; orders fall (Reuters via Yahoo! News)
Lennar Corp , the second-largest U.S. home builder, reported a bigger-than- expected quarterly net loss on Thursday as deliveries and new orders tumbled, sending its shares down as much as 11 percent.
2008-06-26 09:52:10