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Its seems that TATA’s like every thing related to NANO. Tata’s are now ofering flat for Rs 4 Lakhs less around areas in Mumbai. Indian Reality markets have observed the rush in the NANO Homes. Check my earlier post. Tata Housing, the real estate development arm of the Tatas, will build one-room-kitchen flats for just [...]
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I just read in ET “State-owned banks on hiring spree, to hire 30,000 in FY’10 even as India Inc, facing the heat of the global financial meltdown, has put a virtual halt on recruitment.” Why has this huge employment come in ? Expansion/ Increment of branches is one of the reason. This expansion of branches [...]
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If you book a Nano, and unfortunately not selected in the draw, do not despair as your booking amount will fetch you better returns than even a fixed deposit. With RBI’s recent reverse repo and repo rate cuts, banks have started slashing deposit rates, with fixed deposits now fetching lesser interest rates as against what [...]
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One of the only investment which gave positive return after Jan 2008 is Bank FD. With an average interest rate of 9% pa FD’s act as a stable source of income. Now its hight time to take a FD and lock it due to certain reasons – Banks are cutting key interest rates. Inflation is [...]
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Will home loan interest rates come down? To counter the worsening liquidity situation of banking institutions, the Reserve Bank of India (RBI) cut the key rates including cash reserve ratio (CRR), reverse repo rate and repo rate over the last few months. New borrowers can get as low as an eight percent rate with certain [...]
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So you are at this fancy restaurant with your partner. The restaurant is expensive and the bill comes up to a hefty sum. Now, what would anyone normally do? Pay cash? Not likely. With the easy availability of credit today, you would end up using your credit card. Credit card: What is it? A credit [...]
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