Howrah News Service - Latest news and headlines on Howrah,West Bengal and World

US turmoil may slow down India's steel production

Thu, 09 Oct 2008 04:54:40 -0400

Steel industry may face a further slow down and could be forced to bring down prices on account of global turmoil in tandem with dip

SCI to purchase capesize ships worth Rs 1,600 cr

Thu, 09 Oct 2008 04:17:55 -0400

Soon after achieving Navratna status, state-owned Shipping Corporation of India (SCI) has planned an investment of about Rs 1,600 crore to enhance its carrying capacity

IDFC raises $855 million under India Infrastructure Fund

Thu, 09 Oct 2008 03:58:30 -0400

The much-touted India Infrastructure Fund set up to finance major road, port and power projects has so far garnered $855 million in multiple closures over

World finance chiefs to meet for crunch talks

Thu, 09 Oct 2008 03:18:47 -0400

Finance chiefs from the world's richest nations are set to meet in Washington for a crucial but uncertain meeting at a time of unprecedented fear

Treasury Dept mulls taking ownership stakes in US banks

Thu, 09 Oct 2008 01:53:28 -0400

The US Treasury Department is considering taking ownership stakes in many American banks to restore confidence in the troubled financial system after measures taken so

UAE can withstand liquidity crunch: Report

Thu, 09 Oct 2008 01:04:18 -0400

The United Arab Emirates (UAE) is likely to withstand the current liquidity crunch but economic growth may slow down, according to ratings agency Standard &

Govts to take toxic assets off Dexia's hands: Report

Thu, 09 Oct 2008 00:48:36 -0400

France, Belgium and Luxembourg plan to create a special vehicle to absorb the toxic assets held by the troubled Dexia bank and provide fresh liquidity,

Central banks unite to slash rates; stocks slide

Thu, 09 Oct 2008 00:23:50 -0400

From China through Europe to the United States, leading central banks have slashed interest rates in a coordinated effort to bring calm to global financial

Assocham, CII seek boost in liquidity

Wed, 08 Oct 2008 14:31:29 -0400

Apex industry chambers on Wednesday asked the government to take steps to infuse liquidity in the economy by injecting Rs 1,00,000 crore and reducing cash

RBI extends CRR cut to RRBs, cooperative banks

Wed, 08 Oct 2008 14:31:49 -0400

The Reserve Bank has extended cut in the mandatory deposit requirement by banks to Regional Rural Banks and co-operative banks in a bid to further