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Lending Rate
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Future Retail Increase RS 600 Crore Through NCDs
Apr 9, 2015Kishore Biyani led Future Retail said it has raised Rs 600 crore through an issue of non-convertible debentures (NCDs) on private placement basis. In a BSE filing, Future Retail said, "The committee of directors has considered, ...
Tags: BSE filing, Apparel
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China Economy Growth to Slow Down
Dec 29, 2014China's economy is likely to expand at a slower pace of 7 percent in 2015 and 7.3 percent this year, a government think tank said in a report on Monday. Due to factors such as overcapacity in some manufacturing industries, the country's GDP ...
Tags: China Economy, home price
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Some People Think That China Is Not Only a Country, But Also a Big Factory.
Aug 30, 2013Some people think that China is not only a country, but also a big factory. Especially in textile production, China has the image of being a land of extremely large companies with tens of thousands of employees in every factory. For the ...
Tags: Textile
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China's Cabinet Is Throwing More Support Behind Small and Micro-Sized Businesses
Aug 16, 2013China's Cabinet is throwing more support behind small and micro-sized businesses by emphasizing more financing innovation and credit for the cash-thirsty private sector. 8 detailed targets have been released by the State Council, ...
Tags: China Reiterates
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Credit Crunch Should Be Seen as Part of Effort to Restrain Runaway Credit Growth
Jul 26, 2013Last month’s credit crunch should be seen as part of Beijing’s effort to restrain runaway credit growth and investment and encourage consumption spending, according to the Export Finance and Insurance Corporation. The ...
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Stocks Gained on Monday Amid Speculation They Would Stand to Benefit The Most
Jul 23, 2013Stocks of small and medium Chinese enterprises gained on Monday amid speculation they would stand to benefit the most from the abolition of a floor on lending rates over the weekend, Bloomberg reported. Analysts said cash starved SMEs can ...
Tags: Lending Rate
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Australian Dollar Nudged Higher in Light Trading
Feb 18, 2013The Australian dollar nudged higher in light trading today, with much of Asia closed for the Lunar New Year celebrations and a public holiday in Japan. By late afteroon, the Aussie was trading at $US1.0301, up from US$1.0299 late Friday. ...
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Australian Dollar Was Little Changed Yesterday in Asian Trading
Jan 16, 2013The Australian dollar was little changed yesterday in Asian trading, in a muted response to remarks from US Federal Reserve chairman Ben Bernanke that the world's largest economy still had quite a way to go towards recovery, despite recent ...
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Trade Deficit Widened to $2.6 Billion, The Australian Bureau of Statistics Said
Jan 9, 2013The trade deficit for November widened to $2.6 billion, from $2.4bn in October, the Australian Bureau of Statistics said. That was the biggest monthly shortfall since March 2008 and wider than analysts' expectations of $2.3bn. At 5pm AEDT ...
Tags: trade deficit, Australian Bureau of Statistics, Australia
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Iron Ore Prices Have Been Hurtling Along in December at an Amazing Pace
Jan 5, 2013Iron ore prices have been hurtling along in December at an amazing pace even outracing the finished price levels. Whopping 18% growth in December has baffled all market estimates. On the hindsight finished market could creep merely 1%. ...
Tags: Iron ore, iron ore prices, iron ore market, iron ore industry
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Australian Dollar Was Steady as Interest Rate Cut Was a Closer Call Than Had Been Thought
Dec 19, 2012THE Australian dollar was steady in Asian trading yesterday as minutes from the Reserve Bank's meeting earlier this month indicated the December interest rate cut was a closer call than had been thought,possibly delaying further easing next ...
Tags: Australian dollar, RBA, Rate cut
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Curtains Were Drawn on The Steel Specter in Chinese Steel Market on Monday
Dec 18, 2012Curtains were drawn on the steel specter in Chinese steel market on Monday with sparkling recovery in both long and flat market. After nearly month long rummaging price improved by 1% bringing to passé the built of optimism in ...
Tags: steel, Chinese steel market, steel industry, auto sales
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Turkey's Crude Steel Output Is Expected to Grow 6.5% in 2013
Dec 17, 2012Reuters reported that Turkey's crude steel output is expected to grow 6.5% in 2013 on the back of growth-oriented policies, a recovery in the construction sector and an improving outlook internationally. Turkish Iron and Steel Producers ...
Tags: Turkey's crude steel output, Crude Steel Output, Mr Veysel Yayan
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Increased Steel Production Projections by 3% Touching 1.6 Billion Tones
Dec 17, 2012If analyst are to be believed 2013 certainly augurs well for the coking coal market. Increased steel production projections by 3% touching 1.6 billion tones will catalyze turn around towards the Q2 as the initial days will continue in the ...
Tags: Coking Coal Market, steel production projections, Chinese economy
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Reserve Bank of India Released Q2 Review of Monetary Policy 2012-13
Dec 4, 2012Reserve Bank of India released second Quarter Review of Monetary Policy 2012-13 and leaves Repo Rate and Reverse Repo Rate unchanged at 8% and 7% respectively while reducing the Cash Reserve Ratio (CRR) by 25 basis points with an intension ...
Tags: TEA, RBI, Monetary Policy 2012-13, garment exporting sector