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Business

China cuts mortgage rate to support crisis hit property market

Beijing, Aug 22: China's central bank has cut its mortgage rate as officials work to support the crisis-hit property market. The People's Bank of...

CAIT upbeat about consumer spending this Diwali season

New Delhi, Aug 22 : The Confederation of All India Traders (CAIT) has asked traders to increase their stocks as people are going to...

EV startups vertically integrated, standalone component maker will continue: ACMA

Chennai, Aug 22: There will be space for stand-alone auto component makers in the electric vehicle (EV) manufacturing space even though some manufacturers are...
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AT1 bond issuances likely to fall to around Rs 200 bn in FY2023: ICRA

Mumbai, Aug 22: The additional tier 1 (AT1) bond issuances are likely to fall sequentially to around Rs 200 billion in FY2023, from an...

LIC Housing Finance hike prime lending rate by 50 basis point

LIC Housing Finance Ltd, one of the leading housing finance companies in India announced a hike in lending rates. On Monday. It increased its...

PFC raises Rs 3,000 cr via 47-month bonds at 7.13%

MUMBAI: Power Finance Corporation Ltd raised Rs 3,000 crore through bonds maturing in 47 months at a coupon rate of 7.13 percent, market participants...
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