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HDFC Bank, HSBC reduce deposit rates
Published December 4, 2008, 11:41 pm, Business Standard India
HDFC Bank and HSBC have set the ball rolling for their private sector and foreign peers to lower deposit rates. Effective On Thursday, the country’s second-largest private sector lender HDFC Bank lowered deposit rates by 50-225 basis points across various maturities.
Trichet Under Pressure to Outline Plan For Deflationary World
Published December 4, 2008, 11:01 pm, Bloomberg
Dec. 5 (Bloomberg) -- European Central Bank President Jean- Claude Trichet is under pressure to outline a plan to revive the euro region’s economy should he be “trapped” into pushing interest rates closer to zero.
Village turns to Robinson for engineering of project
Published December 4, 2008, 10:59 pm, Morris Daily Herald
COAL CITY - Following the mayor's wish, a different engineering firm may design the village's $600,000 storm water infrastructure construction project.
Water rates could increase
Published December 4, 2008, 10:43 pm, Lone Tree Voice
Residents served by the Parker Water and Sanitation District could soon see their monthly water bills increase by $15.
Strong Sales Drive Car-Mart
Published December 4, 2008, 10:41 pm, Times Record
SPRINGDALE — Cash-strapped consumers shut out of the new car market helped to push America’s Car-Mart Inc. profit up nearly 12 percent in the quarter ending Oct. 31.
Revving Up for Slow Times
Published December 4, 2008, 10:15 pm, The Austin Chronicle
How local entrepreneurs plan to weather the recession
RBI to ensure non-stop credit flow
Published December 4, 2008, 9:45 pm, Business Standard India
Reserve Bank of India (RBI) governor D Subbarao said various anti-inflationary measures had started yielding results and now the government could focus on issues related to growth and liquidity.
Columbia Gas will begin increasing rates
Published December 4, 2008, 9:40 pm, Lisbon Morning Journal
SALEM - Columbia Gas of Ohio customers will see their rates increase about $2.50 per month or about 2.6 percent starting Wednesday. The way the gas is billed also will be changed, putting more on the base rate and eventually eliminating the usage-based charge.
Ravens' McGahee sitting, waiting
Published December 4, 2008, 9:24 pm, Carroll County Times
OWINGS MILLS — Willis McGahee broke his silence about his unexplained disappearing act from the Baltimore Ravens’ running game, insisting that he isn’t frustrated or angry about being exiled to the bench against the Cincin-nati Bengals.
HDFC Bank, HSBC reduce deposit rates
Published December 4, 2008, 9:19 pm, rediff.com
Public sector banks have lowered both deposit and lending rates, while almost all private and foreign banks have stayed away from rate cuts despite the Reserve Bank of India reducing key rates. HDFC Bank has become the first private sector lender to reduce deposit rates, while other private sector banks said they would also jump on the bandwagon over the next few weeks.
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