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SBI to consider rate cut after RBI's decision

Published December 4, 2008, 11:52 pm, Business Standard India

The State Bank of India today said it will consider rate cut after the Reserve Bank of India announces reduction in benchmark rates. "We will definitely look at our asset liability position soon after RBI's decision on rate cut," SBI Chairman O P Bhatt told .

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South Africa: No Chance of 'Normal' Crime Rate for Years

Published December 4, 2008, 11:51 pm, AllAfrica.com

Johannesburg — CUTTING SA's murder rate is seen as one of the police's biggest successes in their fight against crime, but experts warn that at the present rate of decrease it would take 15 years for the rate to get close to the international norm.

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Excesior City Hall not likely to move to former police station; City will negotiate sale of land in east parking lot ...

Published December 4, 2008, 11:50 pm, Excelsior - Shorewood Sun-Sailor

The future of the Excelsior branch of the Hennepin County Library doesn't appear to include Excelsior City Hall. Excelsior officials agreed that the shared site for City Hall and the library should be taken out of the county's consideration if the plan would include replacing the city's offices.

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(AFX UK Focus) 2008-12-05 07:21 UPDATE 1-S.Africa November net reserves rise on gold, loans

Published December 4, 2008, 11:50 pm, Interactive Investor

JOHANNESBURG, Dec 5 (Reuters) - South Africa's net gold and foreign exchange reserves rose in November, largely driven by a rise in the value of gold holdings and a drop in foreign loans, official data showed on Friday. The data, posted on the central bank's website, shows that the bank did not build on its foreign currency reserves given the rand's sharp fall in the last couple of months. The ...

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Planning under way for 2009 Lake Minnetonka milfoil war

Published December 4, 2008, 11:50 pm, Excelsior - Shorewood Sun-Sailor

Overall the results of milfoil eradication efforts in three Lake Minnetonka bays has been a success, but not enough to encourage Shorewood officials to immediately jump back in the water for 2009.

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SBI to consider rate cut after RBI's decision

Published December 4, 2008, 11:49 pm, rediff.com

Commenting on the proposed fiscal stimulus package that the government intends to announce tomorrow, Bhatt said, although there is no threat of recession in the country, growth is slowing. This package will help increase liquidity and encourage consumption behaviour.

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Simley parking lot to get makeover

Published December 4, 2008, 11:49 pm, West St. Paul - Mendota Heights Sun-Current

Navigating the steep hill into Simley High School's parking lot will be a problem for only one more winter.

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IT sector seeks sops from Kerala govt

Published December 4, 2008, 11:49 pm, Business Standard India

The Group of Technology Companies (GTech), an association of IT companies based at Technopark, has urged the Kerala government to initiate measures to cut rentals in the state-run IT parks, amend the IT department policy to allow companies to take up e-government projects and withdraw sales tax on software products.

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Telecom tower industry puts buys on hold

Published December 4, 2008, 11:48 pm, Business Standard India

In the first-ever signs of the slowdown in the telecom sector, the telecom tower companies are deferring their acquisition plans, largely attributed to the drying up of liquidity and a fall in valuations.

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Nevada learns lessons from previous loss

Published December 4, 2008, 11:48 pm, Daily Sparks Tribune

FORT COLLINS, Colo. — Mark Fox insists valuable lessons are learned from losses. The Nevada coach need only point to the marked turnaround Tuesday night following a weekend loss in Portland.

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