Central Bank, BoM cut home loan rates by 0.25%

Last Updated: Sunday, February 19, 2012, 11:03

In order to prop up the sagging home loan market, state-run lenders Central Bank of India (CBI) and Bank of Maharashtra (BoM) have announced slashing of interest rates by up to 0.25 percent, and also decided to waive the processing fees.

Govt may enhance tax deduction for home loans in Budget

Last Updated: Sunday, February 12, 2012, 15:49

In a bid to boost housing sector credit, the government is contemplating to enhance income tax exemption for up to Rs 3 lakh paid as interest on housing loans in a year, from the existing limit of Rs 1.5 lakh.

Cheaper food items drag CPI down in Dec

Last Updated: Wednesday, January 18, 2012, 13:29

Inflation, as measured by the WPI, stood at a two-year low of 7.47 percent in December 2011.

Motorola to sell cheaper tablet aimed at families

Last Updated: Saturday, October 15, 2011, 08:37

Motorola Mobility Inc. said Friday that it will sell a cheaper version of its Xoom tablet computer that`s geared toward families.

RBI unveils cheaper credit for exporters

Last Updated: Tuesday, October 11, 2011, 18:30

The Reserve Bank on Tuesday announced 2 percent interest subsidy on Rupee export credit to the labour-oriented and small scale sectors to cushion them from slowdown in the major markets like the US and Europe.

Industry pleads for cheaper credit

Last Updated: Monday, October 10, 2011, 22:32

Leaders of industry Monday pleaded with the Reserve Bank to cut interest rates in the forthcoming credit policy saying the economy could slide into difficulties if credit is not made cheaper.

Dena Bank further reduces home, auto loans under festive offer

Last Updated: Saturday, October 8, 2011, 19:43

State-run Dena Bank on Saturday said it has further reduced interest rates on new housing loans and car loans by 25 basis points in the floating rate category, as a part of the festival offer.

Race to make cheaper cars will harm environment: Book

Last Updated: Tuesday, May 10, 2011, 12:23

Race among automobile manufacturers to make cheap cars will further create pollution, says a new book.

Facebook makes data centers greener and cheaper

Last Updated: Friday, April 8, 2011, 09:17

Facebook has presented an Internet-obsessed world with a gift -- greener, cheaper data centers.

Apple unveils new TV box for renting movies, shows

Last Updated: Thursday, September 2, 2010, 13:07

A smaller,cheaper version of Apple TV which can show rented movies and TV shows

Wax, soap `clean up obstacles to better batteries`

Last Updated: Friday, August 13, 2010, 14:02

A little wax and soap could help build electrodes for cheaper and better lithium ion batteries.

Haryana acquired cheaper power in June 2009

Last Updated: Friday, July 2, 2010, 22:55

To meet requirements of electricity consumers in the state, the UHBVN and the DHBVN purchased 29188.11 lakh units of electricity at cheaper prices, from different sources in June this year.