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Tag: down

Tata Motors global sales down 12% in January

  • February 12, 2019
  • Loknath Das
  • Sales

Tata Motors on Tuesday reported 12 percent fall in global sales, including that of Jaguar Land Rover, at 1,00,572 units in January this year. The company had sold a total of…

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An evening walk down Dalal Street | Sensex, Nifty snap 6-day gaining streak; IT stocks soar

  • December 4, 2018
  • Loknath Das
  • Business

Shares have closed lower, amid caution ahead of RBI’s monetary policy committee meeting outcome on Wednesday. Uncertainty over US-China trade truce has also weighed on indices. Additionally, rise in crude…

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Mortgage rates move down for Monday

  • July 9, 2018
  • Loknath Das
  • Mortgage

karamysh/Shutterstock Multiple benchmark mortgage rates receded today. The average for a 30-year fixed-rate mortgage trended down, but the average rate on a 15-year fixed were unchanged. The average rate on…

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20% more mortgages are being denied by big banks, sending borrowers down the credit ladder

  • February 6, 2018
  • Loknath Das
  • Mortgage

Stricter mortgage rules are sending borrowers towards more risky lenders that are out of the regulator’s purview.Tyler Anderson/National Post TORONTO — Mortgage brokers say the borrower rejection rate from large…

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Poor iPhone X sales weigh down Samsung’s Oct.-Dec. results

  • January 31, 2018
  • Loknath Das
  • Sales

Operating profit of Samsung Electronics’ display business logged a smaller-than-expected year-on-year gain of 5% in the last quarter of 2017. © AP SEOUL — Samsung Electronics on Wednesday announced weaker-than-expected results in its…

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Mortgage Rates Friday: Down, With Tight Inventory

  • January 27, 2018
  • Loknath Das
  • Mortgage

The average rate on a 30-year fixed-rate mortgage dropped two basis points, the rate for the 15-year fixed fell one basis point and the 5/1 ARM was unchanged, according to a NerdWallet survey of…

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RBI cuts down on printing of new currency notes as vaults filled with old ones

  • November 13, 2017
  • Loknath Das
  • Finance

The Reserve Bank of India (RBI) has reduced its order for printing bank notes in the current financial year to the lowest in five years for lack of space in…

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Airtel to shut down 3G services in next 3-4 years: CEO Gopal Vittal

  • November 3, 2017
  • Loknath Das
  • Business

Telecom giant Bharti Airtel is likely to shut down its 3G services in next three to four years, a top official of the company said on Wednesday. Airtel will be…

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GDP growth rate down to 5.7% in April-June, demonetisation pain lingers

  • August 31, 2017
  • Loknath Das
  • Business

India’s economy unexpectedly slowed to a three-year low in the April-June quarter, signalling that business was still hurting from last year’s shock cash squeeze as well as disruptions ahead of…

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DLF quarterly profit down 58% at Rs 109 crore, income up 9% at Rs 2,211 crore

  • August 12, 2017
  • Loknath Das
  • Business

India’s largest realty firm DLF today reported 58% decline in consolidated net profit at Rs 109.01 crore for the quarter ended June. Its net profit stood at Rs 261.85 crore…

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