Domestic car sales dip by 12.51 percent to 1,41,083 units in  last month compared to 1,61,247 units in the same month in 2011. According to the figures of the Society of Indian Automobile Manufacturers, motorcycle sales in December saw an increase of 4.83 per cent to 8,44,113 units from 8,05,198 units in December, 2011. Total two-wheeler sales last month witness a jump of 4.45 per cent to 11,37,148 units from 10,88,746 in December, 2011. On the... 

When the armed insurgency erupted in Jammu & Kashmir in 90’s, majority of banks and financial institutions shut operation and fled from the state. But, with the security situation getting much better and militancy ebbing, banks, lots from the private sector, are back with a bang. Among the new banks, HDFC Bank is in the top position when it comes to opening branches in the state. HDFC bank begin its operations in J&K in 2005 with a... 

Prime Minister Manmohan Singh is working overtime to modify the policy environment and improve investor sentiments. Speaking at the Ficci’s annual general meeting, Singh said that the need of the hour is to challenge the atmosphere of excessive pessimism, which has a negative impact on the growth of the country in the last year or so.  Interestingly, Singh opted to address Ficci’s AGM after a gap of four years highlights how much he... 

The RBI is all set to keep policy rates unchanged in its monetary policy review, which is going to be done next week. This despite the fact that inflation for the second consecutive month in November has dipped. There is a possibility of a CRR cut of 0.25 per cent. “The decline in core inflation is welcome and will provide some comfort to the RBI, but the November uptick in CPI inflation and the firm HSBC PMI price readings suggest that we... 

Yesterday Ratan Tata criticised the Manmohan government regarding the current business environment in India in an interview with a top British newspaper. Today, there is an statement coming out from his company, Tata Sons that in his interview with Financial Times, Tata “spoke about coherence in implementation of government policy rather than ‘lashes into the PM’, ‘rapping India’, ‘warning government of inaction’... 

Similar to majority of things in life,  a company’s options with regard to commercial finance is dependent on its particular circumstances. The term also covers a wide array of products, meaning you need to take into consideration lots of things. One of them being lending to a company through an overdraft. This is only going to work if the company in question requires a small money amount for a limited time frame. Bridging loans can also come...