Tag: Stock Markets

RBI cuts repo rate might be good news for realtors

RBI has cut the repo rate by 100 bps to 8%. This is effective immediately. The Finance Minister, P Chidambaram said that the repo rate cut will help in moderating inflation. This is a positive move which will enthuse both borrowers and investors, Mr. Chidambaram added. The RBI’s move is consistent with the government’s aim […]

Overbuilding Promises A Kick In The Gut For Realtors

Nipun Sahni, director and global head of commercial real estate at Merrill Lynch Capital, says the number of information technology parks and special economic zones in the 21-km Old Mahabalipuram Road — popularly known as OMR — in Chennai surpasses demand in the entire IT industry in India. he said at a Ficci seminar, “It […]

BSE Sensex Below 15000

As oil prices continue to rise, stock markets across the world are finding it difficult to find any support. The recent fall in Indian market has been very quick. Market experts were expecting technical bounce, but the markets lost further ground. On 9th june(today), Stock markets opened lower and BSE benchmark Sensex dropped below 15,000. […]