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301. Bank stress tests to clarify U.S. credit crisis
The true dimensions of the U.S. credit crisis will become much clearer next week with the release of results from unprecedented government "stress tests" of the nation's 19 largest banks and their capital needs.
02 May 2009
302. Wall St turns lower on banking concerns
U.S. stocks turned lower on Friday in volatile trading as banks fell on concern over what the government's stress tests will show after the release of the results was delayed.
02 May 2009
303. Inflation rises more than expected
India's annual inflation was higher-than-expected for the second week in a row, led by food and mineral prices, pointing to some stubborn price pressures and suggesting the Reserve Bank may be close to ending its rate cuts.
01 May 2009
304. Chrysler files for bankruptcy; inks Fiat deal
Chrysler LLC filed for bankruptcy on Thursday and announced an industry-changing deal with Fiat, after being pummeled by sliding auto sales and unable to reach agreement on restructuring its debt.
01 May 2009
305. Pakistan troops take town, kill over 50 Taliban
Pakistani troops took the main town in strategically important Buner Valley on Wednesday after dropping by helicopter behind Taliban lines, killing over 50 militants in two days of fighting, the military said.
30 Apr 2009
306. Pakistan drop troops behind Taliban front line
Pakistani troops dropped from helicopters onto hillsides behind Taliban fighters holding entrances to the Buner valley, according to witnesses, as the second day of an offensive began on Wednesday.
29 Apr 2009
307. RBI governor sees "mixed" growth prospects
India has sustained a greater than expected impact from the global economic crisis and has "mixed" growth prospects for now," Reserve Bank of India Governor Duvvuri Subbarao said on Saturday.
26 Apr 2009
308. World Bank launches new infrastructure funds
The World Bank launched two new funds with expected financing of $55 billion over the next three years to try and ensure that infrastructure projects in developing countries do not dry up in the financial crisis.
26 Apr 2009
309. Rising bad debts cast shadow over bank earnings
State Bank of India, the country's largest lender, is expected to post a 16.3 percent rise in quarterly net profit on strong loan growth, but rival ICICI Bank could see profit slump by a third on consumer defaults.
23 Apr 2009
310. Banks set to offer cheaper loans following RBI's move
There is good news for those seeking to borrow money from banks. After dragging their feet over reducing loan rates for several months, commercial banks have finally indicated, on Tuesday, that they will respond to the central bank's move of cutting benchmark interest rates by passing on the benefits of lower rates to borrowers.
22 Apr 2009
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