Soon after the trust vote in Parliament on July 22, the finance ministry hopes to push through a series of non-legislative reforms, chief among them disinvestment of minority stakes in around 10 central public sector undertakings by listing them on
The Centre has put the proposed Rs 3,500-crore global airport hub at Noida in Uttar Pradesh into cold storage and the ambitious project would not be able to keep its date with the 2010 Commonwealth Games in New Delhi.
While many of their counterparts are going out of business, Wells Fargo & Company announced a quarterly common stock dividend of 34 cents per share - up 10 percent from the previous dividend of 31 cents per share. This is
The Mortgage Bankers Association released its Weekly Mortgage Applications Survey for the week ending July 11, 2008. The Market Composite Index was 522.2, an increase of 1.7 percent on a seasonally adjusted basis from 513.4 one week earlier.
Almost a half-million Americans lost their homes to foreclosure in the first half of the year, nearly double the same time a year ago. One industry expert says if the trend continues, we could see one million properties lost to
Federal Reserve Chairman Ben Bernanke stood before the House Financial Services Committee today and assured Congress that Fannie Mae and Freddie Mac are in "no danger of failing" and that they are adequately capitalized.
Builders are reporting that traffic of prospective buyers has fallen off substantially in recent months. A housing stimulus bill now being considered in Congress would provide a temporary tax credit of up to $8,000 for first-time home buyers, helping to
House Financial Services Committee Chairman Barney Frank released the following statement on pending housing legislation in the House of Representatives:
Charlotte, N.C.-based Montgomery Insurance, a Liberty Mutual Agency Markets regional company, appointed James Woodall as territory manager for Mississippi.Woodall will manage existing agency relat
With the number of motorcycle-related deaths sharply on the rise, Virginia officials are looking to improve safety.The state is launching a program called Motorcycle 411 at its motorcycle training
President Bush has declared a major disaster area in Michigan, making recovery aid available in areas hit by severe storms and flooding. The Federal Emergency Management Agency says Monday's decla