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PSU banks fear NPA rise as govt pushes for more loansMonday, January 5, 2009 @ 11:03PMVoicing dissatisfaction over credit delivery by state-owned banks, the finance ministry On Monday asked them to beef up lending to small and medium enterprises, automobile, and housing. However, bankers fear worsening of asset quality if they have to concede to the government’s wishes.

Finance, resource sectors drive market higherMonday, January 5, 2009 @ 11:03PMStrong gains in the finance and resources sectors throughout the afternoon have pushed the Australian share market higher.

Trestle project gets grants, needs more; city seeks another $250KMonday, January 5, 2009 @ 11:03PMCHARLESTON, W.Va. - With a new $100,000 federal grant, a promised $2 million earmark and earlier commitments for about $1.3 million, backers of the proposed Kanawha Trestle Trail project on Monday reached out for still more money.Charleston City Council me...

Home finance firms need Rs 40,000 croreMonday, January 5, 2009 @ 11:02PMTwenty-one housing finance companies (HFCs) have assessed their fund requirements during the fourth quarter at around Rs 40,000 crore.

Happy New Year!Monday, January 5, 2009 @ 11:02PMChange is a constant whether perceived or not; but only when we see it do we believe it has occurred. Then, it is too late. The phrase, speculative bubble, is used to describe the financial tumescence that characterizes the often manic unfounded rise of asset values.