ICICI Bank raises lending rates by 50 basis points
The bank raised the base rate, or the minimum lending rate, from 9.50 pc to 10 pc, effective from August 13. Fixed rate customers will not be impacted by the hike.
1 in 3 chance of US recession in next 6-9 months: Goldman Sachs
Goldman says that post the recent fall in market prices the gap between dividend yield and real bond yield has widened to over 4%.
BlackBerry Bold 9900: RIM launches new smartphone at Rs 32,490
In addition to BlackBerry 7 OS, the model features a range of powerful hardware enhancements including a 1.2 GhZ processor, and HD video recording.
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