Stopgap measure

Traders and importers are a worried lot after the Reserve Bank of India's direction to banks to stop issuing letters of undertaking (LoUs), a commonly used instrument for trade financing. The move was prompted by the Rs 12,000-crore Punjab National Bank fraud, in which diamond merchants Nirav Modi
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THE Coast's popularity as a lifestyle destination is strengthening its housing market, according to real estate executive Rem Rafter. The CBRE Sunshine Coast managing director said the housing market was in “good shape”, driven by increasing population including interstate migration. “The traditional
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A number of large investors have recently made changes to their positions in VOXX. State Street Corp increased its position in VOXX International by 1,731.7% during the 2nd quarter. State Street Corp now owns 230,760 shares of the auto parts company's stock valued at $1,893,000 after buying an
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Imagine walking through a dark New York City to be able to look up into the skies and see them covered by thousands of twinkling lights? A new video sheds light on just that sight by reimagining the city without any light, showing what it could look like for stargazers if light pollution wasn't in the picture.
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Bank chairman MK Sharma said Chanda Kochhar had made all the necessary disclosures. The bank maintained that it was only one of a consortium of 20 lenders led by State Bank of India that had granted about Rs 40,000 crore in loans to Videocon. It said the amount lent by ICICI Bank was less than
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Generally, the RSI is considered to be oversold when it falls below 30 and overbought when it heads above 70. RSI can be used to detect general trends as well as finding divergences and failure swings. Brokerage firms covering shares of Investors Real Estate Trust (NYSE:IRET) have given the stock a
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The bad news is that this process can take a few weeks when you work through normal channels. Don't wait too long to review your credit report. Review it carefully long before you plan to apply for a mortgage. And know what to do if you spot any red flags. Be a proactive consumer. It could help you land
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Beta factor measures the amount of market risk associated with market trade. Higher the beta discloses more riskiness and lower the beta lower the risk. ATR value of 0.31 measure stock volatility. The Average True Range is an exponential moving average (14-days) of the True Ranges. PROFITABILITY
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Last November, city leaders adopted a blueprint to guide the community as it grapples with an affordable housing crisis as residents grapple with a scarce rental inventory, while homeownership remains out of reach for young professionals looking to enter an outsized market that towers above the
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On October 25, 2017, the government announced a massive plan to recapitalise public sector banks (PSBs). The proposal was to pump in some Rs 2.11 lakh crore. The BSE Bankex jumped 5 per cent on that day, as investors rushed to buy shares of PSBs in the hope that the recapitalisation plan would
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To build Athene, Imagine Housing was able to leverage private and public funds, though it faced challenges with the local real estate market and recent changes to the tax code. “Jurisdictions have to have a plan for affordable housing, because the market won't take care of it,” Jowell said. DelBene said
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“We wish to inform you that Indiabulls Real Estate Ltd, through its wholly-owned subsidiary Manjola Infrastructure Ltd, has entered into a binding and definitive agreement to acquire a prime and newly constructed commercial building in Gurugram, having leasable area of approximately 2.5 lakh sq ft,”
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NEWARK, N.J. — The special counsel revealed this week to lawyers for Paul Manafort, a former campaign chairman for Donald Trump, that prosecutors obtained a search warrant for information about five telephone numbers. Prosecutors disclosed Thursday that they got the warrant March 9, or two
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TPG Specialty Lending, Inc. (TSLX) received negative concentration on shares from Traders in Friday session. The stock has performed -0.33% and it registered share value at $17.89 in recent trade transaction. At present, the stock price sited at -16.98% from the 52 week high and situated at 5.24% from
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After all-cash deals dominated about a third of home sales last year, the takeaway for lenders and banks was they needed to expedite mortgage applications — before a competitor did. Bank of America began allowing buyers to access loans worth up to 80 percent of their home following an all-cash
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Much has been written about disruption in the commercial real estate industry. Millions of dollars have been invested to eliminate our role in a transaction. So, the question I explore today is “will we be replaced by technology?” My simple opinion is: not in the immediate future. Please indulge me while I
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Currently, the 14-day ADX for Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) is 38.48. Generally speaking, an ADX value from 0-25 would indicate an absent or weak trend. A value of 25-50 would indicate a strong trend. A value of 50-75 would signal a very strong trend, and a value of
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In other Fidelity National Financial news, EVP Peter T. Sadowski sold 29,274 shares of the company's stock in a transaction on Monday, April 2nd. … Fidelity National Financial, Inc, together with its subsidiaries, provides title insurance, technology, and transaction services to the real estate and mortgage
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Fed Chairman Jerome Powell on Friday sought to steer clear of the subject, and his prepared comments in a speech in Chicago included no reference to China or financial markets, which have been rattled by concern that the threats could escalate into a U.S.-China trade war. “We at the Federal
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Blackstone Mortgage Trust logo Stock analysts at Raymond James Financial assumed coverage on shares of Blackstone Mortgage Trust (NYSE:BXMT) in a report issued on Tuesday, March 27th, Marketbeat Ratings reports. The brokerage set a “market perform” rating on the real estate investment trust's
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