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Rosneft Says Fourth Quarter Will Be ‘Difficult’ (Update1) - BloombergDec. 4 (Bloomberg) -- OAO Rosneft , Russia’s biggest oil producer, said the fourth quarter will be “difficult” because revenues will be reduced by lower oil prices and a high crude export duty. The Moscow-based company expects net revenue of $7 ...
India Exports Fall in October; First Drop in 7 Years (Update1) - BloombergDec. 1 (Bloomberg) -- India’s exports declined for the first time in seven years as recession in its biggest markets in the U.S. and Europe damped demand for the nation’s products. Overseas shipments in October dropped 12.1 percent to $12.8 ...
Indian exports fall as demand dampens - Gulf NewsNew Delhi: India's exports declined for the first time in seven years as recession in its biggest markets in the US and Europe damped demand for the nation's products. Overseas shipments in October dropped 12.1 per cent to $12.8 billion (Dh47 billion ...
RBI Eases Norms For Exporters And Housing Finance Companies - Top News IndiaThe Reserve Bank of India, on Friday announced sops for the exporters and housing finance companies by extending the time period for credit facilities. The apex bank has increased the period for post-shipment export credit to 180 days from existing ...
Gazprom projects viable despite economy - United Press InternationalMOSCOW, Dec. 3 (UPI) -- Russian leaders, including Finance Minister Alexei Kudrin , said large-scale projects for energy giant Gazprom are moving ahead despite the economic downturn. Russian First Deputy Prime Ministers Igor Shuvalov and Viktor ...
UPDATE 1-Rosneft sees tough Q4, more state aid - Guardian UnlimitedMOSCOW, Dec 1 (Reuters) - Russia's top oil producer Rosneft expects a difficult fourth quarter after strong third-quarter results and hopes state aid will help it refinance its massive foreign debt, its finance chief said on Monday. Chief Financial ...
Shankar Acharya: Coping with Crisis - Business StandardHow has Indian macroeconomic policy coped with these unprecedented challenges? What more needs to be done? Let us review briefly. After a brief hesitation, the monetary policy response by RBI (and government) has been prompt and substantial. In the ...
Rate cut, interest subsidy stimulus likely - Hindustan TimesA major fiscal and monetary stimulus package is on the anvil to stimulate the economy and revive growth. Planned measures include a two per cent interest rate subsidy for the embattled export sector, a reduction in Reserve Bank’s benchmark lending ...
UPDATE 1-Gazprom sees state co-funding bigger investments - ReutersUKHTA, Russia, Dec 3 (Reuters) - Russian gas export monopoly Gazprom (GAZP.MM: Quote , Profile , Research , Stock Buzz ) may ask the state to co-fund its investments in 2009 as it wants them to rise by 12 percent to a record 920 billion roubles ($32 ...
Gazprom Neft gets $100 mln loan from Raiffeisen - FXStreet.comMOSCOW, Dec 1 (Reuters) - Russia's fifth-largest oil firm, Gazprom Neft, will receive a $100 million loan from Russia's Raiffeisen Bank, a unit of Austria's Raiffeisen International. Gazprom Neft, which is the oil arm of Russian gas export monopoly ...
Today's Mortgage Terms starting with B
Bankruptcy: A legal procedure in a federal court to relieve certain debts of a person or a business that is no longer able to pay its debts. Chapter 7 bankruptcy removes all debts. Chapter 13 lets a borrower with and income to pay bills off over a set period of time.
Bearer: The legal owner of a property.
Bill of Sale: A document that details the transfer of property.
Biweekly Mortgage: A mortgage with payments due every two weeks, totaling 26 payments a year, two payments more than a mortgage with monthly payments. The two extra payments lowers significantly the interest paid over the life of the mortgage.
Blanket Mortgage: A mortgage that includes more than one piece of real estate
Borrower (Mortgager): An individual who makes an application for and receives funds in the form of a loan and is obligated to repay the loan in full under the conditions of the loan.
Broker: An individual who gets buyers and sellers together and helps in negotiating contracts for a client.
Buy-Down Mortgage: A mortgage loan with a lower than market rate for a determined period of time.
Buyers Market: Market conditions that favor buyers. When there are more properties for sale than buyers, sellers may be forced to provide price discounts to close the transaction.
View all Terms