Tag: Financial Crisis

Steel Prices Drop

The steel authority of India ltd(SAIL) cut its product prices on Tuesday by rs.1000-1,500 per tone.  This step was taken keeping in line with the global price movement as global steel prices have declined nearly 15 per cent over the last month owing to poor demand in the wake of European financial crisis. Mr. Atul […]

Home prices may fall in first quarter of 2009

Potential home buyers, who have been deferring their purchase decisions, may have to wait till April-May to get a good deal. The ripples of the ongoing financial crunch, coupled with mounting pressure from various other circles, will peak between January and March. That’s when many developers will be forced to sell the unsold stock at […]