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><channel><title>That&#039;s Famous &#187; Business</title> <atom:link href="http://www.thatsfamous.com/category/business/feed/" rel="self" type="application/rss+xml" /><link>http://www.thatsfamous.com</link> <description></description> <lastBuildDate>Thu, 29 Jul 2010 10:03:40 +0000</lastBuildDate> <generator>http://wordpress.org/?v=2.9.2</generator> <language>en</language> <sy:updatePeriod>hourly</sy:updatePeriod> <sy:updateFrequency>1</sy:updateFrequency> <item><title>MKCL Bed Results &#8211;  MKCL Announces Seat Allocation for 1st Round List Of B.Ed.</title><link>http://www.thatsfamous.com/3171-mkcl-bed-results-mkcl-announces-seat-allocation-for-1st-round-list-of-b-ed/</link> <comments>http://www.thatsfamous.com/3171-mkcl-bed-results-mkcl-announces-seat-allocation-for-1st-round-list-of-b-ed/#comments</comments> <pubDate>Thu, 29 Jul 2010 10:03:40 +0000</pubDate> <dc:creator>Joanne Barnes</dc:creator> <category><![CDATA[Business]]></category> <category><![CDATA[Bed Results]]></category> <category><![CDATA[Maharashtra Knowledge Corporation Limited]]></category> <category><![CDATA[mkcl]]></category> <category><![CDATA[mkcl bed]]></category><guid
isPermaLink="false">http://www.thatsfamous.com/?p=3171</guid> <description><![CDATA[Maharashtra Knowledge Corporation Limited (MKCL), the Directorate of Higher Education Maharashtra State has announced the list of the first round of the seat allocation for Bachelor of Education (B.Ed). The list is published online on the official website of MKCL.The candidates who appeared for the first round can view the list on the link that [...]]]></description> <content:encoded><![CDATA[<p
style="text-align: justify;">Maharashtra Knowledge Corporation Limited (MKCL), the Directorate of Higher Education Maharashtra State has announced the list of the first round of the seat allocation for Bachelor of Education (B.Ed). The list is published online on the official website of MKCL.</p><p
style="text-align: justify;"><a
href="http://www.thatsfamous.com/wp-content/uploads/2010/07/university-pune.jpg"><img
class="alignnone size-full wp-image-3172" title="university-pune" src="http://www.thatsfamous.com/wp-content/uploads/2010/07/university-pune.jpg" alt="" width="476" height="356" /></a></p><p
style="text-align: justify;">The candidates who appeared for the first round can view the list on the link that has been provided below:</p><p
style="text-align: justify;">http://oasis.mkcl.org/bed/StaticPages/CETResult.aspx</p><p
style="text-align: justify;">The list is categorized into ‘College Wise’ allocation. The students who have been unable to clear the first round can apply for the second round of allocation. The students can apply till August 2, 2010, 5 pm.</p><p
style="text-align: justify;">For more information regarding the B.Ed seat allocation, students can log on to the official website itself. It provides all the information required by the students.</p><p
style="text-align: justify;">Maharashta Knowledge Corporation Limited comes under the Government of Maharshtra and was set up in the year 2002. It focuses on design, development and delivery of new e-learning, e-employment, e-governance, etc.</p> ]]></content:encoded> <wfw:commentRss>http://www.thatsfamous.com/3171-mkcl-bed-results-mkcl-announces-seat-allocation-for-1st-round-list-of-b-ed/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item><title>Hindustan Copper Limited &#8211; Vacancies For Experienced Executives</title><link>http://www.thatsfamous.com/3139-hindustan-copper-limited-vacancies-for-experienced-executives/</link> <comments>http://www.thatsfamous.com/3139-hindustan-copper-limited-vacancies-for-experienced-executives/#comments</comments> <pubDate>Wed, 28 Jul 2010 09:36:38 +0000</pubDate> <dc:creator>Samron Jude</dc:creator> <category><![CDATA[Business]]></category> <category><![CDATA[Exam Results]]></category> <category><![CDATA[bvfcl]]></category> <category><![CDATA[delhi metro rail]]></category> <category><![CDATA[dmrc]]></category> <category><![CDATA[gujarat rojgar samachar]]></category> <category><![CDATA[HCL vacancies 2010]]></category> <category><![CDATA[hindustan copper limited]]></category> <category><![CDATA[hindustan copper limited vacancies]]></category> <category><![CDATA[rbi recruitment]]></category> <category><![CDATA[vacancies HCL]]></category><guid
isPermaLink="false">http://www.thatsfamous.com/?p=3139</guid> <description><![CDATA[The Hindustan Copper Limited has announced a set of vacancies in the company for a number of posts, for the year 2010. The posts are for the vacancies all over India. Candidates interested should visit the company&#8217;s website.The number of vacancies for the post are as follows &#8211; General Manager 2 Posts &#8211; Mining, Deputy [...]]]></description> <content:encoded><![CDATA[<p
style="text-align: justify;">The Hindustan Copper Limited has announced a set of vacancies in the company for a number of posts, for the year 2010. The posts are for the vacancies all over India. Candidates interested should visit the company&#8217;s website.</p><p
style="text-align: justify;"><a
href="http://www.thatsfamous.com/wp-content/uploads/2010/07/Hindustan_Copper_.jpg"><img
class="alignnone size-full wp-image-3140" title="Hindustan_Copper_" src="http://www.thatsfamous.com/wp-content/uploads/2010/07/Hindustan_Copper_.jpg" alt="" width="480" height="576" /></a></p><p
style="text-align: justify;">The number of vacancies for the post are as follows &#8211; General Manager 2 Posts &#8211; Mining, Deputy Gen. Manager 2 Posts &#8211; Mining, Chief Manager and Senior Manager 2 posts each &#8211; Mining. Assistant Gen. Manager 1 post (Geology), Deputy Gen. Manager 1 post &#8211; Mechanical, Assistant Gen. Manager 2 post &#8211; Mechanical. Deputy Gen. Manager and Assistant Gen Manager 1 post &#8211; Electrical. Chief Manager 1 post &#8211; Electrical, General Manager and Assistant Manager 1 post and 3 posts &#8211; Human resource. Manager 2 posts &#8211; Materials and Contracts.</p><p
style="text-align: justify;">Candidates interested need to pay a demand draft of Rs. 250 and send it through any scheduled bank in the favor of  HCL Kolkata. Female/SC/STPWD candidates are exempted from fees. For further information check the following website -</p><p
style="text-align: justify;"><a
href="http://www.hindustancopper.com/Admin/FlatFile/Emp_Advert.pdf" target="_blank">http://www.hindustancopper.com/Admin/FlatFile/Emp_Advert.pdf </a></p> ]]></content:encoded> <wfw:commentRss>http://www.thatsfamous.com/3139-hindustan-copper-limited-vacancies-for-experienced-executives/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item><title>Reserve Bank Of India Increases Its Short Term Rates To Curb Inflation</title><link>http://www.thatsfamous.com/3118-reserve-bank-of-india-increases-its-short-term-rates-to-curb-inflation/</link> <comments>http://www.thatsfamous.com/3118-reserve-bank-of-india-increases-its-short-term-rates-to-curb-inflation/#comments</comments> <pubDate>Tue, 27 Jul 2010 10:38:58 +0000</pubDate> <dc:creator>Samron Jude</dc:creator> <category><![CDATA[Business]]></category> <category><![CDATA[Politics]]></category> <category><![CDATA[Cash Reserve Ratio]]></category> <category><![CDATA[inflation]]></category> <category><![CDATA[intrest rates]]></category> <category><![CDATA[rbi]]></category> <category><![CDATA[rbi credit policy]]></category> <category><![CDATA[short term borrowing]]></category> <category><![CDATA[short term lending]]></category><guid
isPermaLink="false">http://www.thatsfamous.com/?p=3118</guid> <description><![CDATA[The Reserve Bank of India announced its decision of increasing short term lending and borrowing rated by 0.25 per cent and 0.50 per cent on Tuesday, July 27, 2010 to curb the inflation.The Cash Reserve Ratio (CRR) is going to be unaffected. The RBI is focusing to bring inflation at six percent before the fiscal [...]]]></description> <content:encoded><![CDATA[<p
style="text-align: justify;">The Reserve Bank of India announced its decision of increasing short term lending and borrowing rated by 0.25 per cent and 0.50 per cent on Tuesday, July 27, 2010 to curb the inflation.</p><p
style="text-align: justify;"><a
href="http://www.thatsfamous.com/wp-content/uploads/2010/07/rbi-bank3.jpg"><img
class="alignnone size-full wp-image-3119" title="rbi-bank3" src="http://www.thatsfamous.com/wp-content/uploads/2010/07/rbi-bank3.jpg" alt="" width="478" height="319" /></a></p><p
style="text-align: justify;">The Cash Reserve Ratio (CRR) is going to be unaffected. The RBI is focusing to bring inflation at six percent before the fiscal year ending, that is, March 2011.</p><p
style="text-align: justify;">The RBI informed,</p><p
style="text-align: justify;">&#8220;Inflationary pressures have exacerbated and become generalised with demand side pressures clearly visible&#8230;given the spread and persistence of inflation, demand-side inflationary pressures need to be contained,&#8221; the RBI said.</p><p
style="text-align: justify;">The RBI also states that this financial year the economy will grow by 8.5 per cent after it raised the inflation target from 5.5 per cent to six per cent.</p><p
style="text-align: justify;">The changes in the short term lending rate to 5.75 per cent and short term borrowing rate to 4.5 per cent will be brought in effect immediately.</p> ]]></content:encoded> <wfw:commentRss>http://www.thatsfamous.com/3118-reserve-bank-of-india-increases-its-short-term-rates-to-curb-inflation/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item><title>Toyota Corolla Altis Launches In India With Its Diesel Version</title><link>http://www.thatsfamous.com/2941-toyota-corolla-altis-launches-in-india-with-its-diesel-version/</link> <comments>http://www.thatsfamous.com/2941-toyota-corolla-altis-launches-in-india-with-its-diesel-version/#comments</comments> <pubDate>Wed, 21 Jul 2010 13:42:10 +0000</pubDate> <dc:creator>Samron Jude</dc:creator> <category><![CDATA[Business]]></category> <category><![CDATA[Featured]]></category> <category><![CDATA[altis diesel]]></category> <category><![CDATA[Corolla Altis]]></category> <category><![CDATA[corolla altis diesel]]></category> <category><![CDATA[corolla club]]></category> <category><![CDATA[diesel version]]></category> <category><![CDATA[Hiroshi Nakagawa]]></category> <category><![CDATA[Toyota]]></category> <category><![CDATA[Toyota and Kirloskar Group]]></category> <category><![CDATA[Toyota atlis]]></category> <category><![CDATA[Toyota Coroll]]></category> <category><![CDATA[Toyota Corolla]]></category> <category><![CDATA[toyota corolla altis diesel]]></category> <category><![CDATA[toyota india]]></category><guid
isPermaLink="false">http://www.thatsfamous.com/?p=2941</guid> <description><![CDATA[Toyota Corolla Altis &#8211; Toyota, the largest competitors in the car production market has launched the diesel version of its Sedan Corolla Altis in India. Altis is one of the most stylish and luxurious cars of Toyota. Corolla Altis (diesel) is priced between 10.95 lakh to 13.75 lakh.Toyota and Kirloskar Group are in a joint [...]]]></description> <content:encoded><![CDATA[<p
style="text-align: justify;">Toyota Corolla Altis &#8211; Toyota, the largest competitors in the car production market has launched the diesel version of its Sedan Corolla Altis in India. Altis is one of the most stylish and luxurious cars of Toyota. Corolla Altis (diesel) is priced between 10.95 lakh to 13.75 lakh.</p><p
style="text-align: justify;"><a
href="http://www.thatsfamous.com/wp-content/uploads/2010/07/Toyota-atlis-India.jpg"><img
class="alignnone size-full wp-image-2942" title="Toyota atlis India" src="http://www.thatsfamous.com/wp-content/uploads/2010/07/Toyota-atlis-India.jpg" alt="" width="476" height="265" /></a></p><p
style="text-align: justify;">Toyota and Kirloskar Group are in a joint venture in India and are offering the Altis diesel with a 1.4 litre six speed manual transmission engine.</p><p
style="text-align: justify;">Managing Director of Toyota Kirloskar Motor Hiroshi Nakagawa said,</p><p
style="text-align: justify;">“As part of our long-term commitment to bring the best of Toyota technology to India, we are very proud to introduce the Corolla Altis diesel. I am happy to say that it will have the best fuel efficiency in its segment.”</p><p
style="text-align: justify;">Toyota is claiming that the Corolla Altis (diesel) will give a mileage of 21.43 km per litre according to the ARAI (Automotive Research Association of India) conditions.</p><p
style="text-align: justify;">The Sedan is a wonderful drive.</p> ]]></content:encoded> <wfw:commentRss>http://www.thatsfamous.com/2941-toyota-corolla-altis-launches-in-india-with-its-diesel-version/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item><title>Bank Of India Recruitment 2010 &#8211; 2467 Vacancies Available For Clerical Grade Posts</title><link>http://www.thatsfamous.com/2872-bank-of-india-recruitment-2010-2467-vacancies-available/</link> <comments>http://www.thatsfamous.com/2872-bank-of-india-recruitment-2010-2467-vacancies-available/#comments</comments> <pubDate>Tue, 20 Jul 2010 10:15:42 +0000</pubDate> <dc:creator>Ayako Smith</dc:creator> <category><![CDATA[Business]]></category> <category><![CDATA[bank of baroda recruitment 2010 clerk]]></category> <category><![CDATA[bank of india]]></category> <category><![CDATA[bank of india recruitment]]></category> <category><![CDATA[bank of india recruitment 2010]]></category> <category><![CDATA[bank of india vacancies 2010]]></category> <category><![CDATA[bankofbaroda recruitment 2010]]></category> <category><![CDATA[bankofindia]]></category> <category><![CDATA[clerical examination bank of india 2010]]></category> <category><![CDATA[clerk recruitment bank of india]]></category> <category><![CDATA[kgsg bank]]></category> <category><![CDATA[uco bank]]></category> <category><![CDATA[uco bank recruitment 2010]]></category><guid
isPermaLink="false">http://www.thatsfamous.com/?p=2872</guid> <description><![CDATA[The Bank of India, which is one of the most largest and prestigious banking institutions of India has announced 2467 vacancies for the clerical grade post all over India. It is India&#8217;s leading public sector bank. For the candidates who want to apply for the post, they should be in the age category of 18 [...]]]></description> <content:encoded><![CDATA[<p
style="text-align: justify;">The Bank of India, which is one of the most largest and prestigious banking institutions of India has announced 2467 vacancies for the clerical grade post all over India. It is India&#8217;s leading public sector bank. For the candidates who want to apply for the post, they should be in the age category of 18 to 28 years.</p><p
style="text-align: justify;"><a
href="http://www.thatsfamous.com/wp-content/uploads/2010/07/Recruitment.jpg"><img
class="alignnone size-full wp-image-2873" title="Recruitment" src="http://www.thatsfamous.com/wp-content/uploads/2010/07/Recruitment.jpg" alt="" width="479" height="348" /></a></p><p
style="text-align: justify;">Challan forms for the admission would be available at the bank and online from the 16th of July 2010. Last date of submission of the challan would be on the 5th of August 2010. The written examination by the bank would be held on the 26th of September 2010.</p><p
style="text-align: justify;">Application fee would be applicable only for the General and OBC category, costing Rs. 250, which can be paid at any branch of Bank Of India. The candidates should have a valid email id and should take out a pre-printed form from the bank&#8217;s website. Fill the application and submit it with the fees at any of the Bank of India branch.</p> ]]></content:encoded> <wfw:commentRss>http://www.thatsfamous.com/2872-bank-of-india-recruitment-2010-2467-vacancies-available/feed/</wfw:commentRss> <slash:comments>1</slash:comments> </item> <item><title>UCO Bank Applications For Clerical Posts 2010 Open</title><link>http://www.thatsfamous.com/2833-uco-bank-applications-for-clerical-posts-2010-open/</link> <comments>http://www.thatsfamous.com/2833-uco-bank-applications-for-clerical-posts-2010-open/#comments</comments> <pubDate>Mon, 19 Jul 2010 08:44:31 +0000</pubDate> <dc:creator>Samron Jude</dc:creator> <category><![CDATA[Business]]></category> <category><![CDATA[clerical posts UCO bank]]></category> <category><![CDATA[job openings 2010 UCO bank]]></category> <category><![CDATA[UCO bank jobs]]></category> <category><![CDATA[UCO bank recruitment]]></category> <category><![CDATA[uco bank recruitment 2010]]></category><guid
isPermaLink="false">http://www.thatsfamous.com/?p=2833</guid> <description><![CDATA[Applications for the recruitment for the clerical posts for the UCO Bank and its branches spread all over India are invited. Only the Indian nationals need to apply. Reports say the interested candidates should apply from July 21 to August 28, 2010.The UCO Bank is a Public sector bank that was established in the year [...]]]></description> <content:encoded><![CDATA[<p>Applications for the recruitment for the clerical posts for the UCO Bank and its branches spread all over India are invited. Only the Indian nationals need to apply. Reports say the interested candidates should apply from July 21 to August 28, 2010.</p><p><a
href="http://www.thatsfamous.com/wp-content/uploads/2010/07/UCO_Bank.jpg"><img
class="alignnone size-full wp-image-2834" title="UCO_Bank" src="http://www.thatsfamous.com/wp-content/uploads/2010/07/UCO_Bank.jpg" alt="" width="480" height="576" /></a></p><p>The UCO Bank is a Public sector bank that was established in the year 1943 in Kolkata. The bank is supposed to hire 1000 people from all over India through state quota system.</p><p>The interested persons can apply online through bank’s official website, the link for which has been provided below:</p><p>www.ucobank.com</p><p>The candidates need to do this after paying the application fees. The candidates are advised to confirm the eligibility criteria for the UCO Bank clerical posts.</p><p>The deposited application fees or postage fees is not refundable. The submitted application will be considered as final and no changes regarding the application will be made.</p> ]]></content:encoded> <wfw:commentRss>http://www.thatsfamous.com/2833-uco-bank-applications-for-clerical-posts-2010-open/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item><title>Kishore Vaigyanik Protsahan Yojana  &#8211; KVPY Application Form Online</title><link>http://www.thatsfamous.com/2794-kishore-vaigyanik-protsahan-yojana-kvpy-application-form-online/</link> <comments>http://www.thatsfamous.com/2794-kishore-vaigyanik-protsahan-yojana-kvpy-application-form-online/#comments</comments> <pubDate>Sat, 17 Jul 2010 09:07:08 +0000</pubDate> <dc:creator>Mary Fonseca</dc:creator> <category><![CDATA[Business]]></category> <category><![CDATA[KVPY]]></category> <category><![CDATA[kvpy application form]]></category> <category><![CDATA[kvpy eligibility]]></category> <category><![CDATA[kvpy fellowship]]></category><guid
isPermaLink="false">http://www.thatsfamous.com/?p=2794</guid> <description><![CDATA[The Kishore Vaigyanik Protsahan Yojana (KVPY) is a program that encourages the students to research in the fields of Engineering, Medicine and basic Science. KVPY is the initiative of the Government of India and the Department of Science and Technology. It was started in the year 1999.The KVPY provides Fellowship to the students who are [...]]]></description> <content:encoded><![CDATA[<p>The Kishore Vaigyanik Protsahan Yojana (KVPY) is a program that encourages the students to research in the fields of Engineering, Medicine and basic Science. KVPY is the initiative of the Government of India and the Department of Science and Technology. It was started in the year 1999.</p><p><a
href="http://www.thatsfamous.com/wp-content/uploads/2010/07/students.jpg"><img
src="http://www.thatsfamous.com/wp-content/uploads/2010/07/students.jpg" alt="" title="students" width="480" height="401" class="alignnone size-full wp-image-2798" /></a></p><p>The KVPY provides Fellowship to the students who are interested in pursuing their careers in the field of science. The fellowships are given to the students of standard 11, B.Sc, M.Sc, BE, B.Tech, B.Arch, MBBS. The Fellowship amount ranges from 4,000 – 7,000 and are open only to the Indian Citizens.</p><p>The students who are interested in this fellowship should fill the online application form that has been made available on the official wbsite of the Kishore Vaigyanik Protsahan Yojana:</p><p>http://www.kvpy.org.in/</p><p>The students should submit the application forms at the earliest:</p><p>Last date for receipt of the request for application form by post: 01st September, 2010; in person at KVPY: 09th September, 2010</p><p>Last date for closing of online application: 09th September, 2010</p><p>Last date for receipt of completed applications (both online/hard copy) by post and in person at KVPY, IISc, Bangalore: 10th September, 2010</p> ]]></content:encoded> <wfw:commentRss>http://www.thatsfamous.com/2794-kishore-vaigyanik-protsahan-yojana-kvpy-application-form-online/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item><title>New Rupee Symbol Approved By The Cabinet In India</title><link>http://www.thatsfamous.com/2775-new-rupee-symbol-approved-by-the-cabinet-in-india/</link> <comments>http://www.thatsfamous.com/2775-new-rupee-symbol-approved-by-the-cabinet-in-india/#comments</comments> <pubDate>Fri, 16 Jul 2010 13:25:36 +0000</pubDate> <dc:creator>Mary Fonseca</dc:creator> <category><![CDATA[Business]]></category> <category><![CDATA[indian rupee symbol]]></category> <category><![CDATA[new rupee symbol]]></category> <category><![CDATA[rupee currency symbol]]></category> <category><![CDATA[rupee symbol]]></category><guid
isPermaLink="false">http://www.thatsfamous.com/?p=2775</guid> <description><![CDATA[The Indian rupee is now bound to have its own symbol, which has been successfully approved by the union cabinet. The symbol would be a script mixture from Devanagari and roman fonts, and it would have the &#8216;Ra&#8217; from the Devanagari script and an &#8216;R&#8217; from the roman script. This has made the currency to [...]]]></description> <content:encoded><![CDATA[<p>The Indian rupee is now bound to have its own symbol, which has been successfully approved by the union cabinet. The symbol would be a script mixture from Devanagari and roman fonts, and it would have the &#8216;Ra&#8217; from the Devanagari script and an &#8216;R&#8217; from the roman script. This has made the currency to become the fifth country in the world to have its own distinct identity.</p><p><a
href="http://www.thatsfamous.com/wp-content/uploads/2010/07/zznew-rupee-symbol-rupee.jpg"><img
class="alignnone size-full wp-image-2776" title="rupee-symbol-rupee" src="http://www.thatsfamous.com/wp-content/uploads/2010/07/zznew-rupee-symbol-rupee.jpg" alt="" width="481" height="326" /></a></p><p>The new currency symbol has been designed by D. Uday Kumar, an IIT Post Graduate, and his design has been approved by the Union Cabinet. The rupee would be the fifth country after the USD, Euro, Pound and the Yen, to have a symbolic currency recognition. The next step would be to print the symbol on the notes and distribute it in the money market, as per the Information and Broadcasting Minister.</p><p>Uday Kumar&#8217;s design has been chosen out of 3000 designs and he would be awarded Rs. 2.5 lakh for this achievement. According to the minister, she stated, that the symbol would be adopted in India in the span of six months and globally in the span of 18 to 24 months. The symbol would be adopted by software and computer programs so that it could be printed and would be available globally.</p><p><a
href="http://asiabizz.com/2053/official-symbol-for-indian-rupee-finalized/" target="_blank">Read More Here</a></p> ]]></content:encoded> <wfw:commentRss>http://www.thatsfamous.com/2775-new-rupee-symbol-approved-by-the-cabinet-in-india/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item><title>Jobs Benifits and PPI Go Down- Production Sector Stable</title><link>http://www.thatsfamous.com/2736-jobs-benifits-and-ppi-go-down-production-sector-stable/</link> <comments>http://www.thatsfamous.com/2736-jobs-benifits-and-ppi-go-down-production-sector-stable/#comments</comments> <pubDate>Thu, 15 Jul 2010 21:28:04 +0000</pubDate> <dc:creator>Samron Jude</dc:creator> <category><![CDATA[Business]]></category> <category><![CDATA[down market us]]></category> <category><![CDATA[inflation us]]></category> <category><![CDATA[job claim rate]]></category> <category><![CDATA[recession us]]></category> <category><![CDATA[unemployement rate us]]></category><guid
isPermaLink="false">http://www.thatsfamous.com/?p=2736</guid> <description><![CDATA[The Producers Price Index (PPI) and the jobs claim benefits have fallen tremendously low, with the PPI falling down to a thirds month record low and the job claim benefits have gone down on a record 2 years low. On the other hand the production sector of the US is going steady for the moment. [...]]]></description> <content:encoded><![CDATA[<p
style="text-align: justify;">The Producers Price Index (PPI) and the jobs claim benefits have fallen tremendously low, with the PPI falling down to a thirds month record low and the job claim benefits have gone down on a record 2 years low. On the other hand the production sector of the US is going steady for the moment. The investors have been monitoring the economy to see any signs of recovery, but still in to the second half of the year, there has been no good news from the economic sector of the US.</p><p
style="text-align: justify;"><a
href="http://www.thatsfamous.com/wp-content/uploads/2010/07/unemployment.jpg"><img
class="alignnone size-full wp-image-2737" title="unemployment" src="http://www.thatsfamous.com/wp-content/uploads/2010/07/unemployment.jpg" alt="" width="480" height="254" /></a></p><p
style="text-align: justify;">The claims have been dropped  by 29000, to a seasonal adjustment of 429000 last week. On the other side of the story, the New Yorks Federal Reserve Bank&#8217;s Empire State Business center has experience a really bad month till now, as it dropped  by 15 points making it end end up at 5.08 in the month of July.</p><p
style="text-align: justify;">The US Stock index fell sharply as the US dollar in the world market was battered badly. The labor market showed 9.5% unemployement rate, something that is holding back the economy to recover from its long lasting recession.</p> ]]></content:encoded> <wfw:commentRss>http://www.thatsfamous.com/2736-jobs-benifits-and-ppi-go-down-production-sector-stable/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item><title>Study Shows US Mortgage Lenders Have Dipped Toes Into The Job Sector</title><link>http://www.thatsfamous.com/2666-study-shows-us-mortgage-lenders-have-dipped-toes-into-the-job-sector/</link> <comments>http://www.thatsfamous.com/2666-study-shows-us-mortgage-lenders-have-dipped-toes-into-the-job-sector/#comments</comments> <pubDate>Wed, 14 Jul 2010 22:35:31 +0000</pubDate> <dc:creator>Samron Jude</dc:creator> <category><![CDATA[Business]]></category> <category><![CDATA[Freddie Mac]]></category> <category><![CDATA[low rates loans]]></category> <category><![CDATA[Michelle Salvatore]]></category> <category><![CDATA[mortagage industry]]></category> <category><![CDATA[Quicken Loans]]></category> <category><![CDATA[unemployement rate usa]]></category> <category><![CDATA[unemployment usa]]></category> <category><![CDATA[us home refinancing]]></category> <category><![CDATA[us mortgage lenders]]></category><guid
isPermaLink="false">http://www.thatsfamous.com/?p=2666</guid> <description><![CDATA[There have been 8 million jobs that have been slashed in the US and is has become the worst unemployment rate since the 1980&#8217;s, but on the other hand the banks are thinking of providing loans at the lowest rate, which would become history in the US banking sector.In the mortgage industry, the 30 year [...]]]></description> <content:encoded><![CDATA[<p
style="text-align: justify;">There have been 8 million jobs that have been slashed in the US and is has become the worst unemployment rate since the 1980&#8217;s, but on the other hand the banks are thinking of providing loans at the lowest rate, which would become history in the US banking sector.</p><p
style="text-align: justify;"><a
href="http://www.thatsfamous.com/wp-content/uploads/2010/07/mortgage.jpg"><img
class="alignnone size-full wp-image-2667" title="mortgage" src="http://www.thatsfamous.com/wp-content/uploads/2010/07/mortgage.jpg" alt="" width="480" height="304" /></a></p><p
style="text-align: justify;">In the mortgage industry, the 30 year mortages have dropped by morer tha half percent at a point, which 0.60, and has brought the percentage to 4.57%, and the applications for home refinancing has touched the  highest level  in the course of one year.</p><p
style="text-align: justify;">And a due to the call of so much refinancing, the banks have started to generate employement in the banking sector. But as the unemployment rate is still sky high in the US, such vacancies flood in with peoples resumes, and at times making it very difficult.</p><p
style="text-align: justify;">According to Michelle Salvatore, Director for recruitment of Quicken Loans, stated that their bank has already employed 75 non banking employees in their marketing, technology and operations department.</p><p
style="text-align: justify;">According to Freddie Mac (FMCC.OB) who have surveyed the market and found that the 30 years mortagage rates have dropped to an all time low, to 4.57%, which is the lowest since 1971. With low rates of distribution of loans, it becomes easy for the companies to operate finance, for banks to provide loans at cheap rates and for consumers to spend more willingly.</p> ]]></content:encoded> <wfw:commentRss>http://www.thatsfamous.com/2666-study-shows-us-mortgage-lenders-have-dipped-toes-into-the-job-sector/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> </channel> </rss>
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