Word: cashes
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...introduced a Western-style banquet of financial products to the country's rising middle class, whose members began tapping credit cards, consumer loans and installment plans to buy automobiles, washing machines, vacations - all those trappings of upward mobility that the few who could afford them once proudly purchased with cash. The country's central bank estimates that the amount of personal loans held by Indians nearly doubled from 2005 to 2007, to $106 billion; the country's credit-card industry has been growing at an average annual rate of nearly 30%. "There was an environment that was building up irrational...
...predicting a wave of bad debts will crash the Indian financial system and economy. That's because commerce on the subcontinent still runs mostly on cash. Dheeraj Dikshit, the head of consumer assets in India for U.K.-based bank HSBC, reckons that credit cards are used for only about 2% of all retail transactions. But cash-strapped consumers will still hurt economic growth. Many spend half their salary on car and house payments and will be forced to cut discretionary spending. Some sectors are already getting hurt. New car sales - 80% of which are financed - are slowing. Tata Motors reported...
...dorms with cable television, common rooms with plasma televisions, and even sidewalks that aren’t covered in puddles when it rains. Food is also a popular topic, with many UC-hopefuls calling for extended brain breaks, longer dining hall hours, and more options for spending Crimson Cash...
...vote yes on the bill, it would have been even more soundly defeated). Indeed, five GOP seats are already leaning Democratic and another 19 are toss-ups, according to the Cook Political Report, which tracks congressional races. And House Republicans trail Democrats by more than $40 million in campaign cash-on-hand...
...flock for imported foods and other goodies. "It's very slow," says Quereshi of recent trade. "The economy is down but security is the big problem: bombings, thieves. Pakistan is falling." Quereshi was robbed at gunpoint on his way to work recently. The three men took 70 rupees in cash (just under $1) as well as his beloved Nokia cell phone "with camera." Grimacing as he talks, he forms his hand into a pistol and then says: "Just like in California, who's poor, who's hungry they come and take what they want now. It's becoming wild...