Ramco at the service of the public

Ramco has always been at the forefront in providing relief to the public in times of calamities, the latest being  the floods in Chennai, for which relief measures have been undertaken along with the Chennai Corporation. 

Every year due to heavy rains and floods, be it Chennai or Thoothukudi or several other towns in Tamil Nadu are affected badly and normal life comes to a grinding halt. As a true Corporate Citizen, Ramco sprang into action deploying gigantic dewatering pumps to provide relief to the water-logged areas of Chennai. The relief measures were undertaken with guidance from Chennai Corporation officials.

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In July 2024, the average mortgage rate in the USA rose to 6.95%, marking a significant increase and impacting homebuyers nationwide. This upward trend in mortgage rates is attributed to several economic factors, including inflationary pressures, shifts in the Federal Reserve?s monetary policy, and broader market dynamics. The rise in mortgage rates presents challenges for potential homebuyers, making borrowing more expensive and potentially slowing down the housing market. Higher rates can lead to increased monthly payments for homeowners, reducing affordability and potentially deterring new ..

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