Financial Daily from THE HINDU group of publications
Wednesday, April 23, 2003
| Forex Rates April 22 (4.30 p.m. IST) | ||||||||||
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Financial Daily from THE HINDU group of publications Wednesday, April 23, 2003 |
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MONEY & BANKING FINANCIAL SERVICES Dharna over clearing house today KOCHI: The action council constituted against the shifting of SBI clearing house from Kochi to Ernakulam has decided to hold a dharna before the SBI, Calvathy Branch, on Wednesday. The action council comprising political parties, ... More FOREX Forwards plunge; g-secs dull Mumbai: THE rupee is expected to appreciate further in the near future if the sharp fall in the forward premia is any indication. The forward premia on dollars for three to six months crashed by over 50 basis points to its historic lows on ... More GENERAL INSURANCE Royal Sundaram unveils package for home contents ROYAL Sundaram Alliance Insurance has launched a comprehensive insurance package for home contents, the `Homeshield Classic'. A company release said that the product provided a cushion for home contents against a range of risks such as fire, ... More PRIVATE BANKS Karnataka Bank offers resident f/c account THE Mangalore-based private sector Karnataka Bank has introduced a new `resident foreign currency (domestic) account' in the wake of the Reserve Bank of India (RBI) permitting residents to maintain foreign currency accounts. The RFC (Domestic) ... More
UTI Bank to fund contract farming FINANCIAL INSTITUTIONS IFCI ratings downgraded to junk status RATING agency, CARE, has downgraded Industrial Finance Corporation of India's (IFCI) long-term and medium-term debt ratings to junk status. While the agency has retained the `CARE BB' rating on the fixed deposit programme of the financial ... More MONETARY POLICY Crunch time for monetary policy IF a former Deputy Governor of the RBI in charge of monetary policy says so, it must be true. In a recent article, Dr S.S. Tarapore states that there is no instance in economic management of a budget deficit and its monetisation as high as the ... More REGULATORY BODIES & RULINGS IRDA may be armed with adjudication powers THE Insurance Regulatory and Development Authority (IRDA) could soon be armed with powers of adjudication to enable it to directly intervene in disputes and enforce its penal powers. The powers would be on lines of similar one available to ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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Top Stories In Focus Run-up to Budget Kelkar Report Bottled water: How safe is it? Telecom Competition Oil PSUs: Disinvestment dilemma Housing Fin. rate war: Bonanza for consumers! NPAs in Banking Truckers' Strike In Depth Simple Economics Consumer Notes Tax Talk The Brahmananda collections NRIs & Investment Avenues Corporate Governance Gold: Still the winner? Cars: Always a beauty Railway Budget Budget 2003-04 Books and Reviews Looking back Apr. 13-Apr. 19 LIC posts 12% growth in number of policy sales Re-fixing of commissions — Brokers upset over IRDA fiat Early detection helps SBI cut NPAs by Rs 1,500 cr |
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