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Sunday, January 30, 2005
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MONEY & BANKING

FOREX


Forex reserves rise by $51 million
THE country's forex reserves rose by $51 million to touch $129.429 billion during the week ended January 21, as per the latest RBI statistics. Reserves were at $129.378 billion the previous week. The rise is mainly due to a revaluation in the ... More

STOCKS


Allahabad Bank: Buy
SHAREHOLDERS can accumulate the Allahabad Bank stock. The bank's business growth in the quarter ended December 2004 was impressive. Improvement can be seen in almost all vital business parameters. The stock valuation, ... More

HOUSING FINANCE


Ten questions to ask before taking home loan
YOU are looking for a home loan to fund your new apartment and see a special "festival offer" advertisement in the newspaper. Before rushing to call the home finance company and signing on the dotted line get more ... More

LIFE INSURANCE


Tata AIG ShubhLife
THE flurry of unit-linked insurance plans have pushed to the back-seat the traditional term and endowment policies. However, this has not deterred Tata AIG from launching ShubhLife, an endowment plan . We will examine ... More

PRIVATE BANKS


ICICI Pure Gold
IT'S the wedding season and that means a rush to buy gold, no matter what the price. At least that's how it is with us Indians, who are sentimental about the yellow metal, besides treating it as an investment ... More

Lakshmi Vilas Bank rights issue at Rs 45 premium
LAKSHMI Vilas Bank has decided to come out with a rights issue in the ratio of 7 shares for every 10 shares held. A bank release said the rights issue would be priced at Rs 55 a share or a premium of Rs 45. The paid-up equity capital of the ... More

SHORT TERM INSTRUMENTS


T-bill auction to be held on Wednesday
THE Reserve Bank of India has announced the auction of 91-day Government of India treasury bills for a notified amount of Rs 2,000 crore, to be conducted on February 2. Of this amount, Rs 500 crore will be auctioned under the regular auction ... More


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Forex reserves rise by $51 million

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In Focus

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In Depth

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Looking back
Jan. 23-Jan. 29
Forex reserves rise $266 m

Big chunk of personal loans is against FDs

Widening US trade, budget deficits begin to hurt — Dollar losing favour with most central banks

Trading in rupee options picking up

Vijaya Bank Q3 net down 49 pc


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